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June 2017    Download the Entire Issue (PDF) Vol. 32, No. 6   RSS Feed for Undercurrent Issues
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Fancy Buying a Dive Resort Operation in the Sun?

itís not for the faint-hearted!

from the June, 2017 issue of Undercurrent   Subscribe Now

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With kids growing up and leaving home, it's a time to re-evaluate your life and maybe have the life you have denied yourself. It's a time when some middle-aged men buy big motorcycles and some women take up mountain climbing. Many divers with an empty nest begin to book all those dive trips we promised ourselves. But some even go one stage further. They buy a dive resort, where the sun always shines and everyone is intent on having a good time. What would that be like?

You can buy Buccaneer Adventures in the South Pacific for $500,000

You may remember that last year the owners of Kosrae Nautilus Resort raffled off their resort, and a young Australian, 26-year-old Josh Ptassznyk, won it for a $49 ticket! Without such luck, one would need to invest a lot more, but with property prices in North America booming, you may be tempted to sell your house and make a life-changing move.

So what's available, and what would it cost? First, beyond your cash investment, you'll need a cash cushion to see you through the initial operating days. Since you probably have no idea how to run a resort, you might insist that the sellers stick around for a while to see you past any pitfalls, which might even include a little local animosity directed at a newcomer. And, since you're headed to a job with round-the-clock responsibility, you'd better have the stamina and temperament to manage it....

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