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Listed by:

Panhandle Business Brokers

Trusted Dive Shop Over 20 Years In Business For Sale

Bay County, Florida, US
Asking Price:
$255,000 Furniture / Fixtures included
Sales Revenue:
$300,000
Cash Flow:
$75,000

For over two decades, this dive shop has been more than just a business—it's been the gateway to underwater adventures for countless divers along Florida's stunning Gulf Coast. What began as a passionate entrepreneur's vision to share the wonders of the ocean has evolved into Panama City Beach's most trusted and recognized scuba diving center, certifying more divers than any other local shop.

The story is one of dedication to excellence and community building. Through partnerships with major international training agencies, the founders transformed their initial dream into a comprehensive diving education hub where novice snorkelers take their first breaths underwater and experienced divers refine their skills. Each certification represents not just a business transaction, but a life-changing moment where fear transforms into confidence and curiosity becomes expertise.

Over the years it weathered industry changes and seasonal fluctuations by diversifying its offerings and deepening community roots. The business expanded beyond basic training to include equipment retail, professional repair services, gear rentals, and guided charter adventures. This evolution created multiple revenue streams while building an ecosystem where divers could access everything needed for their underwater journeys under one trusted roof.

The shop's experienced instructors have become local legends, known not just for their technical expertise but for their ability to inspire confidence in nervous first-time divers. Their professional staff has built lasting relationships with customers who return year after year, bringing friends and family to share in the diving experience. This loyalty has created a thriving community of diving enthusiasts who view this dive shop as their aquatic home base.

Today, it stands as a testament to the power of passion-driven business. Located in the heart of one of Florida's premier diving destinations, the operation represents a turnkey opportunity for someone ready to write the next chapter of this remarkable story. The established brand recognition, loyal customer base, and proven operational model provide the foundation for continued growth and community impact.

This is more than an acquisition—it's an invitation to become the steward of a legacy that has opened the underwater world to thousands of divers and continues to create life-changing experiences every day.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration:
01/01/2027
Rent:
$2,700.00

Location:

Panama City Beach, FL (Bay County)

Size in square feet:
1,500 sqft

Business Operation

Expansion Potential:

Tremendous growth opportunity, a trusted name in our community with decades of success, owner is older and been winding down looking to retire, years past the business would generate of $700k in revenue and had charter boats in its assets. A new owner could bring that passion back to this legendary dive shop and capture decades more of success.

Reasons for selling:

Retirement

Years established:
31 years

Other Information

Financing available:

make offer

Furniture / Fixtures value:
$35,000 - included in the asking price