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  1. #1
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    Rough costs for opening a dive centre in the Philippines.

    Hi,

    I know this is a very open question but here goes,

    I often talk to a good friend of mine about opening a dive centre together. We love to dive, long dives and dive for as long as possible and that is what we would like to offer our customers (not, as soon as we hit 50 mins we surface). We have done lot's of diving together in the Philippines and thought about something there. Perhaps Bohol.

    My question is, how far would £80,000 - £100,000's get you with opening a dive centre in the Philippines? Would it cover the costs for a new boat, decent compressor, say enough full sets of equipment for say, 10 divers, 20 tanks and all the insurance costs? May be a shop would need to be rented with a toilet, shower, electricity to start with to be in our budget?

    We could offer courses, but would a diver centre survive if we just offered diving to qualified divers? Like I said, we would aim at not having a time limit on dives. May this bring in more divers?

    I know what I have said is very brief, but I am just trying to get some thoughts going.

    Thanks

  2. #2
    Established TDF Member steelemonkey's Avatar
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    "To make a small fortune out of diving, start off with a large one."
    Paul.
    If God had meant us to breathe underwater, he would have given us larger bank balances.
    Human beings were invented by water as a means of moving itself from one place to another.

  3. #3
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    Quote Originally Posted by steelemonkey View Post
    "To make a small fortune out of diving, start off with a large one."
    I have a friend in Moalboal with a dive centre and he is jam packed everyday. He even turns people away. He actually seems to do well and it is not a fancy centre at all.

    Can you make a living though and cover all costs?

  4. #4
    Established TDF Member Chrisch's Avatar
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    Quote Originally Posted by greatwhite View Post
    I have a friend in Moalboal with a dive centre and he is jam packed everyday. He even turns people away. He actually seems to do well and it is not a fancy centre at all.

    Can you make a living though and cover all costs?
    It is possible to make a living doing just about anything. If you want to set up a business in the Philippines you need to know what your capital will buy there, that is pretty specialist knowledge and I doubt you will get it on here unless you are very lucky.

    Given that the world is now looking long and hard at whether or not it will ever be possible to travel again as we have done before I would say that it is very difficult to know what the future holds. What is and what will be the quarantine period for tourists coming into your local airport for the next few years? Also what quarantine will be required for them going home? Where will the come from? I guess the US is a big source so you might get more data on Scubaboard.

    We are about to enter a depression in my opinion. I really want to be wrong but it is a real possibility.

    Not trying to put you off, just you really need to think about it.

  5. #5
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    Most basic question: why do you want to own and run a dive centre?

    If its just to offer long dives, maybe all you need is to run a tour company and buy boat space from other operators. Remember the main reason for limiting dives is to run two or three trips a day maximising revenue.

    We had a couple in my last club who ran diving trips worldwide, but had to give the business up because of the Travel Package Regulations. One of their ‘friends’ reported them to Trading Standards. You need to check whether the countries you want to operate in have similar laws.

    Your biggest obstacle could be being allowed to own or run a business as a non-national.

  6. #6
    Team Starburst Ian@1904's Avatar
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    Have you ever run a business before? There are many costs often forgotten about: staff holidays, boat servicing, stock of spares for customers, spare compressor for when the main one is not operational, advertising.
    Do you like paperwork? Most businesses have a lot of paperwork to handle: dive logs of depth and time, diver qualifications, compressor logs, cylinder testing, reg testing. If something goes wrong you will need all of this paperwork.
    Have you ever dealt face to face with the general public in respect of customer service? Some people are complete @rses
    Do you have boat driving qualifications?
    The locals might not be too happy about a new competitor business starting up. So expect everything from legal claims, lies about you to outright intimidation
    Running a dive business is very different to going diving
    Building up a good reputation takes a lot of hard work, and it can easily be lost.

    I am not saying don't go for it. You will love the dive centre the day that you buy it and the day that you sell it. Personally I would keep the £100k, and go diving as much as you can around the world.

  7. #7
    bottlefish Stuart Keasley's Avatar
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    As far as I'm aware, foreigners aren't allowed to own properties or businesses in the Philipinnes, so you'd have to go into partnership with a Philippino, if anything went awry then the law would be on their side, you'd lose all your assets/investment.
    Please visit bottlefish for my personal web site, Quay Cameras to chat to me about the cameras and kit that I sell

  8. #8
    Established TDF Member Chrisch's Avatar
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    This clarifies Stuart's point a little but is more about corporate - https://enterph.com/blog/the-expats-...e-philippines/

  9. #9
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    Quote Originally Posted by greatwhite View Post
    Hi,

    My question is, how far would £80,000 - £100,000's get you. Would it cover the costs for a decent compressor, Thanks
    Just about.

  10. #10
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    Quote Originally Posted by iain/hsm View Post
    Just about.
    Only the compressor?


 
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