Blackcrusader
Contributor
Thanks for the offer. Our boats/engines/compressors/tanks are probably the last things we would sell however. We have quite some land with full ownership we will try to sell some parts of. And maybe some of our cars. Another solution we consider is to try to find a partner who would like to live and work in Indonesia and could invest money to cover the costs until we can start again. With 3 resorts we could use some extra input anyway. Firsts we will have to see how the situation worldwide develops. In the meantime I wish all affected by this extreme situation all the strength you need.
My wife lived in the Philippines for five years and we were discussing maybe move there in the future and invest into a dive center. There are going to be a lot of failures in this industry. Having a resort with dive center is nice. You wrote
"Another solution we consider is to try to find a partner who would like to live and work in Indonesia and could invest money to cover the costs until we can start again"
For myself as an investor the problem I come across is that many dive centers have no proper accounting documents so no lists of inventory and their current value, many rent properties and don't own a lot of assets except the dive gear they rent out and perhaps some cheap vans and compressors, and some small boats. Then of course there is the issue of what an investor can actually own when it comes to a business, such as land buildings etc which is not possible for many countries.