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Full Dive Shop Equipment. Price?

Discussion in 'Business of Diving Institute' started by Josefson, Jul 30, 2019.

  1. Josefson

    Josefson Angel Fish

    # of Dives: 1,000 - 2,499
    Location: Shanghai
    18
    8
    3
    Good Day

    Hopefuly I catched the right part of this forum. I am not selling anything ;-)

    The diveshop I am working right now is going to close end of this year. The owner will be retired.

    He asked me if I like to buy all the equipment (only the equipment. Not the shop). He couldn't tell me any price yet.

    It is a small shop and the equipment is around 5y old and most in a good condition.

    Compressor AI Pro N4-7-310-370
    Steel DIN tanks Tüv for 1more year: 15l x 2, 12l x 10, 10l x 6, 8l x 4, 5l x 7
    Wetsuit Scubapro 7mm x 22, 5mm x 8
    Shorty Subgear 5mm x 22, 3mm x 9

    BCD Scubapro x 19
    Regulator just serviced begin of this season, Scubapro MK2 x 19
    Boots 5mm x 14

    Open Fins Sub Gear x 13
    Closed Fins x 19
    Hoodys 3mm x 15

    Masks x 13
    Dorkels x 11

    Torches 200lumen scubapro x 6
    Compass x 2
    Computer Sub Gear x 2

    Spare Parts for Regs, fins and masks. Also some tools to maintain the equip.

    A few new things from the shop:
    Masks Scubapro x 18
    Snorkels Scubapro x 15

    No Books for students etc No teaching material


    In summertime when I do my parttime job as an instructor in my hometown I mostly rented the equipment for my students in a diveshop nearby for 50Euro each course. Not sure if I should buy this stuff and also no clue what this equipment worth in this amount.
    Owning a big farm with enough space to store it and also the power for the compressor.
    I am not willing to open a diveshop, but maybe I am gonna safe some money if I don't need to rent equip for the students. And I can rent it out to other divers

    Asking for advice about price and what else I should check before I consider to buy. Any Ideas?

    Thanks anyway ;-)
     
  2. abnfrog

    abnfrog Tech Instructor

    # of Dives: 2,500 - 4,999
    Location: great white north
    1,386
    848
    113
    if you pay for the gear 1 piece price at a time you are over paying , figure out a percentage then that's the price , if your not getting the location and the name , something's up ........ive always said be a business person FIRST and an instructor second , too many shops have fallen to the "im an instructor now , I should own a shop " mentality
     
    Josefson, Marie13 and Sam Miller III like this.
  3. DeepSeaExplorer

    DeepSeaExplorer Solo Diver

    # of Dives: 500 - 999
    Location: North Florida
    1,138
    255
    83
    Dated gear is pretty much worthless, especially things like masks and snorkels.

    Make it strictly a business decision. Unless the gear is cheaper than what you spend on renting over say a three period, it’s not worth it. Also, consider the impact if you still have to rent because you don’t have everything.

    I would skip the compressor completely. Most dive shops loose money on fills. I wouldn’t take on the cost and upkeep. The compressor is a huge risk for little gain.
     
    Josefson likes this.
  4. chillyinCanada

    chillyinCanada Solo Diver Staff Member

    15,084
    9,470
    113
    Do you do the maintenance on all of the gear now? If not, figure that in to the negative column because that will be an expense to be taken out of any saving on rental.
     
    Josefson likes this.
  5. Josefson

    Josefson Angel Fish

    # of Dives: 1,000 - 2,499
    Location: Shanghai
    18
    8
    3
    Location and name belongs to a hotel, that's why I wont get it. No idea what they r doing after that. And u r right it is easy to fail with a diveshop, that's why I just consider to buy so I don't need to pay the rental gear for my students... But the price have to be super low or it wont count
     
  6. Josefson

    Josefson Angel Fish

    # of Dives: 1,000 - 2,499
    Location: Shanghai
    18
    8
    3
    Jap the compressor is a pain. Also to transport it to my location and maintain it. Airfillings I can get almost for free in a diveshop.

    Also the rest of the equipment doesn't worth that much. Just afraid to offend him when I offer a price :p

    Thanks anyway for ur advice
     
  7. Josefson

    Josefson Angel Fish

    # of Dives: 1,000 - 2,499
    Location: Shanghai
    18
    8
    3
    So far I did the service on it. For the regulators there are each two more service kits. Tanks need to get the inspection next year what also costs an amount of money.

    Thanks for ur post
     
    chillyinCanada likes this.
  8. EireDiver606

    EireDiver606 DIR Practitioner

    1,194
    400
    83
    Don’t waste your money. Used gear is worthless unless it’s a very good brand or in very good condition.
     
    Josefson likes this.
  9. Rechno

    Rechno Nassau Grouper

    # of Dives: 200 - 499
    Location: Germany
    137
    110
    43
    I´d ask myself how much of that gear will you really use / need?
    If I understand correctly, you are not planning on owning a shop. So how often do you run courses and how many participants do you have? In order to staff 2-4 divers you wont need 20+ suits, tanks etc.
    What might work is: getting all the gear for a really good price, sorting out the stuff you need and trying to resell the rest. But you have to do the numbers.

    When doing the numbers for the compressor you should consider the aspect "freedom". So its not only the price of running the compressor vs. cost of fills but also the question, how convenient it is to get the fills when you need them, how long it takes to get to the shop and back, opening hours etc.
     
    Josefson likes this.
  10. DeepSeaExplorer

    DeepSeaExplorer Solo Diver

    # of Dives: 500 - 999
    Location: North Florida
    1,138
    255
    83
    Any freedom gained by having a compressor will likely be offset by time spent doing maintenance and the cost of parts.
     
    Josefson and Caveeagle like this.

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