Scuba repair listed for sale

[BRT]

I don't see how it could be worth over a million USD?

In the end what it is worth is based on the income it produces plus a premium for living in Coz.

 

[JFS]

I don't see how it could be worth over a million USD?

Everything has gotten crazy expensive here like everywhere else. Its been for sale for atleast 4 years that I know of.

 

[DandyDon]

Its been for sale for atleast 4 years that I know of.

First clue that it's overpriced.

 

[lowwall]

I don't see how it could be worth over a million USD?

Inventory? Real estate value? NPV of future profits?

I'm not saying it is worth what they are asking, but I could certainly see how it is possible.

 

[BoundForElsewhere]

I don't see how it could be worth over a million USD?

it's not. probably not even close. any kind of dive op, I think, relies on the fantasy of the buyer.... "living the life", etc.

How do you make a million dollars in the scuba business? Start with 2 million.

 

[ReefHound]

Everything has gotten crazy expensive here like everywhere else. Its been for sale for atleast 4 years that I know of.

Ok, I see. One of those perpetually for sale things. Fishing for a sucker. I saw this thread and thought it was brand new on the market and might have indicated some recent significant change.

 

[JFS]

First clue that it's overpriced.

I think it was originally around $750k years ago when I first saw it for sale. Realtor looking for big commission.....

 

[ggunn]

First clue that it's overpriced.

And/or the seller is undermotivated. I have seen properties stand "se vende" on Cozumel for years, some of which never sold.

 

[JFS]

And/or the seller is undermotivated. I have seen properties stand "se vende" on Cozumel for years, some of which never sold.

I think Larry has been motivated for many years to sell it. He's 80 years old now. Needs more time golfing and surfing....

 

[Dave Dillehay]

I think Larry has been motivated for many years to sell it. He's 80 years old now. Needs more time golfing and surfing....

WOW...Just like me. But I got out for asset value ONLY!

DAVE DILLEHAY