How much does it cost to start a dive shop?

Is a dive shop profitable?

With average revenues of about $500K annually, the local dive shop is either a small or micro business. There’s nothing wrong with that, except it can be challenging at times. With this level of annual revenues, it is unlikely you can afford a vice-president for each one of these functions.

How do I start a dive center?

How to Open a Dive Shop or Resort

  1. Start With a Well-Researched, Realistic Business Plan. …
  2. Be Prepared to Work 40-50 Hours a Week. …
  3. Buying a Dive Shop Vs. …
  4. Avoid the Most Common Mistake New Dive Shop Owners Make. …
  5. Choose the Right Business Partner. …
  6. PADI Business Academy. …
  7. PADI Regional Managers. …
  8. Other PADI Benefits.

How much do freedivers make?

The highest salary for an Instructor Scuba Diving (PADI) Freediving in United States is $102,511 per year. The lowest salary for an Instructor Scuba Diving (PADI) Freediving in United States is $32,857 per year.

Is scuba diving a dying industry?

As a whole, scuba diving had a drop of 4.7% in participation in 2020 — a negative trend in place for over a decade. The silver lining is what we mentioned earlier: The participation rate in the group of core divers (those scuba diving more than 8 times per year) increased 1.3% over 2019.

How much do scuba divers make an hour?

A common hourly rate for a fresh diver is $40 an hour with a lot of our graduates starting with these roles. The larger contractors typically pay between $400 and $500 a day, with top up for night shift and over time. On night shift, it is not uncommon for these contractors to pay around $800 a day.

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