All examples

Tourism / Leisure

Business Manager Fit 3/5

PADI Diving School & Tour Operator

Okinawa 2 employees Profitable

Asking price

¥18M

¥18,000,000

Required capital increase

¥15M

to reach ¥30M paid-in capital

Working capital reserve

¥8M

first-year operations buffer

Estimated total investment

¥45M

excl. professional fees

Reported annual revenue: ¥28M

A well-reviewed diving school with boat access and international clientele. Smaller structure requires capital increase and one additional hire for a strong visa profile.

Overview

A PADI 5-star operation with two boats (one owned, one chartered), running courses and fun dives for a largely international customer base.

Why it scores 3/5 for Business Manager fit

  • Profitable, licensed, real premises — a genuine operating business
  • Deductions: capital must be increased to ¥30M and headcount is at the minimum; plan to hire one full-time instructor to strengthen the file

Points to examine in due diligence

  • Boat condition and survey dates
  • Seasonal typhoon-related cancellation exposure

Figures shown are an illustrative profile based on typical market transactions in this segment. Actual live mandates are shared during coordination engagements.