Dive Club Benefits

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Please Note:
Only 24X03 23 shares remain available.

Scuba clubs and their members can greatly benefit from resort ownership at Scuba Blue Estates in at least three ways:

  1. The prestige of owning a Caribbean base-of-operations to run affordable club travel. You could use four of the club’s weeks simultaneously to reserve the entire condominium apartment building and accommodate 8 to 24 club members for a week-long trip of world-class diving for as little as a few dollars per person.
     
  2. The ability to raise funds for club projects. Instead of having the cost of the trip dictated by the resort, you get to determine the price per diver that will provide an acceptable profit margin.
     
  3. The freedom to set your pace. Instead of being tied to a boat schedule or a dining hall deadline, you get the flexibility to dive when it best suits your needs. Plus, the on-site management team will assist you with floats, ropes, and even act as scuba guides to make your dives as safe and worry-free as possible.

Consider these examples that show you ways to turn your club’s
8-week share into an income-generating opportunity
so that your club can accomplish more.

Dive Club Option 1:

20-member club buys
one 8-week share

Year 1:

Instead of paying for a standard dive trip that would have cost $1600 per person, 20 club members  each pledge to pay $109 monthly to finance the share price and one year of maintenance fees. [($25,000 ÷20)+($78x12÷20)] The club uses 4 weeks of the purchased share to reserve 4 Scuba Blue apartments for 7 days. The remaining 4 weeks of lodging are rented to another club or dive shop for $4000.

Year 1 cash flow = +$4,000.

Years 2 and beyond:

The Year 1 profits cover four years of annual maintenance fees. [$78x12x4 = $3744] Each year the club can rent any or all of its 8 weeks at Scuba Blue Estates to pay for the club’s trips and activities. Any weeks that remain unrented can be used for one or two club-sponsored trips for world-class diving on Cayman Brac.

Dive Club Example 2:

8 members finance
one 8-week share

Year 1:

8 members of a 20-member club each pay $3242 to finance the share price and one year of maintenance fees. [($25,000 ÷8)+($78x12÷8)] The remaining 12 club members pay $350 each for a club-sponsored trip to Cayman Brac, using 4 weeks of the club’s share to reserve 4 apartments for 7 days. The remaining 4 weeks of lodging are rented to another club or dive shop for $4000.

Year 1 cash flow = -$17,936

Years 2 & 3:

Club pays $936 for one year of maintenance fees. [$78x12]16 club members pay $250 each for a club-sponsored trip to Cayman Brac, using 4 weeks of the club’s share to reserve 4 apartments for 7 days. The four remaining weeks of lodging are rented to another club or dive shop for $4000.

Annual cash flow = +$7,064, which is used to repay the original investment.

Year 4 and beyond:

Year 4’s cash flow = +$7,064, which is used to repay the last $3808 of the original investment, leaving the club with income of $3,256. The $7064 generated in all subsequent years pays for the club’s trips and activities.

Remember:

An 8-week ownership share can be used in any combination of apartments for 7-day periods. (Reserve 1 apartment 8 times or 2 apartments 4 times or 4 apartments 2 times, etc.) Each 2-bedroom apartment can comfortably accommodate up to 6 people.
 

Click here to receive a copy of the preliminary Public Offering Statement for
Scuba Blue Estates, a 23-page document that includes budget projections, floor plans, and all the details you need to make an informed decision about becoming an owner in the newest resort on Cayman Brac.

Click here to see photos of the property and the beach.

Click here to see photos of Cayman Brac.

To reserve your share of paradise,
simply contact Scuba Blue Estates
via e-mail (info@ScubaBlueEstates.com)
or by telephone.

U.S. office: (817) 789-4894

Cayman office: (345) 940-0604

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