Selling tours in your MiniSub SSRV Can Earn You BIG $$$$

A MiniSub attracts attention wherever it goes! Everyone wants to take a ride in one, in fact; they are willing to pay quite well for the oportunity to experience the underwater environment from the cockpit of your MiniSub.

There are several Tourist Submarines on the market today. With many of them costing well over $2 million, they are beyond the reach of all but the most well heeled entrepreneurs. A MiniSub SSRV on the other hand is very affordable, and can be purchased for less than the cost of many luxury cars.

Operators generally charge $75 - $100 per person per dive. Since the MiniSub SSRV is designed to carry a pilot and 2 passengers, this means that you can earn from $150 - $200 per dive. At a decent location, you should be able to sell 100 - 200 dives per month.

When you consider the costs of operating your own MiniSub SSRV, you must include both direct and indirect costs. Direct costs are cost incurred in the operation of the Sub itself, and are easily computed on an hourly basis. These would include:

The costs for electricity (used to recharge the batteries, and run the compressor to refill your tanks).
The cost of air fills (if you don't have your own compressor).
The costs for you pilot (usually paid on a per dive basis).

In addition you must include the indirect costs. These are costs you would incurr whether your MiniSub was conducting dive operations, or remained at the dock. These include:

Insurance.
Moorage.
Interest charges, and depreciation on your investment.

On the revenue side, you can include income from dive operations, and promotional events. Consider the income produced from operating only 100 dives per month. On an annual basis that would amount to 1200 dives. Assuming you charged only $75 per passenger, you would generate an income of $180,000.00 per year.

When you consider the average electrical cost to charge batteries and tanks.............$ 1,200.00
Costs for Insurance (approximate- varies by location) .............................................$ 2,800.00 Initial cost of MiniSub SSRV...................................................................................$35,000.00
Depreciation in first year of operation (Sec. 179 MACRS).....................................($17,500.00) You can see the potential for generating revenues of $158,500 in your first year before taxes!
NOTE- The section 179 MACRS allowance has been greatly increased. Please contact your CPA for current information.

Back to our MiniSub SSRV page

Back to our Home Page

Send Email to support@iesonline.cc