Is padel court a good investment?

The popularity of padel, also known in English as paddle or paddle tennis, has grown enormously in recent years, making it a highly profitable business opportunity. However, the profitability of padel courts depends on several factors, which we have discussed previously and can be found [here]. Today, we focus on an essential aspect: ensuring you invest in courts that stand the test of time, both in terms of material quality and installation process. MejorSet stands out in the industry due to its commitment to excellence and certifications such as CE marking, ISO , and ISO . In this article, we will explore why these certifications are important and how they ensure that MejorSet's padel courts are more likely to be profitable investments in the medium term.

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1. The Growing Popularity of Padel

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Padel, also known as paddle or paddle tennis, is rapidly gaining traction worldwide. At MejorSet, we are working on new installations in the Mall of Africa, Midrand (South Africa), and setting up courts in front of Wembley Stadium in the UK, the iconic venue for the upcoming Champions League finals.

The unique blend of tennis and squash elements makes padel an attractive sport for all ages. As the sport's popularity grows, so does the demand for high-quality padel courts.

2. The Importance of Certifications: CE Marking, ISO , and ISO

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When it comes to building a padel club, the quality and safety of the courts are decisive factors that can influence the success of the business. International certifications such as CE marking, ISO , and ISO guarantee that MejorSet's padel courts not only meet the highest standards but also offer tangible benefits for the profitability and sustainability of your club. Here&#;s how each of these certifications contributes to the success of your investment:

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CE Marking: European Safety and Compliance

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The CE marking indicates that MejorSet's products meet the essential health, safety, and environmental protection requirements set by the European Union. For a padel club, this means that the courts have been evaluated and approved to ensure a safe environment for players. Compliance with these standards:

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- Increases customer confidence: Players and club members can be assured they are using facilities that not only are official courts of the best tournaments but also meet the highest safety standards.

- Reduces legal risks: Compliance with European regulations minimizes the risk of litigation due to safety issues.

- Facilitates access to international markets: If you plan to expand your club or attract players from different countries, the CE marking is a globally recognized quality seal.

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ISO : Sustainable Environmental Management

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The ISO certification focuses on environmental management, which is increasingly important for modern and eco-conscious businesses. MejorSet has implemented an environmental management system that meets this standard.

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- Enhances corporate image: A padel club that demonstrates its commitment to sustainability attracts a customer base that values environmental care.

- Regulatory compliance: Keeping up with local and national environmental regulations can avoid fines and sanctions, thus protecting your long-term investment.

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ISO : Quality Management

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The ISO certification ensures that MejorSet maintains a rigorous quality management system focused on continuous improvement and customer satisfaction. For your padel club, this translates into:

fortune supply professional and honest service.

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- Consistent products and services: MejorSet's padel courts are manufactured and installed following standardized procedures that ensure high quality at all times.

- Customer satisfaction: The high quality and durability of the courts result in a superior experience for players, fostering loyalty and attracting new club members.

- Operational efficiency: Optimized processes and a focus on continuous improvement can help reduce errors and waste, which in turn lowers costs and increases profitability.

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3. Official Courts of Premier Padel and the International Padel Federation

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Leading the way in design innovation, safety, and quality across all processes has led MejorSet to be chosen as the official supplier of the International Padel Federation (FIP) in , and to be selected as the official court provider for Premier Padel in early . Exclusive court models have been launched for each organization.

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Discover the FIP model [here] and the Premier model [here].

4. The Profitability of Padel Courts

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In the short term, many courts may seem attractive, but the flaws in installation become apparent after a few years, and what seemed cheap ends up being expensive. It&#;s crucial to know what is needed before building a padel club. You can find our article on this topic [here]. At MejorSet, we understand that although the importance of these certificates may not be immediately recognized in an emerging sport, CE marking and safety, and quality certifications attract more players and thus the success of the club, with higher usage rates and revenues. Additionally, sustainable practices can reduce operational costs and attract a broader customer base.

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Conclusion

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It's not just important to understand the market, where the club or courts will be installed, having a clear business vision and plan, but also to understand the difference between the main padel court providers in terms of process quality and guarantees. At MejorSet, our pillars are clear, where quality is non-negotiable.

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Ready to invest in a profitable padel court?Contact MejorSet today to learn more about our certified construction process and how we can help you build a high-quality padel court that stands the test of time.

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According to a study carried out by Deloitte, Padel has experienced historic growth in the last 5 years despite the pandemic. The number of registered clubs worldwide has increased by 181%, and the creation of new Padel Courts in Europe has tripled since , reaching 27,000 units.This growth responds to an unprecedented increase in demand, which has NOT slowed down during the pandemic. Especially in Spain, which led the ranking of Padel Courts and clubs in . Figures that already exceed those of tennis, and that make this sport a most profitable business in the future, when it is expected that the demand continues to grow. In this context, setting up Padel Courts has become a more than interesting option for entrepreneurs who are thinking of setting up a project related to the world of sports. 

Renting Padel Courts?

The business of Padel Courts is found, mainly, in renting them by hour. The average price of this service in Spain is around 12-15 Euros per hour. 
If your Padel Courts were rented uninterruptedly between 10 am and 10 pm, the daily revenue would amount to 144 &#; 180 euros per court. 
Which is 576 &#; 720 euros in total, if you have 4 Padel Courts. This is if you have 100% occupancy, but the reality is you better start your business plan with an occupancy rate of 40 &#; 45 % in the first year and you can increase it the second year, etc.   

If your price is between 28 &#; 32 Euros per hour 
&#; the daily revenue at 100% occupancy is 336 &#; 384 Euros per court.  For 4 courts would be 1.344 &#; 1.536 Euros x 360 days = &#; Euros per year.
&#; the daily revenue at 40 % occupancy is 135 &#; 154 Euros per court per day. for 4 courts would 540 &#; 615 Euros per day x 360 days = &#; Euros per year.
&#; the daily revenue at 50 % occupancy is 168 &#; 192 Euros per court per day. for 4 courts would 672 &#; 768 Euros per day x 360 days = &#; Euros per year.

If you need a template as an Excel-File for an easy calculation of your income, have a look at the post listing all the income sources. This can help you putting together different scenarios for your business case.

In addition, using a loyalty system is a good formula to guarantee your income. For example, giving away one hour for every 10 reservations or establishing a monthly fee in exchange for 1 or 2 hours a week at cheaper prices are formulas that you could apply in your business. 

Complementary services

Another key to succeed is the offer of complementary services. Deloitte report confirms how 57% of amateur padel players consume a drink or soft drink after their training, so opening a cafeteria on the premises is almost mandatory.  Also, you could think of opening a small store where clothes, shoes, rackets and other accessories are sold that any padel player may need at any given time and that could generate an additional source of income for your business.

Are you interested in learning more about Open-view Padel Court FX-P02Q Project in France? Contact us today to secure an expert consultation!