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is this a viable business: two badminton courts, but in a city center.

Discussion in 'General Forum' started by thumpsky, Nov 11, 2012.

  1. thumpsky

    thumpsky Regular Member

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    will this pay for itself?
     
  2. visor

    visor Regular Member

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    As long as you have proper lighting, flooring, height, temperature, and finally price, you shouldn't have a problem.
     
  3. amleto

    amleto Regular Member

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    Another thumpsky business question that fills you with confidence in his business acumen.
     
  4. Cheung

    Cheung Moderator

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    So where is the business plan? :)
     
  5. craigandy

    craigandy Regular Member

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    a = court cost per hour
    b = amount of time courts booked monthly (forecast- probably average 5h per day *2 courts=10hrs per day)
    c = monthly rent & rates
    d = monthly staffing cost

    If: a*c=c+d then yes!
     
  6. blableblibloblu

    blableblibloblu Regular Member

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    pretty sure you messed that one up
     
  7. urameatball

    urameatball Regular Member

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    2 courts is extremely inefficient, so unless you're charging an obscene hourly rate, consider yourself proper Fkkkd.

    hiring clerk for $15/hr to run 2 courts = costs $7.50/hr for each court
    hiring clerk for $20/hr to run 8 courts = costs $2.50/hr for each court (save 67%)

    300sq.ft change rooms & washrooms for 2 courts = 8% of gym that doesn't generate revenue
    500sq.ft. change rooms & washrooms for 8 courts = 3% of gym that doesn't generate revenue

    I can write a 100 page essay detailing why a 2 court club will fail miserably. But since I'm lazy, I suggest you open one up and find out for yourself.
     
  8. blableblibloblu

    blableblibloblu Regular Member

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    That made my day
     
  9. craigandy

    craigandy Regular Member

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    Pretty sure i didn't. The essence is for your revenue to at least cover your cost, what's messed up about that.
     
  10. blableblibloblu

    blableblibloblu Regular Member

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    first of all, you put c instead of b

    you also asked him to aim for 0 profit (because of the =)

    not to mention the formula you're suggesting is way oversimplified aka useless
     
    #10 blableblibloblu, Nov 12, 2012
    Last edited: Nov 12, 2012
  11. craigandy

    craigandy Regular Member

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    Ha Ha, the answer was fitting of the crazily fluffy question, and he asked will it pay for itself not will it turn a profit but yes should have been b. What else can you tell him from the information he gave(none). For all we know in his city folk pay $50ph for a court, play 24 hours a day and you can buy a warehouse for $10. Then a one court hall would be viable ffs.
     
  12. Staiger1

    Staiger1 Regular Member

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    My advice is , dont even bother ! It is not sustainable, Just calculate the overhead cost for yourself , is not rocket -science , must be one of the craziest idea on here ever (thats why I have to reply) !!!!
     
  13. Staiger1

    Staiger1 Regular Member

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    I sense some sarcasm there , LOL , This thumpsky lad definitely got the business acumen requires to run our banks , i.e. RBS :) ,
     
  14. Cheung

    Cheung Moderator

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    I assume these are Canadian prices. Perhaps the OP will share human reaources cost by joining with a health club or gym.
     
  15. extremenanopowe

    extremenanopowe Regular Member

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    more of a hobby for the rich.

    like me coaching is passion. ;)
     
  16. CanucksDynasty

    CanucksDynasty Regular Member

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    Vancouver land prices are $$$$$$$$$$$$$$ crazy. Renting of a warehouse will be skyhigh. Not to mention that you need to get a business permit and other zoning issues. Unless the 2 courts are occupied 24/7 and charged at obscene rates...this is doomed for failure.

    Here's a tip...

    IF Badminton Vancouver couldn't open actually in Vancouver (it's on Mitchell Island)...what makes you think you can open a viable badminton business in Vancouver?
     
  17. divinefavor

    divinefavor Regular Member

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    i could be wrong, but i've read that someone from local started his badminton gym business with 3 courts. now he owns the 5 big badminton facilities around the region. so if you can afford to fail, then why not give it a try.
     
  18. Cheung

    Cheung Moderator

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    If you are referring to Bay Area, I am sure that is Bintang.:)
     
  19. thumpsky

    thumpsky Regular Member

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    http://i.imgur.com/U9tBu.gif
     
  20. amleto

    amleto Regular Member

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