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.
If you are referring to Bay Area, I am sure that is Bintang.
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?
Hey! Quit knocking Mitchell Island! Mitchell Island has its advantages, for one, its the exact centre of the lower mainland and easily accessible. Its literally within a stone's throw of Vancouver, where in Vancouver you going to find a brand new building to build a badminton centre with as much parking as BV has and 33' ceilings. Let me tell you....nowhere. I'm happy with the location of BV, besides the point, Vancouver has a lot of zoning bylaws which you need to take into account as opposed to just land value.