Padel V Tennis

Padel and tennis are two popular racket sports that are enjoyed by millions of people around the world and many entrepreneurs are now looking to capitalize on this trend by starting their own Padel businesses.
However, while both sports offer many opportunities, they also have distinct differences in terms of benefits, revenues, costs, and the number of players.

Benefits:

Padel is a newer sport compared to tennis, and as such, it is still in the process of gaining widespread recognition. This presents an opportunity for entrepreneurs to get in on the ground floor and establish themselves as key players in the Padel market. Padel is also a more accessible sport compared to tennis, as it requires less space and can be played on a smaller court. This means that Padel businesses can be set up in a wider range of locations, including urban areas, where tennis courts are less likely to be available.

Revenues:

Tennis has been a popular sport for many decades, and as such, the market is well established and competition is high.
On the other hand, the Padel market is still in its early stages of growth, and there is a great opportunity for entrepreneurs to establish themselves as key players and generate significant revenue. Padel businesses can generate revenue through court rentals, lessons, and equipment sales, as well as through hosting events and tournaments.

Costs:

Starting a tennis business can be costly due to the need for a large outdoor court. In addition, there are maintenance costs associated with keeping the court in good condition.
Starting a Padel business is less costly compared to a tennis business, as Padel can be played on a smaller court.

Amount of Players:

Tennis has a large and established player base, with millions of players worldwide. However, the growth in the number of tennis players has been slow in recent years.
Padel, on the other hand, is a rapidly growing sport, with the number of players increasing every year. This presents a great opportunity for entrepreneurs to tap into this growth and establish themselves as key players in the Padel market.
Moreover, Padel allows everybody to have fun, enjoy and join matches even without practicing too much: Padel is much easier and can be played by everybody (Seniors, Children, Male and Female, and even together in the same match).
Padel has a large target market and it can club owners are facilitated to have the courts booked during the whole day.

Number speaking, tennis and Padel have different ROI considering the price to play them:

Rent a Padel Court for 1h: 40€ - Average Padel occupancy: 8h/day - Daily revenues: 320€ - Padel court cost: 30’000€ - Breakeven to cover the court cost: 94days
Rent a tennis court for 1h: 20€ - Average tennis occupancy: 5h / day - Daily revenues: 100€ - Tennis court cost: 22’000€ - Breakeven to cover the court cost: 200days
Forecasted revenues for a padel court: 116’800€ (considering 365 days)
Forecasted revenues for a tennis court: 36’500€ (considering 365 days)