Ref. No - BFS00348
South Africa, Western CapeRef. No - BFS00348
Sector - Sales & Services
Summary
This is a start up.
Padel has evolved from a niche sport to one of the fastest growing racket sports worldwide.
Its popularity is booming in the European countries , with the USA and the Middle East following suit, with record growths of 181% per annum!!
This growth has created a unique window of opportunity for entrepreneurs, not only generating an income through hourly rentals of courts, but also opening the door to additional revenue streams such as memberships, tournaments, events, sponsorships, selling of gear relevant to padel
The entrepreneur seeking an investor for the development of padel courts in the Cape Town/Helderberg area, has concluded an agreement with a tennis club that is in existence for over 100 years- the club has agreed to make 2 tennis courts available to the entrepreneur to convert to 4 padel courts
This is a unique opportunity, as the tennis club already has sufficient parking, members who will join the padel club, a club house, and infrastructure
The entrepreneur has concluded a very favourable rental from the club ie R180,000 per annum for a 5 year period with an option for another 5 years
Give me more informationIs the business VAT Registered?
This business is a start up and hence not registered for VAT yet
A very conservative financial projection has been done ie
Income- working only on a 38% occupancy of the padel courts (the maximum occupancy can be 390 hours per month, but the income has been calculated on 150 hours per month, at a fee of R120/player/hour, the income is R288,000 per month- calculated at 16 players per hour
The occupancy is very conservative and will increase dramatically
The outlay for full completion of 4 padel courts is R4 million- this includes a turnkey outlay, excluding a roof over the 4 courts that can be added as a next phase
Expenses are calculated at R90,000 per month covering all the running costs
The income received will be split between the entrepreneur and the investor per agreement in order for the investor to earn an acceptable ROI
Selling price/Investment amount required
R4,2 million
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
Promote
your business for sale
Reach
the right audience
Gain
more exposure
More businesses you may like
More similar, inspiring businesses for sale
Commercial Refrigeration and HVAC Company
6,995,000
YNP - R 3,978,935
Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Buyers
Business Trends in South Africa for 2026: Opportunities for Entrepreneurs and Investors
Discover the key business trends shaping South Africa in 2026 and uncover opportunities for entrepre
Franchisor and Franchisee Relationship: A Breakdown
The relationship between a franchisor and a franchisee is probably one of the most important aspects
E-commerce Business for Sale: The Benefits
Whether you’re looking into buying an e-commerce business for sale because you’re passionate abo
Sellers
Business Trends in South Africa for 2026: Opportunities for Entrepreneurs and Investors
Discover the key business trends shaping South Africa in 2026 and uncover opportunities for entrepre
Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale
We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
Empowering Franchisors: A Refined Approach for Exponential Sales Growth