Proposing a Similar business plan , feasible with an open land as sugested by ED.
Currently in Chennai and even in other cities, Badminton is becoming what cricket used to be in last decade.
Have literally seen a few shuttle courts being built and becoming profitable.
Model - We need an open land either brought or on lease for a long period of time
Readymade Industrial /Shuttle ground made of steel is available and many parties are there for this erection
Purchasing Synthetic sheet and other shuttle ground essentials like lighting,Net
Other items like seating, Fan , beverages can be setup.
Based on the land the cost of the business can be arrived at.
Costing to Build Court
Building a Shuttle Court (Good Quality one)
Assuming a 2 badminton court playground
Structure and industiral roofing | | 20 Lakhs
Matting | 7 Lakhs
Lighting | 1 Lakh
Equipments | 1 Lakh
Other accessories | 2 Lakh
Total | 30 Lakh
Land cost will also add up to the capital expenditure
A good court with all facilities has a good turnout of normal players and also kids in the evening.
Average monthly income ( based on my analysis in couple of grounds i play)
Shuttle Court Monthly Income & Expenditure
Assuming a 2 badminton court playground
Income
Expenditure
Gross Income
Regular Batches of people playing (8 per court in an Hour for 8 hours / 6 days a week)
1 Lakh
Womens batch during afternoon hours
15k
Kids batch in the afternoon
1 lakh
Coach to Train kids
30k
Shuttle and other kits for kids
20k
Current bill
30k
Court keeper for maintenance and help for cleaning
15k
Sunday court on demand to corporates and students
25k
Monthly tournaments (For income and also to promote court)
20k
Monthly Preview
2.75 Lakh
70k
2 lakh
Most of the courts make 2 lakh every month and this can increase based on demand and the prime area we are building the court. Chennai its booming we can plan in Tier 2 cities (Madurai,CBE, Trichy )
Additional Engagement:
If there are more space then the management have other activities for kids like Yoga,Chess and other games classes creating brand for all these.
Note - There are aggregation services to book courts and play shuttle already.
Proposing a Similar business plan , feasible with an open land as sugested by ED.
Currently in Chennai and even in other cities, Badminton is becoming what cricket used to be in last decade. Have literally seen a few shuttle courts being built and becoming profitable.
Model - We need an open land either brought or on lease for a long period of time
Readymade Industrial /Shuttle ground made of steel is available and many parties are there for this erection Purchasing Synthetic sheet and other shuttle ground essentials like lighting,Net Other items like seating, Fan , beverages can be setup.
Based on the land the cost of the business can be arrived at.
Costing to Build Court
Building a Shuttle Court (Good Quality one)
Assuming a 2 badminton court playground Structure and industiral roofing | | 20 Lakhs Matting | 7 Lakhs Lighting | 1 Lakh Equipments | 1 Lakh Other accessories | 2 Lakh Total | 30 Lakh
Land cost will also add up to the capital expenditure
A good court with all facilities has a good turnout of normal players and also kids in the evening.
Average monthly income ( based on my analysis in couple of grounds i play)
Most of the courts make 2 lakh every month and this can increase based on demand and the prime area we are building the court. Chennai its booming we can plan in Tier 2 cities (Madurai,CBE, Trichy )
Additional Engagement:
Note - There are aggregation services to book courts and play shuttle already.