Business Idea: Start A Sporting Goods Store in 2024
Experts estimate that consumer preference for the latest techniques in sports equipment and fitness gadgets will increase rapidly over the coming years. If you intend to start a sporting good and equipment store, research the market and identify target customers. You can focus on sporting equipment or include sports clothing in your business. You need to make sure you offer a wide range of sports products and ensure the pricing is fair.
Revenue & Profitability
How much do sporting goods stores make?
- On average, successful sporting goods stores report $3.21M/year in revenue.
- 100% of sporting goods stores report being profitable.
Startup Costs
How much does it cost to start a sporting goods store?
- It can cost as low as $100 to start a sporting goods store.
- It can cost as high as $50,000 to start a sporting goods store.
Learn more about the costs of a sporting goods store.
Examples Of Successful Sporting Goods Stores
Successful sporting goods store businesses and case studies
Infinite Discs is the largest direct-to-consumer disc golf retailer in the world, generating $12m annually by starting as a side project and adapting to become the most user-friendly website with unique disc artwork, as well as creating their own products and expanding to wholesale, all while dealing with the challenges of managing growth.
Grip Spritz, a traction product for basketball and volleyball shoes, was founded by a golfer, lawyer, and recent graduate-turned-tour-manager, and after years of hard work and grassroots marketing, the company has seen explosive growth, quadrupling its success in 2022 by expanding into Amazon and sports magazines and partnering with nationwide basketball camps.
See full list of successful sporting goods stores.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
