Are you looking for profitable sports business ideas? And you have a small capital to invest? Here in this article, we put a list of the most lucrative and popular sports business opportunities.
Sports is a big industry nowadays. A lot of sponsorship and money has come into most sports activities. Favorable socioeconomic dynamics and a growing middle class with disposable incomes have generated a huge demand for live entertainment content, leading to the emergence of new sports leagues. These all create several small business opportunities for entrepreneurs.
25 Lucrative Sports Business Ideas & Opportunities
Following is a list of profitable sports businesses that can be started on a small scale with less money.
#1. Batting Gloves
Batting gloves are an essential item for cricket players. It is safety wear. You can start the batting gloves manufacturing with a small startup capital investment. The manufacturing of the batting gloves is the same as other industrial gloves. However, in batting gloves, you will need to use high-quality raw materials.
#2. Hockey Sticks
The major raw materials for hockey sticks are mulberry wood and cane. In India, the product has a good export potential also. However, in manufacturing hockey sticks, you must use high-quality raw material and upgraded machinery.
#3. Saddlery & Harness
These are essential items in horse riding. Saddlery and Harness are made out of vegetable-tanned leathers. These are used as the top part of the horse backbone seat, which gives comfort in horse riding. The Saddlery is flexible and possesses a high degree of tensile strength. That is why it lasts for a long period of time.
#3. Shuttle Cock Manufacturing
The shuttlecock is an essential item in badminton. And the demand for this item is increasing rapidly. You can start the shuttlecock manufacturing business on a small, medium, and large-scale basis. Even if you have space, you can start at home. However, like any sports goods, the business demands strategic planning and proper marketing.
#4. Sports Socks
Socks are also important items in the sportswear industry. However, these socks come in a variety of designs, patterns, and quality. The knitted socks making process is simple. Additionally, the business doesn’t demand a lot of space for operation.
Learn More: How to Start Socks Making Manufacturing Business
#5. Sports Footwear
Among the shoes, the most popular one is warm-up shoes having a flat sole. The players use these shoes for general and practice purposes. However, the manufacturing process of sports shoes is different as compared to other types of general-purpose footwear.
Read: Top 10 Footwear Brands
#6. Sports T-shirt
This is also an important item in the sportswear industry. However, you can start this business on a medium and large-scale basis. Generally, the t-shirts come in different styles and patterns for different games. Also, you will need the main good quality thread for good quality t-shirts.
#7. Swimming Costume
The demand for swimming suits in developed countries and developing countries is increasing. And the manufacturing process of swimming suits is very simple. Additionally, you can manage this business with a little knowledge of cutting and stitching. The raw material and the machinery required for this industry are available indigenously.
#8. Tennis Ball
Tennis is an internationally popular game. And the game is hugely popular in our country also. You can start a tennis ball manufacturing with a comparatively small capital investment. This industry is a non-polluting and labor-intensive industry. However, you can start this business both in rural or urban areas.
#9. Track Suit
The tracksuit is the dress for sportsmen and sportswomen for track and field. Generally, the knitted tracksuits come with a combination of cotton and nylon. The industry is very promising and lucrative for entrepreneurs. However, you must concentrate on building the brands.
#10. Badminton & Tennis Academy
This business demands a lot of space for operation. Because you will need to provide the court for these games. However, the demand for these sports is increasing in India. And the parents always look for a good academy for their children.
#11. Basket Ball Academy
Basketball also a popular sport in India. However, a small indoor space is enough to start this business. And definitely, you must provide good coaching to the players. If you are a passionate basketball player, then this is the perfect business for you.
#12. Billiards or Pool Hall
Though this game is not originated from India, this is very popular in the upmarket society. The game is very relaxing. And often people enjoy this game in the evening after a hectic day.
The business is perfect for metro cities and suburban also. In addition, the business demands comparatively small capital investment. The major revenue earning option is membership fees. However, you can also take fees on an hourly basis.
#13. Karate School
Karate comes with the martial arts. And karate is very popular in our country. Karate also helps in self-defense. The popularity of karate among the kids is growing rapidly in the urban and small towns. However, before starting the business analyze the local market demand carefully.
#14. Sports Shop
A sports shop is a very lucrative business in the sports retail industry. And according to your investment capacity, you can open the shop. Additionally, you can open either an online or a brick and mortar store also. However, if you are starting an online sports shop, it is advisable to concentrate on a niche segment.
#15. Yoga Studio
Yoga Studio business in India is considered a profitable and lucrative retail venture opportunity in the health and wellness industry. Traditional medicinal and health practices like Ayurveda and yoga have propounded the concept of mental and bodily wellness.
#16. Sports Coaching
The demand for sports coaching for a wide range of items is growing very fast. Generally, ice hockey, football, baseball, basketball, boxing, golf, tennis, soccer, or competitive diving have high demand in both developed and developing countries.
#17. Sportswear Retail Store
Sportswear includes a wide variety of items. The list includes t-shirts, caps, jerseys, trousers, etc. This type of business demands substantial capital investment and strategic planning. Additionally, you must conduct market research before starting a sportswear retail store.
#18. Swimming School
If you enjoy swimming, you can consider starting this business. Generally, a swimming school provides training for people who want to learn swimming. Additionally, regular swimmers join the swimming pool for daily basis practice.
#19. Cricket Academy
Cricket is probably the most popular sport in this part of the world. If you have experience in playing cricket or related to any activity related to cricket, consider starting a cricket academy.
#20. Start a Sports Blog
If you are a sports enthusiast and enjoy sharing your opinions about it, start a sports blog.
#21. Open a Gym
In today’s world gym or a fitness center is a much profitable business. If you have a retail space in a city or town, consider opening a gym. People having less money to invest, can think of becoming a fitness center and provide training in the customer’s location.
#22. Create a Gaming App
The business of gaming app is growing at a huge pace. Individuals having the necessary coding knowledge, sports gaming app can bring in big profits.
#23. Open a Sports Club
People in cities and big towns prefer to relax and pass time in sports clubs nowadays. If you have the required financial resources, running a sports club can be hugely profitable.
#24. Become a Sports Photographer
The demand for professional sports photographers is on the rise. People having a sense of photography can consider a career as a sports photographer.
#25. Open a Restaurant based on Sports Theme
Theme-based restaurants are in good demand nowadays. Why not start a sports-theme based restaurant if you have a good retail space. Sports living people, if provided with proper ambiance will surely love to visit and spend time in this kind of restaurant.
The sports business industry is highly promising and offers a lot of small business opportunities for entrepreneurs. We hope, this list of sports business ideas will help you in making an informed decision in starting your sports venture.
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Editorial Staff at NextWhatBusiness is a team of Business Consultants having years of experience in small and medium scale businesses.