Writing a business plan for a padel-related project requires special attention to several essential points to ensure its effectiveness and realism. As padel is a rapidly growing sport, it is crucial to target the most important aspects to maximize your company's chances of success. Here are the five key points to check in your business plan if you are considering opening a padel club or a business related to this sport.

1. Market and competition analysis

First of all, it is essential to understand the local and regional padel market. This includes the market size, growth trends, and most importantly, the existing competition. Analyze the services offered by existing padel clubs: their rates, schedules, the quality and number of their courts, as well as the complementary services they offer (such as padel lessons, a specialized store, etc.). This analysis will help you identify a strategic positioning that will set you apart from the competition.

2. Marketing and sales strategy

Developing a solid marketing strategy is crucial to attracting and retaining customers. Determine how you will communicate about your padel club: what will your advertising campaigns be, what promotions will you offer to attract the first customers, and what digital strategies will you use (social networks, SEO, email marketing, etc.)? Also think about partnerships with schools, local businesses or sports associations to increase your visibility and attractiveness.

1. Target identification

Define precisely who your potential customers are. Padel often attracts players of all ages, including families, young professionals and active seniors. Segment your market into specific groups to tailor your messages and offers.

2. Brand positioning

Position your club as a friendly, accessible and community space, or as a premium venue for serious and competitive players. Your positioning will determine the tone of your communication and the atmosphere of your club.

3. Promotion strategies

  • Introductory offers: Offer discounts, free trials, or special plans for new members.
  • Events in Trouville-sur-Mer: Organize open tournaments, open days, and demonstrations to attract visitors and convert them into members.
  • Referral programs: Encourage your current members to bring friends in exchange for discounts or exclusive benefits.

4. Digital marketing

  • Website and SEO: Create an attractive website that clearly presents offers, schedules, and allows online booking. Optimize your site for search engines to capture people searching for padel clubs in your area.
  • Social media: Use Instagram, Facebook, and even TikTok to share images and videos from your club, promote events, and interact with the local community.
  • Email marketing: Develop a newsletter to keep your members informed of events and special offers.

5. Local partnerships

Collaborate with schools, businesses and other sports clubs to offer special rates and increase your visibility.

3. Detailed financial plans

A business plan without a robust financial model is incomplete. You should include detailed financial forecasts with revenue projections, fixed and variable cost estimates, and a clear financing plan. How will you finance your project (personal contributions, bank loans, investors)? What are the cash flow forecasts? When do you plan to break even? These elements are essential to convince investors or financial institutions of the viability of your project.

1. Initial investments

Determine the costs associated with developing land, purchasing equipment, and renovating facilities if necessary. Include startup costs such as licensing, insurance, and initial marketing costs.

2. Revenue Forecast

Estimate your revenue based on different scenarios of membership rates and court attendance. Consider additional revenues such as padel lessons, in-store sales (racquets, clothing, etc.), and catering.

3. Pricing model

Define your price list for memberships, hourly court rentals, individual and group lessons. Analyze the competition to ensure your prices are competitive but also profitable.

4. Expenditure forecasts

List all anticipated expenses, including salaries, court maintenance, electricity, ongoing marketing and other operational costs.

5. Break even

Calculate when and at what level of revenue your business will cover all its expenses. This will help you plan financially and set realistic sales goals.

6. Financial plan

Identify your sources of financing, whether through loans, investors, or grants. Prepare a repayment plan if applicable.

By combining a well-targeted marketing strategy with a solid financial plan, you will significantly increase the chances of success of your padel club. Be sure to review these plans regularly to adjust strategies based on performance and market feedback.

4. Infrastructure and equipment

For a padel club, infrastructure is a central element. You must plan the number and type of padel courts (indoor, outdoor), the quality of the surface, lighting, and other facilities such as changing rooms, a catering or relaxation area, and parking. Make sure that the infrastructure not only meets the needs of the players but also complies with local standards and regulations.

5. Operations and maintenance management

Daily management and maintenance of the facilities are crucial to ensure customer satisfaction and equipment longevity. Clearly define who will be responsible for the daily management of the club, how you will manage reservations, the necessary staff (receptionists, coaches, maintenance staff), and how you will keep the facilities in good condition. The quality of customer service is also a determining factor in the success of a padel club.

In conclusion, a business plan for a project in padel must be carefully prepared and revised. These five points will help you cover the essential aspects to launch and effectively manage your business in the world of padel.

Franck Binisti

Franck Binisti discovered padel at the Club des Pyramides in 2009 in the Paris region. Since then, padel has been part of his life. You often see him touring France to cover major French padel events.