If you are passionate about sports and looking to business ideas related to the sport then this article is for you. Actually the sports industry is huge to cover up and there is plenty of sports-related businesses that an entrepreneur can start. In this article, you will see the most popular sports business ideas that generate the highest possible revenue.
As per Forbes reports in 2014 the sports industry in North America was $60.5 billion and by the end of 2019, it is expected to reach $73.5 billion. Here are 25 sports-related business ideas for you to choose your dream business idea.
1. Organizing Sports Events
You can start organizing sports-related events like chess tournaments, cycling, wrestling matches, polo matches, and rugby matches, etc on a small scale. Initially, you can start with your local level and then you can consider expanding it further.
2. Sports Wear
Sportswear is one of the best small yet high profitable sports business ideas on the list. In this field, you can open a small store dedicated to sportswear items or you can even start transporting sportswear items to other stores. The initial cost of this type of business is quite low and profit is high depending on the scale of your business.
3. Baseball Batting Cage
Yet another interesting sports-related business idea is manufacturing Baseball Batting Cages. This is another fastest growing sports business in which a young entrepreneur can start with a medium to high capital investment.
4. Sports Coaching Academy
Coaching is the best business among all. If you have knowledge and expertise in Football, Cricket, Golf or any other sport you can become a professional coach and earn a whopping amount of money.
5. Boxing Center
Boxing is growing very quickly not as a sport but as an exercise. Starting a small boxing center in your city can be a great business model. Boxing and karate are getting popular rapidly thus starting boxing or mix karate centers is a highly profitable business idea.
6. Sport Product Distributions
Distribution or transportation of sports equipment and items such as Footwear, Goalpost, Balls, Nets, Sticks, Bats, etc to the wholesale market or shops is the business model. Initially, you can start this business in your city where you live and understand the market properly and then expand to the next level.
7. Manufacturing Sport Items
Basically, producing sports items like; Football helmet, Jockstrap, Mouthguards, Shin pads, Ski suits, Elbow pads. Shoulder pads Bicycle helmet etc is the main idea. You can start manufacturing one or more than one sports item as per your budget and consumption.
8. Health & Fitness Center
A health & fitness center has a very high demand in the industry. It’s a place where most athletes, sportsperson or even a bodybuilder come to regulate or maintain their fitness. It can generate quite high revenue if properly marketed and advertised.
9. Nutritional Supplements distribution
If you have strong knowledge and a degree in the nutrition field you can easily start this business. Basically, you need to supply nutritional supplements to the gyms, fitness centers, and other supplement stores.
10. Sport Shop
This is another sports-related business that you can start. No matter where you live, there are always a couple of people who are engaged in one sporting event or other. If you start a sports shop in your locality you will definitely attract many customers as long as you deal with their interest.
11. Pitch Maintenance Services
Pitches of Football, Cricket, Golf, and other related sports spend a huge amount of money on their maintenance. If you are interested in that area, you can consider starting your own pitch construction and maintenance business. Later you can tie up with big companies to expand your business.
12. Swimming School
You can start swimming classes in your city. Swimming school-is a highly profitable sport-related business opportunity that you can start. Apart from sports, there are many other people who do it for health benefits as well as for fun. If you possess expertise in swimming then you should consider starting your own swimming institute.
13. Sports Ticket Sales
You can start a sport ticket-selling business that mainly includes selling tickets for live matches of various sports. People often purchase sports tickets to watch live matches. This type of business doesn’t require high capital investment. Also, your earnings solely depend on the number of tickets you sell.
14. Sport Counseling Services
Sports counseling service is another interesting sports-related business that you can start. You can offer sports consulting services to sportsmen, sports clubs and individuals. But this business is not for everyone. Only if you have a strong knowledge of sports and willing to share then you should consider this.
15. Sport Photography Businesses
If you are good at taking pictures you can make huge income selling quality sports pictures. No double, there are many people who are making the whooping amount of money just by covering some sports events. Taking pictures of the sports that you visit is exciting as well as gives a handsome income too.
16. Sports Video Making Businesses
Another sports-related business idea that you can successfully start is the production of sports videos. It’s an interesting and cool way of making money. As you know the advertisement plays a big role in marketing thus big sports companies are willing to pay a whopping amount of money for the quality production of sports videos for advertisement.
17. Sports Biography Writing Services
Writing biographies of famous sports celebrities is the base idea. If you are good at writing and able to successfully write and publish a biography of any celebrity then you will get recognization very quickly as an author.
18. Sales of Sport Toys
Selling sports toys is another highly profitable sports-related business idea. Selling toys that represent their favorite sports personality like Sachin Tendulkar, Usain Bolt, Christiano Ronaldo, Lionel Messi and other. This will definitely increase the sales of your toys.
19. Sports Souvenir Business
Selling souvenirs is another great sports-related business idea with high profit. A person who watches live sports would love to go home with a souvenir as a memory. A souvenir could be a jersey, t-shirt, bag, mugs or even a ball with the club logo on it.
20. Promoting Services
Promotion service is another sport-related business that you can start. Initially, you can start promoting your local community sports. You can use digital media platforms such as Facebook, local TV reporters local poster advertisements, etc to promote the sport to attract maximum fans.
21. Chess Training Academy
Giving training to the young and smartest brain for chess competition is a highly profitable business model. You can start this business from a small room and expand it to other states gradually.
22. Start a Sports Blog
If you are a passionate sports lover then you should consider starting a blog related to sports. You can write articles about different sports and once you get enough visitors to your blog you can easily monetize it with Google AdSense and start earning money
23. Sports T-shirt Printing
Printing t-shirts of famous sports celebrities and marketing them is the main idea. Sports-related t-shirt printing is another small yet profitable business idea that you can start with a low capital budget. Fans would love to purchase t-shirts from their favorite sports personalities.
24. Ball Manufacturing
Manufacturing balls for spots like Footballs, tennis balls, basketballs, volleyballs, hockey balls, and cricket balls, etc. This type of sports production business has a huge demand throughout the year.
25. Sports Cartoons
Production of sports cartoon is yet another profitable sports-related business ideas that you can start. You can produce these cartoons by yourself if have knowledge and expertise in the animation field otherwise you can hire a couple of animation experts for the job. The base idea is to include the famous sports personalities in your cartoon to increase sales.
So, that was the list of top 25 sports-related business ideas for entrepreneurs. Apart from this, I’m also listing a few more interesting business idea articles for you.