A recent article in Forbes hit the spotlight on the fact that youth sports is a $9 billion industry in the US. The popularity of sports has reached a new high among kids and young adults alike. This has led to many major and minor league sports teams to hunt for top-notch indoor sports facilities that offer space for training and league play.
So, if you are an investor there is no better way to generate steady income than building an indoor sports facility. Not only will you be providing a platform for healthy entertainment for your community but it can also increase overall property values in your area.
Many investors are often skeptical about building indoor sports facilities, as they are a huge investment and start-up costs are really high. But instead of going for traditional building techniques, it is recommended to opt for new materials that can save you a lot of time and money in the long run. Here are some tips that can help you come up with money saving ideas while building an indoor sports facility:
1- Go for a Prefabricated Steel Structure
An indoor sports facility has to withstand rough weather conditions throughout the year. This is why you should choose steel as the primary building material. It’s a cost-effective material, and that has minimal future maintenance. An indoor sports facility constructed out of metal will prove to be durable and versatile while being affordable and easy to maintain at the same time.
If you’re still doubtful about using steel as a material, take a look around. Many skating rinks, indoor theme parks, and family recreational centers have relied on steel for many years to reduce the initial investment. Needless to say, they are still running strong after years. After all who doesn’t want to save money while starting a new project. Take a look at how steel can help minimize your initial investment:
- There is no need for cutting to fit on the construction site
- Almost no waste material
- All materials are included in the prefabricated kit
- The structure is quick to erect
- Offers the highest levels of quality assurance and control
Indoor sports facilities built with steel have three major benefits. They prove to be versatile spaces and are durable and affordable. What could be better than a structure that can be constructed in a short period of time, has a long service life and can be changed whenever it’s needed. Steel structures will make your sports facility an attractive space for public entertainment that can generate revenue both for you and the surrounding businesses.
2- Look up Tension Fabrics
Another material that is great for the indoor sports complex is tension fabric. Tension fabric or tensile structures are created by stretching a translucent fabric cover over an aluminum frame or by using cables. The fabric is specially designed to be weather resistant and allows natural light to enter.
In short, it is the perfect material that gives the impression of training outdoors and also saves electricity. Tension fabric is weather resistant so your training sessions can be held all year round! They’re highly customizable and can be designed to meet specific needs of the building’s structure. There’s no reason why you shouldn’t opt for this efficient and cost-effective material for your indoor sports facility.
3- Use Every Inch of Space
Now that we’ve discussed building materials, it’s time to see how you can maximize your profits. Running a successful sports facility depends on strategic programming and repeat customers. You should keep an eye on usage reports. Think about ways in which you can get people to come in during the off-hours. Don’t let any facility sit empty.
Read more about KEVA sports center where they have youth programs for toddlers as young as 18 months and all the way up till 18-years. They offer a range of activities such as parent-toddler sessions, skill-building classes, birthday parties, summer camps, leagues and so much more. Any extra space is lent out to renters. Take inspiration from programs of other sports facilities and then develop yours.
Serve your Community
Sports facilities are fast becoming the most popular ventures for investors. Build a great space that attracts people of all age groups and is functional enough to host many activities. So, get started on your future as a successful entrepreneur by building an indoor sports facility in your neighborhood.