Fully describe the business's activities?
This is an indoor padel court. The business is renting out the court to players
How long has the business been established?
Since 2023
How long has the owner had the business?
Since inception
How does the business operate on a daily basis?
Players book a court online, then attend and take part in a fast-paced paddle game
How are the clients attracted to the business?
Social media and Playtomic app
What Advertising/Marketing is carried out?
Online marketing
Does the business have any contract work?
No
What competition exists?
There are other courts in the area, but this business has indoors courts that can be utilised all year round
What are the seasonal trends?
Winter is less busy, but bussier than outdoor courts due to cold. Summer rainfall tends to hamper the outdoor courts but the infoor courts stay busy
Is the business VAT Registered?
In the process of getting registered, application is with SARS
Are there up-to-date Management Accounts available?
Yes
What percentage of the business is cash/credit?
All the revenue is cash, paid for when a booking is made. Either by Playtomic or cash payments at point of sale
What is the age analysis of the debtors book?
Not Applicable
How could the profitability of the business be improved?
Arranging more corporate functions, children's parties, arrange inter club tournaments etc.
Is Seller finance available and for what amount?
Not available
What is the total staff complement?
5 staff
Give a breakdown of staff/ functions/ length of service?
Cleaners
Shift workers
Do any receive special perks or incentives?
No
Are they on contract?
Yes
Do any have management potential?
Yes, there are
How involved is the Owner in running the business?
Very little operational involvement on a day to day basis other than ordering and cash handling
When does the current lease end?
in 2032
Is there an option of renewal & what period?
Yes
What is the annual escalation %?
8%
What are the trading hours?
Monday to Saturday 6am to 10pm
Sunday 6am to 9pm
What is the square meters of the business?
750 SQM
Is a copy of the lease available?
Yes
Do you require a licence?
No licences required
What are the main assets of the business?
The padel courts and infrastructure
How have they been valued ?
Cost to build
Which assets are on lease/HP and with whom?
Nothing is on HP
Are they presently insured?
Yes
Strengths?
Established Brand: Recognized name in sports community with a loyal customer base.
Prime Location: High visibility and accessibility, attracting consistent foot traffic.
Modern Facilities: Well-maintained padel courts, spectator zones, and amenities.
Diverse Revenue Streams: Court hire, coaching, tournaments and merchandise
Community Engagement: Active social media presence and regular events foster strong local ties.
Weaknesses?
Niche Market: Padel is still emerging in South Africa, requiring ongoing education and promotion.
Duration: Fairly new, only been around for 2 years
Opportunities?
Market Growth: Padel is one of the fastest-growing sports globally
Franchise Potential: Expand into other regions or develop a branded padel network.
Corporate Partnerships: Team-building packages and sponsorships with local businesses.
Youth Development: Launch junior leagues, school partnerships, and coaching academies.
Threats?
Competitive Sports Landscape: Other recreational options may compete for attention and spend.
Economic Sensitivity: Discretionary spending on leisure can fluctuate with economic conditions.
What is the reason for the sale?
Owners focusing on other businesses
Why is this a good business?
Great lifestyle business with endless opportunities and ideal for a passionate padel player looking for their own profitable business
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Annual Turnover Amount between R 500 thousand and R 6 million