Padel court

84000

Product description

Implementation and establishment of a paddle court, feasibility study for establishing a paddle court, the following clarifications for those interested in working on this project with an approximate cost for the project and the approximate income for the project: land rent amounting to 300,000 Saudi Riyals per year, initially needs 150,000 Riyals for six months' rent. Preparing the general site, reception offices – gate – air-conditioned audience rooms – outdoor tables – toilets ... etc. (100,000 Riyals). Installing 4 paddle courts with cleaning slab, average 79,000 Riyals per court, total 316,000 Riyals. Initial courts and balls, average 10,000 Riyals. Simple advertisements, average 10,000 Riyals. Simple advertisements for the neighborhood or city or governorate advertiser. Rental begins by the hour, and trust in God. The approximate cost for the paddle courts project or the amounts needed to start working: talking now about starting with 4 courts and their cost, and each person according to their capabilities can make 4, 6, or 8 courts. Land rent amounting to 300,000 Riyals per year, initially needs 150,000 Riyals for six months' rent. Preparing the general site, reception offices – gate – air-conditioned audience rooms – outdoor tables – toilets ... etc. (100,000 Riyals). Installing 4 paddle courts with cleaning slab, average 79,000 Riyals per court, total 316,000 Riyals. Initial courts and balls, average 10,000 Riyals. Simple advertisements, average 10,000 Riyals. The total cost of the project for 4 ready paddle courts to start renting, detailed calculation: 150,000 Riyals for six months' land rent. 100,000 Riyals for preparing the general site, reception offices – gate – air-conditioned audience rooms – tables ... etc. 316,000 Riyals for the courts with installation and cleaning slab under each court. 10,000 Riyals for initial courts and balls. 10,000 Riyals for social media and neighborhood advertiser ads. Total 586,000 Riyals for 4 paddle courts ready to work. Monthly or annual income of the paddle courts project: hourly rent average 180 Riyals per court. Expected daily rent per court for about 5 hours, an average during holidays and study periods, and with God's help, expected to reach 8 hours because the working hours start from 4 PM to 2 AM, averaging 10 hours of work per day. Expenses are calculated for each hour, requiring half a carton of water, with VAT included, and direct and indirect expenses. Monthly income of the project: daily revenue for 4 courts and their expenses: 180 Riyals per hour times 5 hours daily times 4 courts = 3,600 Riyals. Expected daily income 3,600 Riyals times 30 days (a month) = 108,000 Riyals. Monthly expenses: 3,500 Riyals for reception staff who interact daily with social media accounts. 5,000 Riyals for wages, insurance, and accommodation for 2 workers, with allowances for accommodation and insurance, estimated at 1,500 Riyals each. 1,500 Riyals for water bottles provided at the courts. 16,200 Riyals VAT deducted from the rent of the hours from the total 108,000 Riyals at 15%. 1,500 Riyals for electricity monthly for lighting and floodlights. 600 Riyals for water tanks at the site. 700 Riyals for balls and bats each month, depending on the rented hours. Total expenses: 29,000 Riyals. Final reconciliation between annual income and annual expenses: 108,000 Riyals monthly income times 12 months = 1,296,000 Riyals. 29,000 Riyals monthly expenses times 12 months = 348,000 Riyals. Monthly profit: 108,000 Riyals – 29,000 Riyals = 79,000 Riyals. Annual profit: 1,296,000 Riyals – 348,000 Riyals = 948,000 Riyals. For inquiries and contact: 0555584064. Click to request consultation.

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