Last Updated on September 8, 2022
This list includes 15 lucrative sport business ideas to start in 2023. You can also check out these lucrative oil and gas business ideas, and agriculture businesses to start.
In a world where sport unites souls, many people come together in the spirit of sport; it’s amazing how a sport like a football can settle scores between men without anyone raising their fists.
Adding that sports are exercises that can heal the body then it’s all good.
If sport could be such a nourishing exercise then imagine how good it would be if you began a sport business; delivering sporting accessories or running a sports shop, it could meet so many customers, people would love it plus these days people of all age, gender and works of life engage in sport. It’s no longer men’s business, it’s our business now.
If you’re hoping to start a sport business in 2023 and you’re confused on which sport business to venture into, don’t think too hard, just scroll down, you might want to consider any of these ideas laid up for you.
Table of Contents
15 Lucrative Sport Business Ideas
1. Start a gym
This is a stunning idea. There are tons of gymnasiums, yet there’s no enough to accommodate the teeming number of sports aspirants, body builders and enthusiasts.
There’s a never a time when a gym is in need of people who wish to work out, just get yourself set up in a nice, strategic location, get few sport equipment or as much as you can afford and begin, and thank me later.
2. Start an online sport shop
You could be your own brand of Amazon or eBay or Jumia. Here you could upload photos of the accessories, apparels and some aesthetics you know sport lovers and hipsters would love. It’s a great way to make money online.
3. Sports Betting Business
This is one of the most popular sport business all over the world and the best part is, no matter how many is scattered round a vicinity, you’re sure to make cool cash out of this sport niche.
4. Sports footwear
Since lots of people love to work out and loads of athletes love to keep more than a pair of foot wears, you could carve a name for yourself. Be sure to include nice pair of warm shoes with flat sole since it’s what most athletes want these days for practice and general usage.
5. Sports Radio Podcast
If you’re the Trevor Noah kind of person, instead of talking politics, you could channel that energy into sport. I see how millions of sports podcast channels have metamorphosed into a global dream and it all began somewhere.
6. Sportswear retail shop
Lots of men, including women and young kids love to hang out in some warm sportswear, so you could grab some T-shirts, caps, jerseys, trousers etc for sale and set up a retailed sportswear shop, it’ll make massive profits.
7. Sport coaching
Sport coaches are in high demand now. Schools, new football club, community football club and the likes are constantly in need of oriented footballs coaches who understand and the tits and tats of the game. So, basically, football coaches, ice hockeys coaches, baseball, basketball, boxing, golf, tennis, soccer, and competitive diving coaches are in high demand in most of these developing countries, especially folks who have been in diaspora and who just want to bring home the feeling they got playing that game.
8. Swimming Costume
Some schools love to train their pupils to swim from elementary level, in doing so, they’ll be in demand for swimming suits and it could be your moment, plus if you know how to do some simple stitching, you could make money designing and selling your own swimming suit brand.
9. Tennis ball
Right from the 80s and 90s till now, Tennis Ball has and still is on of the most enjoyable sports in the entire world. Starting a tennis ball manufacturing company can happen with just a little capital investment in any location, rural or urban and you do not need to worry about polluting the environment.
10. Track Suit Making
How many people do you know that own a tracksuit? I know a dozen and it’s like they’re addicted to it, they get the latest collections as long as it’s a tracksuit. You could start by buying and reselling or you could just make it yourself. It’s that simple.
11. Basket Ball Academy
Basketball is one of those games that are ageless, I have a meshed up number of friends of both genders who would die for this sport and if you’re enthusiastic about basketball, then maybe you could start a basketball academy, you will be surprised at the turn-up.
12. Pool Hall or Billiards
Older men and most found men can never grow tired of sitting in the pool house plus the game never grows old. You can start it up anywhere, in a metro city or in a suburban neighborhood, folks love it especially because it’s relaxing.
13. Sport Club
We’ve heard of billionaires boys club but we’ve also heard of a sports club. You stand to make a ridiculous amount owning a sports club, lots of sports lovers wouldn’t mind hanging around, cracking jokes and laughing with others who fancy their football clubs or who love the sports they love. It’s a nice idea, you know?
14. Karate school
As a kid, I thought I was either going to enrol for a karate class or a shooting class, either ways, it’s still fun. Karate is one of those sports kids and young men are mowed into these days and you don’t want to lose an opportunity being the first to establish one in your neighborhood, would you?
15. Yoga studio
Personally, as a grown up, I love peace and quiet. Believe me, meditation, kind of, to most people beats talking to a therapist. If you are a yoga person, then I wonder what’s stopping you from sharing that energy, help people calm and meditate while also getting the wonderful packages that comes with meditating.
Sport business is one of the most lucrative businesses to venture into, it might not be easy but who said it’s going to be as bad as you think? You seize your moment, start now, grow big.