Sporting Goods Franchises

Sporting goods businesses contain equipment that is needed by sportsmen and women including basketballs, hockey pucks, ice skates, baseball bats, footballs, hockey sticks, and golf clubs among others. Additionally, a retail business of sporting goods also offers sports training equipment and sports outdoor supplies among other stuff. To sell these sporting items to the local community, an entrepreneur may work in a physical store or set up a store online. The latter mode of operation involves fewer risks as compared to the former. For various reasons, the number of sports participants has been rising year after year and this trend is not about to change. This fact can be supported by a report produced by the Bureau of Labor for the years 2003 to 2005. The statistics in this report showed that the average daily participation rate in exercises and sports increased by 3.6%. This figure was expected to rise by the year 2015 as more men and women were expected to engage themselves in various games. On an average day, the number of men who participated in sports increased by 4.9% while that of women increased by 2.3%. One of the major factors that you must consider when starting a sporting goods store is the location. According to research, individuals residing in western states are more likely to engage in exercises and sports daily than people living in other parts of the U.S. However, there exist some exceptions to this observation. Since the year 2013 to the year 2018, the sporting goods stores industry has witnessed massive growth. This can be attributed to the strong demands of health-conscious people. To be specific, the wellness sporting niche which includes yoga, pilates, CrossFit and tai chi has continued to stimulate demand in this industry as people are busy buying footwear, related sporting items, and apparel. As more people are expected to participate in sports and exercises, the demand for athletic footwear, apparel, and other sporting goods is expected to continue rising. Here are some important points of information to research before you decide on which Sporting Goods Franchises is best for your situation. 1. Check out all the other franchise locations and other types of Sporting Goods Franchises market competition in your area. 2. Research each Sporting Goods Franchises and list the services they offer and specialize in to determine the best fit for you. 3. Review each Sporting Goods Franchises and make a chart that includes franchise fees, startup cost, cash investment, etc. 4. Call and talk with current franchise owners and get their opinion on the pros and cons of the different franchise options. At Franchise Clique, we are proud to present a variety of Sporting Goods Franchises opportunities in our listings. Find your next investment today!