Pinnacle has yet to find a community that couldn't use more sport and recreation facilities. That being said, not all of our market studies come back with a positive recommendation to move forward. Indoor sports facilities and outdoor sports facilities that are successful are the ones that are strategically located.
Local economics, over-saturation of the marketplace, existing price-points at local competitors, high land costs, and many other factors contribute to whether or not a for-profit facility can provide the return-on-investment needed to move forward. Pinnacle’s sports consultants do a thorough analysis, and may look at information such as a sports tourism assessment, sports facility needs analysis or municipal needs analysis, depending on your specific project.
For those studies which do come back with favorable recommendations, Pinnacle's sports consultants have extensive knowledge about developing and operating successful indoor sports facilities will provide an invaluable resource to those groups ready to jump into this business!
Pinnacle's market feasibility studies include, at a minimum:
- Comprehensive market research and statistical analysis
- Sports tourism assessment
- Sports facility needs analysis
- Municipal needs assessment
- Client interview to determine project scope and pertinent data
- Market assessment of locations, competition, etc.
- Identification of potential user groups and product mix
- Interviews with appropriate individuals and user groups to determine product mix and likelihood of success
- Identification of local price-points and programming opportunities
- Determination of feasibility based on clients need for return on investment
- Presentation of an executive summary and full narrative report with appropriate attachments
- 3-5 days in market
Don't invest millions of dollars in building an indoor sports facility or outdoor sports facility without first ensuring that your plans and project are based in fact and on solid market research. A market feasibility study with Pinnacle’s sports consultants will be the best investment you can make in pursuing your dream of owning your own sport facility. Remember: "Build it and they will come" only works in the movies!
SPORTS CENTER CONSULTING SERVICES & MARKET FEASIBILITY STUDIES
SPORTS TOURISM ASSESSMENT • SPORTS FACILITY NEEDS ANALYSIS • MUNICIPAL NEEDS ASSESSMENT • MARKET FEASIBILITY STUDY • INDOOR SPORTS FACILITY BUSINESS PLAN • EXPERT CONSULTING
For more information on how you can work with the nation's leading sports facility consultants, give us a call at 502-632-6799 or e-mail us at .