Sports Center

Study request

The project of the sports center is a facility equipped with the latest exercise equipment and technology to empower individuals to improve their physical fitness and achieve their fitness goals in a way to be active and healthy. The center provides a wide range of services, including weight training and equipment, and sportswear. It also provides yoga, Zumba, and Pilates classes, as well as nutritional planning and sports consulting services.

Capital

rate of return

Recovery period Third year

Description of the Sports Center

Description of the Sports Center

The project of the sports center is a facility equipped with the latest exercise equipment and technology to empower individuals to improve their physical fitness and achieve their fitness goals in a way to be active and healthy. The center provides a wide range of services, including weight training and equipment, and sportswear. It also provides yoga, Zumba, and Pilates classes, as well as nutritional planning and sports consulting services.

Mashroo3k for Economic Consulting is pleased to provide comprehensive feasibility studies based on a vast database covering all the Middle East markets. Our company provides precise analyses explaining the competitors and their strategies, strengths, weaknesses, and potential opportunities and threats. Our company has a professional, experienced, and efficient consulting team who help our clients to make their informed and right decisions.

<strong>Sports Center Services</strong>

<strong>Sports Center Services</strong>

  • Fitness equipment.
  • Yoga, Zumba, and Pilates classes.
  • Private training.
  • Steam bath and sauna.
  • Massage and physical therapy.
Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 11 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
    Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
  • The company’s geographic reach spans 35 countries across all continents.
  • Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
  • Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
  • Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
  • With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.
  • Project Features
  • Study Contents
  • Sector Indicator
  • The project as an investment opportunity
مؤشرات القطاع
  • The appropriateness of the center site.
  •  Qualified and professional coaches
  • Holding regular events and challenges to motivate athletes and consolidate the spirit of competition
  • Providing consultations on healthy nutrition and guidance programs to improve dietary lifestyle
  • Flexible working hours to fit athletes’ schedules
  •  Competitive prices
Executive Summary
  • Project Overview
  • Financial Indicators
  • Project justification
  • Government investment incentives for the project
  • Target Markets
  • Final indicators and outcomes of the project
Project Service/Product Study
  • Description of the project and all its services/products
  • Project advantages and production requirements
Market Size Study
  • Familiarity with distribution channels
  • Consumers’ behavior, desires, and habits
  • Competitors’ products or services and their strengths and weaknesses
  • The nature and attributes of the market
  • The size of the demand for a product or service
  • The available share of the target market
  • The optimal method of marketing
Study of Risks
  • Identifying the risks
  • Risks’ impact on the project
  • Methods of risk prevention
Technical Study
  • A detailed description of the project’s products, the expected production capacity, and identifying investment costs
  • Identifying the size of electrical and water power
  • Identifying the project’s employment
  • Identifying the project’s requirements
  • Estimating construction costs
  • Estimating the total capital
  • Estimating annual operating costs
  • Estimating the amount of operating capital
Financial Study
  • The total required investment costs of the project
  • Structuring the income statement, cash flow statement, and balance sheet of the first ten years of operation
  • Estimating the expected annual revenues of the project in light of the identified operating capacities
  • The optimal funding structure of the project in light of the investors’ capabilities and funding terms
  • The project financial indicators and sensitivity analysis
Regulatory and Administrative Study
  • The project workforce
  • Regulatory structure
  • Job duties
المشروع كفرصة استثمارية
Believing in the role of the entertainment sector in building non-rent economies, Mashroo3k for Economic and Administrative Consulting will present the most important indicators of the sector in the GCC countries below: According to the latest statistics, the number of museums in the GCC countries is 306. The total number of visitors to these museums has reached 6,032,840 visitors. 306. The number of hotel facilities in the GCC countries is 11,119.
  • In the Kingdom of Saudi Arabia
The number of entertainment events reached 690, equivalent to 9,784 days. However, the number of people attending these events reached 34,699,458. The number of archeology, history and heritage museums is 33. The number of private museums is 195. There are 8499 archaeological sites; the number of permits to visit these sites is 178,020 (annually). The entertainment sector is expected to participate in the Saudi GDP by 4.2% in the coming years.
  • In the United Arab Emirates
According to the latest statistics, the number of museums reached 41. The number of visitors to these museums has reached 2,322,807. The number of public parks is 260.
  • In the Sultanate of Oman
The number of museums reached 12. However, the number of visitors to these museums reaches 408,000 per day. In the Sultanate of Oman, there are 51 castles and fortresses; the number of visitors to these castles and fortresses has reached 427,000.
  • In Qatar
When looking at the State of Qatar, we will find that its sports facilities have reached 291, the most of which have been found to be football fields, reaching 90 fields; followed by indoor halls with about 37 halls. The number of cinemas is 99, with a capacity of 14,108 seats. However, the number of films shown in these cinemas reached 3,549, according to the latest statistics. The annual total number of visitors to museums and exhibitions in Qatar reaches 1,038,470 individuals.
  • In Kuwait
The number of entrepreneurs of the Kuwait Touristic Enterprises Company, which provides a lot of entertainment and recreational services, has reached 1,308,514 individuals. The number of visitors to museums in Kuwait has reached 108,987 individuals. Kuwait has 814 libraries; the number of classified books reaches 2,087,513. The GCC governments have sought to improve the quality of life and provide a high level of well-being for the residents of the region. These governments have aimed to achieve this by investing in the entertainment sector to fulfill their objectives. In recent years, we have witnessed how these governments adopted initiatives aimed at increasing the number of parks and live entertainment shows and promoting visual and auditory arts.
  • The market of entertainment and hospitality establishments in the GCC countries is expected to reach USD 642.3 billion by 2023. This market was estimated to be approximately USD 466.9 billion in 2019.
  • According to the United Nations World Tourism Organization (UNWTO), the GCC countries are ready to receive 195 million visitors by 2030.
 
  • Global Entertainment SectorIn 2021, the value of the global entertainment and media market reached USD 2.34 trillion. Moreover, the market value is expected to increase at a CAGR of 4.6%, reaching USD 2.93 trillion by 2026.
مؤشرات المشروع
Mashroo3k Consulting Company recommends investing in the entertainment sector for the following reasons:
  • In 2021, the total revenues of global video games were USD 214.2 billion. These revenues are expected to increase, reaching USD 321.1 billion.
  • The revenues of the global cinema are expected to increase by an average of 20.4% during the period between (2021 – 2026).
  •  According to Citibank expectations, the investment opportunities in the metaverse are expected to reach USD 13 trillion by 2030.
  • The global spending on virtual reality (VR) increased by 36.5% in 2021 to reach USD 2.6 billion. it is expected to grow with a compound annual growth rate (CAGR) of 24.1% during (2021-2026) to reach USD 7.6 billion.
  • The average annual growth of console game revenue is 2.2% during the period between (2021 – 2026).
  • The average growth rate of the computer games’ revenues is 4.6% during (2021-2026).

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Sports Center