Indoor soccer centers are largely a business of fixed costs. To have a profitable club you have to meet specific criteria. Sofive founders Jean Damien and Charles approached WSBSPORT when they started their pilot club in New York. One of the key decisions they needed to take was about the most suitable location. They had picked 2 sites that seemed perfect, one of them had room for 4 courts and the other for 8 courts.
We recommended the 8 courts one, by saying that they would have filled them up easily in peak-hours, but the budget wasn’t available and they were about to choose a smaller one.
Sofive founders are very prepared and competent young entrepreneurs capable of attracting investor money to their ventures. In order to overcome the impasse, we decided to rent them, instead of selling the structures for the 4 additional courts.
This allowed them to budget for the larger facility virtually at the same investment. Now Sofive has opened three more facilities in Philadelphia, Brooklyn & Rockville, and a fifth one is opening in Columbia.
WSBSPORT has extended the rental model for the new clubs as well.