Sporting Goods Rental Success Stories [2024]
With the latest outdoor activities and wellness trends, sportswear rental could be the next big business opportunity.
For the people who only participate in sports activities infrequently, renting sporting goods is the best option. Successful sporting goods rental businesses can profit from this growing trend.
If you are starting a sporting goods rental business, research the market and find out who potential customers shall be. Understand their requirements before investing in sporting goods.
In this list, you'll find real-world sporting goods rental success stories and very profitable examples of starting a sporting goods rental that makes money.
1. ggCircuit ($3.6M/year)
Zack Johnson, the founder of ggCircuit, came up with the idea for his business while running his own esports arena, eBash Gaming Center. He realized that the management software used by his competitors was outdated and lacked customer engagement. Seeing an opportunity, Zack and his team decided to develop their own cloud-based software, ggLeap, which revolutionized the industry. With a strong focus on customer service and marketing efforts such as YouTube shows, ggCircuit has attracted over 700 locations worldwide and generated $4 million in revenue in the past year, with plans to double that in the next 12 months.
How much money it makes: $3.6M/year
How much did it cost to start: $50K
How many people on the team: 25
Esports management software company ggCircuit has doubled its revenue every year since inception and amassed $4 million in revenue in the past year alone, while offering services to over 700 customers globally and projecting double that in revenue over the next 12 months.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
