Is Skjetten Worth Building a Padel Center In?

Padel Venues
1
padelnomics Score
71.5/100
Peak Rate
Population
11K
Key takeaway: Skjetten scores 71.5/100 on the Padelnomics Score with 1 venues and 7 courts serving 11K residents (61.4 courts per 100K). Strong investment potential with meaningful supply gaps.

Yes — Skjetten ranks among the most promising locations in Norway with a padelnomics Score of 71.5/100. The score evaluates investment potential based on supply gaps, catchment reach, market maturity, and sports culture. The city currently has 1 padel venues with 7 courts serving 11K residents — 61.4 courts per 100,000 people (8.8 venues).

The question that matters: given current pricing, occupancy, and build costs, what does a padel investment in Skjetten actually return? The financial model below works with real local market data.

What Does a Padel Investment Cost in Skjetten?

Based on current market data for Skjetten, here is what a padel center investment looks like:

Skjetten, NO Investment Breakdown
Item Amount Detail
Padel Courts €100,000 4×dbl + 0×sgl
Shipping €6,000
Floor Preparation €9,996
HVAC Upgrade €16,660
Lighting Upgrade €8,330
Fit-Out & Reception €33,320
Permits & Compliance €15,933
Equipment €3,200
Working Capital €12,495
Miscellaneous €6,000
Contingency (10%) €21,193
Total CAPEX €233,127
Per Court €58,282
Per m² €182
LTV 85%
Equity €34,969
Loan €198,158
Total €233,127

Construction costs vary significantly depending on whether you build an indoor or outdoor facility. Indoor halls in Norway run considerably higher — structural build, ventilation, and lighting drive the cost. Outdoor courts are cheaper to construct but limit your operating season and revenue potential. The number of courts is the single biggest lever on total investment: each additional court lowers the per-court cost, but increases your total capital at risk.

Revenue Potential in Skjetten

Skjetten, NO Revenue & Operating Costs

Revenue Model

Weighted Rate €250/hr
Utilization Target 11%
Booked Hours/mo 204

Monthly OPEX

Item Monthly Detail
Rent €3,840 1280m² × €3/m²
Insurance €412
Electricity €224
Heating €400
Water €110
Maintenance €391
Cleaning €391
Marketing / Software / Misc €456
Total Monthly OPEX €6,224

Monthly Summary

Gross Revenue €55,697
Booking Fees -€5,104
Net Revenue €50,593
Operating Costs -€6,224
EBITDA €44,369
Debt Service -€2,102
Net Cash Flow €42,267

Revenue depends on three factors: court rental pricing, occupancy rates, and ancillary income (coaching, retail, food & beverage). Utilisation swings sharply by time of day and season — evenings and weekends tend to run at or near capacity, while weekday mornings and afternoons have idle courts.

Financial Returns

Skjetten, NO Returns & Financing

Return Metrics

IRR (5yr) 1000.0%
MOIC 166.37x
Payback 10 months
Cash-on-Cash 1512.0%
Yield on Cost 247.2%
EBITDA Margin 88%

Exit Analysis

Exit Value (6x EBITDA) €3,457,893
Remaining Loan €111,374
Net Exit €3,346,519

Financing

Loan Amount €198,158
Rate / Term 5% / 10yr
Monthly Payment €2,102

The return metrics above show how quickly your investment pays back and what long-term return you can expect. IRR (Internal Rate of Return) is the key metric — it accounts for the time value of money and lets you compare against alternative investments like real estate or equities. A payback period under 5 years is considered solid in the padel industry. These numbers are based on current Skjetten market data. Adjust the assumptions in the planner to model your specific scenario.

Adjust these numbers for your own plan → Model it in the Planner

Market Context

With 61.4 courts per 100K residents, Skjetten has a relatively high padel density. This indicates a proven market with demonstrated demand — but also more competition for new entrants. Differentiation through location, facility quality, or pricing strategy becomes the key success factor.

Padel is growing rapidly across Europe — many markets are seeing venue counts double within a few years. The sport's relatively low barriers to entry (less space than tennis, faster learning curve for players) continue to drive expansion.

Skjetten Padel Pricing

Court rental rates in Skjetten based on Playtomic availability data:

Rate Type Price
Peak hours No data
Off-peak hours No data
Average hourly rate No data
Estimated occupancy No data

For a detailed pricing breakdown with price ranges and venue comparisons, see the Skjetten court prices page.

Skjetten Market Overview

Metric Value
Courts 7
Courts per 100K residents 61.4
Venues 1
Venues per 100K residents 8.8
padelnomics Score 71.5/100
Data Confidence 100%

FAQ

Is Skjetten a good location for a padel center?

Skjetten scores 71.5/100 on the padelnomics Score, which evaluates investment potential based on supply gaps, catchment reach, market maturity, and sports culture. A score above 65 signals strong investment potential: meaningful catchment area, supply gaps, and a sports-oriented population. Use the Padelnomics planner to model your specific assumptions.

What is the return on investment for a padel center in Skjetten?

ROI depends on build cost, court count, pricing, and occupancy assumptions. In Skjetten, market defaults are a peak rate of estimated from regional benchmarks and estimated occupancy of based on country averages (sources: Playtomic booking data, Eurostat). Adjust the inputs in the planner to see how your scenario compares.

How much does it cost to build a padel center in Skjetten?

Total investment depends on venue type (indoor vs outdoor), land costs, and local construction standards in Norway. Typical benchmarks: an indoor court costs around €35,000 for court equipment plus building and fit-out; outdoor courts are significantly cheaper. Use the financial planner for a detailed Skjetten cost breakdown.

How many padel courts are there in Skjetten?

Skjetten has 7 padel courts across 1 venues. With a population of 11K, that translates to 61.4 courts per 100,000 residents.

What are typical padel court rental prices in Skjetten?

Pricing data from Playtomic is not yet available for Skjetten. The financial model uses Norway-wide benchmarks as a proxy.

How does Skjetten compare to other Norway cities?

Skjetten's padelnomics Score of 71.5/100 reflects its investment potential among tracked Norway cities. See the Norway market overview for a full comparison across cities.

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Data sources: Playtomic (live booking & pricing data), Eurostat (population, income), OpenStreetMap (venue locations via Overpass API). Last updated: March 2026.

More Norway padel markets: Norway overview