Where the money goes
Everything spent or committed so far, plus a straight estimate of what it still takes to open the doors. No line is hidden and no line is padded twice — the "Padded" total below is the contingency.
Committed & known From contracts / stated figures
Estimated to complete Pending quotes — ranges shown
These are working estimates so the payback math can be honest today. Each one gets replaced by a real canvassed number — the action plan in §08 firms all of them up within 30–60 days. The single biggest swing is the remaining office materials.
Not included above: operating working capital (keep roughly two months of running costs, ≈ , as a cash float before opening), taxes, and financing costs. The ₱3.3M figure you have in mind is real — it is the first block of this table, not the whole table.
Why 10 booked hours a day is conservative
The revenue assumption in this study — each court booked 10 of the 17 open hours daily at ₱350/hour — is not a hope. It is below what the neighborhood already does.
The area is visibly saturated. Courts within walking and short driving distance of the site run full from opening to closing — including facilities that are decades old, with worn flooring and weak ventilation. The closest, on Kalayaan Avenue about 600 m away, keeps the exact hours planned here (7 AM–12 MN, daily). When demand fills aging supply at these prices, new well-built supply does not struggle to find players; it takes them.
The rate is the market rate. ₱350/hour is what comparable Quezon City courts charge today — the nearest Diliman comp charges exactly that, and an eight-court center farther north charges the same and still runs "usually fully booked" per player reviews. Several venues charge more at peak. A July 2026 scan:
| Venue (approx. distance) | Published rate | Notes from public listings & reviews |
|---|---|---|
| Power Up Badminton — Mother Ignacia, Diliman (~2.5 km) | ₱350/hr | Busy community court; bookings fill up |
| Kalayaan Badminton Center — Kalayaan Ave. (~0.6 km) | — | Open 7 AM–12 MN daily; aging facility, still active |
| Tara Court — Project 4 (~1.8 km) | — | Praised specifically for ventilation and cooling fans |
| Don Antonio Sports Center — Holy Spirit (~5.3 km) | ₱350/hr | 8 courts, "usually fully booked"; sells shuttles at ₱150/pc, racket rental ₱100 |
| Chut's — Project 7 | ₱275 / ₱375 / ₱525 | Tiered: day / prime / late-night — pricing headroom exists |
| Powerplay — Apo St. | ₱300/hr | Open 7 AM–12 MN; in-house food store |
| Met Park (premium reference) | ₱600/hr + ₱50/head | Upper bound of the market; per-head fees are accepted practice |
Demand is already committed before opening. The incoming queue master — a coach who is a former national top-10 player, with reach across the local playing community up to the country's top-ranked men's player — has a standing block: all four courts, 8 hours, every Monday, Wednesday and Friday.
The gap this facility fills
Across public reviews of Quezon City courts, players complain about the same things again and again: worn or hazardous flooring, heat and weak ventilation, dim lighting, cash-only payment, clunky booking, and tired comfort rooms. The first three are exactly what this build solves by design — new sports flooring, low-glare LED lighting, proper ventilation. The last three cost almost nothing to get right and are covered in the action plan. A new court that fixes the standard complaints doesn't just match the market; it becomes the court people switch to.
The monthly machine
This is a live model, not a fixed spreadsheet. Drag the assumptions and watch the month — and the payback chart in §04 — recompute. It opens on the conservative settings: 10 booked hours at ₱350 with only modest side income.
"Blended" = the average across peak and off-peak. Tiered pricing (e.g. ₱300 day / ₱400 prime) can lift this above ₱350 without losing daytime players.
Shuttles, drinks, stringing, rentals, sponsors — the full playbook is §06. Default is deliberately cautious.
Lean / Expected / Padded from §01. "Padded" doubles as the contingency case.
Figures are pre-tax operating cash flow. Utilities scale with booked hours (₱18,000 fixed + ₱24 per court-hour, grounded on Meralco's July 2026 rate of ≈₱14.8/kWh for LED court lighting and fans). Rent and staffing are the figures you provided. Registration and taxes will take a slice of this — see §07.
When the building pays for itself
Cumulative net cash from opening day, against the total investment. Months 1–3 are deliberately haircut to 60/80/90% for ramp-up — even though the queue-master block and community word-of-mouth may make the real ramp shorter.
Three honest scenarios
Tap a card to load it into the model. Payback shown against the Expected ₱10.58M investment.
What happens after payback matters more than payback itself. Once the investment is recovered, the facility keeps producing its net cash every year — that is the annual figure on each card, equal to a yearly cash return on the money invested. There is no bank product in the Philippines that comes close to that. Payback is not the finish line; it's the point where the building starts working for free.
What actually moves the needle
If payback tracks slower than planned, these are the dials — quantified at the Base scenario (12 hrs, ₱350, ₱50k side income) so the sizes are comparable.
Money around the court
Ranked by effort-to-return. Figures are illustrative monthly nets at Base-level traffic — the model's default assumes only ₱35k of all this, so anything above that is upside. Benchmarks come from what nearby courts already charge.
Shuttlecocks ≈ ₱10–40k net/mo
The highest-attach item in badminton — players burn through them every session. A nearby center retails at ₱150/piece; at a ₱30–45 margin and even a modest attach rate this compounds quietly. Stock a feather and a nylon tier.
Drinks & snacks ≈ ₱15–45k net/mo
The refrigerator is already in the plan. Sports drinks bought at ₱25–35 sell at ₱50–60. Locate the cooler where players wait between games — the vending area on the second floor plan is exactly this.
Stringing service ≈ ₱5–20k net/mo
The office plan already has a stringing machine area on the ground floor — a service most QC courts don't offer on-site. ₱150–300 net per job, and it makes the facility the local racket "home base."
Racket rental & small gear ≈ ₱5–15k net/mo
₱100/hour rental is standard nearby. Grips, socks, wristbands and towels are small tickets with strong margins and zero spoilage.
Coaching clinics & academy rev-share
The queue master is a former national top-10 player — a kids' academy or weekend clinic under his name fills off-peak daytime hours (a court-hours lever and an income line) and deepens the community moat.
Sponsor banners & tournaments lumpy but real
Court-side banners from racket brands, string dealers and local businesses are standard at busy courts; a quarterly open tournament brings entry fees, sponsor money, and a full house of first-time visitors.
Per-head amenity fee optional
₱50–75 per head is accepted practice at some Metro Manila venues. It scales with every player, not every booking — but test it carefully against the "fair pricing" reputation of a new court before adopting.
Roof deck (later) deferred asset
Currently deferred in the fit-out, deliberately. Once the core business is cash-flowing, it's an events / viewing / F&B option that adds income with no court capacity cost.
What could bite, and what to do about it
A feasibility study that only shows upside is a brochure. These are the real exposures, sized where possible, each with its counter-move.
| Risk / unknown | Exposure | Counter-move |
|---|---|---|
| Remaining office materials — the largest open number | ±₱700–800k around the ₱2.6M estimate | Build the bill of materials from the 81-item labor scope and canvass suppliers within 30 days. The Lean/Padded tiers already bracket this honestly. |
| Sports flooring installation labor — not yet quoted | est. ₱150–300k | Request the specialist's labor quote immediately — this line item gates the entire revenue asset. |
| Lighting & ventilation spec | est. ₱290–620k combined | Canvass 2–3 suppliers. Treat ventilation as revenue protection, not cost: heat is the single most common complaint at competing courts. |
| Demand softens after the novelty | Occupancy drifting toward break-even (~5–6 hrs) | The queue-master block floors Mon/Wed/Fri; add leagues, clinics and corporate blocks for the rest. Watch monthly hours against this model and act at the first soft month, not the third. |
| Competitors respond (renovation, price cuts) | Rate pressure below ₱350 blended | Compete on what they can't retrofit cheaply — floor quality, light, air — plus digital booking and e-wallet payments, the loudest fixable complaints in the area. |
| Power-rate drift | Rates climbed through 2026 (≈₱14.8/kWh in July) | All-LED lighting, per-booking light zoning, high-efficiency fans. Utilities are ~10% of costs here — annoying, not existential. |
| Taxes & registration | All figures here are pre-tax; registration status (VAT vs. percentage tax) changes take-home | Engage a bookkeeper before opening — projected revenue is above the thresholds where structure matters. Decide the registration path early, not at the first filing. |
| Phase 1 firewall still parked | Pending City Hall permit and the neighboring pipe; possible added cost when it resumes | Client-side item — keep the permit follow-up active so it never blocks the opening timeline. |
| Cash float at opening | ≈ 2 months of running costs before revenue steadies | Hold in reserve, separate from the build budget. The model's 60/80/90% ramp already assumes an imperfect start. |
Next 30 / 60 / 90 days
Everything estimated in this study has a task here that converts it into a firm number — and everything on the demand side gets ahead of opening day.
Days 1–30 · Firm the numbers
- Get the sports-flooring installation labor quote — the last gate on the revenue asset
- Build the bill of materials from the office labor scope; canvass the big lines (finishes, MEP)
- Canvass low-glare LED court lighting and ventilation from 2–3 suppliers
- Engineer sign-off on the remaining steel sizes; receive the updated stamped plans
- Engage a bookkeeper — settle registration and tax structure before opening
Days 31–60 · Build the demand engine
- Lock pricing: tiered day/prime rates, the queue-master block terms in writing
- Set up booking + e-wallet payments (GCash etc.) — the cheapest differentiation in the area
- Open a pre-registration list through the coach's network; seed the opening-month calendar
- Approach racket/string brands and local businesses for court-side banner sponsorships
- Hire and train front-desk staff; stock shuttles, drinks, stringing supplies
Days 61–90 · Open and measure
- Soft-launch the courts as soon as floor + lights + air + CRs are ready (permits permitting) — office finishing can trail
- Queue-master block live Mon/Wed/Fri; league and queue nights fill the rest
- Schedule the first open tournament for the full-launch month
- Track actual booked hours, blended rate and side income against this model monthly — the sliders above are the dashboard
How these numbers were built
Cost side. Committed figures come from project records: the Phase 1 labor contract of ₱1,105,000 (Feb 25, 2026, including the ₱150,000 firewall extension), the Phase 2 office labor working quote of ₱2,809,878 (81 line items across six trades; pre-final), and owner-stated figures from July 2026 (₱3.3M total to date including ≈₱800k sports-flooring materials; ≈₱650k wide-flange steel; ≈₱500k precast wall blocks). Estimated lines are marked in amber throughout and carry low/mid/high ranges; the remaining-materials estimate is derived from typical labor-to-materials ratios for this building type, net of the steel and blocks already counted, and reflecting the phased finish plan (several second-floor rooms basic, kitchen / vending / roof deck deferred).
Revenue side. The rate and occupancy assumptions are benchmarked against a July 2026 scan of Quezon City courts (rates, hours and player reviews from public listings) and the owner's direct observation of neighborhood court utilization. The queue-master block (all courts, 8 hrs, Mon/Wed/Fri) is treated as committed demand. Utilities use Meralco's July 2026 rate of ≈₱14.8/kWh applied to LED court lighting and ventilation loads. The ramp haircut (60/80/90% for months 1–3) is a deliberate conservatism.
What this study is not. It is not a tax computation, a bank-grade appraisal, or a guarantee. Every amber-tagged figure is an estimate awaiting a real quote, and the model exists precisely so those numbers can be dropped in as they land. Where reality and this document disagree, update the document.