Is it a good idea to invest in surf lakes?
Surf Lakes presents a rare opportunity to invest in a company that has not only developed world-class technology but also validated its demand through international licensing deals and a growing community of supporters. Surfing is a fast-growing sport, with U. S. Surfing is riding a nationwide wave of popularity. In fact, recent sports surveys show surfing was the fastest-growing water sport in America, with participation up 28. That means roughly 1. Americans are now surfers, a number that has climbed over 35% in under a decade.
What happened to surf lakes?
Surf Lakes has moved to become a USA-based company following the successful approval of a Scheme of Arrangement process in late 2023 and full implementation as of January 2024. Surf Lakes owns the 90-acre Development Approved site at Yeppoon and is now raising capital to fund construction.
Are surf parks profitable?
Surf Park Profitability However, with a strong demand for surfing experiences, potential for growth, and multiple revenue streams, surf parks can be a profitable business for investors and developers. The primary revenue stream for surf parks is user fees, with surfers paying for time in the wave pool. Additional revenue can be generated through equipment rental, such as surfboards and wetsuits, as well as food and beverage sales.