Sports House International Leisure Inc., a one-stop shop for sports equipment and merchandise, is opening four new branches this year with a total estimated cost of P20 million.
Sports House president and chief executive officer Mars Chua said the company will have a total of 36 stores by the end of the year with the addition of the four new outlets which are located in Marikina; Rosales, Pangasinan; Baliuag, Bulacan; and General Santos City.
Chua said the company hopes to open at least three new stores every year as it continues to innovate its way of providing customers’ needs and excellent value on all sports goods.
The company needs to shell out P5 million per store, P3 million of which for structure development while P1.5 million to P2 million for the goods to be sold to the public.
Chua said the company’s sales have been growing by an average of six to eight percent every year.
He said while sales have been affected by the ongoing economic slowdown, the company is confident that sales will pick up toward the fourth quarter as people tend to spend more during the Christmas season.
“We would like to incorporate sports into the lifestyle of people. We have all the things that you need in all the game you play,” Chua said.
Since it opened its first branch on Gilmore Avenue in Quezon City in June 1983, the company has expanded its operations to other key cities in the provinces.
Most of its malls are located in several SM malls across the country such as SM Megamall, North Edsa, Southmall, Centerpoint, Fairview, Bicutan and Baguio.
Other outlets are in Ali Mall, Harrison Plaza, Landmark, Market Market, Robinsons Galleria, San Lazaro, Sucat, Batangas, Cavite, Dasmariñas, Lipa, Lucena, Marilao, Pampanga, Robinsons Lipa, Valenzuela, Bacolod, Cagayan, Cebu, Manduriao and Davao.