Spain’s Grupo Padelpoint, with its various business lines, came close to doubling its annual revenue in full-year 2024, achieving growth of 93 percent, to €25 million, according to CMDsport.
Not to be confused with Padel-Point (once owned by Signa Sports United, now owned by Tennis Point GmbH), Grupo Padelpoint operates an e-commerce shop (tiendapadelpoint.com), an academy, a court factory and two clubs. The company dabbles in the sale of products for tennis, beach tennis, squash and pickleball, but padel is the focus. The top selling brands? Adidas, Bullpadel and Nox, accounting for three-quarters of the year’s retail sales. Padelpoint’s network of stores is almost entirely Iberian, with one store in Portugal (Viseu), 16 in Spain and one store in Italy (Crotone). Of the total 14 are franchises. CEO Alejandro González hopes to raise that number to 30 by the end of this year and tells CMD that there are offers in places like Portugal, Morocco and, farther afield, Venezuela.
Padelpoint is also a wholesaler. In fact, as González says, 60 percent of the year’s business was B2B. Pro-shop sales are a priority. “We’ve been conducting a very intense sales campaign visiting clubs. We have three sales reps covering all of Spain who’ve secured a lot of clients,” says González.
Some 70 percent of the year’s business was domestic, the rest coming from 71 other countries of operation, although the company dispatches products to 142 – all of them from a single warehouse, in Alicante, Spain. Padelpoint does its e-tailing abroad through lojapadelpoint.pt (Portugal), europepadelshop.com (rest of Europe), originalpadelpoint.com (Middle East) and internationalpadelshop.com (elsewhere, especially the Anglophone world).
