The skateboard industry is a multi-million dollar business. Most money comes from selling skateboards and accessories.
Skateboarding Businesses
Skateboarding businesses in cities can benefit from collaborating with local businesses to expand customer base and increase revenue. Urban areas have a strong skate community which fosters loyalty and repeat business. Suburban or rural businesses may face challenges in customer reach and competition.
Pro Skater Earnings
A 20-year-old pro skater was earning $5 million a year by age 18. Prize money depends on competition level. Higher levels offer more money. Sponsorships and endorsements also impact earnings.
Pro Skater Income Range
The middle 50% of pro skaters earn $28,400-$187,200. Tony Hawk’s video games have earned $1 billion since release. Alan "Ollie" Gelfand invented the ollie trick in the 1970s.
Skateboarding Costs
Custom skateboards cost $90-$500. Wheels cost $25-$60. An average complete skateboard costs around $100.
Skate Shop Profitability
Is owning a skate shop profitable?
Revenue generated is largely dependent upon the community you’re a part of, the location you decide on for your storefront, and the quality of products you maintain.
Skate Shop Startup Costs
Startup costs for a skate shop can vary tremendously.
Skate Shop Average Profits
According to industry reports and studies, the average annual profits for skateboard shop owners in the US range from $50,000 to $100,000.
Pro Skateboarder Earnings
How much money can you make skateboarding?
The salaries of Professional Skateboarders in the US range from $19,910 to $187,200, with a median salary of $44,680.
Skateboarding Competitions
Figure skaters who place in international competitions at the senior level earn prize money.
Earning Potential
It is possible to make a career out of skateboarding.