Being Part of The Community
Everyone is excited about our indoor pickleball facility that is scheduled to open next summer in the International Trade Center, Lakewood Ranch. With 12 indoor courts - Sarasota will host the largest indoor pickleball facility in the country! To date, we have already received over 400 member inquiries through our website... and we haven’t even promoted the club.
When we started the project, we had to decide - would we ask the county to pay for the facility or raise the funds ourselves. Given all the demands in our community for funds, we elected the latter; raise the funds privately and create a private club open to everyone in the community to become a member. Of course, the Economic Development Corporation [EDC] of Sarasota and Visit Sarasota are most excited about the project and the boost it will give to our local economy and one more reason to visit Sarasota.
A facility of this magnitude costs in excess of $6 million. No small challenge, even for an experienced entrepreneur. However, the business plan makes good economic sense, which convinced us that private capital would be extremely interested in financing the fastest growing sport in America today... and we were right!
Putting the team together to build the project has been fun and rewarding. All our key development partners are successful businessmen and women who live and work right here in Sarasota/Manatee; Market researchers, general contractors, attorneys, building fabricators, architects, brokers, engineers, surveyors, appraisers, and even graphic designers. Why? because it’s all about our community.
Of course, our club members will all live and work here in Sarasota & Manatee counties. This facility is designed for you. We believe in our tag line “Play for Life”. Whatever our age we need to be physically active. What bridges all age groups better than pickleball? Everyone needs to be more active, even our kids - who are shackled to smartphones and play stations. Pickleball is now being played at the elementary school level after gaining popularity among our seniors.
We believe that being part of the community brings with it obligations. Sarasota is one of the most giving communities in all of Florida. Therefore, our training academy will not only focus on our members but will reach out to our veteran and first responder community and are developing an extensive youth program that will be second to none.
Now for the opportunity. You probably already know that pickleball is the fastest growing sport in America today, with 3.3 million players. The growth of pickleball is astounding - 29% in just 3 years (2015 – 2018). For those in our community with the means and the inclination, we are offering the opportunity to be a part of this exciting project through direct investment in the project. We believe the project will deliver outstanding investment returns while helping create an amenity of lasting value to our entire community. We are offering 50 units of $50,000 each in The Pickleball Club @ Lakewood Ranch, the first indoor pickleball facility in Sarasota. Once these units are gone, unfortunately, the opportunity will be gone. There is no liability beyond your investment. We anticipate distributions to commence within two years of opening and are projected to grow year after year. It’s like getting paid to play pickleball! The only requirement is that you are an accredited investor.
We are here to answer your questions. All investments involve risk, and it is paramount that this opportunity is right for you. Just let us know your level of interest and we will send summary information. Before investing you will have an opportunity to talk to one of the managing partners, to ensure all your questions are answered and that this is an appropriate investment for you. Of course, you will receive a copy of our business plan.
That’s the opportunity. Don’t be one of those that said, “I could have invested in The Pickleball Club back when they started.” Please email us below and give us your name, email address, and phone number. We’ll get back to you right away.