Pickleball Kingdom

Item 7 details a hefty initial outlay of $940,000 to $2,257,600, driven by custom builds for 10-20 courts, pro shop, cafe, and optional bar setup—think $60,000 franchise fee plus real estate and equipment. Ongoing fees hit 7% royalty on gross sales, 2% brand fund, and $1,000 monthly local advertising spend, which keeps marketing aggressive in a community-driven sport. Item 19 shines here: average gross revenue clocks $1,867,466 across reporting units, suggesting strong per-square-foot performance if pickleball demand holds, though costs like staffing leagues and maintenance could eat into margins without volume.

System maturity lags with just 3 franchise and 1 corporate spot since 2023, but 25 projected new units signal franchisor confidence. Five SBA loans averaging $1,755,100 underline lender interest for qualified buyers, easing the multimillion entry. For investors eyeing recreation trends, the revenue scale tempts despite the bet on expansion—early adopters might lock in prime markets before saturation, but execution risk looms large in unproven ops.