Entrepreneurs Invest $180 Million for 15 Indoor Private Pickleball Clubs in Florida

SARASOTA, Fla.–(BUSINESS WIRE). The first venture currently under construction is the Pickleball Club location in Sarasota at Lakewood Ranch. This and all locations will be members-only, privately owned, for-profit sports clubs that will fill the niche for pickleball games based on indoor amenities.

The Company’s Lakewood Ranch location will open this December. Set on 6 acres, it will feature 12 indoor courts, two outdoor courts, a retail store and a coffee shop in a 33,000 square foot facility.

The contractors have acquired land for two additional Florida locations and are in negotiations for four more.

“Pickleball is the fastest growing sport nationwide with no sign of slowing down,” said co-founder Matthew Gordon. “Given the tremendous demand for indoor space, we plan to become the market leader during this important phase of the industry’s takeover.”

The Pickleball Club (TPC) has also purchased a 4.05-acre property in Bonita Springs for a 38,000-square-foot, 14 indoor court club and a 3.5-acre property in Port St. Lucie for a 33,000-square-foot, 12 indoor court club . TPC will complete a 3.04 acre land purchase in Fort Myers for a 33,000 square foot club in November 2022.

Each club will provide $1 million worth of technology and will use high-definition PlaySight technology to integrate real-time video into lessons and clinics.

“The highly technological, convenience-based customer experience will be unique in the market today,” said Dominic Catalano, General Manager of TPC.

The company currently has 47 shareholders and has raised nearly $5 million in equity over the past year and a half and is currently accepting accredited investors.

At the first location, which will open this winter, TPC has already hired its entire management team, consisting of 15 employees.

About the Pickleball Club

The Pickleball Club is located at 1300 Sarasota Center Blvd. and will be a brand new, healthy living, private pickleball complex featuring 12 indoor pickleball courts with a tournament level outdoor space, an outdoor activity center, an ever-revolving “Food Truck Alley”, Pickles Cafe, Dink’s Pro Shop, permanent nets and HEPA filtered air conditioned environment. Visit ThePickleballClub.us for more information.

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