Ore Prime Indoor Sports Facility

Ore Prime Sports Facility Business Plan

Prepared by: Ore Prime Sports
Imagine just 50 investors owning 100% of a $24 million indoor sports facility without selling Bitcoin!

Executive Summary

Ore Prime Sports is a proposed indoor sports facility designed to provide high-quality recreational spaces for tennis, pickleball, badminton, and volleyball enthusiasts. The facility will feature 16 courts, along with essential amenities such as walkways, seating, restrooms, locker rooms, office space, and a lounge. The project is currently in the planning stage, with a total cost of $24 million.

Total Project Cost: $24 million

Land Acquisition Budget: Up to $4 million

Facility Space: Approximately 80,000 sq. ft.

Ore Prime Sports is seeking to raise $3 million in initial capital from 50 investors, each contributing $12,000 for a 5-year investment term.

Project Scope & Details

The facility will feature a modern design with:

• 4 Tennis Courts

• 4 Pickleball Courts

• 4 Badminton Courts

• 4 Volleyball Courts

Additional amenities will include:

• Walkways and Seating Areas

• Restrooms and Locker Rooms

• Office Space

• Lounge Area
  

Total Facility Area: 80,000 sq. ft.

The total space includes courts and additional amenities, designed to meet the ceiling height requirements for each sport.

Space & Layout Details

Base Space: The facility will cover 60,600 sq. ft. for the courts and primary areas.

Additional Space for Amenities: A 30% increase in space (18,180 sq. ft.) for amenities and common areas.

Adjusted Total Space: 78,780 sq. ft.

Ceiling Height Requirements:

• Tennis Courts: 35-70 feet

• Pickleball, Badminton, Volleyball Courts: 25-50 feet
  

Land Acquisition

The facility will be located on land with the following criteria:

• Cost: Up to $4 million for the land purchase

• Size: 10 to 20 acres

• Location: The land will be chosen for accessibility, zoning, and proximity to major roads.

Timeline for Land Acquisition: The process is expected to take 6-12 months.

Investment Model

Ore Prime Sports will raise $3 million from 50 investors, each contributing $12,000 for a 5-year investment term. These funds will be used for land acquisition, facility construction, and initial operational costs.

Fund Allocation:

• Land Acquisition: $4 million (up to)

• Construction of Facility: The remaining funds will cover the construction of courts, amenities, and parking areas.

• Operational Costs: Initial expenses such as staffing, marketing, and utilities.
  

Investor Benefits:

• Return on Investment (ROI): Detailed projections of potential returns will be provided.

• Investment Term: 5 years, with potential for extension or early exit.

• Ownership Stake: Investors will receive a proportional stake in the business.
  

Revenue Model

The facility will generate revenue from the following sources:

• Membership Fees: Monthly, quarterly, and annual packages for individuals, families, and groups.

• Court Rentals: Hourly rental fees for non-members.

• Event Hosting: Leagues, tournaments, corporate events, and school sports programs.

• Training Programs: Coaching and clinics for various sports.

• Corporate Partnerships: Sponsorships and partnerships with local businesses.

Cost Breakdown

Land Acquisition:

Up to $4 million.

Construction & Setup:

$20 million, covering court construction, amenities, equipment installation, and infrastructure.

Operational Costs:

Ongoing expenses such as staffing, utilities, marketing, and maintenance.

Project Timeline

Phase 1: Land Acquisition & Design (6-12 months)

Finalize land purchase and design the facility with architects and construction firms.

Phase 2: Construction & Court Installation (12-36 months)

Site preparation, building construction, and court installation.

Phase 3: Staffing & Operational Setup (2-3 months)

Hiring staff and setting up operational processes.

Phase 4: Facility Opening & Launch (Post-construction)

Grand opening and start of operations.

Risk Analysis

1. Land Acquisition Delays:

Mitigation: Work with experienced agents and legal advisors to avoid delays.

2. Construction Delays:

Mitigation: Set aside a contingency fund (5-10%) for unexpected delays.

3. Market Demand:

Mitigation: Focus on diverse services (corporate events, training) to expand the customer base.

4. Operational Costs:

Mitigation: Monitor expenses and adjust pricing or services as needed.

Conclusion

Ore Prime Sports offers an exciting investment opportunity with clear revenue generation potential. With a total initial investment of $3 million from 50 investors, we will provide a high-quality sports facility that meets the growing demand for indoor recreation.

We invite you to join us in making Ore Prime Sports a successful and profitable venture.

Invest in the Future of Fitness and Community in Somerset County, NJ
Join us in building a state-of-the-art indoor sports facility dedicated exclusively to adults, offering a premier environment for recreation, competition, and community engagement.

Premier indoor sports facility offering 4 courts of each sports Tennis, Pickleball, Badminton, and Volleyball for adults.