Backspin Pickleball

Early Stage

The future of pickleball clubs...ten years early

Analytics

Raised to Date: Raised: $7,500

Aggregate Commitments $

Platform

Wefunder

Start Date

11/03/2022

Close Date

04/30/2023

Min. Goal

$275,000

Max. Goal

$1,235,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Rolling Commitments $

Status

Active

Reporting Date

11/30/2022

Days Remaining

151

% of Min. Goal

3%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$278

Momentum
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Location

Kennesaw, Georgia

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Backspin Pickleball is raising funds on Wefunder. It is a pickleball club for active adults where they can socially gather, play, compete, stay fit, and enjoy a home away from home. The offerings of Backspin Pickleball include functional wellness, pickleball courts, medical services, and community gatherings. Backspin Pickleball has a letter of support from the Executive Director of USA Pickleball and aims to enable the national expansion of pickleball. Sean Graham founded Backspin Pickleball in January 2019. The current crowdfunding campaign has a minimum target of $275,000 and a maximum target of $1.24 million. The campaign proceeds will be used for renovation and construction, sales and marketing, fitness equipment, pre-opening payroll, technology, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-835

$-5,550

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$7,185

$6,350

Long-Term Debt

$0

$0

Total Liabilities

$7,185

$6,350

Financials as of: 11/03/2022
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Backspin Pickleball on Wefunder 2022
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Platform: Wefunder
Security Type: Revenue Share

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