See Our Vision
Enjoy some of the visual renderings below to give you an idea of what we are building. This will be a special destination.
Join Our Ownership Team
Pickleball is such a social, fun, competitive sport. However, what we love the most is that pickleball has a tremendous COMMUNITY. When developing PowerPlay Pickleball our #1 goal was to make this a destination for the Los Angeles pickleball community. We want our club to be community owned.
We’ve enabled that opportunity through this RegCF Offering. Own a part of our pickleball club for just $1,200. Join our ownership team and let’s build something amazing together. Let’s go!
Click here to read our RegCF Form C – this will give you more details regarding this Offering. $1.20 per unit, $1,200 minimum investment. The process includes a KYC (Know Your Customer) framework. The use of proceeds will go towards building out Phase 2 of our club – the outdoor pickleball courts, clubhouse and gathering areas.
Additional information is required if you choose to invest more than $2,500. Our Broker-Dealer (Andes Capital) can assist with any questions along the way: [email protected]
View FORM C for additional information
Investment Details
Please read our Form C for additional details. Form C is an offering statement that must be filed by any company conducting a Regulation Crowdfunding (RegCF) offering. Form Cs are submitted through the Securities and Exchange Commission’s EDGAR online filing system.
Investment Process
Regulation Crowdfunding (RegCF) allows eligible issuers to offer and sell securities through the platform of a broker-dealer or funding portal that is both registered with the SEC and a FINRA member (an “intermediary”). This activity must be conducted exclusively through the platform of a single intermediary.
View FORM C for additional information
Perfect Location – Perfect Time
Pickleball is the fastest growing sport in the US, and has been for the last few years. We don’t see that trend slowing down any time soon. The biggest limiter for growth is the number of available courts. And there is a BIG DIFFERENCE between dedicated pickleball courts and taped off, temporary net courts. The experience is MASSIVE. Los Angeles and NYC are the two locations which have the highest demand for courts based on the number of players and the limited number of available places to play.
2.5M population (10-mile radius)
44 locations (216 pickleball courts; 20-mile radius)
Largest locations each have 16 courts each:
– Beverly Hills (20 miles away)
– Seal Beach (17 miles away)
Average number of courts per location: 4
PowerPlay Pickleball will have 36 courts and will be the largest, dedicated pickleball club in Southern California. This will account for approximately 18% of the total pickleball court locations in this defined, 20-mile radius area.
View FORM C for additional information
Use of Proceeds
In addition to this RegCF Offering, we are also raising capital via a Regulation D (RegD) Offering. The RegD Offering is for investments of $25k or more, however the price per Unit is exactly the same for both offerings. Proceeds from these offerings will go towards building out the pickleball club. If you are interested in a $25k or more investment via our RegD offering, contact Steve at [email protected]
Phase 1 is focused on building out the indoor courts, reception area, pro shop, athlete recovery center, bathrooms, podcast studio, beer/wine garden, and 2nd floor event space. Phase 2 is focused on building out the outdoor courts, the 2-story clubhouse, the 2nd floor event space, the patio, and gathering areas.
10 Indoor Courts
9 full-sized, individually netted pickleball courts and 1 training court
26 Outdoor Courts
26 dedicated, lighted outdoor courts including several challenge courts
3k SF of Event Space
Dedicated event space for corporate events, birthdays, and other gatherings
Centrally Located
Currently there are no dedicated pickleball clubs in Los Angeles. Hard to believe, however we have the solution now. LA based pickleball is played mainly at city parks and a few tennis clubs also have some pickleball courts. Dedicated pickleball clubs enjoy wonderful competition, plenty of courts and a vibrant community atmosphere.
15 miles from downtown LA
13 miles from LAX airport
11 miles from Palos Verdes Peninsula
10 miles from Long Beach Airport
10 miles from Manhattan Beach Pier
View FORM C for additional information
Phase 1 – Indoor
We are building 9 dedicated and individually fenced pickleball courts with 1 training court. Additionally, phase 1 will include a reception area, pro shop, athlete recovery center, bathrooms and a 3,000 square foot event space / loft. We will also have a dedicated podcast studio!
Phase 2 – Outdoor
We are building 26 dedicated, lighted pickleball courts outside with a 2-story clubhouse, bathrooms, patio and fire pit. Our clubhouse will include light food and beverage services and a second floor event space / loft.
Join Our Ownership Team
View FORM C for additional information
Partners in Our Offering
There are several layers of people, processes and systems required to conduct a Reg CF Offering. At PowerPlay Pickleball, we’ve decided to align with industry-leading organizations. KoreTransfer USA is our Transfer Agent. Andes Capital Group is our Broker Dealer. North Capital is our Payment Rail and Escrow Facilitator.
NOTE: Due to the governance and compliance required for this capital raise, this page is managed and controlled by Andes Capital Group, LLC. For any questions related to the process or compliance of the raise, feel free to contact Andes Capital Group.
205 West Wacker Drive, Suite 610, Chicago, IL 60606
[email protected] or (312) 376-4510
Contact Us
Frequently Asked Questions
Why is PowerPlay Pickleball raising money?
PowerPlay Pickleball is a DBA for Pickleball Etc LLC. We want to share our company growth opportunity with the greater pickleball community. Maturing industries like pickleball don’t happen very often – we believe including more people as owners of our company will help us all build the #1 club in the world. We are very excited to grow PowerPlay Pickleball through grassroots, player to player engagement.
What will the money raised be used for?
The majority of the capital will be used to help complete the construction of the outdoor pickleball courts (Phase 2). In this phase of the development, we will be building approximately 26 outdoor, lighted courts with gathering areas, a clubhouse, patio and more.
How does investing work?
When you complete your investment, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until our company accepts it. Once we accept your investment and certain regulatory procedures are completed, your money will be transferred from the escrow account to our company in exchange for your securities. At that point, you will be a proud owner in Pickleball Etc. LLC (DBA: PowerPlay Pickleball).
How much can I invest?
Our company has set a minimum $1200 USD investment per investor.
Anyone can invest in a Regulation Crowdfunding (Reg CF) offering. Because of the risks involved with this type of investing, however, you may be limited in how much you can invest during any 12-month period in these transactions. If you are an accredited investor, then there are no limits on how much you can invest. Include the investment amount of interest and our Broker Dealer will follow up with additional questions, as necessary, if the amount invested is over $2,500.
For Non-Accredited Investors (most fall into this category) the limitation on how much
you can invest depends on your net worth and annual income.
- If either your annual income or your net worth is less than $124,000, then during any 12-month period, you can invest up to the greater of either $2,500 or 5% of the greater of your annual income or net worth.
- If both your annual income and your net worth are equal to or more than $124,000, then during any 12-month period, you can invest up to 10% of annual income or net worth, whichever is greater, but not to exceed $124,000.
An accredited investor, in the context of a natural person, includes anyone who:
- earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year, OR
- has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence), OR
- holds in good standing a Series 7, 65 or 82 license.
What will I need to submit my application for an investment?
To invest, you will need the following information available:
- Personal information
- Banking information
- Answering some questions so our extended compliance team can perform an in-depth KYC (Know Your Customer) background check
How can I pay for my investment?
You can pay for your investment using a credit card, via an ACH or via a wire transfer from your bank account.
What is a Form C?
A Form C is a document our company must file with the Securities and Exchange Commission (“SEC”), which includes basic information about the company and our offering and is a condition to making a Reg CF offering available to investors. Before making any investment decision, it is highly recommended that prospective investors review our Form C filed with the SEC (included under our Deal Terms) before making any investment decision.
What is a RegCF?
Title III of the JOBS Act outlines Reg CF, a type of offering allowing private companies to raise to $5 million from the general public. Prior capital raising options limited private companies to raise money only from accredited investors, historically the wealthiest ~2% of Americans. Reg CF allows companies to raise funds online from their early adopters and the crowd like a Kickstarter campaign. However, instead of providing investors a reward such as a t-shirt or a card, investors receive securities, typically equity, in the startup companies they back.
What is my ongoing relationship with PowerPlay Pickleball?
After investing in our Reg CF, you are a partial owner of our company! But more importantly, our company will file information with the SEC and post it on our websites on an annual basis after raising money via Regulation CF. In addition to that, as an equity holder, you will be receiving dedicated yearly updates as it is essential for us to keep our equity owners educated and informed about the progress of our company and investment. This annual report will include information similar to our initial Reg CF filing and key information that we want to share with our investors to foster a dynamic and healthy relationship.
Will dividends be paid to investors?
The company’s Managing Member and/or Board of Directors will consider whether to issue dividends at an appropriate time.
How can I sell my PowerPlay Pickleball securities in the future?
At the moment, there is no market or liquidity for these securities. Currently, our company does not plan to list these securities on a national exchange or another secondary market. Our company may choose to do so at some point, but until then, you should plan to hold your investment for a significant time before a “liquidation event” occurs. A “liquidation event” is when our company either lists our securities on an exchange, is acquired or under very unfortunate circumstances, our company goes bankrupt.
There is a way to transfer your shares via a private sale, however this will require additional processes, etc. Please contact us for additional information.
What are the expected returns for my investment?
Because this is an SEC-qualified offering, we cannot predict or comment on expected returns for future earnings. While we cannot assure you of the return on our securities, you can review the explosive growth of the pickleball industry for which we endeavor to be a major online store.
Where is PowerPlay Pickleball located?
Our club is located at 19401 South Main Street Gardena, CA 90248. Although the address says “Gardena”, we operate within the City of Carson, CA.
Discussion
312-376-4510
IMPORTANT NOTICE
IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF PICKLEBALL ETC, LLC (THE “COMPANY”) AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. ALL INVESTORS SHOULD READ THE OFFERING MEMORANDUM PROVIDED IN CONJUNCTION WITH THIS OFFERING. INVESTMENTS OPPORTUNITIES POSTED ON THIS WEBSITE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT. THE COMPANY IS NOT A BROKER/DEALER, DOES NOT OFFER INVESTMENT ADVICE OR RECOMMENDATIONS WITH RESPECT TO ANY SECURITIES. THIS OFFERING UNDER REGULATION CROWDFUNDING IS BEING CONDUCTED THROUGH ANDES CAPITAL GROUP, LLC (“ANDES CAPITAL”), MEMBER OF THE FINANCIAL INDUSTRY REGULATORY AUTHORITY (“FINRA”). ALL SECURITIES POSTED ON THIS WEBSITE ARE OFFERED BY, AND ALL INFORMATION INCLUDED ON THIS SITE IS THE RESPONSIBILITY OF, THE COMPANY. ANDES CAPITAL CANNOT VERIFY THE ADEQUACY, ACCURACY OR COMPLETENESS OF ANY INFORMATION. NEITHER ANDES CAPITAL NOR ANY OF ITS OFFICERS, DIRECTORS, AGENTS, AND EMPLOYEES MAKES ANY WARRANTY, EXPRESS OR IMPLIED, OF ANY KIND WHATSOEVER RELATED TO THE ADEQUACY, ACCURACY OR COMPLETENESS OF ANY INFORMATION ON THIS SITE OR THE USE OF INFORMATION ON THIS SITE. ANDES CAPITAL, IS A BROKER-DEALER REGISTERED WITH THE SEC AND MEMBER FINRA / SIPC. FINRA ’S BROKERCHECK. THE COMPANY AND ANDES CAPITAL ARE INDEPENDENT AND UNAFFILIATED ENTITIES.
FORWARD-LOOKING STATEMENTS
ALL STATEMENTS, OTHER THAN STATEMENTS OF HISTORICAL FACT, CONTAINED ON THIS WEBSITE CONSTITUTE “FORWARD-LOOKING STATEMENTS” AND ARE BASED ON THE REASONABLE EXPECTATIONS, ESTIMATES, AND PROJECTIONS OF THE COMPANY AND THE COMPANY’S MANAGEMENT AS OF THE DATE OF LAUNCHING THIS WEBSITE. THE WORDS “PLANS,” “EXPECTS,” OR “DOES NOT EXPECT,” “IS EXPECTED,” “BUDGET,” “ANTICIPATES”, “SCHEDULED,” “ESTIMATES,” “FORECASTS,” “INTENDS,” “ANTICIPATES,” OR “DOES NOT ANTICIPATE,” OR “BELIEVES,” OR VARIATIONS OF SUCH WORDS AND PHRASES OR STATEMENTS THAT CERTAIN ACTIONS, EVENTS OR RESULTS “MAY,” “COULD,” “WOULD,” “MIGHT,” “WILL” OR “WILL BE TAKEN,” “OCCUR” OR “BE ACHIEVED” AND SIMILAR EXPRESSIONS IDENTIFY FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS INCLUDE, WITHOUT LIMITATION, STATEMENTS REGARDING OUR PROJECTED NUMBER OF SALES, REVENUES, VALUATION, INVESTMENT RETURNS, EXPECTED CUSTOMER DEMAND, AND THE COMPANY’S BUSINESS STRATEGY. FORWARD-LOOKING STATEMENTS ARE NECESSARILY BASED UPON A NUMBER OF ESTIMATES AND ASSUMPTIONS THAT, WHILE CONSIDERED REASONABLE BY THE COMPANY’S MANAGEMENT AS OF THE DATE OF SUCH STATEMENTS, ARE INHERENTLY SUBJECT TO SIGNIFICANT BUSINESS, ECONOMIC AND COMPETITIVE UNCERTAINTIES, AND CONTINGENCIES. THE ESTIMATES AND ASSUMPTIONS CONTAINED ON THIS WEBSITE, WHICH MAY PROVE TO BE INCORRECT, INCLUDE, BUT ARE NOT LIMITED TO, THE VARIOUS ASSUMPTIONS OF THE COMPANY SET FORTH HEREIN. KNOWN AND UNKNOWN FACTORS COULD CAUSE THE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. SUCH FACTORS INCLUDE, BUT ARE NOT LIMITED TO, OUR SUCCESS IN RAISING CAPITAL THROUGH OUR REGULATION CF OFFERING, OUR PROJECTED TIME FRAMES, CHANGES IN DEMAND, INDUSTRY COMPETITION, LEGISLATIVE, FISCAL, AND REGULATORY DEVELOPMENTS, ECONOMIC AND FINANCIAL MARKET CONDITIONS, INCLUDING BUT NOT LIMITED TO THE CURRENT COVID-19 GLOBAL PANDEMIC. MORE INFORMATION ON THE FACTORS, RISKS, AND UNCERTAINTIES THAT COULD CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES IS INCLUDED IN OUR FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING IN THE “RISK FACTORS” SECTIONS OF OUR OFFERING STATEMENT ON FORM 1-A. MANY OF THESE UNCERTAINTIES AND CONTINGENCIES CAN AFFECT THE COMPANY’S ACTUAL RESULTS AND COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED IN ANY FORWARD-LOOKING STATEMENTS MADE BY OR ON BEHALF OF THE COMPANY. THERE CAN BE NO ASSURANCE THAT FORWARD-LOOKING STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS. ALL OF THE FORWARD-LOOKING STATEMENTS MADE ON THIS WEBSITE ARE QUALIFIED BY THESE CAUTIONARY STATEMENTS. THESE FACTORS ARE NOT INTENDED TO REPRESENT A COMPLETE LIST OF THE FACTORS THAT COULD AFFECT THE COMPANY. THE COMPANY DISCLAIMS ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS, EXCEPT TO THE EXTENT REQUIRED BY APPLICABLE LAW OR REGULATION. THE INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS AS THEY ARE MEANT FOR ILLUSTRATIVE PURPOSES AND DO NOT REPRESENT GUARANTEES OF FUTURE RESULTS, LEVELS OF ACTIVITY, PERFORMANCE, OR ACHIEVEMENTS. THE MANAGERS HAVE DEVELOPED A BUSINESS PLAN TO GROW THE COMPANY RAPIDLY. HOWEVER, WE SUGGEST INVESTORS CAREFULLY READ OUR OFFERING CIRCULAR AND UNDERSTAND THE RISKS ASSOCIATED WITH INVESTING IN AN EARLY-STAGE COMPANY.
REFUND POLICY
YOU MAY CANCEL YOUR INVESTMENT AT ANYTIME, FOR ANY REASON UNTIL 48 HOURS PRIOR TO A CLOSING OCCURRING. IF YOU HAVE ALREADY FUNDED YOUR INVESTMENT AND YOUR FUNDS ARE IN ESCROW, YOUR FUNDS WILL BE PROMPTLY REFUNDED TO YOU UPON CANCELLATION. TO SUBMIT A REQUEST TO CANCEL YOUR INVESTMENT PLEASE EMAIL [email protected] WITH REFERENCE TO YOUR INVESTMENT DETAILS AND YOUR CONTACT INFORMATION.