- Country: USA
- Industry: Entertainment, Leisure, Film, Music, Sport
- Stage: Start-up
- Investment size: $50,000 / min. $25,000
The project is about a startup company that is in the process of purchasing and transforming an existing building into an indoor athletic training facility and office space. The investment money would be applied to the building purchase and immediate startup costs.
Castle Athletics will be an indoor athletic training facility (66,000 square feet), targeting softball, baseball, soccer, and lacrosse. It is located directly off the highway in downtown Schenectady New York in an area that is being rejuvenated with new businesses and eateries. In addition to the athletic facility, the existing structure also offers office space, storage space and restaurant capabilities.
The investment money would go towards the purchase of the propety and the startup price.
There is no indoor training facility for softball or baseball in the immediate Schenectady county area of New York. This facility is unique in its size and offerings and youth softball, baseball and soccer organizations are abundant and growing in this area.
Rationale for the deal
The abundance of youth programs requires a local, easily accessible training facility.
Use of financing
Financing would go towards purchase price and immediate startup costs.
Looking for similar investment opportunities