Consumer Services Company

RockSport Climbing

4%

Funding Goal $2,800,000
Funding Raised So Far $120,000
Funding Commitments $0
Funding Remaining $2,680,000
Funding Type Preferred Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Company Overview


RockSport Climbing is a startup launching to provide a first class prototype for climbing gyms in smaller markets while capitalizing on the business opportunity presented by the growth in the sport.

The sport of indoor rock climbing gained momentum nationally over the last 25 years and is already well established around the world. Beginning as a fringe activity in the 1960’s in Yosemite, indoor climbing has rapidly become a mainstream activity. We are thrilled about the prospect of building the premier modern, indoor climbing gym to HML. Along with the climbing community, people who are health conscious, but weary of another treadmill or stair climbing session, will find that rock climbing provides this alternative fitness experience .Www.sportclimbhickory.com is already generating significant traffic with no attempt at marketing and we continue to receive messages routinely asking when we will be open. It is not a matter of if it will be successful, but of when it will happen and who is going to do it.

Reasons to invest:
• Do good with your investment dollars and be a part of providing an exciting experience with positive benefit to the community.
• A significant portion of costs represent long term assets with depreciation schedules of 7 years or less.
• Unlike most new ventures, climbing gyms maintain low operational overhead and can operate profitably within the first year of operations.
• The structure provides for limited downside, stable and attractive return on investment, and the opportunity for growth and upside.

The assumptions and estimates utilized in our business model were gathered from several sources including various wall manufactures, industry groups, websites, and conversations with climbing gym owners. While we expect some of the figures to change during the process of refining our concept, the goal of our envisioned facility remains the same. The focus of our design will provide a climbing experience that will stimulate, attract and build a community of rock climbing enthusiasts. We envision the location becoming a prototype for expansion over 5-7 years that holds on to the values established in the past and helps guide the sport

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Business Summary


Company Age
Employees
Sub-Industry
Prior Year Revenue
Current Year Revenue
Next Year Revenue

Management


Chief Executive Officer
Jeffrey M......

Background:
Climbing since 1997.
Currenlty responsible for managing a $200M portfolio of private business interests held in fiduciary accounts for a major financial services firm. Responsibilities have included executing transactions and active oversight of majority positions.
Prior to that Mr. M...... had a 15 year career in brokerage and development of Commercial Real Estate.
Education includes an MBA from the Kenan Flagler Business School at the University of NC Chapel Hill. and a Bachelor's in Economics from Clemson University.

4%

Funding Goal $2,800,000
Funding Raised So Far $120,000
Funding Commitments $0
Funding Remaining $2,680,000
Funding Type Preferred Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Documents


Contact


RockSport Climbing

Hickory, NC 28601, US

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