Scott Handback
Boone, NC (USA)
Role(s):
Other
Deer Valley Athletic Club
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Startup
Location:
Boone
Industry:
Sports/Recreation
Year Founded:
2012
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Deer Valley Athletic Club is a 400-member athletic club offering indoor & outdoor tennis, indoor & outdoor pool, 3,000sf fitness center, basketball court, racquetball court, indoor golf simulator and outdoor golf practice area. We are located on 8.53 acres and in a 50,000sf building.
We have 3,000sf of space we sublet to a Pilates Studio, Massage Therapy Studio and Restaurant. Those sub-leases pay for approximately $4,000 of our monthly $6,000 lease. We have a 20-year lease with a first-right of refusal to buy the property if the owner wishes to sell.
We have grown from 260 members and revenue of $550K in 2016 to over 400 members and $750K (projected) in revenue for 2019.