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PickleRage

PickleRage

Franchising since 2023 · 2 locations

The total investment to open a PickleRage franchise ranges from $427,050 - $656,500. The initial franchise fee is $55,000. Ongoing royalties are 6% plus a 2% advertising fee. PickleRage currently operates 2 locations (2 franchised). The top SBA 7(a) lenders for PickleRage are The Bancorp Bank and Hancock Whitney Bank. PeerSense FPI health score: 50/100. Data sourced from the 2026 Franchise Disclosure Document.

Investment

$427,050 - $656,500

Franchise Fee

$55,000

Total Units

2

2 franchised

FPI Score
Low
50

Proprietary PeerSense metric

Moderate
Capital Partners
2lenders available

Active capital sources verified for PickleRage financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

New/Niche (1-2 loans)

Limited Data
50out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 2 loans charged off

SBA Loans

2

Total Volume

$1.1M

Active Lenders

2

States

2

Top SBA Lenders for PickleRage

What is the PickleRage franchise?

The burgeoning indoor pickleball club franchise, PickleRage, has strategically positioned itself to capture a significant share of America's fastest-growing sport, addressing a critical market need for premium, year-round indoor playing facilities. For prospective investors contemplating entry into the dynamic recreational sports sector, the primary challenge lies in discerning which emerging brands offer a robust foundation and sustainable growth trajectory amidst a rapidly evolving landscape. PickleRage, predominantly founded in 2023, though one source suggests a 2020 inception with franchising beginning the same year, emerged from a leadership team's recognition of the substantial gap between pickleball's escalating popularity and the scarcity of suitable indoor venues. Headquartered in Miami Beach, Florida, USA, the brand caters to a broad demographic, from novice enthusiasts to advanced players, through a membership-driven model designed to foster community and consistent engagement. While the 2024 and 2025 Franchise Disclosure Documents (FDDs) indicated 0 total units, with 0 franchised and 0 company-owned locations, and the PeerSense database currently lists 2 total units, comprising 2 franchised and 0 company-owned, other reports present a more expansive view, citing "58 Active Units with Rapid 2023-2024 System Growth." As of February 2026, PickleRage reportedly has nine locations operational across key states including Alabama, Florida, Maryland, Michigan, New Jersey, New York, Ohio, and South Carolina, showcasing an aggressive market penetration strategy within the United States. This independent analysis aims to equip potential franchisees with comprehensive, data-backed insights, moving beyond marketing rhetoric to provide a clear understanding of the PickleRage franchise opportunity and its competitive standing.

The Fitness and Recreational Sports Centers category, which PickleRage inhabits, is experiencing a robust expansion, driven by several powerful consumer trends and secular tailwinds. The most prominent driver is the unprecedented growth of pickleball itself, which has seen its participant base surge, with millions of Americans now actively engaged in the sport. This explosive growth is fueled by its accessibility, intergenerational appeal, and inherent social nature, making it a compelling alternative to more strenuous or time-consuming activities. Consumers are increasingly prioritizing health and wellness, seeking active leisure options that also provide opportunities for social connection and community engagement, all of which are hallmarks of the pickleball experience. Furthermore, the demand for year-round playing options, particularly in regions with inclement weather, creates a significant market for indoor facilities like those offered by PickleRage, mitigating seasonality and ensuring consistent revenue streams for franchisees. This industry category attracts franchise investment due to its high demand, the potential for recurring revenue through membership models, and the relatively nascent stage of dedicated indoor pickleball facility development, which offers considerable white space for expansion. While the broader fitness market can be consolidated, the specialized indoor pickleball club segment is still emerging and largely fragmented, presenting an opportunity for early movers like PickleRage to establish brand dominance. Macroeconomic forces, including a post-pandemic renewed focus on personal well-being and a desire for accessible, community-oriented activities, continue to create a fertile environment for growth in this niche.

Investing in a PickleRage franchise involves a multi-faceted financial commitment, beginning with an initial franchise fee of $55,000, although one source indicates this fee could be "up to $65,000." This initial fee secures the rights to operate under the PickleRage brand and gain access to its proprietary systems and support. The total initial investment required to establish a PickleRage franchise exhibits a notable range across various sources, reflecting potential differences in facility size, geographic location, and build-out requirements. Reported investment ranges include $788,000 to $1,715,000, $797,800 to $1,783,200, and $827,800 to $1,803,200. A significantly lower "entry-level investment opportunity" is also cited, ranging from $107,250 to $164,000, which is positioned "significantly below the sub-sector average of $806,992-$1,117,660." This lower figure likely represents a specific type of unit or a partial investment, potentially excluding full leasehold improvements or comprehensive build-out costs, offering a more accessible entry point into the system. A detailed breakdown of the higher investment range illustrates the capital allocation: the franchise fee is $55,000, rent can range from $93,750 to $175,000, security deposits from $60,000 to $100,000, and leasehold improvements represent a substantial portion at $375,000 to $875,000. Equipment, furniture, and fixtures require $60,000 to $150,000, while insurance costs are estimated at $4,000 to $6,000, and permits and licenses at $3,500 to $6,500. Additionally, wine and beer permits can range widely from $2,000 to $100,000, initial inventory from $8,000 to $12,000, and signage from $50,000 to $75,000. Grand opening advertising is allocated $20,000 to $50,000, architecture and MEP drawings $12,500 to $32,000, and travel expenses for training $2,550 to $2,700. Professional fees are $1,500 to $6,000, opening assistance $7,500 to $15,000, and a point of sale system $2,500 to $5,000. Crucially, additional funds for the initial three months of operation are estimated at $30,000 to $50,000. The minimum liquid capital required also shows conflicting figures, with one source stating $30,000 to $50,000 and another indicating $200,000. Ongoing fees include a royalty rate, reported as 7.00% of gross revenues by one source, while another states a 6% royalty fee. Advertising contributions also vary, with figures of 3.00% for a national brand fund, 1% of gross revenues for a brand-wide marketing fund, and 1.0% for ad fees, alongside a mandatory allocation of 2% of gross revenues or a minimum of $2,000 per month for local marketing initiatives. Considering the higher investment ranges, PickleRage represents a premium franchise investment opportunity, though the potential for an "entry-level" option suggests a strategic attempt to broaden accessibility. A military discount is available for qualified veterans, providing a specific incentive for service members.

The operating model for a PickleRage franchisee centers on delivering a premium indoor pickleball experience through a membership-driven approach, catering to a diverse clientele ranging from novices to advanced players seeking year-round play. Daily operations involve managing court bookings, facilitating leagues and tournaments, maintaining high-quality facilities, and fostering a vibrant community atmosphere. The staffing model typically requires individuals for front desk operations, membership sales, court supervision, and potentially coaching or instructional roles, necessitating a focus on customer service and operational efficiency. While specific format options beyond "premium indoor facilities" are not explicitly detailed, the varying investment ranges suggest flexibility in facility size or amenities. The training program, for which travel expenses are estimated between $2,550 and $2,700, implies a structured, likely in-person curriculum designed to equip franchisees with the necessary operational and management expertise. Corporate support is a key component of the PickleRage franchise system, bolstered by significant leadership hires in 2025 to support expansion efforts. Key figures include David Smith as Chief Operating Officer and Eric O'Connor as VP of Franchise Development, demonstrating a commitment to scaling the brand effectively. Further strengthening the support infrastructure, Michelle Sudovich was hired as Franchise Development Manager, Sydney James as Franchise Marketing Manager, and Chris Martignetti as Real Estate and Construction Project Manager, indicating robust assistance across critical areas like development, marketing, and facility build-out. Ongoing corporate marketing programs are supported by national brand funds, with contributions reported at 3.00%, 1%, or 1.0% of gross revenues, alongside mandatory local marketing allocations of 2% of gross revenues or a minimum of $2,000 per month, ensuring consistent brand visibility. While specific territory structures are not detailed, the rapid expansion into multiple states and new franchise agreements imply defined, exclusive territories to protect franchisee investments. The multi-unit development deals, such as nine new franchise agreements in seven states in March 2025 and five new deals in May 2025, clearly indicate an expectation for multi-unit operators to drive the brand's ambitious growth. While the model supports strong owner-operator engagement, the significant investment and growth trajectory also make it appealing for experienced multi-unit investors with management teams.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document as per our database records for Picklerage. This means prospective franchisees do not have access to a standardized, system-wide financial performance representation directly from the franchisor within the FDD at this time. However, other independent analyses, potentially drawing from previous disclosures or alternative reporting, indicate PickleRage reports an average gross revenue of $451. This figure, though presented without detailed context on its source or the number of units contributing to it, offers a preliminary glimpse into potential unit-level performance. In the absence of comprehensive Item 19 data, investors typically rely on other signals to assess unit-level potential. The rapid growth trajectory of PickleRage, evidenced by its aggressive franchise agreement signings and planned club openings, suggests a strong belief in the unit economics by both the franchisor and new franchisees. For instance, the brand signed 17 new franchise agreements in the first half of 2025 alone, and was on track to open at least five additional clubs before the end of 2025, including locations in Centerville, OH (November 2025), Portage, MI (December 2025), New Rochelle, NY (November 2025), and Union County, NJ (October/November 2025), plus a corporate-owned location in North Charleston, SC (November 2025). This expansion indicates confidence in the underlying business model. Furthermore, the positioning of PickleRage within America's fastest-growing sport, coupled with its focus on premium indoor facilities and a membership-driven model, points to strong market demand and potential for recurring revenue, which are positive indicators for long-term profitability. Industry benchmarks for similar recreational sports centers often show healthy profit margins, particularly for concepts with strong membership bases and ancillary revenue streams from pro shops, coaching, and food/beverage sales. The significant investment required, ranging from $788,000 to $1,803,200 for a full-scale unit, implies a business model designed to generate substantial returns, supporting the need for a robust revenue stream to achieve a reasonable payback period.

PickleRage is experiencing a period of exceptionally rapid expansion, demonstrating an aggressive growth trajectory that aims to capitalize on the burgeoning pickleball market. While the 2024 and 2025 FDDs reported 0 total units, and the PeerSense database lists 2 franchised units, other sources cite "58 Active Units with Rapid 2023-2024 System Growth" and nine locations open across Alabama, Florida, Maryland, Michigan, New Jersey, New York, Ohio, and South Carolina as of February 2026. This indicates a significant acceleration in development and openings. The company began 2025 with grand openings in Glen Burnie, Maryland, and Mobile, Alabama, and celebrated the one-year anniversary of its West Bloomfield, Michigan club in July 2025. In March 2025, PickleRage secured nine new franchise agreements in seven states, marking its debut in North Carolina, New Jersey, New York, Ohio, and Texas, with specific locations announced in Wilmington, NC; Jacksonville, NC; Middlesex County, NJ; Centerville, OH; Lee County, FL; Baltimore County, MD; Horseshoe Bay/Lakeway, TX; Georgetown, TX; and Westchester County, NY. This momentum continued into May 2025 with five new franchise development deals, expanding the brand into Newark, Ohio; Genesee County, Michigan; Greater Indianapolis, Indiana; Greater Charlotte, North Carolina; and Las Vegas, Nevada, solidifying plans for a coast-to-coast presence. The brand signed a remarkable 17 new franchise agreements in the first half of 2025 alone and was on track to open at least five additional clubs before the end of the year, expecting to be operating in 13 states by year-end 2025, up from seven new states added in 2025. PickleRage has ambitious plans for over 500 locations nationwide over the next five years, indicating a highly scalable model. The competitive moat for PickleRage is built on several factors: its focus on premium indoor facilities provides a superior, climate-controlled playing experience compared to outdoor courts; its membership-driven model fosters customer loyalty and recurring revenue; and its early-mover advantage in establishing a national brand of dedicated indoor pickleball clubs allows it to capture prime real estate and market share in a rapidly growing, yet still fragmented, segment. The company's investment in key leadership hires in 2025, including a COO, VP of Franchise Development, Franchise Development Manager, Franchise Marketing Manager, and Real Estate and Construction Project Manager, further strengthens its operational and expansion capabilities, adapting to market conditions by building a robust support infrastructure for rapid, managed growth.

The ideal PickleRage franchisee is likely an individual or group with a strong business acumen, a passion for community building, and an understanding of the recreational sports or fitness industry. While specific experience requirements are not explicitly stated, the substantial initial investment, ranging from $788,000 to $1,803,200 for a full-scale unit, suggests a need for robust financial capacity and management experience, potentially in commercial real estate or multi-unit operations, given the leadership team's background. The company's aggressive expansion strategy, marked by signing multiple new franchise agreements and development deals in various states, clearly indicates an expectation for multi-unit operators to drive growth. New territories are actively in development across a wide geographic footprint, including Michigan, North Carolina, Florida, Maryland, Texas, Indiana, New Hampshire, Nevada, and New Jersey, with specific new locations announced in markets such as Wilmington, NC; Jacksonville, NC; Middlesex County, NJ; Centerville, OH; Lee County, FL; Baltimore County, MD; Horseshoe Bay/Lakeway, TX; Georgetown, TX; Westchester County, NY; Newark, OH; Genesee County, MI; Greater Indianapolis, IN; Greater Charlotte, NC; and Las Vegas, NV. These markets are likely targeted due to their demographic profiles, existing pickleball participation rates, and real estate availability for large indoor facilities. The initial term for a PickleRage franchise agreement is 10 years, providing a substantial period for investment realization, with a renewal term of 5 years, allowing for continued operation and brand engagement. The availability of a military discount for qualified veterans further broadens the candidate pool.

The PickleRage franchise opportunity presents a compelling investment thesis, strategically aligned with the explosive growth of pickleball, America's fastest-growing sport. By addressing the critical market gap for premium, year-round indoor playing facilities, PickleRage offers a distinctive value proposition within the broader Fitness and Recreational Sports Centers category. Despite conflicting unit count reports—ranging from 0 units in recent FDDs to 2 units in the PeerSense database, 9 open locations as of February 2026, and reports of 58 active units—the brand’s aggressive growth trajectory, evidenced by 17 new franchise agreements in the first half of 2025 and plans for over 500 locations nationwide within five years, signals strong market acceptance and franchisor confidence. While Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document, the reported average gross revenue of $451 from other sources, coupled with the significant initial investment ranging from $788,000 to $1,803,200, suggests a business model designed for substantial returns. The ongoing royalty fees, reported at 7.00% or 6% of gross revenues, and advertising fund contributions (3.00%, 1%, or 1.0% nationally, plus 2% or $2,000/month locally) reflect a commitment to brand development and franchisee support, underscored by key leadership hires in 2025. This brand's focus on a membership-driven model, premium facilities, and a clear competitive moat positions it favorably for sustained growth in a high-demand market. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Picklerage franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

50/100

SBA Default Rate

0.0%

Active Lenders

2

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for PickleRage based on SBA lending data

SBA Default Rate

0.0%

0 of 2 loans charged off

SBA Loan Volume

2 loans

Across 2 lenders

Lender Diversity

2 lenders

Avg 1.0 loans per lender

Investment Tier

Significant investment

$427,050 – $656,500 total

PickleRage — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2025

2 approvals — best year on record for PickleRage.

Top SBA State

Alabama

1 SBA-financed PickleRage locations — the densest operator footprint.

Average Loan Size

$568K

Median $568K — use as a sizing anchor when modeling your own $PickleRage unit.

Lender Concentration

100%

Concentrated

Share of PickleRage approvals captured by the top 3 SBA lenders.

PickleRage's SBA lending pipeline peaked in 2025 (2 approvals). The last five fiscal years account for 100% of cumulative volume ($1.1M approved). Operator density is highest in Alabama with 1 SBA-financed locations. Average funded ticket sits at $568K, with the median at $568K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$342K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$4,421

Principal & Interest only

Locations

PickleRageunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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