The Paddle House · Broome, NY

Financials, at a glance.

A 36-month view of projected revenue, path to profitability, capital structure, and upside — built on a unit-economic model benchmarked against operating comparables in Syracuse, NY and Kingston, PA.

INVESTOR PACKET
Est. Opening · Nov 2026
Model v4.18 · Audited Internal
01

Headline metrics.

The six numbers an investor needs to see first. All figures from the internal 3-year model.

3-Year Revenue
$1.36M
$335K → $459K → $566K across Years 1–3+69% Y1→Y3
3-Year Net Income
$357K
After $100.6K startup loss, recouped by Month 1540.3% Y3 margin
Break-Even
Month 15
January 2028 — cumulative NI crosses $100,611+$2,920 surplus
Capital Raise
$282K
$100.6K startup + $111.6K 6-mo reserve + buffer82% equity / 18% debt
Y3 EBITDA Margin
49.0%
From 29.8% → 44.5% → 49.0%Benchmark 15–35%
Y3 Peak Utilization
14%
86% of court-hours remain unusedConservative model
02

Revenue growth & operating costs.

Monthly view across 24 months. Fixed costs stay flat while revenue compounds — the leverage investors look for.

Monthly Revenue vs. Operating Costs · Nov '26 – Oct '28

Revenue shown as bars (forest); fixed operating costs as line. Gap widens as the membership base compounds.

03

Path to break-even.

Cumulative net income crosses the $100,611 startup-cost threshold in Month 15 (January 2028).

Break-Even Month
Month 15

January 2028 — 15 months after Nov 2026 grand opening.

Startup Recouped
$100,611

Full one-time capex recovered via operating cash flow.

Y3 End Cash
$687,652

From $129K opening — generated organically, no follow-on raise modeled.

Cumulative Net Income vs. Startup Cost Recovery

Red dashed line = $100,611 startup cost. Curve crosses it in Month 15 and widens rapidly thereafter.

04

Break-even month revenue composition.

A snapshot of January 2028 — Month 15, our break-even month. Eight distinct revenue streams generating $43,956 in a single month.

Revenue Share · January '28

Percentage of the $43,956 total revenue generated.

Stream Breakdown

Dollar revenue and % of total.

StreamJan '28 Rev.%
Court Reservations$13,34030.3%
Open Play$11,31925.8%
Memberships$9,36021.3%
Sponsorships$3,5008.0%
Leagues$3,0006.8%
Clinic Programming$1,9204.4%
Private Events$9002.0%
Pro Shop$6171.4%
Total Net Sales$43,956100.0%
05

Margin progression.

Operating leverage in action. Fixed-cost business + recurring membership MRR drives margin expansion without price increases.

EBITDA & Net Margin · Y1 → Y3

Operating leverage drives margin expansion: EBITDA climbs from 29.8% to 49.0%.

By The Year

Key profitability metrics at year-end.

Year 1 · 2026–27
Revenue$335,278
EBITDA$99,780
Net Margin20.2%
Year 2 · 2027–28
Revenue$458,791
EBITDA$203,980
Net Margin35.3%
Year 3 · 2028–29
Revenue$566,156
EBITDA$277,440
Net Margin40.3%
08

Three-year P&L summary.

Full income statement, consolidated. Detailed monthly statements and cash flows available on request.

Line ItemPre-OpenYear 1Year 2Year 33-Yr Total
Court Reservations$105,615$139,590$163,090$408,294
Memberships$94,500$113,400$135,360$343,260
Open Play$67,334$103,723$130,556$301,613
Sponsorships$29,000$41,000$49,083$119,083
Leagues$18,200$28,000$36,500$82,700
Clinic Programming$8,840$16,880$29,640$55,360
Private Events$5,300$9,000$13,800$28,100
Pro Shop (Consignment)$6,490$7,198$8,126$21,814
Total Net Sales$335,278$458,791$566,156$1,360,224
Cost of Sales($12,297)($15,986)($15,286)($43,570)
Gross Profit$322,980$442,804$550,870$1,316,655
SG&A($223,200)($238,824)($273,430)($735,454)
EBITDA$99,780$203,980$277,440$581,201
D&A($19,435)($19,435)($19,435)($58,305)
Interest Expense($4,862)($4,541)($4,186)($13,589)
Income Taxes (10%)($7,769)($18,000)($25,382)($51,151)
Net Income($100,611)$67,715$162,004$228,437$357,546
Year-End Cash$129,589$265,472$443,523$687,652