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Feasibility
Overview
This client contacted me to help them determine if a pickleball bar concept on their property in Phoenixville, PA was feasible.
Approach
I provided a thorough market research report with key information on the pickleball industry and the location, along with estimated renovation costs, and a financial proforma showing sales projections and their return on investment.
Results
Ultimately, the owners decided to sell the real estate. Although they were in love with their concept, it just wasn’t going to work on that site. With a relatively small investment in a feasibility study, they avoided a very costly mistake.
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