"Red Top sells play... because everybody likes to play." ™
"In this epidemic of loneliness, Red Top brings hope." -Pharmacist Don
BIG ENOUGH TO MAKE A DIFFERENCE ™
Red Top Sport Center is bare-dirt, 350,000sqft, $80M warehouse build-to-suit project on a 35-acre site located in Stockton, California, immediately off Interstate-5 and situated along the Stockton Deep Water Channel.
Indoor features include 20 hardwood courts; 6 sand volleyball courts; 3 Futsal fields/24 batting cages/throwing lanes; a 30 meter 8-lane archery range; three 1/5 mile lofted jogging tracks; two regulation hockey rinks; a skateboard park; rock climbing facility. Outdoor features include eight baseball diamonds; a 250m concrete velodrome with flat skate track, hoverboard pump-park and a 1-mile cycling race-circuit/road around the campus.
The facility provides spectator amenities including court side benches, bleachers and lofted mezzanine viewing throughout the facility. Gathering areas include lofted snack-bar, beverage lounge and toddler areas. It can accommodate 900 simultaneous players and 1,000 spectators across 15 recreational sporting activities.
Red Top generates 75% of revenues from monthly player/spectator memberships, 15% from court reservation fees, 7% from concessions and retail sales, and 3% from advertising. At a $50 per month membership fee for 24/7 access, cash flow break-even is achieved in 12 months when 17,000 players and 16,000 viewers (~60% estimated peak membership) are subscribed. representing 30% of the maximum projected player capacity of the sport center.
Funding
Builder held mortgage to be secured with WBTC and reserved for debt service supplementation through Etherium smart contracting. Participants are granted equity, proportionally and incrementally, as operating revenues service debt. Liquidity is achieved through WBTC tokenization.
Playing, simply because its fun ™
A place where anyone, of any ability, can find others to play with, simply because its fun.
find your balance ™
Play at Red Top... find your balance ™
A safe, welcoming space to engage in physical activities and be with others.
Changing communities, one game at a time.
Red Top
Better AI... Better Lives. ™
It just looks like a sport center.
Contact
Red Top... it's not rocket science. It's harder.
Pharmacist Don donaldcottman@gmail.com KeepWealthLocal.com
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