Conquer Padel, an Arizona-based padel club operator, has announced a $15 million investment opportunity to accelerate its expansion across the United States. Following the success of its $1.1 million fundraising round in January for its upcoming Tempe, AZ, location, the company aims to establish seven additional clubs across Arizona, Utah, Georgia, and California.
Scaling Up Amid Padel’s U.S. Boom
Padel is experiencing rapid growth in the U.S., with the number of courts soaring from 227 in 2023 to over 650 in early 2025. Forecasts predict up to 15,000 courts nationwide by 2029, positioning the sport as a major player in the racquet sports industry. Conquer Padel, which has successfully operated 48 padel courts in Mexico for over five years, is now leveraging its expertise to capture a significant share of this expanding market.
Conquer Padel’s franchise model, launched earlier this month, is the first of its kind in the U.S., ensuring consistency and scalability across all locations. The new clubs will feature state-of-the-art courts, premium amenities, professional coaching, and programs tailored for all skill levels.
A Lucrative Investment Opportunity
The $15 million raise, structured as a Reg D 506(c) private equity offering, welcomes both U.S. and foreign investors with a minimum investment of $50,000. Investors will benefit from a 12% annual preferred return and an 80% revenue-sharing waterfall. The funds will support the development of clubs designed to be vibrant community hubs focused on fitness, innovation, and social connection.
“Padel is more than a game—it’s a lifestyle that fosters community, competition, and fun, and its popularity in the U.S. is exploding,” said Enrique Gracia, CEO of Conquer Padel. “With our Tempe club opening this summer, we aim to accelerate our expansion and provide unparalleled experiences for players while creating a strong investment opportunity.”
Barry Falcon, co-founder and Certified Franchise Executive, emphasized the scalability of the business model: “The padel industry is poised for rapid expansion, and our franchise model is built to seize that opportunity. Investors can join a proven team at the forefront of a high-growth market.”
Tom Konkowski, co-founder and Chief Operating Officer, added, “With our ‘player-first’ concept, state-of-the-art facilities, and prime locations, Conquer Padel caters to a growing market. Our recurring revenue model, fueled by membership fees and various income streams, allows for stable returns.”
A Powerhouse Team Behind the Growth
Conquer Padel is led by a seasoned team with expertise in padel club operations, finance, real estate, and franchising. The company has partnered with leading firms, including one of the largest real estate and site selection firms in the U.S., top club management software company PlayByPoint, and MejorSet, the global leader in padel court manufacturing and installation.
With a strong leadership team and a clear vision for expansion, Conquer Padel is positioning itself at the forefront of the sport’s U.S. boom. As padel’s popularity continues to surge, this investment opportunity presents a strategic entry point into a rapidly growing market.
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