1998Practice founded4,000+Client engagements$41.2 billionEvaluated project valueSince 1982Institutional underwritingMAI · ASA-GC · BCA · CMEAIn-house valuation designations
Wert-Berater, Inc. — Independent Feasibility Study Consultants
Press Release · Sports & Recreation · Texas

Wert-Berater, Inc. Completes Pickleball Clubhouse Feasibility Study in Buda, Texas

An independent Pickleball Clubhouse Feasibility Study evaluating a six-court outdoor recreation and taproom social venue in Buda, Texas.

Pickleball clubhouse
Wert-Berater, Inc. Completes Pickleball Clubhouse Feasibility Study in Buda, Texas

For Immediate Release · 2026-03-04

Asset class
Sports & Recreation · Texas
Program
SBA 7(a) / 504
Evaluated value
$4,840,000
Study conclusion
Favorable, with the dedicated General Manager hire recommended as a condition of the determination
Location
Buda, Texas, Hays County
Completed
2026

BUDA, Texas — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Pickleball Clubhouse Feasibility Study in Buda, Hays County, Texas.

Wert-Berater served as independent feasibility consultant to the lender. Party names are withheld consistent with the confidential nature of underwriting and capital-advisory work; figures represent the project as evaluated at the study date.

Project Summary

Feasibility analysis of a pickleball clubhouse and social venue in Buda, Hays County — on the fast-growing southern edge of the Austin metropolitan area — evaluated for SBA 7(a)/504 financing. The concept pairs dedicated court play with a club-format social, food, and beverage operation, positioning the venue as a membership destination rather than a court-rental commodity.

What the Project Included

Membership and programming revenue modeling across leagues, open play, lessons, and events, with the social and beverage operation underwritten as a margin driver in its own right; trade-area demographics for the Austin MSA’s southern growth corridor; and competitive mapping of the regional indoor and outdoor court supply.

Capital Structure

SBA 7(a)/504 structure sized to the real-estate and equipment program, with borrower equity injection per program requirements for special-purpose recreational property.

Feasibility Study Challenges

Early-cycle recreation concepts carry category risk in both directions — explosive participation growth against an unproven local revenue model — so the underwriting question was whether the membership and social-spend assumptions would hold once the novelty curve flattens, answered through conservative ramp assumptions and benchmarking against the operating clubs that preceded this market.

About Wert-Berater, Inc.

Wert-Berater, Inc. is an independent feasibility study consulting firm founded in 1998, providing lender- and agency-facing feasibility studies, highest-and-best-use analyses, and capital-advisory support. The firm has completed 4,000+ engagements across all 50 states and internationally, evaluating over $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. In every engagement, fiduciary duty runs to the lender and the applicable agency.

Media contact: Donald Safranek, MSc, President, Wert-Berater, Inc. — +1 310-857-2443 ext. 800. Press inquiries only; client, lender, and property identities remain confidential.

About this release. This announcement summarizes a completed, independent Wert-Berater engagement. Details have been anonymized to protect client and lender confidentiality; no borrower, lender, or property is identified. Figures reflect the project as evaluated at the study date.
Donald Safranek, MSc — President and feasibility study consultant, Wert-Berater, Inc.

President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. 4,000+ engagements completed across all 50 states and internationally, evaluating $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.

+1 310-857-2443 ext. 800  ·  email  ·  1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651 · 111 Town Square Pl Ste 1238 PMB 657834, Jersey City, NJ 07310 · 539 W. Commerce St #8486, Dallas, TX 75208 · 66 W Flagler Street, Suite 900, PMB 12704, Miami, FL 33130

Schedule a Conversation
Discuss your project with the principal.

Independent feasibility studies since 1998 — 4,000+ engagements, $41.2 billion in evaluated project value. Standard delivery in 10 to 15 business days. Fiduciary duty to the lender and agency.

Schedule a Qualification Zoom
Wert-Berater, Inc. · 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651 · 111 Town Square Pl Ste 1238 PMB 657834, Jersey City, NJ 07310 · 539 W. Commerce St #8486, Dallas, TX 75208 · 66 W Flagler Street, Suite 900, PMB 12704, Miami, FL 33130 · +1 310-857-2443 ext. 800 · email · Blog Index · Privacy · Terms · Site Map

Legal disclosure. Wert-Berater, Inc. offices are mailing addresses only. Following the COVID-19 pandemic the firm has elected to work remotely; its office locations receive mail and are not staffed for visitors or in-person meetings. Headquarters mailing address: 1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651.

Wert-Berater, Inc. is an independent provider of feasibility studies and other related services. The firm does not provide financing or equity investment advice, and does not arrange, broker, or place debt or equity capital of any kind.

All appraisal assignments are performed by Bruce E. Jones, MAI, ASA-GC, BCA, CMEA, a member of the Appraisal Institute since 2006, a staff member of Wert-Berater, Inc. and owner of Special Purpose Realty Valuation.

Services  ·  Experience

© 1998–2026 Wert-Berater, Inc. All rights reserved.