Jávea club project
Deck-lite financials
Figures below are taken from the confidential investor memo for the Jávea club project — the operating vehicle behind DLV Club. They are projections, not audited results. The raise is now a direct Founders + Cornerstone equity raise. The build is courts-first and asset-light: padel and clay, plus modest single-storey pavilions, in Jávea.
Opening Q2 2028. Phase 2 spa / clinic is planned for 2029.
Phase 1
5.9M€ capex
Soil
2.4M€
Build
2.6M€
FF&E + soft costs
0.6M€
Working capital
0.3M€
Promoter nucleus 1.2M€ (20%). The remaining equity raise replaces the prior 4.8M€ institutional slice.
Founders vehicle
50 people · 1.3M€
Forty Founder tickets at 20k and ten Gold Founder tickets at 50k — 1.3M€ into the Founders vehicle, as working capital and equity units. Founders are not named on the PropCo. They still pay full club dues.
Founder × 40
20,000€ · 1 unit
Gold Founder × 10
50,000€ · 3 units
Revenue
How the club earns
Memberships, academy, kids, rents, and events. Padel and tennis sit at the centre of the operating day; the terrace, gym, and kids club keep families on site.
Projections
Five-year P&L
From the confidential memo. Not audited results. Opening assumed Q2 2028.
| Año 1 | Año 2 | Año 3 | Año 4 | Año 5 | |
|---|---|---|---|---|---|
| Revenues | 1.25M | 2.8M | 3.5M | 3.85M | 4.2M |
| EBITDA | 0.15M | 0.85M | 1.0M | 1.1M | 1.25M |
Team