Pickleball franchisor The Picklr files for Chapter 11 bankruptcy protection
The Picklr, a fast-growing pickleball club franchisor, has filed for Chapter 11 bankruptcy in a Texas federal court. Founder Jorge Barragan says the company's holding firm had guaranteed lease payments for roughly 40 early franchise locations, leaving it overextended. The company reported a $4.4 million net loss on $10.3 million revenue in 2025 and about $19 million in liabilities as of March.
GoKawiil's interpretation of the reporting above, not reported fact.
An investor group led by franchisee Tom Neale has pledged $4.5-4.8 million in financing pending court approval, which could keep the chain's more than 70 U.S. locations and international clubs operating. Barragan says the filing won't directly shutter clubs, though he anticipates some downsizing, suggesting the restructuring may still trim the franchise's footprint even as it avoids immediate closures.
- The Picklr filed for Chapter 11 bankruptcy in the Northern District of Texas
- Founder Jorge Barragan blames corporate lease guarantees for roughly 40 early locations
- An investor group has committed $4.5-4.8 million in financing pending court approval
Selkirk Amped Pickleball Paddle — With pickleball franchises booming (and sometimes stumbling) nationwide, the sport itself keeps growing, and a quality paddle makes it easier to enjoy local clubs like The Picklr. The Selkirk Amped is a well-known paddle favored by players looking to improve their control and power on the court. It's a great way to get in on the pickleball craze regardless of how the business side shakes out.}
See Selkirk Amped Pickleball Paddle on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: entrepreneur.com — Jonathan Small, 2026-10-15
Published there as: “This Popular Pickleball Franchisor Filed for Bankruptcy. Its Founder Says, ‘I Own It’”
Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.