Phield House, LLC Company Profile

Background

Phield House, LLC is a premier indoor sports facility located in Philadelphia, Pennsylvania. Established in 2017 by Mark and Rachel Solomon, the facility was conceived to address the lack of indoor sports venues in downtown Philadelphia. The mission of Phield House is to provide a unique and safe environment that fosters wellness, fitness, teamwork, and sportsmanship for individuals of all athletic abilities and experiences.

Key Strategic Focus

Phield House focuses on offering a versatile space for various sports and fitness activities, catering to both individuals and teams. The facility is designed to accommodate sports such as baseball, basketball, lacrosse, soccer, volleyball, and more. Key objectives include:

• Facility Rentals: Providing rental fields and courts for teams and coaches.

• Instructional Programs: Offering clinics, camps, and personalized coaching.

• Community Engagement: Hosting early years and after-school programs, birthday parties, and corporate events.

Financials and Funding

In July 2017, Phield House secured an angel investment of $650,000 to support its establishment and initial operations. The facility generates revenue through various streams, including facility rentals, instructional programs, and event hosting.

Facility and Services

Phield House boasts a 25,000-square-foot, state-of-the-art indoor sports facility, featuring:

• Multi-Purpose Court: Equipped with basketball hoops and a built-in volleyball system.

• Two Turf Fields: Each approximately the size of a basketball court, suitable for sports like soccer, lacrosse, and field hockey.

• Batting Tunnels: Two power-operated, ceiling-mounted batting cages measuring 70' x 12' x 14' and 55' x 12' x 14'.

• Additional Amenities: A WiFi lounge with comfortable seating and large TVs, two party/meeting rooms with flexible seating, kitchenette, and TV, as well as security and audio systems throughout the facility.

Leadership Team

• Mark Solomon: Founder and Chief Executive Officer. Mark, along with his wife Rachel, identified the need for an indoor sports facility in downtown Philadelphia and spearheaded the development of Phield House.

• Rachel Solomon: Director of Administration. Rachel played a pivotal role in conceptualizing and establishing Phield House, leveraging her background in sports and administration.

Competitor Profile

Market Insights and Dynamics

The indoor sports facility market in urban areas like Philadelphia is characterized by a growing demand for versatile, climate-controlled spaces that can accommodate a variety of sports and fitness activities. Factors driving this demand include:

• Urbanization: Limited outdoor space in city environments increases the need for indoor facilities.

• Year-Round Accessibility: Indoor venues provide consistent access regardless of weather conditions.

• Community Engagement: Facilities that offer diverse programs attract a broad demographic, from youth to adults.

Competitor Analysis

Key competitors in the Philadelphia area include:

• Competitive Edge Sports: Offers a range of sports programs and facility rentals, focusing on youth development and competitive training.

• Northeast Racquet Club & Fitness Center: Provides tennis courts, fitness programs, and swimming facilities, catering to a diverse clientele.

• Old Pine Community Center: Focuses on community engagement through various sports and recreational programs.

Strategic Collaborations and Partnerships

Phield House has engaged in partnerships to enhance its service offerings:

• CEO Camp: A co-branded initiative focusing on creating experiences and opportunities for youth programming, leveraging the facilities and expertise of Phield House.

• Pickleball Clinics: Hosting pickleball clinics in collaboration with local organizations to diversify the sports offerings available to the community.

Operational Insights

Phield House differentiates itself through:

• Central Location: Situated at 814 Spring Garden Street, it is easily accessible via public transportation, car, or bike, with available parking.

• Versatile Facility Design: The column-free, open space allows for flexible programming and event hosting, accommodating a wide range of sports and activities.

• Community-Centric Approach: By offering programs for all age groups and skill levels, Phield House fosters a sense of community and inclusivity.

Strategic Opportunities and Future Directions

Looking ahead, Phield House aims to:

• Expand Program Offerings: Introduce new sports and fitness programs to cater to emerging trends and community interests.

• Enhance Community Engagement: Strengthen partnerships with local schools, organizations, and businesses to increase community involvement.

• Facility Upgrades: Invest in technology and equipment upgrades to maintain a state-of-the-art environment for patrons.

Contact Information

• Website: phieldhouse.com

• Address: 814 Spring Garden Street, Philadelphia, PA 19123

• Phone: +1 215-830-1940

Note: For the most current information, please refer to the official website or contact Phield House directly.