The Picklr closes after a year in The Grove at Newark

The Grove at Newark has lost one of its largest tenants.The Picklr abruptly closed its doors this week, just over a year after it opened."The Picklr Newark community was hands down the best community ever. We wouldn’t have been as great if it weren’t for all the staff and all the members that have come and gone over the year+ we’ve been here. It’s been great," the business posted in a farewell message on social media. "It’s so sad and it stinks that we are now closed as a facility, but the memories and the community are still here to stay."The closure comes a month after the chain of indoor pickleball clubs filed for bankruptcy.Founder and CEO Jorge Barragan told Sports Business Journal that some of the company's financial issues trace back to its decision to be a guarantor for facility lease payments for approximately 40 of its franchisees.“We signed, unfortunately, too many corporate guarantees that landed on the holding company. And that’s on us.

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