• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
SuccessSmall Business

From Bluestone to backhands: The serial founder betting suburban luxury can make padel America’s next big club sport

By
Alexandra Kirkman
Alexandra Kirkman
Down Arrow Button Icon
By
Alexandra Kirkman
Alexandra Kirkman
Down Arrow Button Icon
October 29, 2025, 10:00 AM ET
Jon Krieger cofounded Padel United Sports Club.
Jon Krieger cofounded Padel United Sports Club.Courtesy of Padel United Sports Club

While Jon Krieger has an eye for opportunity as a serial entrepreneur, his latest venture was fueled by a lifestyle change he never saw coming: a move to the suburbs that laid the foundation for his foray into the world’s fastest-growing sport.

Recommended Video

As founder of Padel United Sports Club, he’s leading the charge to bring the red-hot racket sport to the U.S. at a premium level. The club, which opened last January in Tenafly, N.J., and now numbers north of 200 members, is quickly becoming a community hub—a model that Krieger is eager to replicate as padel’s profile prepares to skyrocket stateside.

A born-and-bred New Yorker, he got his start in commercial real estate in the early 2000s, advising enterprising retailers, including SoulCycle, on their rollout strategies. After eight years, he jumped into the retail game himself.

“I transitioned from advising entrepreneurs to becoming one,” Krieger says.

He started building quick-serve restaurant concepts, and eventually cofounded Australian-style coffee brand Bluestone Lane, growing it to some 25 locations before exiting the business in 2018. By then, he’d built a portfolio that included an array of food, fitness, and wellness concepts, including a Brooklyn brewery—until the onset of COVID in March 2020 stopped him in his tracks.

“Some brands ended right there, and some were sold,” he recalls. “I found myself with a good two years to decide what I wanted to do next.”

A big move and a new challenge

Like many New Yorkers, Krieger and his family left the city and moved to Tenafly, an affluent enclave just 15 minutes west across the Hudson River.

“I never in a million years thought I’d live in a suburb, let alone New Jersey,” he says.

While he fell for his new neighbors right away—“a very mixed demographic where everyone’s in their forties with kids and runs some kind of company”—the downtown left much to be desired.

“It was like someone just stopped trying in 1985,” says Krieger. “I couldn’t understand why. My entire career had taught me that if you have a captive audience with disposable income, you just need to build something great, and then the rest plays out.”

He soon discovered Tenafly’s suboptimal social scene owed in large part to an entrenched local bureaucracy that resisted change.

“In today’s world, if something isn’t growing, it’s dying,” he says. “Everyone I met here used to live in the city, and complained about spending $50,000 a year in taxes while having nowhere to go in town.”

Keen to change that, Krieger dove into politics. He ran for president of the Tenafly Chamber of Commerce and won, and helped two like-minded neighbors win seats on the city council. Then he transformed an abandoned building in town—a historic landmark and “test case for what could be”—into Spring House, a high-end Italian restaurant that opened in 2022.

“People were so excited,” he says. “It was clear there was a market here for community-minded, high-touch premium experiences.”

A timely opportunity

The padel idea dawned soon after. Krieger had been approached more than once about opening a pickleball concept and declined—“I’m not a fan”—but what he’d heard about the lesser-known racket game piqued his interest.

“Besides being the world’s fastest-growing sport, padel is incredibly dynamic, addictive, and easy to learn,” Krieger says.

The numbers illustrate the opportunity. In 2024, 3,282 new padel clubs opened globally—a 26% increase over 2023, according to Playtomic. Some 30 million people currently play padel in more than 140 countries worldwide. Today, there are around 700 padel courts in the U.S., and some 100,000 players—figures projected to soar to 30,000 and 10 million, respectively, by 2030.

Krieger and his Padel United cofounder, Benji Markoff, were sold.

“We were aligned in our mission to build a place that would facilitate community,” he says, “and also would be somewhere where we’d want to spend time.” 

He and Markoff found a nearby warehouse for rent, signed a lease, and got to work. Last January, Padel United opened with six indoor courts and top-tier wellness amenities including a sauna, steam room, hot and cold plunge pools, and a 40-foot indoor mineral pool. There’s also a café, communal work areas, and private event spaces.

Krieger’s goal is to hit 400 members by year’s end—and while they’re already eyeing their next move, Krieger is in no rush.

“We absolutely have plans to expand, and we’ll start getting serious about that in the first quarter of 2026,” he says, citing Westchester, Long Island, and Connecticut as priorities. “We’re not signing leases until we have a perfect playbook in place. The in-person, physical hospitality market is very fragmented, and we see a clear need for a central, trusted ecosystem—that’s really our thesis here.”

Slow and steady wins the race 

His advice for other entrepreneurs dovetails with this measured approach.

“Don’t expand until you’re profitable—that’s number one,” says Krieger. “And stay humble, don’t be impulsive, and be quick to pivot. Every time I haven’t taken this advice is when I’ve gotten pretty beat up.”

There also aren’t any shortcuts to success.

“It doesn’t matter how smart you think you are—any new venture requires iterations and adaptations every day for at least the first 12 to 18 months,” he says. “Nothing happens easily—you need incredible partners, timing, strategy, market fit, and a lot of hard work.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By Alexandra Kirkman
See full bioRight Arrow Button Icon

Latest in Success

Zhenghua Yang
SuccessSmall Business
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
5 hours ago
AIBrainstorm AI
‘Customers don’t care about AI’—they just want to boost cash flow and make ends meet, Intuit CEO says
By Jason MaDecember 9, 2025
18 hours ago
Sam Altman (left) with Jimmy Fallon
Successthe future of work
Even the man behind ChatGPT, OpenAI CEO Sam Altman, is worried about the ‘rate of change that’s happening in the world right now’ thanks to AI
By Preston ForeDecember 9, 2025
23 hours ago
Gen Z engineering apprentice
SuccessGen Z
With millions of Gen Zers unemployed globally, the U.K. is investing $965 million to get young people working in AI, hospitality, and engineering
By Emma BurleighDecember 9, 2025
23 hours ago
A man and a woman look at paperwork together
Real EstateHousing
You’re probably $30,000 short of what you need to buy a house—and you’re not alone
By Sydney LakeDecember 9, 2025
23 hours ago
Businesswoman shaking hands with a businessman
Successthe future of work
Skills are the new hiring currency: 86% of employers say certificates show real job readiness
By Preston ForeDecember 9, 2025
1 day ago

Most Popular

placeholder alt text
Economy
‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in a K-shaped economy 
By Eva RoytburgDecember 9, 2025
17 hours ago
placeholder alt text
Success
When David Ellison was 13, his billionaire father Larry bought him a plane. He competed in air shows before leaving it to become a Hollywood executive
By Dave SmithDecember 9, 2025
1 day ago
placeholder alt text
Banking
Jamie Dimon taps Jeff Bezos, Michael Dell, and Ford CEO Jim Farley to advise JPMorgan's $1.5 trillion national security initiative
By Nino PaoliDecember 9, 2025
19 hours ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
14 days ago
placeholder alt text
Economy
The 'forever layoffs' era hits a recession trigger as corporates sack 1.1 million workers through November
By Nick Lichtenberg and Eva RoytburgDecember 9, 2025
24 hours ago
placeholder alt text
Success
Even the man behind ChatGPT, OpenAI CEO Sam Altman, is worried about the ‘rate of change that’s happening in the world right now’ thanks to AI
By Preston ForeDecember 9, 2025
23 hours ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.