“Gravity Vault, indoor rock-climbing franchise, targeting new facility in Lehigh Valley”

This article focuses on Gravity Vault expanding to Lehigh Valley. Jared Esposito discussed why he decided to go with the Gravity Vault concept and further discussed the real estate process of finding a facility. Lucas and Tim expanded on being named New Jersey Small Business Persons of the Year and further discussed the history of the Gravity Vault Brand. Read the full article here or preview below. 

“Gravity Vault, indoor rock-climbing franchise, targeting new facility in Lehigh Valley”

By: Nick Falsone 

Jared Esposito wants to literally get folks in the Lehigh Valley off the ground, but he first needs to figuratively get his own business plan targeting the region off the ground.

Esposito, of Upper Saucon Township, this month signed a franchise agreement with The Gravity Vault, an indoor rock-climbing facility in New Jersey that has won accolades in the growing rock-climbing community and from business leaders in the state.

The business’s founders, long-time friends Lucas Kovalcik and Tim Walsh, opened their first facility in 2004 in Upper Saddle River, N.J. A second one then opened in Chatham, N.J., but the agreement with Esposito would create the first one west of the Delaware River.

Kovalcik and Walsh, who earlier this year were named New Jersey Small Business Persons of the Year by the U.S. Small Business Administration, say what their facilities offer is far more substantial than the typical indoor rock-climbing apparatus found in some local gyms and collegiate fitness centers. The Gravity Vault will feature at least 30-foot-high ceilings and up to 20,000 square feet of climbable surface, the founders say.

Read full article here.