VAULT

Private · Master Plan · v1.0
VAULTDECISION LOG

VAULT · Decision Log

Every locked and open call. Chronological. Updated each time the plan moves.


Locked (2026-07-28)

# Decision Rationale
L01 Market: Charlotte flagship Wealth density (BofA, Wells, Truist, Ally), celebrity + athlete pipeline (Hornets, Panthers, NASCAR), CLT hub for talent, 3.5 hrs from Trill’s Alpharetta target, less saturation in the luxury vertical wellness lane than Raleigh.
L02 Brand name: VAULT Pole vault + wealth vault + sanctuary. Monosyllabic, tattooable, scales to national IP (THE VAULT INVITATIONAL).
L03 Founder role: Taj as founder + face + creative director She never opens the doors, covers a class, sets up gear. A GM runs day-to-day. Non-negotiable per standing feedback: no ops delivery/setup.
L04 Trill as CSO Strategy, brand, competition production (via TWG), capital sourcing. No W-2 salary from VAULT, indirect economics via TWG production fees on THE VAULT INVITATIONAL.
L05 TWG as producer of competition IP THE VAULT INVITATIONAL is TWG-produced. This is the flywheel: national IP, streaming, sponsorship.
L06 Capital stance: protect Taj’s cash She has substantial capital but does NOT want to deplete it. Base case Scenario A (lease flagship), Taj initial equity contribution capped at $1.5M. Convert to Scenario B (buy building with debt) in Year 2 if performance supports.
L07 SoftPlay Era: ASAP sunset Fastest reasonable wind-down (60 days target). Wave One founding docs preserved for archive but no new bookings, no new equipment, no new content. Taj pivots full attention to VAULT.
L08 Positioning: gender-neutral luxury “Where athletes train and artists perform.” Not women-only. Pole is a discipline, not a gender.
L09 Standard: 5-star hospitality Aman-level rituals. Prosecco at the door. Concierge greeting by name. Signature scent. Ritual arrival + ritual departure. If it does not meet Peninsula / Aman standard, it does not ship.
L10 Dossier home: ~/Documents/Active_Projects/TAJ_HUB/VAULT_OS/ Under TAJ_HUB alongside SoftPlay Era archive.
L11 Franchise nationally + globally, Y3 launch Franchise is a Y3+ ambition. Charlotte flagship (Y1-Y2) is built and proven first. Franchise-thinking is a design filter throughout so nothing is so bespoke it can’t replicate, but full FDD prep, franchisor infrastructure, and pilot franchisee land in Y3. National scale Y4-Y5. International Y5-Y7.
L12 Franchise governance: VAULT IP LLC owns the system Franchisor entity separate from OpCo, established at founding. Trademarks, SOPs, brand book flow through IP LLC. Royalty stream flows here when franchising activates in Y3. Taj retains creative director veto on all franchised units.

Open (need Trill + Taj input)

# Question Options / notes Blocking?
O01 Charlotte neighborhood target for flagship South End (recommended), Camp North End, Optimist Park, NoDa, Ballantyne. See 04_REAL_ESTATE. Broker LOI (60 day)
O02 Real estate scenario: A (lease), B (buy w/ debt), or hybrid Base rec: A now, convert to B Year 2 Capital stack
O03 Taj initial equity commit amount Confirmed under $1.5M, but exact $ Capital stack
O04 Trill co-anchor commit amount Determines Trill’s founder equity share Cap table
O05 Cap table split at founding Base rec: Taj 60 / Trill 30 / Reserve 10 (option pool for GM + Head of Programming). Adjust for cash contribution. Legal formation
O06 Timing: buildout kickoff month Base rec: LOI signed by 2026-10-01, buildout Q1 2027, soft open Q3 2027, grand open Q4 2027 All downstream
O07 Membership tier naming Access / Studio / Black Card is placeholder. Options in 01_BRAND/04_NAMING. Brand book
O08 GM first vs Head of Programming first hire Rec: GM first, Head of Programming Month 3 Hiring plan
O09 Competition Y1 launch date Rec: Q1 2028, 3-4 months post grand open Competition brief
O10 Digital membership Day 1 or Day 90 Rec: Day 1 waitlist landing + content teaser; full digital membership at grand open Digital platform
O11 Legal counsel selection Charlotte firms: Moore & Van Allen, Robinson Bradshaw, K&L Gates Entity formation
O12 Trademark filing scope US only vs US + international. Rec: US at file, international after Y1 IP strategy
O13 Distribution policy trigger Cash reserve threshold (rec: 6 months opex maintained) Founder distributions
O14 Corporate wellness B2B GTM timing Rec: soft pitch to 3 anchor accounts (BofA, Truist, Ally) pre-open; formal launch Month 3 post-open Marketing launch

Deferred (revisit Y2)

  • Y2 Raleigh corporate-owned Location 2 evaluation (vs first franchise unit)
  • Y2 SBA 504 or CMBS conversion for Charlotte real estate purchase
  • Y2 international competition rights sale exploration
  • Y3 area development agreement (ADA) structure for regional franchisees

Change log

Date Change
2026-07-28 Dossier v1.0 established. L01–L10 locked.