American Poolplayers Association
Date Incorporation: 1981
Franchising Since: 1982
Headquarters: Missouri
Description: The franchisor has developed a national amateur pool league operation, and they consider the American Poolplayers Association (APA) to be the "Governing Body of Amateur Pool" in the United States. Central to the national pool league operation are local pool leagues operated by franchisees (also referred to as "League Operators") under the franchisor’s league system.
Franchise Offer: The franchisor offers to individuals, partnerships, corporations or limited liability companies a franchise to operate a pool league within an assigned geographic territory. The franchisee will operate pool leagues in the formats the franchisee designate. The basic formats for league play are the games of 8-Ball and 9-Ball with matches between 5-person teams.
Financial Assistance: The franchisor does not offer any financing, nor do they guarantee any note, lease or obligation.
Training and Assistance: Prior to the opening of the business, the franchisee must attend and complete to the franchisors satisfaction the initial training program for new franchisees. The initial new franchisee training program will be approximately 5 ½ days in duration, consisting of classroom instruction, hands-on training with the franchisor’s FMS computer software system, and an interactive demonstration of league match play.
Territory: The franchisee will be assigned a specific territory, usually delineated by county lines, which the franchisee and APA believe the franchisee will be capable of covering. The (or their manager if they are a corporation, limited liability company or partnership) must permanently reside in the assigned territory. The franchisee’s office may be anywhere within the territory. The franchisor will not license any other person to operate a pool league using their trademarks within the franchisee’s assigned territory.
Term of Agreement and Renewal: The franchise agreement is for a 2 year conditional term. The franchise agreement extends for a 5 year regular term only if the franchisee meets certain requirements during the conditional term. The fee for extension of the conditional term is $250.
Obligations and Restrictions: If you are an individual, you must be the Manager. If you are a husband and wife, one spouse must be designated as the Manager. If you are a partnership, one general partner must be designated as Manager. If you are a corporation or limited liability company, the majority owner must be designated the Manager. The Manager must personally manage the franchised business and assure compliance with the Franchise Agreement and our high standards.
Total Number of Units: 284 units as of the end of 2006
Investment Tables:
Initial Investment:
| Name of fee | Low | High |
|---|---|---|
| Initial Franchise Fee | Based on Population of Territory; Base fee $5,000 | |
| Equipment/Computer Software and Hardware | $2,200 | $3,100 |
| Broadband Internet Access with e-mail account | $30 monthly | $50 monthly |
| Training Program Expenses | $700 | $1,700 |
| 3 Days Additional training during First Year | $450 | $1,350 |
| Insurance | $540 | $600 |
| Additional Funds – 3 months | $3,000 | $3,000 |
| Estimated Initial Investment | $11,920 | $14,740 |
Ongoing fees:
| Name of fee | Amount |
|---|---|
| Audit | Unpaid moneys, interest at 1.5% per month, applicable late fees and costs of audit. |
| Late fees | Unpaid membership fees plus $5 per unpaid member and interest of 1.5% per month (or such lesser amount allowed by law). Past due Royalties or other payment plus $20 per late payment and interest of 1.5% per month (or such lesser amount allowed by law). Late fees may be assessed again with respect to a delinquent amount if such amount is not paid on or before the due date of the next weekly royalty payment. |
| Extension of Conditional Term | $250 |
| Franchise Transfer Fee | $750 |
| 3 Days Additional Training during First Year | The franchisee’s expenses in attending such training. |
| Other Additional Training | The franchisee’s expenses in attending and any training fee we might set (which will be fair and reasonable). |
| Additional Assistance | The franchisors expenses plus reasonable charge for their services. |
| Replacement Fee | $500 for operations manual. |
| Costs and Attorneys Fees | Will vary under the circumstances. |
| Indemnification | Will vary under the circumstances |
The above information has been taken from the UFOC/FDD of American Poolplayers Association
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