The Best International Business Opportunities and Franchise Directory
The Best International Business Opportunities and Franchise Directory
Overview
AMERICAN POOLPLAYERS ASSOCIATION OPPORTUNITIES
In 1979, after several years on the professional circuit and with numerous titles under his belt, Terry “Texas Terry” Bell developed an idea for a centrally controlled nationwide amateur pool organization. Bell joined forces with Larry “The Iceman” Hubbart, who was also competing on the professional circuit. Together they founded the American Poolplayers Association, Inc. (APA) in 1981 to act as the sanctioning body of the League. Members participate in annual 8- and 9-ball championships, pay a yearly membership fee to the APA and pay a weekly fee to the League Operator (franchisee) each time they play. As of 2018, the company operates 317 franchises worldwide.
How much does American Poolplayers Association cost?
Boston's Pizza has the franchise fee of up to $10,000, with total initial investment range of $20,763 to $28,648.
Initial Investment: $20,763 - $28,648
ONGOING FEES
Initial Franchise Fee: $10,000
Ongoing Royalty Fee: $2.50+/team/wk.
INITIAL INVESTMENT AND STARTUP COSTS
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee (based on population of territory) | $10,000 | $14,000 |
| Equipment/Computer Software and Hardware | $2,597 | $4,682 |
| Broadband Internet Access (monthly) | $60 | $60 |
| Training Seminar I Expenses | $1,434 | $2,334 |
| 4 Days Additional Training During First Year | $1,056 | $1,956 |
| Real Estate and Improvements | $0 | $0 |
| Initial Inventory | $0 | $0 |
| Insurance | $456.46 | $456.46 |
| Attorney/Accountant Fees | $1,500 | $1,500 |
| Additional Funds - 3 months | $3,000 | $3,000 |
| Estimated total | $20,763.46 | $28,648.46 |
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