American Poolplayers Association – 2017 Franchise Disclosure Document (FDD)
This is the 2017 American Poolplayers Association Franchise Disclosure Document (FDD). It is a PDF document available for immediate download upon purchase.
“The franchise offered is for the operation of an amateur pool league. The total investment necessary to begin operation of an American Poolplayers Association, Inc. franchise is estimated to be between $20,259.55 – $28,279.55. This includes the initial franchise fee, which is based upon the population within the franchise’s territory ($10,000 plus $500 for every 50,000 people in the territory over 400,000 people) which is paid to us. You should consult ITEMS 5, 6 and 7 in this disclosure document…”
-American Poolplayers Association FDD, May 2017
What is in the American Poolplayers Association 2017 Franchise Disclosure Document (FDD)?
The United States Federal Trade Commission requires all franchisors who sell franchises in the USA to compile an FDD each year which covers 23 key items of disclosure about the franchise opportunity. The FDD is written in a federally mandated format that is standardized for all franchises, must be presented in easily understood language, and typically is 100+ pages in length. This document is required to be given to a prospective franchisee before the franchise agreement is signed or any money changes hands. This document is extremely useful to anyone who is researching the history, inner workings, and other critical information and disclosures about the franchise system.