United States Basketball League
Yes, we actively support the inclusion and development of minority-owned franchises in the United States Basketball League system.
United States Basketball League
46 Quirk Rd.
Milford, CT 06460
800#: (800) THE USBL
Tel: (203) 877-9508
Fax: (203) 878-8109
E-mail: usbl96@aol.com
Web Site: www.usbl.com
Contact: Mr. Daniel Meisenheimer, III, President
The USBL is the first and only sports league structured as a franchisor and the only publicly traded sports league (OTCBB: USBL). The USBL is 19 years old with11 teams and 136 USBL players have made the NBA. Visit the USBL Website at www.usbl.com.
Franchisor Background
Established: 1985
First Franchise: 1990
Franchise Units: 11
Company-Owned Units: 0
Total Units: 11
Distribution:
> North America -- Operations in 6 States
> States/Provinces with Greatest Density: 2 in NY, 2 in KS, 1 in FL
Units Owned by Minorities:
>African-American: 1
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 4 FT, 15 PT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; FS
(for abbreviations click here)
Financial Requirements
Cash Investment: $500K
Total Investment: $500-750K
Average Total Investment: $625K
Minimum Net Worth: $1MM
Fees
>Franchise: $300K
>Average Franchise Fee: $300K
>Royalty: 5%/$25K
>Advertising: 1%/$3K
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements:Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 8
On-Going Support: A,b,C,d,e,f,G,h,I (for an explanation click here)
Training: 2 Weeks CT or PA.
Specific Minority Program(s) in Place: The USBL will provide some financing for qualified minority franchisees. The USBL will also assist in recruiting and training.
Franchisor's Specific Expansion Plans
U.S.: All U.S., East of Miss.
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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