Business Description

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

Year Established:  1985

Franchising Since:  1990

Operating Units:
Franchised Units:	11	100%
Company-Owned Units:	0	0%
Total Operating Units:	11	100.0%
Geographic Distribution: U.S.: 11 100% In 6 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 11 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Florida	1
2. Kansas	2
3. New York	2

Registered in Following Registration States: Florida, New York, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$1MM
Cash Investment:	$500K
Total Investment:	$500-750K
Average Total Investment:	$625K
Fees:
Initial Franchise Fee:	$300K
Average Franchise Fee:	$300K
On-Going Royalty:	5%/$25K
Average Royalty:	5%
Advertising Fee:	1%/$3K

Average Number of Employees: 4 Full-time, 15 Part-time

Space Needs (in square footage):

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	4
Specific Industry Experience:	3
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	8
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	At Additional Cost
Field Operation Evaluation:	Included in Fees
Field Training:	At Additional Cost
Initial Store Opening:	At Additional Cost
Inventory Control:	At Additional Cost
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. CT or PA	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 4 U.S.: Yes, All U.S.,East of Miss. Canada: Yes, All Canada Overseas: Yes, Europe, Far East	Request Franchisor Info   Submit an online form to receive information from United States Basketball League.