APA Profit

Roadking

Roadking

sweet william
Silver Member
My question is what % of the money does the league operator keep?
I figure the league I play in brings in about $70,000 for the year.
(Not including singles & scotch doubles qualifiers through out the year)
So out of the $70,000 he probably pays out $7,200 in prize money,
plaques,patches,& misc. nik naks.
And he pays out $8,800 for teams to go to Vegas.
So that leaves him with $54,000...
What goes in his pocket???
 
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Roadking said:
My question is what % of the money does the league operator keep?
I figure the league I play in brings in about $70,000 for the year.
(Not including singles & scotch doubles qualifiers through out the year)
So out of the $70,000 he probably pays out $7,200 in prize money,
plaques,patches,& misc. nik naks.
And he pays out $8,800 for teams to go to Vegas.
So that leaves him with $54,000...
What goes in his pocket???
Click to expand...

It has been said before Do Not Rob Banks for a Living, or you will go to Prison, better become a Doctor, Dentist, or APA Operator, and have a License to STEAL!:embarrassed2:

Honestly the APA Operator only do what they do because people do not know the NUMBER IMHO!:wink:
 
justadub said:
If your math is right, I hope all of it.
Click to expand...

And then some goes into his gas tank, and into supplies for his business, and into any business licences that he needs, and business insurance that he has to pay, and the computer that he needs to use, and 100 other things that you might not think about.

Bottom line is if he is grossing only 70,000 before he pays out anything, he probably takes home barely enough to live on.

Leagueguy
 
Are you referring to the local pool room guy, or the regional league operator.

Our leagues pay $45/team to play each night...works out to $9 per person who plays that night. The local operator gets $10 of that per team for "green fees"...the other $35 goes to the regional APA operator in Baltimore. I have no clue what portion of that goes on to the National office and what stays at the regional office.

Our regional operator is Terry Justice, and I think he makes a real good living from APA, but it has not always been that way...it took a lot of work and a lot of hours. He also has 15-20 full time staff and a nice building to pay rent on, so there are significant costs and risks involved, too.

Joe
 
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Roadking said:
My question is what % of the money does the league operator keep?
I figure the league I play in brings in about $70,000 for the year.
(Not including singles & scotch doubles qualifiers through out the year)
So out of the $70,000 he probably pays out $7,200 in prize money,
plaques,patches,& misc. nik naks.
And he pays out $8,800 for teams to go to Vegas.
So that leaves him with $54,000...
What goes in his pocket???
Click to expand...



All depends upon how well the LO runs their business. Probably just like any other business, they have to be carefull.
randyg
 
The $54,000 Question

It's $70,000 before payouts.
It's $54,000 after payouts.
And yes it's the regional operator.
He can write off gas, supplies, & misc. stuff. And yes he has to pay tax.
So again here is the question;
If the league operator has $54,000 left over what % goes in his pocket & what % goes to St. Louis?
 
One more thing I'm not trying to bash the APA.
I know it's a buisness & thier out to make as much $$$ as they can.
I'd just like to know how the $$$ is split between the Big Wigs.
 
Don't forget about the cost of buying the league. Operators buy a geographical region. I would image it is hard to borrow the money because you don't have any real collateral. I heard that this can run into several hundred thousand dollars. I also heard the lo selling the league usually carries the note, but there is still a large cost of buying an established league.
 
kaznj said:
Don't forget about the cost of buying the league. Operators buy a geographical region. I would image it is hard to borrow the money because you don't have any real collateral. I heard that this can run into several hundred thousand dollars. I also heard the lo selling the league usually carries the note, but there is still a large cost of buying an established league.
Click to expand...
That brings up another great question "How much does the league cost"?
But let's just say the league is established and payed for allready what % does the L.O. get to Keep?
 
DoubleD said:
Why? This is absolutely none of your business. It isn't a publicly held company, therefore the only people who have a right to know that information is the Big Wigs.

This is stupid.
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Hey what's my buisness is none of your buisness so if this thread
is stupid or wrong it's none of "your" buisness!!!
 
I hope the LO gets to keep a large portion of the money the players keep paying them to do the work necessary to keep up their business.


Roadking said:
My question is what % of the money does the league operator keep?
I figure the league I play in brings in about $70,000 for the year.
(Not including singles & scotch doubles qualifiers through out the year)
So out of the $70,000 he probably pays out $7,200 in prize money,
plaques,patches,& misc. nik naks.
And he pays out $8,800 for teams to go to Vegas.
So that leaves him with $54,000...
What goes in his pocket???
Click to expand...
 
It still amazes me that this subject keeps coming up. My question to the OP is - do you question a restuarant as to how your tab is divided up between corporate and the francise owner? what about the movie theatre? dont go to movies, how about netflix or whatever source for entertainment. when you go to a dealership to buy a new car do you ask how much does the dealer keep and how much goes to the manufacturer? more pool related, when you buy a custom cue do you question the maker as to how much went to wood, how much for linen or tips or ivory or whatever supplies? I equate this to the nfl players demanding to know how much the owners are making, it's none of their freaking business. just shup and play, its what they signed a contract for. APA players agreed to a fee when they join so i dont see why there is such concern over this issue.

BTW, I play APA 2 nights a week, my LO is a great guy. we do not get payouts at the end of sessions, thats ok. it was explained to me at the start and i knew what to expect. He is generous enough to offer a couple of tournaments a year that he adds money to the prize fund. they also furnish trophies and patches and pay for travel expenses to vegas for the qualifying teams. They also just came back from vegas where they were named LO of the year! so congrats Les.

Mike
 
I started this thread cause I wanted to know what % of the profit
a L.O. makes. Not to here every Tom "Dick" & Harry about if it's
my buisness or not!
So if you don't know the answer and just want to complain please
goto a differant thread.
 
The answer is that each LO will make a different percentage, depending on how well he/she runs their business, and how much they decide to put back into their league so far as payouts go. (That differs greatly across the country.)

You really can't come up with a concrete answer, short of going through the process with APA Corporate in the process of purchasing a territory. That is the only way you will get the information that you wish.

I sincerely doubt any LO's will be interested in sharing their costs/profit structure. Like any other business owner. But keep on asking, someone might tell you a number, whether it's accurate or not.
 
For crying out loud

road king just asked a simple question.
That’s what happens on a forum.
If you don’t have any relevant input just move on.
I really don’t care how much l.o’s make.
But i do get enjoyment out of reading different posters views about the subject.

I think it’s great to read thru threads that ask questions other than:
What is the best chalk?
Who makes the best cue?
What cue ball should i use?
And so on & so on.

SLIM
 
Roadking said:
I started this thread cause I wanted to know what % of the profit
a L.O. makes. Not to here every Tom "Dick" & Harry about if it's
my buisness or not!
So if you don't know the answer and just want to complain please
goto a differant thread.
Click to expand...

by posting your question in a public forum you are going to have to "here" from everyone. if you truly seek to know what the profit potential is for an APA LO then i would suggest you contact the national office in St Louis to get your answer. wanting to know what a specific Lo makes is really private information and is not open to public scrutiny.

Mike
 
Roadking here's your answer: 20% of every dollar taken in goes to National APA. In addition, of the $25 membership fee, $17 goes to National & the LO keeps $8. This is all assuming the info I have is correct.
 
mm4pool said:
by posting your question in a public forum you are going to have to "here" from everyone. if you truly seek to know what the profit potential is for an APA LO then i would suggest you contact the national office in St Louis to get your answer. wanting to know what a specific Lo makes is really private information and is not open to public scrutiny.

Mike
Click to expand...
Your right it probably isn't any of my buisness. I've ask my L.O. & mum's the word.
And everyone else I've ask said he probably doesn't make peanuts.
So I figured maybe I'd find a retired L.O. on here that could be of help.
I didn't know it would start such a ruckess.
It seems like some people just search for something to argue about.
 
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