- Traditional location centers: $240,959 - $508,472 1
- Rural location centers: $206,423 - $459,136 2
- Non-Traditional (all venue types combined): $110,049 - $448,918
- Smaller store in store “ non-traditional location ” centers: $80,357 - $216,148 +1, 2
Why has Uy put his PBA franchise up for sale?
Uy has put his PBA franchise up for sale as Phoenix has been having trouble paying its dues to suppliers, specifically ultra bilyonaryo Lucio Tan’s Absolut Distillers which is demanding settlement for its P157 million bioethanol products.
What does PBA stand for?
The Philippine Basketball Association ( PBA) is a men's professional basketball league in the Philippines composed of twelve company-branded franchised teams. Founded in 1975, it is the first professional basketball league in Asia and is the second oldest continuously professional basketball league existing...
How much does it cost to own a franchise?
Typically they can run from 4% up to as much as 12% or more, depending on the type of franchise you own. The royalty fee is where franchisors make their money from their franchisees. You will pay this fee as long as you have the franchise.
What is the website of the Philippine Basketball Association?
www.PBA.ph. The Philippine Basketball Association ( PBA) is a men's professional basketball league in the Philippines composed of twelve company-branded franchised teams.
How long does a franchise last?
What are the obligations of a franchisee?
What is a carstar franchise?
Do franchisees need additional training?
Does franchising offer financing?
Does Franchise Direct sell your information?
Can a franchisee operate a carstar?
See 2 more
What company bought Alaska Aces?
Converge ICTThe Aces last tournament was the 2021 PBA Governors' Cup where they were eliminated by the NLEX Road Warriors in the quarterfinal round in March 2022. The franchise was bought by Converge ICT on March 23, 2022, to become the Converge FiberXers....Alaska Aces (PBA)Alaska AcesFounded1986FoldedSold in 202213 more rows
How many years did the franchise of Alaska team participate in PBA?
MANILA, Philippines — Jeffrey Cariaso, now a coach, and Jeron Teng, a young franchise player, heard the final buzzer as members of Alaska on Saturday night when the Aces made their exit in the Governors' Cup that ended the franchise's glorious 36-year participation in the PBA.
Who is the Commissioner of PBA?
Willie MarcialPhilippine Basketball Association / CommissionerWilfrido "Willie" O. Marcial is a Filipino sports executive who serves as the tenth commissioner of the Philippine Basketball Association. He became the league's officer-in-charge after Chito Narvasa resigned on December 31, 2017. Wikipedia
What team will replace Alaska in PBA?
ConvergeTRANSFER. Converge will continue the legacy of Alaska in the PBA. MANILA, Philippines – Converge is officially joining the PBA as it takes over the Alaska franchise after the Aces bid the league goodbye following 35 storied seasons.
Who buys Alaska franchise in the PBA?
CONVERGE ICT SolutionsCONVERGE ICT Solutions has effectively acquired Alaska's PBA franchise after the league's Board of Governors unanimously approved of the buyout. PBA Commissioner Willie Marcial made the announcement at a press conference on Wednesday at the SM Mall of Asia Arena.
How many PBA teams are there?
twelveThe Philippine Basketball Association (PBA) is a men's professional basketball league in the Philippines composed of twelve company-branded franchised teams.
Who founded PBA?
Emerson CosetengOn January 23, 1975, Mariwasa-Noritake Porcelainmakers' team owner, Emerson Coseteng, together with Carrier Weathermakers, Toyota Comets, Seven-Up Uncolas and Presto Ice Cream announced the formation of the PBA.
Who has the most championship in PBA player?
The San Miguel Beermen have the most PBA championships with 28 titles. The PBA has awarded 44 Philippine Cup titles, 19 Commissioner's Cup titles, and 20 Governors' Cup titles.
What will happen to the Alaska Aces players?
READ: Alaska Aces retire from PBA “If there is no buyer at that time, the franchise will revert to the PBA and pursuant to the bylaws of the PBA, the players will go into a dispersal draft," he added.
Who is the coach of Alaska?
Jeffrey CariasoAlaska Aces / Head coachJeffrey Joaquin Cariaso is a Filipino-American coach and retired professional basketball player. He is the former head coach of the Converge FiberXers of the Philippine Basketball Association. He also played for various PBA teams, mostly with Alaska, for 15 seasons. He is known as "The Jet". Wikipedia
CARSTAR Franchise Costs & Fees
The total investment necessary to begin operation of a conversion CARSTAR franchise is $23,500 to $165,300. This includes $10,000 to $20,000 that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of a new (ground-up) CARSTAR franchise is $298,200 to $804,300. This includes $10,000 to $20,000 that must be paid to the franchisor or affiliate.
Carstar Corporate Office & Headquarters
Note: This is not to be used to contact Carstar Corporate Offices nor is this site affiliated with them in any way. The purpose of this site is supply you with their phone number and address as well as share your thoughts about Carstar. Your review will be posted and available for anyone to read so please keep that in mind when posting personal information.
Calculate Your Costs
PBA is committed to making a premier private school education affordable so you can graduate with a degree and peace of mind! If you are thinking about choosing PBA, use our Net Price Calculator to determine what it might cost to attend PBA.
2021-2022 Fee Schedule
All FULL-TIME UNDERGRADUATE, GRADUATE, EVENING, ONLINE, and INTERNATIONAL PBA students will be required to go through the health waiver process and must either select or decline the PBA Health Insurance coverage. This simple process can be completed by visiting the United Health Care portal.
Other Fees
Note: Coastal Towers parking spaces are only available to residents of Coastal Towers.
Dispersal draft
Marcial said the league is giving Alaska until the end of April to land a buyer of its own, otherwise, if the league makes the sale, the Aces remaining in the team will go through a dispersal draft.
Aces triumph
Alaska import Olu Ashaolu during a game in the 2021 PBA Governors’ Cup. PBA IMAGES
How long does a franchise last?
Term of Agreement and Renewal: The length of the franchise term is 10 years. If franchisees are not in default under the Franchise Agreement and comply with the renewal provisions of the Franchise Agreement, they may renew the franchise for an additional term of 10 years.
What are the obligations of a franchisee?
Obligations and Restrictions: Franchisees must at all times retain and exercise management control over the facility and its business. The general manager (who may be the franchisee) or other managerial personnel must devote full time, energy, and best efforts to the management and operation of the facility.
What is a carstar franchise?
Franchise Description: The franchisor is CARSTAR Franchisor SPV LLC , a direct, wholly-owned subsidiary of Driven Systems LLC. The franchise offered is to operate an automobile collision repair facility identified by distinctive trademarks and service marks, including the name CARSTAR, and utilizing a system of regional marketing, preferred vendor relationships, business and financial analysis, providing services to the insurance industry, to commercial accounts, and to individual automobile owners.
Do franchisees need additional training?
Also, depending on the franchisee’s experience and knowledge, the franchisor may require franchisees and/or their personnel to participate in additional training. Additional training may also be necessary in order to meet requirements established by an insurance company in order to participate in particular programs.
Does franchising offer financing?
Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease, or obligation. Monthly base franchise fee (greater of $1,000 or 1.5% of gross sales) plus monthly growth franchise fee (4% of gross sales).
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Can a franchisee operate a carstar?
Territory Granted: Franchisees may operate a franchised CARSTAR facility only at the location specified in the Franchise Agreement. Subject to the franchisee’s compliance with the Franchise Agreement and any other agreement the franchisor or its affiliates may have with the franchisee, the franchisor will not establish another CARSTAR facility within a one mile radius of the CARSTAR facility (with certain exceptions).
What is the PBA?
For other uses of "PBA", see PBA (disambiguation). The Philippine Basketball Association ( PBA) is a men's professional basketball league in the Philippines composed of twelve company-branded franchised teams.
Where does the PBA play?
The PBA usually plays a doubleheader three times a week in Metro Manila arenas , and a game on Saturdays in the provinces, popularly known as "out-of-town" games.
What is the PBA basketball rules?
The Games and Amusements Board (GAB) has its rules for the size of the basketball court and equipment, which the PBA adapts. The PBA then uses its own set of rules of basketball, independently of FIBA and the NBA. Most non-professional leagues in the Philippines (those not supervised by the GAB) primarily use FIBA rules, so called "amateur rules" in the Philippines, although some still have exceptions.
When did the PBA return to three conference format?
After the appointment of Chito Salud, son of former commissioner Rudy Salud as the commissioner of the PBA, the league returned the three-conference format starting in the 2010-11 season. This also ushered the return of the previously retired conferences, the Commissioner's and Governors' cups.
When did the Alaska Milkmen win the PBA?
By 1993, the league moved to the Cuneta Astrodome in Pasay and later saw the Alaska Milkmen win the 1996 grand slam and nine titles in the decade. From 1999 to 2000, the PBA endured controversy. Several expatriate cagers arrived on the scene (such as Asi Taulava, Danny Seigle and Eric Menk ).
Where was the first NBA game played?
The league's regulations are a hybrid of rules from the NBA and FIBA. The league played its first game at the Araneta Coliseum in Quezon City on April 9, 1975. Its main offices are located along Eulogio Rodriguez Jr. Avenue (C-5 road), Eastwood City, Bagumbayan, Quezon City .
When was the PBA logo created?
The first PBA logo primarily used from 1975 to 1988. The logo is currently being used for the league's marketing materials since 2017. The Philippine Basketball Association was founded when nine teams left the now-defunct Manila Industrial and Commercial Athletic Association (MICAA), which was tightly controlled by the Basketball Association ...
How long does a franchise last?
Term of Agreement and Renewal: The length of the franchise term is 10 years. If franchisees are not in default under the Franchise Agreement and comply with the renewal provisions of the Franchise Agreement, they may renew the franchise for an additional term of 10 years.
What are the obligations of a franchisee?
Obligations and Restrictions: Franchisees must at all times retain and exercise management control over the facility and its business. The general manager (who may be the franchisee) or other managerial personnel must devote full time, energy, and best efforts to the management and operation of the facility.
What is a carstar franchise?
Franchise Description: The franchisor is CARSTAR Franchisor SPV LLC , a direct, wholly-owned subsidiary of Driven Systems LLC. The franchise offered is to operate an automobile collision repair facility identified by distinctive trademarks and service marks, including the name CARSTAR, and utilizing a system of regional marketing, preferred vendor relationships, business and financial analysis, providing services to the insurance industry, to commercial accounts, and to individual automobile owners.
Do franchisees need additional training?
Also, depending on the franchisee’s experience and knowledge, the franchisor may require franchisees and/or their personnel to participate in additional training. Additional training may also be necessary in order to meet requirements established by an insurance company in order to participate in particular programs.
Does franchising offer financing?
Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease, or obligation. Monthly base franchise fee (greater of $1,000 or 1.5% of gross sales) plus monthly growth franchise fee (4% of gross sales).
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
Can a franchisee operate a carstar?
Territory Granted: Franchisees may operate a franchised CARSTAR facility only at the location specified in the Franchise Agreement. Subject to the franchisee’s compliance with the Franchise Agreement and any other agreement the franchisor or its affiliates may have with the franchisee, the franchisor will not establish another CARSTAR facility within a one mile radius of the CARSTAR facility (with certain exceptions).
