If you want to Start a pool table business in Kampala, Uganda, It will involve obtaining the necessary trading license and considering factors like location and cost. The Kampala Capital City Authority issues trading licenses for pool tables, with fees varying based on business grade. Factors to consider include location, population of the people , and the cost of a pool table.
Obtaining a Trading License:
- Purpose: Regulatory.
- Required: You need a trading license to operate a pool table business legally in Kampala, according to businesslicences.go.ug.
- License Grades and Fees: The license fees vary based on the business grade, with different costs for Grades I, II, III, and IV.
- Processing Time: The maximum processing time for a license application is 2 days.
- Payment: Payments can be made online via eCitie.
- Legal Basis: The license is governed by the Trade (Licensing) (Grading of Business Areas) Instrument, 2017, and the Trade (Licensing) (Amendment of Schedule) Instrument, 2017.
Factors to Consider:
- Location:Choosing a high population area or place with many people is crucial for maximizing customer potential and profits.
- Cost:The initial cost of a pool table can be substantial, but a well-maintained and serviced pool table can generate good returns, especially if it’s coin-operated.
- Maintenance:Proper maintenance is important to ensure the longevity and functionality of the pool table.
- Potential for Revenue:Coin-operated pool tables can generate income per game, with the potential for significant returns in high population with many people in the areas.
Additional Tips:
- Color and Style :You can choose from various table cloths like speed cloth and styles to match your business
- Look for Potential : Consider the growing global pool table market in uganda , which is projected to continue expanding in the future
- Explore Different Business Models: We provide coin-operated tables, you could also offer private games or even host tournaments to attract customers and generate revenue and money .
