FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
|Liquid Capital Required:||$90,000 - $105,000|
|Net Worth Required:||$400,000|
|Total Investment:||$268,300 - $391,300|
|Financing:||Via 3rd party|
|Incorporated Name:||Play It Again Sports|
|Home Office:||Minneapolis, Minnesota|
About Play It Again Sports
Giving new life to unused sporting equipment is what it's all about at Play It Again Sports. Our company buys, sells, and trades quality sporting gear and fitness equipment to provide a range of options at a variety of budgets. Offering a wide selection of top name brand sporting equipment at incredible prices is what we do for our customers. Offering an incredible investment opportunity with great income potential backed by a nationally recognized brand and nationwide marketing strategy is what we do for our franchise owners.
Values & History
Founded in 1983 in Minneapolis, Minnesota, Play It Again Sports is a unique retail concept owned by Winmark Corporation, leaders in the retail reselling franchise market. Winmark began franchising the Play It Again concept in 1988, growing the brand to over 300 locations. Today it is the largest new and used sporting goods retailer in North America and continues to be a driving force in the sporting goods industry.
At Play It Again Sports we've carved a spot in the retail marketplace that features virtually zero competition. No other nationwide retailer specializes in buying as well as selling within this market, and because of that, we've created an easily defendable position within the industry. At Play It Again, we've got a strong value proposition: great new and quality used sports and fitness gear at affordable prices, supported by the friendliest and most knowledgeable staff in the retail sporting goods industry.
Purchasing a Play It Again Sports Franchise
Franchise ownership under the Play It Again Sports brand requires prospective candidates to have a minimum net worth of $400,000 for consideration, with access to no less than $90,000 in liquid capital. The total initial investment potential for this opportunity will typically range between $268,300 and $391,300 for most franchisees.
Ideal Candidate & Qualifications
A retail background isn't necessary for Play It Again Sports franchise ownership. Our franchisees are often our customers, from parents and grandparents to sports fans and fitness enthusiasts. This background provides a knowledgeable foundation upon which our franchise owners can build a winning edge toward better understanding the needs of their market.
Training & Support
Our fantastic training program is one of the prime reasons for our brand's nationwide success. Featuring over 75 hours of combined classroom instruction and in-store training, our program covers employee management, merchandising, inventory control, finance, social media, product knowledge, customer service, and store operations to name just a few. Our intensive sessions ensure you'll have the knowledge you need to launch and operate your new store, and our ongoing support system will always be on-hand to provide guidance wherever and whenever you may need it.