Play It Again Sports Franchise
To buy a franchise with Play It Again Sports, you'll need to have at least $90000 in liquid capital and a minimum net worth of $400000. Play It Again Sports charges a franchise fee of $25000.
Franchisor Details
Total Units: 299
Year Founded: 1983
Franchising Since: 1988
Home Office: Minneapolis, Minnesota
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $90,000
Net Worth Required: $400,000
Total Investment: $268,300 – $391,300
Franchise Fee: $25,000
Royalty Type: 5%
Vetern Discount: No
*Play It Again Sports is currently accepting inquiries from the following locations: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
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.
Industry Performance
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.
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.
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.
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.
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