PLAY IT AGAIN SPORTS – Purchasing a Play It Again Sports Franchise Today
What do you think always happens to all those sporting equipment that were made but never used. Thrown into a recycling van or what? Well, that’s not what really happens as Play It Again sports comes to the rescue here.
Giving new life and value to used sporting equipment is what plays it again sports is all about. This company buys, sells, and trades quality sporting equipment and gear, providing a range of products for various budgets.
At Play It Again Sports, a wide selection of notable brand sporting equipment is offered at an affordable price to customers. Also, amazing opportunities with high-income generation potential packed by recognized brands and marketing strategies are provided for ‘play it sport’ franchise owners. Let’s have a quick look at the history of Play it again sports here for a sec.
History of Play It Again Sports
Play it again sports came into being in Minneapolis, Minnesota, in 1983. It vastly became the flagship franchise brand for Winmark, which is currently the leader in the retail resell franchise market. Winmark started franchising the Play It Again concept in 1988, thereby boosting the brand and spreading it to over 3000 locations. Currently, it’s the biggest new and used sporting goods retailer in North America and continues to serve a major role in communities in North America.
Business Performance Over The Years
How large do you think the sports industry is? Well, in 2016, the sales of sporting goods, footwear, equipment, and fitness equipment were estimated to be around $ 8 billion in the US alone. Over the past 40years, the Play It Again brand has had a popular hold in this niche due to its engaged approach to franchising stores and amazing customer service. It’s a niche with virtually less competition as no other national retailer deals with buying and selling within this market.
What Differentiates Play It Again Sports from Others?
With over 400 stores in the US and 43 in Canada, Play It Again stores are undoubtedly the biggest new and used sports retailer on the continent. The Play It Again Brand is different from the competition because;
- Provides customers satisfaction in the sports and fitness aspect.
- Supports on-spot payments for customers’ quality used sports and fitness equipment.
- Exclusive customer support
- Locally owned and operated. Play It Again Sports partners with franchises with a high flare for sports in their community and can easily engage with customers.
Purchasing a Play It Again Sport franchise
Purchasing a franchise with Play it again sport requires the candidate to have a net worth of around $400,000 for consideration with at least $90,000 in liquid capital. It charges a franchise fee of $25,000. Below is the table stating the basic franchise cost.
|
Liquid capital needed |
$90,000 |
|
Networth needed
|
$400,000 |
|
Total investments |
$268,300 – $391,300
|
|
Franchise fee
|
$25,000 |
|
Royalty type |
5%
|
|
Financing
|
Via 3rd party |
|
Vertern discount |
No.
|
Where Can I Buy Play It Again Sport’s Franchise?
Given below are valid locations Play It Again Sports are accepting inquiries.
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, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.
