Play It Again Sports Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

As more pursue an active lifestyle or enjoy doing sports activities, a sporting goods store will become a necessity for certain consumers. Starting a sports goods store may become a challenge considering the competition. Instead, it’s best to find a franchise that might fit your needs. And you can consider Play It Again Sports as one of them.

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Learn more about Play It Again Sports and how much a franchise costs.

Play It Again Sports Franchise Wiki

Play It Again Sports started its operations in 1983 and has been one of the leading brands for Winmark, the franchise group. Their company of brands includes:

• Plato’s Closet
• Once Upon A Child
• Music Go Round
• Style Encore

They sell sports gear and even buy used sports gear from customers. Other than they also offer other services such as:

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• Bike maintenance and repair
• Relacing, regripping, and restringing
• Sharpening, stretching, and baking of skates
• Steaming, sanitizing, and shaping
• Equipment maintenance and repair
• Ski and snowboard repair, adjusting, and waxing

So far, Play It Again Sports has locations in different states in the United States and provinces in Canada.

Play It Again Sports Franchise Benefits

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

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Play It Again Sports Franchise Financial Assistance

The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.

Play It Again Sports Franchise Cost

Name of Fee	Low	High
Initial Franchise Fee	$25,000	$25,000
Fixtures and Supplies	$26,000	$38,000
Signs	$8,000	$12,000
Security System and/or Cameras	$1,000	$4,000
POS (Point-of-Sale) System	$17,900	$20,800
Leasehold Improvements	$5,000	$9,000
Build-Out	$35,000	$50,000
Deposits and Business Licenses	$5,000	$10,000
Letter or Credit	$0	$5,000
Opening Inventory	$90,000	$120,000
Miscellaneous Pre-Opening Expenses	$30,000	$50,000
Rent – First 3 Months	$10,000	$15,000
Additional Funds – 3 months	$30,000	$35,000
ESTIMATED TOTAL	$282,900	$393,900

Play It Again Sports Franchise Training

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The franchisee undergoes three training phases, and the franchisor conducts it in the headquarters, Minneapolis, and at the local level. The duration of the first training phase is five days.

The first phase is called the New Franchisee Orientation Training. Here, the franchisee will learn about management and operations. Plus, there’s also:

• Real estate matters
• Product knowledge
• Business planning
• Used products

Aside from this, the franchisor also requires the franchisee to attend an online financial management class with the third-party vendor.

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The second training phase is called Concept Training. This one will take at least five days to complete. This training session covers the following topics:

• Sales and marketing
• Used product buying philosophy
• Buying and selling
• Inventory
• Store management
• Computer operation

The final training phase is the in-store session, and the location will take place in one of their stores. It will take at least three days to complete.

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Other training sessions include periodic training visits during the first year of the store’s opening. Plus, there would be recommended training sessions conducted by the franchisor.

Play It Again Sports Franchise Territory

All franchisees will receive an exclusive territory. This is done through computer-modeled mapping. Through that, they can identify the boundaries of the exclusive territory, which has a three to five mile radius from the store. Since there’s an exclusive territory, the franchisor will not approve a company-owned or franchised store in the territory. Aside from that, there’s also the development area, which franchisees are free to choose, but with the franchisor’s approval.

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Most metropolitan Play It Again Sports franchisees should have a population of at least 75,000 to 100,000. Meanwhile, other stores may have a minimum of at least 50,000.

Play It Again Sports Franchise Obligations and Contract Terms

If the franchisee is an individual, they must operate the store. They’re not prohibited from running the store while employed by another company.

Those with multiple franchisees may assign a designated manager to run their stores. In any case there’s a designated manager, the managers should also attend the second session of the training.

Meanwhile, if the franchisee is an entity, one individual should have at least 50% equity and voting interest. In this case, they must personally oversee the store.

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The franchisor requires only approved goods and services to be sold at stores. In cases of delivery, the franchisee can only deliver items within the exclusive territory or in nearby areas. The franchisor also prohibits the sale of weapons and other stolen goods. Plus, the franchisees should only use promotional materials that the franchisor approved.

An initial franchise term lasts ten years. But franchisees may renew their franchise for another ten years, provided they meet the requirements.

Play It Again Sports Franchise Requirements

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

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Play It Again Sports Franchise Profit

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

How to Apply For Play It Again Sports Franchise 

To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.

Apply Here

Play It Again Sports Franchise Contact details

Website

https://www.playitagainsports.com

FAQ

Is it profitable or not?

Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.

What is The Difference Between Franchisor vs. Franchisee

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What Is The Difference Between Franchise Vs. Sole Proprietorship

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Conclusion

So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you

Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.

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