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Home > Franchises > Play It Again Sports
Play It Again Sports
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers. Play it Again Sport was established in 1983. Play It Again Sports buys and sells new and used sporting goods. Stores carry items like golf clubs and bags, baseball bats and gloves, in-line and ice skates and fitness equipment. For over 20 years, Play It Again Sports has been the preferred store of value-conscious consumers because they buy, sell and trade used and new sports equipment and gear. Because their customers can sell or trade in their quality used sports gear for cash or store credit, they are able to get deeper discounts and better prices on really great used and new equipment. Their stores are individually owned and operated by moms and dads just like you who understand money does not grow on trees. But because kids grow, their equipment needs change every year which is why used sports gear makes so much cents and their new sports gear provides ultra high value. All Play It Again Sports stores are locally owned and operated businesses. Play It Again Sports started franchising in 1988. Franchisor has 100 employees and 5 employees in franchise department. Play It Again Sports is owned by Winmark, which also franchises Music Go Round, and Plato’s Closet. The total investment for this franchise varies from 190,200 to 351,500 dollars, with franchise fee of 20,000 dollars. The ongoing royalty fee is of 5 percent. The term of agreement is of 10 years and is renewable. The renewal fee is 5,000 dollars. The company was ranked 278 in 2006, 291 in 2005, 223 in 2004, 221 in 2003 and 234 in 2002 by franchise 500 ranks.
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