Play It Again Sports
New & used sporting goods/equipmentBackground
Founded: 1983 Franchising since: 1988
Founded 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.
Franchisor has 100 employee(s); 5 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada
Exclusive territories available.
Territory size: 5-mile radius
Founded 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.
Play It Again Sports is owned by Winmark (formerly Grow Biz), which also franchises Music Go Round, Once Upon A Child, and Plato's Closet.
|
605 Hwy. 109 N., # 400 Minneapolis, Minnesota 55441 |
Phone: (800)592-8049/ (763)520-8480 |
Franchisor has 100 employee(s); 5 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 310 | 41 | 0 | 0 |
| 2008 | 337 | 43 | 0 | 0 |
| 2007 | 335 | 40 | 0 | 0 |
| 2006 | 367 | 43 | 0 | 0 |
| 2005 | 366 | 48 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada
Exclusive territories available.
Territory size: 5-mile radius
Costs and Fees
|
Total investment: $229.1K-425.2K Franchise fee: $25K |
Ongoing royalty fee: 5% Term of agreement: 10 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $68.7K-127.6K
Business Experience:
- General business experience
- Marketing skills
Operations
- 20% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 3 - 5
- Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 2 weeks
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- Co-op advertising
- Ad slicks
Rankings
Franchise 500® rank:
#177 (2009); #319 (2008); #254 (2007); #278 (2006); #291 (2005);
Ranked #1 in category in:
2008; 2007; 2006;
America's Top Global Franchises:
#138 (2009); #181 (2007); #199 (2006);
#177 (2009); #319 (2008); #254 (2007); #278 (2006); #291 (2005);
Ranked #1 in category in:
2008; 2007; 2006;
America's Top Global Franchises:
#138 (2009); #181 (2007); #199 (2006);