Play It Again Sports Franchise Opportunities
Play It Again Sports is owned by Winmark (formerly Grow Biz) and operates as a sport goods retailer. Under Play It Again Sports brand stores buy, sell, trade, and consign used and new sporting goods, equipment, and accessories for various athletic activities, such as team sports, fitness, ski/snowboard, golf, and others. The company was founded in 1983 and is based in Minneapolis, Minnesota.
Play It Again Sports also provides franchise opportunities. As of 2018, the company operates 36 franchises in the United States.
How to open a Play It Again Sports franchise?
- Ensure you have adequate capitalization.
In order to open a Play It Again Sports franchise, you must have a net worth of more than $350,000.
- Appreciate the investment required for a store franchise.
You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Play It Again Sports franchise owner.
- Assess market availability.
You will want to look at the market availability for Play It Again Sports franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Play It Again Sports franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Play It Again Sports franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners and after been chosen you'll become an official member of PIAS family.
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How much does Play It Again Sports franchise cost?
Play It Again Sports has the franchise fee of up to $25,000, with total initial investment range of $251,300 to $378,200.
Initial Investment: $251,300 - $378,200
Net-worth Requirement: $350,000
Liquid Cash Requirement $105,000
Initial Franchise Fee $25,000
Ongoing Royalty Fee 5%
Ad Royalty Fee $1K/yr.
Are you interested in starting Play It Again Sports Franchise in the USA, Canada or another country?
We provide estimated franchise costs for some countries:
- In the United States, the total investment to start the Play It Again Sports store is around $251,300 to $378,200.
- In Canadian currency, the investment comes around Can$ 317,700 to Can$ 478,200.
On-The-Job Training: 21.5 hours
Classroom Training: 56.5 hours
Number of Employees Required to Run: 3 - 5
Play It Again Sports Franchise Owner Testimonial:
Play It Again Sports Franchise Info: https://www.playitagainsports.com/own-a-store
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