#229
At a Glance
Products & Services: New & used sporting goods/equipment
Number of Locations: 340
Total Investment: $236.4K - 374.5K
Founded: 1983
Began Franchising: 1988
Public Owned WINA
About Play It Again Sports
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.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 304 | 36 | 0 | 0 |
| 2010 | 308 | 39 | 0 | 0 |
| 2009 | 310 | 41 | 0 | 0 |
| 2008 | 337 | 43 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $236,400 - $374,500
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $70,920 - $112,350
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).How This Franchise Supports Franchisees
Training: 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,