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Play It Again Sports

2014 Franchise 500
#284
At a Glance

Products & Services: New and used sporting goods/equipment

Number of Locations: 300

Total Investment: $249.8K - $407K

Founded: 1983

Began Franchising: 1988

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, Style Encore and Plato's Closet.

Franchise Units

Year U.S. Canadian International Company Owned
2014 265 35 0 0
2013 272 34 0 0
2012 283 36 0 0
2011 304 36 0 0
2010 308 39 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $249,800 - $407,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $74,940 - $122,100
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: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising,

Franchise Ranking History

Franchise 500®: #284 (2014), #258 (2013), #229 (2012), #209 (2011), #201 (2010),
America's Top Global: #190 (2013), #179 (2012), #165 (2011), #156 (2010),