Play It Again Sports
#269 Franchise 500| New and used sporting goods/equipment

About
Founded

1983

Franchising Since

1988 (32 Years)

Corporate Address

605 Hwy. 169 N., #400
Minneapolis, MN 55441

Leadership

Brett Heffes, CEO

Parent Company

Winmark Corp.

Ticker Symbol

WINA

Financial Requirements
Initial Investment

$282,900 - $393,900

Net-worth Requirement

$400,000

Liquid Cash Requirement

$90,000 - $105,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

$1.5K/yr.

Financing Options

Play It Again Sports has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

18 hours

Classroom Training:

56 hours

Number of Employees Required to Run:

3 - 5

Play It Again Sports is ranked #269 in the Franchise 500!
Bio
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.

Cost
Initial Investment: Low - $282,900 High - $393,900
Units
+3.1%+9 UNITS (1 Year) +4.2%+12 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 29th, 2020