Play It Again Sports

Play It Again Sports? offers value-conscious buyers a wide selection of name-brand new and quality used sports and fitness equipment in sizes to fit everyone from Little Leaguers to Major Leaguers.

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Play It Again Sports

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Play It Again Sports Franchise Cost and Requirements for 2022

Background

Steps to Ownership
Acquiring Your Play It Again Sports? Franchise

Becoming a franchisee is a big decision and requires careful consideration by all parties before the partnership is cemented. At Winmark?, we endeavor to get to know our potential franchisee partners thoroughly, but also to give them the opportunity to learn about us and our almost 30 years of franchising success.

Meeting the Requirements
The first step toward owning your own Play It Again Sports franchise is submitting our qualification form. This requires basic information about you and the location you're interested in owning a franchise. It's important to note that, even at this early stage, it's recommended that candidates make sure they meet the financial requirements for owning one of our Play It Again Sports stores.

The financial requirements are:

  • $105,000 in cash or liquid assets
  • Approximately $350,000 initial investment


If you do not meet these requirements, it does not automatically disqualify you, as you may have access to capital through family or friends. We have many partnerships in our business from family members to friends and other business associates. In addition, our reputation as a national franchisor with decades of success allows many of our prospective franchisees to secure the loans they need to satisfy the initial investment.

Get to Know Us Better
Once you have been financially approved, it's time for you to learn more about what owning a Play It Again Sports franchise is actually like! Winmark can help you coordinate visits with established franchisees to ask them questions and get a firsthand experience browsing their stores.

After your franchisee visits, Winmark will extend you an invite to our Discovery Day in Minneapolis. Here, our candidates will meet with the Play It Again Sports team they'll be working with that will support them with all store operations. You'll speak with our experts in operations, training, marketing, real estate and more to learn what goes into running a successful Play It Again Sports franchise.

Joining Our Team
After Discovery Day, Winmark will decide on final approval. If chosen, you'll become an official member of our family! We'll work with you to get our franchise agreements in order and after that, we will streamline the training process. It will take several months to hold your grand opening, but in the meantime, we'll be working with you to ensure that you have the knowledge and tools you need to make your Play It Again Sports store a success!

Company Details

Established: 1983
First Unit Franchised: 1988
Franchised Units: 280
Company Owned Units: 0
States Registered In: All
Canada Franchises: Yes
International Franchises: No

Support and Training Offered By Play It Again Sports

Financial Assistance Provided: Yes
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: NA
Co-Operative Advertising: Yes

Training: Winmark conducts its 2-part training program at Winmark's training center in Minneapolis. The training program is typically offered 11 times per year. The first session of the training program, New Franchisee Orientation Training (NFOT), covers several aspects of management and operation of a franchised retail business, including real estate matters, business plan development, buying used and new products, Winmark's service vendor program and other topics Winmark may select.

The first session will take place over a period of 5 days. At NFOT, you will be required to participate in an online financial management course conducted by Winmark's third party vendor. This course will educate you on how to understand your financial statements and utilize the information to build your business.

The second session of the Play It Again Sports? training program, Concept Training, is attended when financing, lease and the online financial training program are complete. It is conducted over a period of at least 5 days and will include instruction on sales, customer service, marketing, advertising, computer operation and store inventory, staff and financial management, as well as topics Winmark may select.

Other Info: Play It Again Sports ranked #381 in Entrepreneur Magazine's 40th Annual Franchise 500 

Top Quartile Average Gross Sales: $1,437,060 (2019)*
Top Quartile Average Gross Profit: $735,693 (2019)*

Average Gross Sales Chart: 

  • 2002 -  $581,590
  • 2006 ‐ $685,672
  • 2010 ‐ $733,299
  • 2014 ‐ $769,008
  • 2019 ‐ $814,812

Real Estate: 3,000-3,500 square feet 

Our Buyers Certification Program focused on acquiring quality used sports and fitness equipment
Our used and new inventory assortment that changes daily and provides our customers the complete solution for their sports and fitness needs
Our partnerships with third-party vendors
Our unique, competitive niche in the retail marketplace
Our proprietary point-of-sale software that determines resale pricing
Our cloud-based online reporting system that allows for remote access
Our 100% franchised system that puts an emphasis on franchisee support
Our robust support infrastructure that helps all franchisees perform at their very best
Our willingness to work with first-time franchisees and family teams who are passionate about making their business a success



*The Average Store numbers are the 2019 Average Gross Sales and Average Gross Profit amounts stated in Item 19 of the 2020 Music Go Round? Franchise Disclosure Document (as reported by the 33 stores that had been in operation at least one year as of December 28, 2019). Of the 33 reporting stores, 15 or 45% of the stores attained or exceeded the Average Gross Sales and 14 or 42% of the stores attained or exceeded the Average Gross Profit. The Top Quartile Average Gross Sales and Average Gross Profit only relates to 8 of the reporting Music Go Round? Stores who ranked in the top 25% of the gross sales range. Of the 8 reporting stores in the top quartile, 3 or 38% of the stores attained or exceeded the top quartile Average Gross Sales and 4 or 50% of the stores attained or exceeded the top quartile Average Gross Profit. A new franchisee's results will likely differ from these results.


2022 Franchise Requirements Needed to Own a Play It Again Sports Franchise.

What does a Play It Again Sports Franchise Cost?

Play It Again Sports franchise fees for 2022:

Cash Investment: $90,00-$105,000
Total Investment: $282,900-$393,900
Minimum Net Worth: $400,000
Franchise Fee: $ 25,000
Royalty: 5%
Ad: 0
Average Number of Employees: 6-8
Item 19: Yes
visa-candidates: No
Passive Ownership: No
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No

Is Play It Again Sports a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Play It Again Sports is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Play It Again Sports a Home Based franchise?

No. Play It Again Sports is not a home based franchise opportunity.

What Do Play It Again Sports Franchise Owners Make?

Click here to find out how much Play It Again Sports franchisees make. Play It Again Sports offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Play It Again Sports a Master Franchise Opportunity?

No. Play It Again Sports is not a master franchise opportunity.

Does Play It Again Sports Offer a Veteran Discount?

No. Play It Again Sports franchise does not offer a veteran discount.

Does Play It Again Sports Work with E2 Visa and EB-5 Visa Candidates?

No. Play It Again Sports franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Play It Again Sports Looking for Franchisees in Canada?

Yes. Play It Again Sports franchise is looking for Canada franchisees.

Is Play It Again Sports Looking for International franchisees?

No. Play It Again Sports franchise is not looking for International franchisees.

Additional Information

Additional Categories

Child Related, Fitness, Green & Eco Friendly, Miscellaneous & Unique, Retail, Sports

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

No

Play It Again Sports Franchises for Sale

Click Here to inquire about existing Play It Again Sports franchises for sale. We may have Play It Again Sports franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.