Play it Again Sports – New & Used Sporting Goods
Play It Again Sports is a chain store in the United States that buys and sells new and used sporting goods. Founded in 1983 by Martha Morris, the company has grown to many locations. In 1988, it was purchased by Winmark Corporation. The company has been around for a long time, with more than 30 locations in the United States.
Trade-in and layaway programs
Trade-in and layaway programs at Play It Again Sports are two options for sports enthusiasts who can’t afford to buy a new fitness or sports equipment right away. The company is an American franchise with over 300 locations nationwide and sells new and used fitness equipment and sports gear. It is a member of the National Sporting Goods Association and the Better Business Bureau. They offer competitive prices for new and used equipment.
While many stores have trade-in and layaway programs, they require a minimum purchase to participate. In addition, layaway programs are not as flexible as layaway programs for other items. Some stores have strict payment terms that can make it easy to overspend. Typically, layaway programs require an amount that is equal to half the cost of the item.
Limited entry to store
Play It Again Sports is part of a nationwide franchise, with four locations in our area. It specializes in selling and buying used sports equipment. The store claims to have deeper discounts and better prices than comparable stores, but a quick visit to the store will reveal that its staff isn’t always friendly or helpful.
The closure is a huge blow for the Saco community and the sporting goods community in Maine. The stores have been a lifeline for families on a budget, allowing them to get the right equipment for their children without breaking the bank. And, sadly, the news comes just as school sports start up again.
Cost to open a store
The cost to open a store at Play It Again Sports varies depending on several factors. First, there’s the initial franchise fee. This fee covers the initial costs of goods and services, including the point-of-sale system and proprietary software. For a new franchisee, this fee is $25,000, while existing franchisees pay $15,000 for an initial franchise fee.
Play It Again Sports will also require you to spend at least 2% of gross sales on advertising. This cost is not included in the asking price of the store, but is worth $215,000 at cost. The company also requires that you invest in cooperative and local advertising. Play It Again Sports has a great reputation for offering quality products and great value.
As a franchisee, you’ll enjoy the opportunity to pursue your passion for sports and build a strong business in your community. In addition, the company is family-friendly, with an emphasis on providing quality sports equipment at affordable prices. With over 300 locations in the U.S., Play It Again Sports offers a comprehensive selection of new and used sports equipment.
In addition to the franchise fee, there are startup costs, such as working capital and property. You can also choose a location in a large city, such as Minneapolis. Play It Again Sports franchisees can share their tips and insights on owning a successful Play It Again Sports location.
After completing the franchise agreement, franchisees will need to select a location, design the store, and hire a marketing firm. Franchisees are provided with comprehensive training and support to help them operate their stores efficiently. The company will also provide ongoing support for their stores.
Play It Again Sports franchisees typically have previous business experience and are sports fans. These traits provide a valuable pool of expertise that will help them better serve their customers. The company has been around for nearly four decades and is a top choice for many franchisees. In addition, its brand name is well-known and well-liked by customers.
In addition to the initial franchise fee, franchisees must undergo periodic modernization. Modernization may include repainting the store, replacing fixtures, and installing signage. Franchisees are also required to undergo periodic training visits.
Training for franchisees
Training for Play It Again Sports franchisees consists of a minimum of 65 hours of classroom training and hands-on experience in the stores. During this time, you’ll learn about the brand’s history, how to buy used products, how to run a store, and how to manage your employees and inventory. Additionally, you’ll receive periodic follow-up visits from franchise owners.
After completing the training program, the franchisee will have to select a location. Once the location is chosen, you’ll be provided with assistance in marketing and building the store. Once the store opens, the Play It Again Sports team will help you with store operations and marketing. Franchisees may also be required to attend a second session of training for new stores.
Play It Again Sports franchisees receive extensive training and support from the parent company, Winmark. This training program includes 65 hours of classroom and hands-on classroom instruction, as well as merchandising and advertising. Franchisees must spend a certain minimum amount on advertising each calendar year. The annual contribution to cooperative advertising programs must not fall below 5% of gross sales.
A Play It Again Sports franchisee will be assigned a territory of three to five miles. This territory is based on a computer-modeled map. The territory should be located in an urban area with a population of 75,000 or more. Franchisees cannot open a franchise in a rural area.
If you’re interested in becoming a Play It Again Sports franchisee, the first step is to apply for the franchise. You’ll need to complete an application form and pay an initial franchise fee of around $25,000, plus royalties and marketing fees. After the financial check is complete, you’ll be approved and become a member of the Play It Again Sports family. A Play It Again Sports franchise fee may cost you as little as $251300.
Training for Play It Again Sports franchisees includes a comprehensive training program and hands-on experience. It offers a full 18 hours of classroom training and 56 hours of on-the-job training. Franchisees also receive ongoing support, and Play It Again Sports will help them become successful business owners.