How much does it cost to buy a Play It Again Sports?
How much does it cost to buy a Play It Again Sports?
Play It Again Sports has the franchise fee of up to $25,000, with total initial investment range of $251,300 to $378,200. Ad Royalty Fee $1K/yr.
How much do Play It Again Sports owners make?
Play It Again Sports Franchise Owners earn $80,000 annually, or $38 per hour, which is 29% higher than the national average for all Franchise Owners at $60,000 annually and 19% higher than the national salary average for all working Americans.
Is Play It Again Sports a public company?
Specializing in developing franchises for retail stores that buy, sell, and trade new and used merchandise, it is the parent company of Play It Again Sports®, Once Upon A Child®, Plato’s Closet®, Music Go Round®, and Wirth Business Credit®. They have over 800 stores and are publicly traded at (NASDAQ=WINA).
Who is the owner of Play It Again Sports?
Winmark Corporation
Play It Again Sports is a chain of sporting goods stores that buys and sells gently used and new sporting goods, franchised by Winmark Corporation….Play It Again Sports.
Type | Chain store |
---|---|
Founded | 1983 |
Headquarters | Minneapolis, MN , United States |
Website | playitagainsports.com |
Do Play It Again Sports make money?
Below, see some quick facts about our customers, our retail spaces, our inventory, and more. Sales and gross margin: Top Quartile Average Gross Sales: $1,701,390 (2020)* Top Quartile Average Gross Profit: $873,767 (2020)*
How many locations does Play It Again Sports have?
With nearly 300 Play It Again Sports locations in North America, we are the largest new and used sports retailer on the continent.
When did Play It Again Sports start?
1983
Play It Again Sports/Founded
Since 1983, Play It Again Sports has expanded to nearly 300 locations throughout North America and has become a major player in the sports retail industry.
Does Play It Again Sports rip you off?
It depends. We base our buying prices on brand, condition, and demand for the items. Typically we will resell our used items for about 40-60% of what they would sell for new today. You would receive 30-50% of that amount depending on demand, condition, and current inventory levels of like products.
Does Play It Again Sports pay well?
We can pay you on the spot (either cash or a check, depending upon the amount) or offer you a store credit for trade. We also will do consignment on select items. We usually resell our used items for about 40-60% of what they would sell for new today. You would receive 30-50% of that amount.
How many play it again sports are there?
How much money do you need to buy a play it again franchise?
To buy a franchise with Play It Again Sports, you’ll need to have $90,000 – $105,000 in liquid capital and a minimum net worth of $400,000. Franchisees can expect to make a total investment of at least $300,000.
What kind of Business is play it again sports?
Play It Again Sports is your neighborhood sporting goods store offering new and quality used sports and fitness equipment. Our unique business model allows our customers to create their own discount by trading in product they no longer use. What Does a Play It Again Sports Franchise Cost?
How much do franchisors charge for a franchise?
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
What kind of sports equipment does play it again sell?
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.