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| PrePlayed Entertainment Group 9 W. Aylesbury Rd., # F-G Timoinium, MD 21093 |
Submit an online form to receive information from PrePlayed Entertainment Group.
|
Business Description
PREPLAYED is a chain of franchised stores that does more than just sell to its customers . . . it also buys directly from them. In fact, the majority of the CDs, movies, video/computer games, electronics and the gear that goes with it, all that we sell, has been obtained directly from our customers. Our stores are the largest retail concept with the greatest product diversity in the pre-owned retail industry and is backed by an experienced team with decades of experience in retail and preowned retail.
Franchisor Background
Year Established: 2003
Franchising Since: 2003
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Average Number of Employees: 3 Full-time, 5 Part-time
Space Needs (in square footage): 5,000-6,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
PREPLAYED is a chain of franchised stores that does more than just sell to its customers . . . it also buys directly from them. In fact, the majority of the CDs, movies, video/computer games, electronics and the gear that goes with it, all that we sell, has been obtained directly from our customers. Our stores are the largest retail concept with the greatest product diversity in the pre-owned retail industry and is backed by an experienced team with decades of experience in retail and preowned retail.
Franchisor Background
Year Established: 2003
Franchising Since: 2003
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 5 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 5 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Wisconsin | 4 |
| 2. Pennsylvania | 1 |
Registered in Following Registration States: Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $300K |
| Cash Investment: | $80-150K |
| Total Investment: | $265-322K |
| Average Total Investment: | $294K |
| Fees: | |
| Initial Franchise Fee: | $25K |
| Average Franchise Fee: | $25K |
| On-Going Royalty: | 4% |
| Average Royalty: | 4% |
| Advertising Fee: | 2% + 2% |
Space Needs (in square footage): 5,000-6,000
Preferred Sites: Free-standing Building, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 1 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 1 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 10 Year(s) | ||||||||
| Term of Renewal Period: | 5 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | Yes, for 1 Year(s) | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | N/A | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | No | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Included in Fees | ||||||||
| Central Purchasing: | At Additional Cost | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Not Applicable | ||||||||
| Initial Store Opening: | Not Applicable | ||||||||
| Inventory Control: | At Additional Cost | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | Not Applicable | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Corporate Store/Headquarters | 34 Hours | ||||||||
| 2. Corporate Store | 87 Hours | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from PrePlayed Entertainment Group.
|
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