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Play It Again Sports

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Play It Again Sports
4200 Dahlberg Dr., # 100
Minneapolis, MN 55422-4837
800#: (800) 453-7752
Tel: (763) 520-8480
Fax: (763) 520-8501
E-Mail: [email protected]
Web Site: www.playitagainsports.com
Contact: Ms. Kathy Winslow, Franchise Development Coordinator


Our retail stores blend the sale of used and new, name-brand sports equipment along with promoting trade-in discounts. This sales mix creates ultra-high value for the customer while providing significantly higher gross profit margins than traditional retailers.




Franchisor Background


Established: 1983
First Franchise: 1988
Franchise Units: 433
Company-Owned Units: 0
Total Units: 433

Distribution:
U.S. -- 371; Canada -- 62; International -- 0
-North America -- Operations in 47 States, 8 Provinces
-States/Provinces with Greatest Density: 43 in CA, 40 in FL, 24 in MN

Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 5, 4, 2, 2, 2, 4
(Click here for an explanation)

Registered in Following Registration States: All States and AB (Click here for an explanation)
Average Number of Employees: 3 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,500-3,000 SF; SC (Click here for abbreviations)
Encourage Conversion: No


Financial Requirements

Cash Investment: $62-96K
Total Investment: $212-319K
Average Total Investment: $265.5K
Minimum Net Worth: $250K

Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: $500/Yr.

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: No
Size Of Corporate Staff: 97
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 3 Days Minneapolis, MN; 3 Days Minneapolis, MN; 5-6 Days Minneapolis, MN.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: No

Note: NR = No Response by Franchisor.
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