PrePlayed Entertainment Group
PrePlayed Entertainment Group
9 W. Aylesbury Rd., # F-G
Timoinium, MD 21093
800#: (866) 640-7529
Tel: (410) 560-0551
Fax: (410) 560-6355
E-Mail: [email protected]
Web Site: www.preplayed.com
Contact: Mr. Ed Gieske, President
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
Established: 2003
First Franchise: 2003
Franchise Units: 5
Company-Owned Units: 0
Total Units: 5
Distribution:
U.S. -- 5;
Canada -- 0;
International -- 0
-North America -- Operations in 2 States
-States/Provinces with Greatest Density: 4 in WI, 1 in PA
Projected New Units Over Next 12 months: 15
Franchisee Qualifications: 5, 3, 1, 3, 1, 5
(Click here for an explanation)
Registered in Following Registration States: FL,HI,IL,IN,MD,MI,MN,NY,OR,RI,VA,WA,WI,DC (Click here for an explanation)
Average Number of Employees: 3 FT, 5 PT (FT = Full Time, PT = Part Time)
Space Needs: 5,000-6,000 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $80-150K
Total Investment: $265-322K
Average Total Investment: $293.5K
Minimum Net Worth: $300K
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 2% + 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/Varies
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:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: NR
On-Going Support: A,b,C,f (Click here for an explanation)
Training: 34 Hours Corporate Store/Headquarters; 87 Hours Corporate Store.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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