Play It Again Sports
Yes, we actively support the inclusion and development of minority-owned franchises in the Play It Again Sports system.
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: pias-franchise-development@playitagainsports.com
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:
> North America -- Operations in 47 States, 8 Provinces
> States/Provinces with Greatest Density: 43 in CA, 40 in FL, 24 in MN
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 3 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,500-3,000 SF; SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $62-96K
Total Investment: $212-319K
Average Total Investment: $265K
Minimum Net Worth: $250K
Fees
>Franchise: $20K
>Average Franchise Fee: $20K
>Royalty: 5%
>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
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 97
On-Going Support: B,C,D,E,F,G,H,I (for an explanation click here)
Training: 3 Days Minneapolis, MN; 3 Days Minneapolis, MN; 5-6 Days Minneapolis, MN.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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