Play It Again Sports is a retail chain of sports stores that are operated by Winmark Corporation. The stores are open seven days a week and buy and sell both new and used sporting goods. The stores also offer cash-on-the-spot transactions for sporting goods. To open a Play It Again Sports franchise, you must live in a city with a population of at least 50,000 people. This requirement is more stringent than the other types of franchising requirements, however.
Winmark Corporation is the franchisor of Play It Again Sports
A leading sports retailer, Play It Again Sports was founded in 1983 in Minneapolis, Minnesota. The company has since become one of the largest in North America, with over 410 locations as of 2005. It is a unique retail concept, blending new and used name-brand sporting goods. It began franchising in 1988 and has since grown to more than 300 locations. In recent years, it has expanded into online sales and the development of physical retail locations.
The franchise model works by buying used and new sports equipment from sports enthusiasts. The stores stock items like golf clubs, baseball bats, gloves, fitness equipment, and more. They also accept trade-ins of used equipment. Often, the franchisees are customers themselves, which gives them a wealth of knowledge and expertise that can help them better serve their customers. With nearly three decades of success, Play It Again Sports has become an industry leader and has been recognized as a top franchise in many industries.
Stores are open seven days a week
The operating hours of Play It Again Sports are generally the same Monday through Friday. The hours of operation for individual Play It Again Sports locations can differ slightly. They usually open at 10 am and close at 7:30 pm, depending on the location. However, they are closed on major national holidays, including Thanksgiving, Christmas Day, and Easter Sunday. If you are wondering if Play It Again Sports is open seven days a week, here are some important facts to know.
When visiting a Play It Again Sports store, make sure to ask about the hours of operation. During holidays and special sales, many locations are closed or have limited hours. During “open” holidays, many locations are open late or close early. On the other hand, Black Friday is an exception. In the event of a holiday, it is recommended to call ahead to find out if the store is open or closed. This will save you time and gas on a trip to a store that may not be open at all.
They buy and sell used and new sporting goods
If you’re looking for a recession-proof business opportunity, franchise may be the right choice. This brand offers new and used sports equipment and accessories for a variety of sports. It has grown to nearly 300 locations in the U.S., including a store in your local mall. As part of the Play It Again Sports brand, franchise owners can also offer industry-leading brands and the widest selections of new and used sporting goods.
A Play It Again Sports franchisee’s average gross sales for each store are based on average sales in the previous year. As of the end of September 2018, only two percent of
stores had exceeded average gross sales in each year. However, this does not mean that Play It Again Sports stores are underperforming. According to its franchise disclosure documents, 98 percent of its stores were underperforming in the first quarter of 2019 and 100 percent of its stores will exceed the average gross sales figure in each of the following three years.
They offer cash on the spot
While Play It Again Sports may seem like a great concept, there are a few major flaws. The company requires its franchisees to pay an Initial Franchise Fee and maintain a proprietary software and point-of-sale system, which covers the cost of the inventory. Moreover, Play It Again Sports does not pay franchisees a commission. Therefore, if you’re thinking about joining the franchise program, be sure to understand the terms and conditions before applying for the franchise.
Franchisees can benefit from the fact that
Sports accepts used items for store credit only if they are returned within 7 days of the purchase date. The franchises of Play It Again Sports are run by Winmark Corporation, which has been recognized for their proven business systems. The company was founded in 1983 by Martha Morris, a native of Minneapolis. Today, there are nearly 300 Play It Again Sports locations throughout the United States and Canada.