Play This More Sports is a chain of sports equipment stores that sells new and gentle sports goods that are inherited by Winmark Corporation. The Ohio native Martha Morris started the store in 1983, soon growing into several stores. Morris sold the chain to Winmark in 1988 and the franchise began, growing to more than 400 stores across the United States and 43 stores in Canada. All shops are owned and operated independently.
Video Play It Again Sports
Business model
Play It Again takes advantage of the fact that many sports require equipment that can easily outlast participants, who either physically, move to more advanced equipment, or phase out certain sports. The chain market is mainly for the parents of growing children, and offers money back as well as credit trade-ins for old equipment when buying new.
Maps Play It Again Sports
Sports equipment including
- Baseball
- Soccer
- Field Hockey
- Ice Hockey
- Soccer
- Sports Tools
- Weightlifting
- Snowboarding
- Skiing
- Skateboarding
- Golf
- Golf Disk
- Water Sports
- Wrestling
- Racquet Sports
- Inline Skating
- Lacrosse
Ownership
The average total investment for a Play It Again Sports store is about $ 350,000. In order to qualify the finances, the candidate must have at least 30% ($ 105,000) of investment in personal resources not borrowed (liquid assets, ie cash, stock or securities) and equity sufficient to ensure balance. The total cost will vary by size and location. Winmark will not help finance, third party loan sources will be required for it. Winmark will assist you in preparing a comprehensive business plan for obtaining SBA or other financing after a person is a franchisee. All Winmark brands are listed in the SBA Franchise Registry which helps streamline the process. Winmark requires more than 75 hours of in-class classroom instruction and in-store training: business planning, retail location selection, store setup, computer training, advertising and marketing, and store operations. To become a successful Play It Again Sports franchise requires the right capitalization, hard work and people skills. While having a very helpful sports knowledge, Winmark's comprehensive training program will provide the tools and skills needed to be successful. The typical timeframe for opening the Play It Again Sports store is about nine months.
External links
- Play this More Sports official website
References
- https://web.archive.org/web/20100413094350/http://www.playitagainsports.com/alllocations.aspx
Source of the article : Wikipedia
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