Play It Again Sports Concord Owner
In this FDD Talk 2017 mail, y'all'll acquire the following:
- Section I – Background data on the Play It Again Sports franchise opportunity, including relevant news updates
- Section II – Estimated initial investment for a Play Information technology Again Sports franchise, based on Item 7 of the company's 2017 FDD
- Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a Play It Once more Sports franchise, based on Items v and 6 of the visitor's 2017 FDD
- Section IV – Presentation and analysis of Play It Again Sports' financial performance representations, based on Particular xix of the visitor'south 2017 FDD, including information on the:
- 2016 boilerplate, high, and depression gross sales and average gross profit of the 270 franchised Play Information technology Again Sports Stores in the United States and Canada that had been in operation past the same franchisee or owners for the 12-calendar month period concluded December 31, 2016, grouped past year opened (2015, 2014, 2013, 2012, 2011, and 2010 and prior)
- 2016 average, high, and low gross sales and average gross turn a profit for the kickoff, 2nd, third, and fourth quartiles of the 270 franchised Play Information technology Again Sports Stores in the U.s.a. and Canada that had been in functioning by the aforementioned franchisee or owners for the 12-calendar month period ended December 31, 2016
Section I – Background Information
9 Things You lot Need to Know Almost the Play It Again Sports Franchise
'Showtime Your Season Sweepstakes' with Rawlings
i. Play It Again Sports teamed upwardly with professional sports equipment company Rawlings for the 'Start Your Season Sweepstakes.' Contestants had from April 2 to April 11 to enter the sweepstakes on the Play It Again Sports website.
ii. The Grand Prize was an on-field meet and greet with a Rawlings pro baseball player. Contestants also had a chance to win daily prizes such as autographed pro baseballs, pro model bats, pro model gloves, custom gloves, and personalized bats.
New Locations Opened in 2016
three. In 2016, Play It Again Sports opened new locations in Washington and Massachusetts. The franchise owner of the new Spokane, Washington location wanted to bring Play Information technology Again Sports dorsum to the metropolis after the original location where he worked over a decade agone closed in 2013.
4. Jared Fields opened the new location over the summer and says that his shop is smashing for the community. Non only does Fields sell new and used sports equipment for any sport being played in the Spokane area, merely he likewise provides information nigh Spokane sports leagues and organizations on the shop's website, as well every bit sells supplies for coaches.
Not But Used Sports Equipment
5. Although Play It Again Sports specializes in reselling used sports equipment, many of the products sold at each location are actually brand new. The company'south concern model allows customers to purchase make new sports equipment and and so sell them back for greenbacks on the spot when their children accept outgrown the gear.
6. While every location differs in what products it is looking to buy/sell, Play It Again Sports prefers items from Adidas, Nike, Franklin, Under Armour, Wilson, and Louisville Slugger. Some of the sports that the franchise stocks gear for include baseball and softball, football, soccer, hockey, lacrosse, winter sports, and h2o sports.
Company History
vii. Play Information technology Over again Sports was founded in 1983 past Martha Morris in Minneapolis, Minnesota. Morris sold the company to the Winmark Corporation in 1988; franchising began that aforementioned yr. The Winmark Corporation owns four other resale franchises: Once Upon A Child, Music Go Round, Plato'southward Closet, and Mode Encore.
viii. As of 2017, Play It Again Sports has over 250 locations in the Us and Canada.
Entrepreneur's Franchise 500
9. Play Information technology Again Sports has ranked on Entrepreneur's almanac Franchise 500 list almost every twelvemonth in the last decade. Even so, the franchise did not make the list for 2017; this is the second time in the by ten years that the visitor did not rank. The company'due south highest rank was No. 177 in 2009 and its everyman rank was No. 327 in 2016.
Section Two – Estimated Costs
- Delight click hither for detailed estimates of Play It Once again Sports franchise costs, based on Particular seven of the company's 2017 FDD (updated).
Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees
- Please click here for detailed information on Play It Again Sports' initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company's 2017 FDD.
Section IV – Financial Performance Representations (Item 19, 2017 FDD) and Assay
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Source: https://www.franchisechatter.com/2017/04/16/fdd-talk-2017-what-you-need-to-know-about-the-play-it-again-sports-franchise-opportunity/
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