About Play It Again Sports Franchise
Play It Again Sports is a retail franchise that sells quality used and new sporting goods equipment and accessories.
Franchisees operate retail stores where they purchase used sporting goods from customers who have outgrown or no longer use their equipment, then resell these items at substantial savings compared to new merchandise prices.
The stores also carry new sporting goods to supplement the used inventory.
Play It Again Sports Franchise Cost & Fees
Minimum Investment
$293K
Average Investment
$347K
Maximum Investment
$401K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $25,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $1,500 per year (Marketing Fee) | National brand fund |
| Total Investment Range | $292,500 – $401,300 | Includes build-out, inventory, working capital |
The investment range of $293K–$401K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Sales) and marketing fee ($1,500 per year (Marketing Fee)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $25,000 | $25,000 |
| Fixtures and Supplies | $26,000 | $38,000 |
| Signs | $8,000 | $12,000 |
| Security System and/or Cameras | $1,000 | $4,000 |
| Point-of-Sale (POS) System | $20,000 | $23,300 |
| Leasehold Improvements | $5,000 | $9,000 |
| Build-Out | $35,000 | $50,000 |
| Deposits and Business Licenses | $5,000 | $10,000 |
| Letter of Credit | $0 | $5,000 |
| Opening Inventory | $90,000 | $120,000 |
| Miscellaneous Pre-Opening Expenses | $35,000 | $50,000 |
| Rent - First 3 Months | $12,500 | $20,000 |
| Additional Funds - 3 Months | $30,000 | $35,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 |
| Renewal Fee | $10,000 |
| Technology Fee | Currently $0 |
| Audit Fee | Cost and expenses related to audit (payable only if understatement is greater than 2%) |
| Cooperative Advertising | Maximum 5% of Gross Sales |
| Local Marketing Expenses | Minimum combined with cooperative advertising is 5% of Gross Sales |
| Advertising Fee | Up to 2% of Gross Sales (if Winmark imposes) |
| DRS Maintenance Fee | $1,000 for term of Franchise Agreement |
| Remodeling Expenses | Will vary under circumstances |
| Insurance | Will vary under certain circumstances |
| Inventory | Will vary under certain circumstances |
| Interest Expenses | Lesser of 18% per year or maximum rate permitted by law |
| Lease Payment | Will vary under certain circumstances |
| Costs and Attorneys' Fees | Will vary under circumstances |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 3-part training program totaling approximately 13+ days |
| Classroom Training | 50 hours (27 hours Session 1 + 23 hours Session 2) |
| On-the-Job Training | 16 hours (5.5 hours Session 1 + 10.5 hours Session 2) plus 2-3 days in-store training (Session 3) |
| Training Location | Minneapolis, MN and/or Online (Sessions 1 and 2); existing Play It Again Sports Store (Session 3) |
| Additional Training | Periodic training visits during first year of operation including pre-opening visit, opening week visit, and post-opening training visits. Additional training programs provided when beneficial to significant number of franchisees. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Typically a 3 to 5 mile radius around the Store |
| Description | Computer modeled mapping based on population density, average household income, and consumer traffic patterns determines the Exclusive Territory boundaries. Urban areas (metro population over 250,000) will generally have a minimum population of 75,000 to 100,000. Other areas will generally have a minimum population of 50,000. Winmark will not establish another franchised or company-owned Play It Again Sports Store at a physical location in your Exclusive Territory. Winmark reserves the right to distribute products through the Internet or alternative channels inside the Exclusive Territory. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years |
| Renewal Fee | $10,000 |
| Renewal Conditions | Provide advance notice in writing, sign then-current Franchise Agreement, pay renewal fee, remodel, meet all current brand standards, secure extension of lease, and be in compliance with current Franchise Agreement during the term of the Agreement. You may be asked to sign a Franchise Agreement with materially different terms and conditions. |
| Transfer Fee | $10,000 |
| Transfer Conditions | New franchisee must qualify and complete training, pay transfer fee, all amounts owed to Winmark must be paid, be in good standing, new franchisee assumes existing Agreement or signs then-current agreement. Winmark has right of first refusal to match any offer. |
| Termination for Cause | Winmark can terminate only if franchisee defaults. Curable defaults: 30 days to cure violations including non-payment, failure to abide by standards, assignment of assets to creditors. Non-curable defaults: failure to open within 9 months, insolvency, conviction of felony, abandonment, repeated defaults, intentional falsification of information. |
| Non-Compete Period | 2 years |
| Non-Compete Details | No competing business for 2 years within 10 miles of the Store or any other Play It Again Sports Store after the franchise is terminated or expires. During the term, no direct or indirect involvement in any sporting goods business other than the one authorized without Winmark's prior written consent. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | If you are an individual, you must personally manage the franchised business. Your primary job responsibility must be the operation of the franchised business. If a corporate entity or partnership, one individual must retain at least 50% of the equity and voting interest and will be obligated to personally manage the business. Franchisees operating multiple stores may delegate management duties to additional Store Managers. |
| Required Suppliers | Franchisees must license Proprietary Software and purchase computer hardware components for the POS System from Winmark. Exterior and interior signs, carpet and flooring must be purchased from an approved supplier designated by Winmark. |
| Supply Restrictions | Franchisees may purchase products within approved categories from any legal and available source of supply, but must maintain Winmark's quality standards. Must use approved supplier for broadcast media placement and online advertising for pre-opening and first year marketing. |
| Franchisor Revenue from Suppliers | During fiscal year ended December 25, 2021, Winmark derived revenues of $3,437,658 from the sale of products, equipment and other items subject to Winmark's standards, including $2,776,987 from computer hardware/software and $660,671 from inventory sold through the buying group. Winmark charges approximately 4% handling fee on computer hardware component purchases. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | Winmark offers limited financing arrangements or similar assistance to qualified franchisees in purchasing Store inventory through Winmark's Buying Group. Winmark pays the supplier and invoices the franchisee, collecting an administrative fee of 4% of all purchases. Franchisees must provide a letter of credit or cash deposit (generally no more than $5,000) at the time orders are placed. Winmark does not otherwise offer direct or indirect financing. |
Play It Again Sports Franchise Earnings — Item 19
Average Revenue
$1.1M
Median Revenue
$976K
Revenue Range
$212K – $5.4M
Sample Size
254 units
Past financial performance does not guarantee future results. Individual results will vary.
Play It Again Sports Litigation & Risk Flags
Clean Litigation RecordPlay It Again Sports has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Play It Again Sports System Growth
Total Units
273
Franchised
273
Company-Owned
0
Play It Again Sports currently operates 273 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 4 | 5 | 280 |
| 2020 | 1 | 7 | 274 |
| 2021 | 4 | 5 | 273 |
Transfers: 15 | Closures: 5
State Registrations
Registered in 47 states: AL, AK, AZ, AR, CA, CO, CT, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
Play It Again Sports Franchise — FAQ
The total investment to open a Play It Again Sports franchise ranges from $292,500 to $401,300, per their Franchise Disclosure Document. This includes the initial franchise fee of $25,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Play It Again Sports charges a royalty fee of 5% of Gross Sales of gross sales, plus a $1,500 per year (Marketing Fee) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Play It Again Sports Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Play It Again Sports to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Play It Again Sports franchise owners report average revenue of $1.1M and median revenue of $976K. This is based on a sample of 254 units. Past performance does not guarantee future results.
Play It Again Sports has been franchising since 1988. The FDD shows an investment range of $292,500-$401,300, a 5% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $25,000 and the total investment ranges from $292,500 to $401,300 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Play It Again Sports and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Play It Again Sports or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com