After a year of rapid growth, Winmark – the Resale Company® is heading into an equally strong 2022. Recently, three of our brands were ranked top franchises by Entrepreneur, with Once Upon A Child® ranked #1 in its category as Play It Again Sports® and Plato’s Closet® also listed as industry leaders.
Rankings like these are essential when looking for a franchise to invest in because they will help you to weigh your options and compare the different benefits that each franchise offers. Not only does this kind of recognition mean that top industry experts have recognized a franchise, but many rankings also rely heavily on feedback from existing franchisees.
What Makes the Winmark Brands a Smart Investment?
When it comes to business, one of the most important factors to look at is the average return on investment. Between a rapidly growing resale industry and multiple revenue streams, our franchise model offers plenty of opportunities when it comes to profitability.
By the end of this year, the resale market is expected to top $41 billion. This is largely due to more consumers putting sustainability at the forefront of their shopping choices. There is something about giving our products a “new life” that customers love to be a part of. It is equally as rewarding for franchisees to run an environmentally friendly business.
Not only is the sustainability trend contributing to our $1.4 billion system-wide sales but owning a resale business means that you will have the potential to drive revenue in a very significant way online.
Our brands operate on a multi-channel level keeping them top of mind with consumers in their communities. Ecommerce is a major component of our multi-channel plans for most of our brands and is one of the top revenue streams in the retail industry these days. Our online platform is just one of the things that kept our locations afloat at the height of the COVID-19 pandemic. Plus, our integrated point-of-sale system means that you’ll be able to track all your online and in-store purchases with ease.
What If I’ve Never Owned a Resale Franchise?
No resale experience? No problem! Our comprehensive training program provides you with all the knowledge, tools and resources you need to run a successful resale location. From learning the ins and outs of our processes and systems, how to manage your day-to-day activities, and ongoing support in areas like operations, recruiting, inventory management and marketing, we’re here for you every step of the way.
Although not all our franchisees come from retail backgrounds, many of them become multi-unit owners. Because of our strong franchise model and resourceful corporate team, 97% of our franchisees sign on to renew their franchise contract.
One of the best parts about owning a Winmark franchise is the work-life autonomy you have as a business owner. While our franchise is centered around our proven system, you still have plenty of flexibility to make your business your own, whether through getting involved in community events, diversifying your products or merchandising.
What Growth Opportunities are Available?
Because Play It Again Sports, Plato's Closet, Once Upon A Child, Music Go Round® and Style Encore® are all part of Winmark Corporation, our franchisees have the potential to cross over and open several different stores.
Our brands allow you to establish and grow valuable connections within your community and beyond. This is because Winmark’s franchise model was specifically created for franchisees to be able to build a sustainable business and support their local communities at the same time.
Our franchise system is truly a community; you have firsthand access to our corporate team’s resources as well as other franchisees who will equip you with everything you need to grow and achieve success.
Join A Top-Ranked Franchise
Wouldn’t you love to be able to say that you are joining a franchise that has been consistently recognized as an industry leader, is resilient to economic uncertainty, has a 360-degree support system and allows you to follow your entrepreneurial dream while having a positive impact on the world around you?
When you invest in one of our franchises, we invest in you. With over 2,800 territories available, there is so much opportunity right at your fingertips. Contact us today to learn more about opening a resale franchise in your area.