Steps to Ownership?
The Play It Again Sports® Process
Becoming a franchisee is a big decision and requires careful consideration by all parties before the partnership is cemented. At Winmark®, we endeavor to get to know our potential franchisee partners thoroughly, but also to give them the opportunity to learn about us and our almost 30 years of franchising success.
Are you interested in a Play It Again Sports franchise? Call our friendly Winmark team at (866) 595-0053 to speak with us today!
Meeting the Requirements
The first step toward owning your own Play It Again Sports franchise is submitting our qualification form. This requires basic information about you and the location you're interested in owning a franchise. It's important to note that, even at this early stage, it's recommended that candidates make sure they meet the financial requirements for owning one of our Play It Again Sports stores.
The financial requirements are:
- $105,000 in cash or liquid assets
- $400,000 – Net Worth
If you do not meet these requirements, it does not automatically disqualify you, as you may have access to capital through family or friends. We have many partnerships in our business from family members to friends and other business associates. In addition, our reputation as a national franchisor with decades of success allows many of our prospective franchisees to secure the loans they need to satisfy the initial investment.
Get to Know Us Better
Once you have been financially approved, it's time for you to learn more about what owning a Play It Again Sports franchise is actually like! Winmark can help you coordinate visits with established franchisees to ask them questions and get a firsthand experience browsing their stores.
After your franchisee visits, Winmark will extend you an invite to our Discovery Day in Minneapolis. Here, our candidates will meet with the Play It Again Sports team they'll be working with that will support them with all store operations. You'll speak with our experts in operations, training, marketing, real estate and more to learn what goes into running a successful Play It Again Sports franchise.
Joining Our Team
After Discovery Day, Winmark will decide on final approval. If chosen, you'll become an official member of our family! We'll work with you to get our franchise agreements in order and after that, we will streamline the training process. It will take several months to hold your grand opening, but in the meantime, we'll be working with you to ensure that you have the knowledge and tools you need to make your Play It Again Sports store a success!
Territories are going fast! If you're interested in starting this process, the first step is submitting our qualification form, which requires basic information about you and the location you’re interested in owning.