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?
Contact our friendly Winmark team 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:
- $90,000 to $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
Territories are going fast! If you're interested in starting this process,
the first step is submitting our
which requires basic information about you and the location you’re
interested in owning.