How Much Does a Play It Again Sports® Franchise Cost?
Seizing a Remarkable Sporting Goods Franchising Opportunity
Investment Requirements (USD)
Appropriate capitalization is a critical factor in the success of any business. Play It Again Sports expects franchise candidates to have an approximate investment of $300,000 to $350,000 to open a store. However, this investment will vary depending on the market and other factors.
Either individually or with a financial partner, our minimum net worth and liquid asset requirements are as follows:
$90,000 to $105,000 – Cash or liquid assets*
$400,000 – Net Worth
*Liquid asset examples include: cash, non-retirement stocks and bonds, etc.
Verification of financial data such as cash available will be required as you move forward in our franchise process. Funds quoted above are in U.S. dollars.
Play It Again Sports Store Sales, Gross Margins, and Customer Information
Need a bird's-eye view of what our Play It Again Sports franchise stores look like? Below, see some quick facts about our customers, our retail spaces, our inventory, and more.
Sales and gross margin:
- Top Quartile Average Gross Sales: $1,701,390 (2020)*
- Top Quartile Average Gross Profit: $873,767 (2020)*
*The Average Store numbers are the 2020 Average Gross Sales and Average Gross Profit amounts stated in Item 19 of the 2021 Play It Again Sports® Franchise Disclosure Document (as reported by 265 of the 266 stores that had been in operation at least one year as of December 26, 2020). Of the 265 reporting stores, 100 or 38% of the stores attained or exceeded the Average Gross Sales and 104 or 39% of the stores attained or exceeded the Average Gross Profit. The Top Quartile Average Gross Sales and Average Gross Profit only relates to 66 of the reporting Play It Again Sports® Stores who ranked in the top 25% of the gross sales range. Of the 66 reporting stores in the top quartile, 21 or 32% of the stores attained or exceeded the top quartile Average Gross Sales and 20 or 30% of the stores attained or exceeded the top quartile Average Gross Profit. A new franchisee’s results will likely differ from these results.
- Visibility to high traffic roads
- Retail centers with popular anchors
- Suburban strip centers near regional malls
- 3,500 – 4,000 square feet
- Adults age 25 – 49
- Parents of kids ages 4-16
- Middle to upper income households
- Presence of youth sports programs
Interested in more detailed franchise costs and investment information? Contact us today for more information.