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Investment Requirements
Appropriate capitalization is a critical factor in the success of any business. Therefore, minimum requirements for net worth and liquid assets have been established for those wishing to become a Play It Again Sports® franchise owner. Initial investment ranges from $229,100 - $425,200 and are estimates only. Your exact investment depends on several factors including store size and condition of premises, inventory levels, transportation costs, financing costs and similar factors beyond Winmark's or your control.
Either individually, or with the assistance of a financial partner, applicants need to have access to $68,730 to $127,560 in cash or liquid assets* that can be turned into cash. Additionally, the applicant should have assets of $160,370 to $297,640 to be used as collateral to obtain appropriate financing. These financial requirements are based around the total investment costs of the business.
*Liquid asset examples include: cash, non-retirement stocks and bonds, etc.
Please note: Written financial documentation will be required as you move forward in our franchise process. Funds quoted above are in U.S. dollars.
Royalty Fee is 5% of gross sales, paid weekly.
Interested in more information on Play It Again Sports franchise opportunities? Fill out our Request for Information Form today. Or simply call our toll free Play It Again Sports Franchise Information Line at (800) 592-8049 to talk to one of our friendly Franchise Developers who will help you understand the process.
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