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Updated RecentlyPlay N Trade vs Style Encore Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Play N Trade vs Style Encore including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $216,600 - $329,000 | $264,200 - $398,400 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2%local + 1%Nat'l | - |
| Year Founded | 2001 | 2013 |
| Year Franchised | 2003 | 2013 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | $5K |
Business Experience Requirements |
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| Experience | - | To be a successful Style Encore franchisee requires proper capitalization, hard work and people skills. It isn't for everyone. While having knowledge of fashion is helpful, our comprehensive training program will provide you with the tools and skills you need to be successful. If you are motivated, organized, enjoy working with the public, and can diligently follow our proven system, you are a good candidate for a Style Encore franchise. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | * Complete all the online training courses. * Read your daily emails that include tips and updates five days a week. * Attend the regular companywide conference calls which we typically hold twice per month. These calls are also recorded for your convenience. * Attend the training sessions at our Support Center in San Clemente CA. (approx nine days) * Work in a high volume store where you can learn from a successful veteran. | Winmark provides over 75 hours of classroom instruction and in-store training on the following: business plans, retail site selection, store set-up, computer training, advertising and marketing, and store operations. Our computer support center offers access to technicians who provide assistance with hardware, software and operational questions seven days a week. |
| Support | You will start by working with a franchise development professional who will guide you through the investigative and financing process. Once you are on board as a franchisee, you will begin working with our real estate department and guide you through the site selection process and negotiating your lease. You will be provided a checklist of items to get your store open. We will track your time to opening and will make sure that you are connected with the appropriate vendors at the right times to support you in your ordering, grand opening, Point of Sale training, and set up of your business accounts. We have support personnel at our office six days a week to answer your calls and emails. | - |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | No |
Company Overviews
About Play N Trade
Play N Trade is a complete solution that meets an important need in our society; ecology and economy. In a society where everything is changing at a breakneck speed, Play N Trade gives a second life to your electronic devices, video games and more. As an investment into Play n Trade we know that an important part of our brand and for today’s consumer the experience is more important than ever before. That is why we are continuously improving our store look, technology platforms, services and product mix.
If you are committed to developing a company that offers a unique shopping experience in the world of entertainment, you’ve found what you’re looking for!
Play N Trade is the most comprehensive solution on the market. It offers a diversified source of income such as rent, sale, trade in electronics and video games, a games room, inter-store transfers, online sales and repair for consoles and portable electronics. Our concept is evolving. The arrival of digital distribution is expected and fits perfectly with our concept of trade-in Entertainment.
About Style Encore
Thank you for your interest in becoming a member of the Style Encore franchise family. Style Encore offers a truly unique retail franchise opportunity, as it is the newest brand to the Winmark family. Winmark is the top re-sale franchisor in the country, with a proven track record - over 965 successful small businesses operating in North America. Style Encore joins the current industry top brands such as Plato's Closet, Once Upon A Child, Play It Again Sports and Music Go Round. Style Encore rounds out the rest of the Winmark family by specializing in buying and selling gently-used casual and business apparel and accessories for women in their late 20's to mid 50's. Women like to have trendy, fashionable pieces in their closet for every occasion. Style Encore gives them the resource to sell items that they no longer wear, get paid cash on spot, and purchase new items at a tremendous value - at up to 50-70% off regular retail! Making the decision to be your own boss and be in control of your future is an exciting adventure, and we appreciate being considered in your business search. If you have a passion for fashion, interacting with customers, recycling product, or simply excited about learning how you can build a business for yourself, Style Encore may be the business for you!