Plato's Closet vs Play It Again Sports Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Plato's Closet vs Play It Again Sports including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Plato's Closet Franchise
Play It Again Sports Franchise
Investment $251,700 - $390,700$282,900 - $393,900
Franchise Fee $25,000$25,000
Royalty Fee 5%5%
Advertising Fee $1K/yr.1K/yr
Year Founded 19981983
Year Franchised 19991988
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee 5000$5000


Business Experience Requirements

 
Plato's Closet Franchise
Play It Again Sports Franchise
Experience --

Financing Options

 
Plato's Closet Franchise
Play It Again Sports Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/YesNo/Yes
Equipment No/YesNo/Yes
Inventory No/YesNo/Yes
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Plato's Closet Franchise
Play It Again Sports Franchise
Training On-The-Job Training: 30 hours Classroom Training: 48 hours On-The-Job Training: 22 hours Classroom Training: 56 hours
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/appAd Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Number of Employees Required to Run: 3 - 5 Number of Employees Required to Run: 3 - 5

Expansion Plans

 
Plato's Closet Franchise
Play It Again Sports Franchise
US Expansion YesYes
Canada Expansion YesYes
International Expansion NoNo

Company Overviews

About Plato's Closet

Thank you for your interest in becoming a member of the Plato's Closet franchise family. Plato's Closet offers a truly unique retail franchise opportunity, as it is the only national teen retail store of its kind -- focusing on the buying and selling of gently used, brand-name apparel and accessories for girls and guys! We already have over 200 store locations throughout North America, and that number continues to grow. Our stores fill a distinct niche in the retail marketplace. We are the only national resale business that specializes in the teen and twenty something market group. The wish list for trendy, brand-name apparel and the availability of it in virtually every teen's closet presents fantastic opportunities for both franchise owners and customers alike. 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. A Plato's Closet franchise offers franchisees a very unique opportunity, based on a sound business model and the support of the parent company, Winmark Corporation. To learn more about this exciting franchise business opportunity, simply navigate through these informational pages. If you wish to take the next step in changing your future, contact us and a Franchise Developer will contact you with the next steps in the process. Fill in form to the right for free consultation.

"Entrepreneur
#375 in Franchise 500 for 2020.
#335 in Franchise 500 for 2020.

About Play It Again Sports

Founded in 1983, Play It Again Sports buys and sells new and used sporting goods. Stores carry items like golf clubs and bags, baseball bats and gloves, in-line and ice skates, and fitness equipment.

""
#269 in Franchise 500 for 2020.