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Below is an in-depth analysis and side-by-side comparison of Play It Again Sports vs Sparkle Brite Pool Stores including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $282,900 - $393,900 | $66,250 - $354,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1K/yr | - |
Year Founded | 1983 | 1999 |
Year Franchised | 1988 | 2007 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | $5000 | 25% of then-current fee |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | On-The-Job Training: 22 hours Classroom Training: 56 hours | - |
Support | Purchasing 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 | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 3 - 5 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | No | - |
Pool and spa ownership is on the rise in the United States and with it comes the opportunity to own and operate your own professional pool and spa retail business. According to the Association of Pool & Spa Professionals, more than 176,000 additional in-ground pools were sold and installed in 2005, bringing the total number of in-ground pools in the U.S. to 4.7 million. This represents an almost 10% increase in total pools since 2002! And the growth is continuing. PK Data, a research company for the pool and spa industry, projects the growth rate of new pools in the coming years to be approximately 3% annually. Sparkle Brite Pool Stores has capitalized on this growth by developing a proven system of operation that maximizes profit and operational efficiencies and leaves the competition in the dust! Our operational model has allowed us to compete with privately owned stores, national chains, and other franchise outlets. Over the past nine years, Sparkle Brite Pool Stores has grown to include 15 locations in the Southwest Florida counties of Sarasota, Manatee, and Charlotte. Along the way, the Sparkle Brite name has become synonymous with quality pool products and superior customer service.