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Below is an in-depth analysis and side-by-side comparison of Play It Again Sports vs Sports Traders 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 | $250,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | $100/month |
Advertising Fee | 1K/yr | - |
Year Founded | 1983 | 1983 |
Year Franchised | 1988 | 1987 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5000 | - |
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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | 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 | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 3 - 5 | Average Number of Employees: 1 Full-time, 1 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | Yes |
International Expansion | No | - |
Unique new and used retail concepts. For all sports equipment. We are a coaching franchise, not a controlling franchise, Allowing owners to run an independent store with group buying power and support.