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Below is an in-depth analysis and side-by-side comparison of Play It Again Sports vs Hut no. 8 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 | $91,700 - $201,900 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | 5% | $360/mo. |
Advertising Fee | 1K/yr | - |
Year Founded | 1983 | 2007 |
Year Franchised | 1988 | 2009 |
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 | You will visit our headquarters and main store in Florida, and will train in both a classroom environment, and then by serving customers alongside us. We will teach you EVERYTHING in one week from purchasing to accounting and from customer service to marketing, and more. When you are ready to open your Hut no. 8 store you will also have one of our representatives on-site to do refresher training, to assist you in serving your customers, and to help with your store set-up. *QuickBooks Pro *Store Setup *Computer Setup, configuration, and initial problem diagnosis *Customer Service *Point Of Sale Training *Purchasing Inventory *Pricing Inventory for Resale *Business Expansion & Idea Building |
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 | - |