Play N Trade vs Hock Shop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Play N Trade vs Hock Shop including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Play N Trade Franchise
Hock Shop Franchise
Investment $216,600 - $329,000$165,000
Franchise Fee $30,000$25,000 - $50,000
Royalty Fee 5%-
Advertising Fee 2%local + 1%Nat'l-
Year Founded 20011983
Year Franchised 20031993
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Play N Trade Franchise
Hock Shop Franchise
Experience --

Financing Options

 
Play N Trade Franchise
Hock Shop Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/-

Training & Support

 
Play N Trade Franchise
Hock Shop Franchise
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. -
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 --
Operations --

Expansion Plans

 
Play N Trade Franchise
Hock Shop Franchise
US Expansion --
Canada Expansion No-
International Expansion 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 Hock Shop

Demand for quality used products escalates as Canadian consumers demand greater purchasing value and embrace recycling. This key marketing advantage is unaffected by the economy. Cash services through PayDay advance and cheque cashing add to the bottom line. We truly are the "garage sale with a guarantee" - the Evolution of Retail.
 

We are pleased to announce that customers who are in the local area can now shop and pay for their items online and select the option to pick up at your local store using curb side pickup.

You can now request an invoice be emailed to you. Simply call the store and let us know what you would like to pick up. An email link will take you to our secure website for payment. Payment can be made by credit or debit credit cards.

We can now invoice you for loan payments, retail sales & layaways. Items can be picked up curb side, or shipped to your door - please call the store once payment is made. We will be happy to load your items into your vehicle.