The Process to Become an Owner
The Play It Again Sports® Process
Becoming a franchisee is a big decision and requires careful consideration by all parties before the partnership is cemented. At Winmark®, we endeavor to get to know our potential franchisee partners thoroughly, but also to give them the opportunity to learn about us and our 30+ years of franchising success.
Meeting the Requirements
The first step toward owning your own Play It Again Sports franchise is submitting our qualification form. This requires basic information about you and the location you're interested in owning a franchise. It's important to note that, even at this early stage, it's recommended that candidates make sure they meet the financial requirements for owning one of our Play It Again Sports stores.
The financial requirements are:
- $90,000 to $105,000 in cash or liquid assets
- $400,000 – Net Worth
If you do not meet these requirements, it does not automatically disqualify you, as you may have access to capital through family or friends. We have many partnerships in our business from family members to friends and other business associates. In addition, our reputation as a national franchisor with decades of success allows many of our prospective franchisees to secure the loans they need to satisfy the initial investment.
Are you interested in a Play It Again Sports franchise? Contact our friendly Winmark team today!
Steps to Ownership
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1. Apply & Meet Requirements
Submit your application and we’ll review some basic information about you, including financials and the location you’re interested in. Financial requirements include $90,000 - $105,000 cash or liquid assets and $400,000 net worth.
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2. Get to Know Franchisees
Meet current retail resale franchise owners, where you’ll have the opportunity to ask questions and learn about their experiences. -
3. Discovery Day
We’ll invite you to Discovery Day, where you’ll meet the team that will support you and your new franchise. You’ll get some insight into operations, training, marketing, and more. -
4. Join Play It Again Sports
After attending the Discovery Day and receiving final approval, you will officially join Winmark as a franchisee and begin building your new retail resale business.
Get to Know Us Better
Once you have been financially approved, it's time for you to learn more about what owning a Play It Again Sports franchise is actually like! Winmark can help you coordinate visits with established franchisees to ask them questions and get a firsthand experience browsing their stores.
After your franchisee visits, Winmark will extend you an invite to our Discovery Day. Here, our candidates will meet with the Play It Again Sports team they'll be working with that will support them with all store operations. You'll speak with our experts in operations, training, marketing, real estate and more to learn what goes into running a successful Play It Again Sports franchise. You'll also have a one-on-one meeting with our Director of Operations. Discovery Day is the perfect opportunity for us to get to know you more—and for you to learn more about Winmark!
Joining Play It Again Sports
After Discovery Day, Winmark will decide on final approval. If chosen, you'll become an official member of the Play It Again Sports brand!! Once you have signed the franchise agreement, we will streamline the training process. It will take several months to hold your grand opening, but in the meantime, we'll be working with you to ensure that you have the knowledge and tools you need to make your Play It Again Sports store a success!