Play It Again Sports FDD Summary
Type of Business
The franchisee will own and operate a Play It Again Sports® retail store from which the franchisee will sell quality used and new sporting goods equipment and accessories.
Corporate Information
Winmark Corporation, the franchisor, was incorporated under the laws of the State of Minnesota on July 20, 1988 under the name “Play It Again Sports Franchise Corporation.” In July 1993, Winmark’s corporate name was changed from ‘”Play It Again Sports Franchise Corporation” to “Grow Biz International, Inc.” In November 2001, their corporate name was changed from “Grow Biz International, Inc.” to “Winmark Corporation.” Winmark’s principal business address is 605 Highway l69N, Suite 400, Minneapolis, Minnesota 55441.
Investment
The total investment necessary to begin operation ofa Play It Again Sports® store is from $240,450 to $377,500. This includes $41,300 to $44,000 which must be paid to the franchisor.