22 Year Old Community Sporting Goods Franchise- Play It Again Sports

Fayetteville, NC (Cumberland County)

22 Year Old Community Sporting Goods Franchise- Play It Again Sports
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Asking Price: $371,150

Cash Flow: N/A

Gross Revenue: $564,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,777.08 /Month

Established: 1997

22 Year Old Community Sporting Goods Franchise- Play It Again Sports

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Business Description

Play It Again Sports has been in the Fayetteville area since 1997 and has developed a positive reputation in the community. The new owner will assume a lower royalty until 2024! The Fayetteville location produced over 1 million dollars in sales from 2006-2012. With system average sales brand wide of over $800,000, there's excellent room for a new owner to step in and grow sales!

At Play It Again Sports, everybody plays - including our franchisees! It's what they've been doing their entire lives. Whether it's supporting their kids from youth sports to college athletics or playing in their own golf, soccer, baseball or softball league, the common denominator of our typical franchisee is they still love to play and participate in sports in their community.

A Play It Again Sports franchise is the perfect business model for those who want to build a business doing what they love. Where can you spend your day talking about sports, provide a valued service to the community and build a business all at the same time? Right here, at Play It Again Sports - the official sponsor of all those who play!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,700
Lease Expiration:
N/A
Employees:
5-8
Facilities:
The Westwood Shopping Center is located near the mall and Skibo Rd. The All American freeway runs beside the store which is a great place for a billboard. The retail is very strong in this area. In 2014 the owners installed new flooring and a computer system. In 2017 they upgraded the heating and HVAC system.
Competition:
They are the only used sporting good store in the area. The competition is larger box stores like Dicks Sporting Goods, Hibbetts and Academy but Play It Again Sports offers something unique. In addition to offering new we buy and sell used all day, everyday.
Growth & Expansion:
Some of the ways the new owner can come in and grow this business is by growing the inventory by buying more used especially in the fitness category. Advertising and marketing to promote the new ownership will very beneficial as well as reaching out to the military base's in the area.
Support & Training:
Training required and provided by franchisor after purchase of store is completed. On-going franchisor support includes advertising, marketing, merchandising, inventory and financial management. Additional training and education opportunities available at the annual franchisee conference, trade show and regional meetings. In store support is provided through Field Operations Managers through field visits and regular conference calls, meetings, texts and emails. New Product Buying Group is available to assist with assortment planning, sourcing new inventory and more. Franchisor may require an additional investment in working capital and brand standard upgrades.
Reason for Selling:
Retiring
Franchise:
This business is an established franchise
Business Website:
http://www.playitagainsports.com/fayetteville
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(from currently available funds)
 
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Pete First

Business Listed By:
Cat Eckstaedt

Winmark Corporation

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