Price Reduced! Established in 1995-Play It Again Sports For Sale!

Buffalo, MN (Wright County)

Community Staple Est. 1995!
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Asking Price: $149,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $70,000*

Rent: $3,050 /Month

Established: 1995

*not included in asking price.

Price Reduced! Established in 1995-Play It Again Sports For Sale!

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Business Description

This Play It Again Sports store has been in this market for almost 25 years so the customer base is very well established and loyal. The demographics in Buffalo and the surrounding areas are growing making this a prime opportunity for continued growth.

About Play It Again Sports:
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

Location:
Buffalo, MN
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,050
Lease Expiration:
N/A
Facilities:
Located in a busy shopping area near Walmart. Currently this is a month to month lease and the rent is low. Easy parking. This location needs to be refreshed with new carpet, paint etc. The Point of Sale system is currently up to date.
Competition:
There is little competition in the area. Dave's Sports in Maple Grove only sells some used hockey gear. A pro to the market is the growing demographic in and around buffalo with little competition. A con to the market is a demographic that's used to buying new product for their children and very savvy to online shopping and consumerism.
Growth & Expansion:
To increase profits of this location the new owner should develop a stronger social media presence. The current owner has done a great job networking with local athletic associations, but the demographic has evolved to more clients between the ages of 30-40 that use social media as buying reference. Social media strategy will develop a stronger marketing strategy, sales promotions, to a constant contact customer base.
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:
Retirement
Franchise:
This business is an established franchise
Business Website:
http://www.playitagainsportsbuffalo.com/
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(from currently available funds)
 
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Cat Eckstaedt

Business Listed By:
Cat Eckstaedt

Winmark Corporation

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