Profitable Play It Again Sports Franchise - 12 years in Market!

Shorewood, IL (Will County)

Loaded with Inventory - Ready for New Owner to Step Right In!
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Asking Price: Get Financing: $250,000

Cash Flow: N/A

Gross Revenue: $610,000

EBITDA: N/A

FF&E: N/A

Inventory: $125,000*

Lease Rate: $95,000 /Year

Established: 2006

*not included in asking price.

Profitable Play It Again Sports Franchise - 12 years in Market!

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Business Description

Play It Again Sports -Shorewood has been in the area for over 12 years with the current franchisee in place for the last 10. The customer base is very well established and loyal. Excellent customer service and a knowledgeable staff has made Play It Again Sports the "go to" store to buy and sell gear and equipment. This location is very strong in the baseball/softball category as well as hockey and fitness sales. However, there's still plenty of room for growth in these and other categories including schools, teams, league and association sales.

Will County has experienced explosive population growth last decade. It's a young, active community with a median household income of $75k and an average age 35. There's an abundance of grade and middle schools in the Joliet / Plainfield area so the youth target market continues to expand. This is a sports friendly community with well-run park districts. All represent excellent growth opportunities for Play It Again Sports Shorewood!

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

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
3/31/2020
Employees:
5 PT
Facilities:
Large “class A” shopping center with four anchor stores including Mariano’s Grocery Store, Petco, Staples and Party City. Space has plenty of parking and is easy and convenient for customers. Lease: 1 year expiring March 2019, allowing prospective buyer great opportunity to renegotiate the lease or relocate if desired.
Competition:
Typical big box competition exists in this area such as Dicks, Eich's Sporting Goods Wal-Mart and Target however no other sporting goods retailer can compete with the trade in advantage offered by Play It Again Sports where we buy used gear from our customers who can put that cash towards another purchase. Our top customers buy from us and sell to us on a regular basis.
Growth & Expansion:
This store will likely see an immediate impact on sales and customer count with an increased and consistent emphasis on social/digital advertising as well as email marketing. Opportunities exist with Facebook promotions and Constant Contact email campaigns to the customer base. These are all fast and economical ways for a new owner to take sales and the customer base to new levels! Opportunities also exist to expand the team/league business with additional networking in the community. The most successful franchisees are outside the four walls of the business and involved in local events, community clubs/organizations and working directly with the board members and others in the local youth sports programs in their market. Other areas to grow sales include: Embroidery/Apparel, Uniforms and Spirit Wear. Local club sports and travel teams.
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:
Franchisee lives a distance from the store.
Franchise:
This business is an established franchise
Business Website:
http://www.playitagainsportsshorewood.com
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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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