Well Established Sporting Goods Franchise - Reduced Royalty Rate!

Wesley Chapel, FL (Pasco County)

Loaded with Inventory - Ready for New Owner to Step In!
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Asking Price: Get Financing: $75,000

Cash Flow: N/A

Gross Revenue: $550,000

EBITDA: N/A

FF&E: $40,000

Inventory: $70,000*

Lease Rate: $21.53 /SF/Year

Established: 2005

*not included in asking price.

Well Established Sporting Goods Franchise - Reduced Royalty Rate!

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Business Description

Play It Again Sports - Wesley Chapel is located in one of the fastest growing areas in the greater Tampa market. The area is booming with young families, kids and a very large sports and recreation community. This location has built a great customer base over the last 13 years and is positioned for a new owner to take advantage of the growth in the area to build sales and profits at this location.

The owner of this location is a multi-unit franchisee downsizing for retirement and ready to turn the keys over to someone who has the vision to take the business to the next level. A hands on active owner in this location will have an immediate impact on sales. Play It Again Sports is known for their great customer service and excellent selection for all sports equipment for all levels of play. Families know they can shop this location and they'll leave with the items they need, with the proper fit and at a great price!

If you're interested in taking over a business with nearly 15 years of history yet still has plenty of upside, look no further than Play It Again Sports in Wesley Chapel.

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:
3,000
Lease Expiration:
11/30/2019
Employees:
4pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a busy strip center with plenty of foot traffic and parking. Rent is very attractive for the area.
Competition:
The only major competitor was Sports Authority so this location is taking advantage of the void left in the market with their departure. No other sporting goods retaler can compete with the customer service and trade in advantage offered by Play It Again Sports because we pay cash for used gear and offer a value no competitor can match.
Growth & Expansion:
This business will benefit from a hands on owner building the relationships with the teams, leagues and associations. E-Commerce is an area of growth which coupled with a concerted marketing plan for social, digital and traditional advertising will pay immediate dividends.
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:
Multi-Unit Owner retiring
Franchise:
This business is an established franchise
Business Website:
http://www.playitagainsports.com/wesley-chapel
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(from currently available funds)
 
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Pete First

Business Listed By:
Pete First

Winmark Corporation

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