Play It Again Sports franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.17 ↗

Franchise fees and ongoing costs

Franchise fee

$15,000 to $25,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

5% · 5% of weekly Gross Sales, due Wednesday of each week for the prior week

Marketing contribution

3% (basis not captured; see original filing)

Technology fee

Currently $0; if established, estimated $500-$2,500/year per Store, subject to 60 days' notice and 10% annual increase

Other fees

Not captured

Working capital (FDD Item 7)

$40,000 to $50,000 for first 3 months of operations, covering initial wages/fringe benefits, insurance premiums, advertising, taxes, office/paper/cleaning supplies and interest on business loans; excludes inventory beyond opening inventory and owner compensation.

Fees sourceFDD p.13 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.17 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average and median annual Gross Sales and Gross Profit (Gross Profit = Gross Sales less Cost of Goods Sold; does not reflect operating expenses)

Reporting period

12-month period ended December 27, 2025 (Winmark fiscal year 2025)

Sample

287 of 287 franchised Play It Again Sports Stores in the U.S. and Canada that commenced operations 1988-2024, were not transferred during 2025, and had been operated by the same franchisee/owner for the full 12-month period ended 12/27/2025 (a subset of 309 total Stores open at that date; excludes 22 Stores that opened or transferred during the period)

Reported average

$1,172,630

Reported median

$1,014,764

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.45 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

302

Year-end outlets

309

Net change

+7

Derivation

ending minus starting outlets

Openings

15

Terminations

7

Non-renewals

1

Other closures

0

Reacquisitions

0

Transfers

7

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.47 ↗

SBA loan history

Loan activity

68 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$320,950

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

50 loans

Historical charge-off share

4.05%

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

3 / 74

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Play It Again Sports franchise cost?

standard retail Store (3,500-4,000 sq ft, leased premises): $346,300 to $459,700 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $15,000 to $25,000 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.17 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Play It Again Sports owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average and median annual Gross Sales and Gross Profit (Gross Profit = Gross Sales less Cost of Goods Sold; does not reflect operating expenses). Sample: 287 of 287 franchised Play It Again Sports Stores in the U.S. and Canada that commenced operations 1988-2024, were not transferred during 2025, and had been operated by the same franchisee/owner for the full 12-month period ended 12/27/2025 (a subset of 309 total Stores open at that date; excludes 22 Stores that opened or transferred during the period). Period: 12-month period ended December 27, 2025 (Winmark fiscal year 2025).

Item 19 performance sourceFDD p.45 ↗

What's the SBA charge-off rate for Play It Again Sports?

4.05%; numerator / denominator: 3 / 74. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $320,950; window: FY2023-FY2026 YTD through 2026-06-30; sample: 50 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗