Play It Again Sports Franchise in Traverse City

Play It Again Sport franchise in Traverse City, Michigan, is a highly desirable investment opportunity that boasts of an impressive track record. It is the 4th PIAS franchise in Michigan and the 23rd franchise in the nation. This franchise has been open since 1990 and has been owned by the current owner since###-###-#### The store has a loyal customer base but also attracts new customer who visit Traverse City to enjoy the area's various sporting and recreational opportunities. The franchise is fully staffed and has experienced increased sales and profitability for the past 5 years, with a noticeable uptick during the COVID-19 pandemic. The asking price does not include inventory, which currently stands at $289,029. Furthermore, there are significant opportunities for growth, making it an attractive investment for those looking to expand their portfolio. Additionally, the new owner will enjoy the benefits of the current owner's franchise agreement, which features a lower royalty fee of 4% compared to the current industry standard of 5%. This will translate to significant cost savings in the long run and a competitive edge in the market. Play It Again Sports is the largest sporting goods retailer of new and quality used merchandise in North America, ranked in Entrepreneur Magazine's Top Franchise 500. The franchise offers customers cash on the spot for their quality used sports gear and fitness equipment, providing significant savings on sporting goods purchases for new gear they need. The franchise is eco-friendly and community-focused, an integral part of the fabric of the local sports scene. Parents with growing kids prefer Play It Again Sports as their go-to sporting goods retailer for the value they seek and the quality merchandise they need. The franchise believes in delivering high-quality used and new sporting goods equipment in a fun and convenient environment while maintaining an active and healthy lifestyle through sports and fitness. Overall, Play It Again Sport franchise in Traverse City, Michigan, presents a lucrative and exciting investment opportunity with a successful business model that has stood the test of time.