Play It Again Sports Franchise In Chesterfield Missouri For Sale

Business description

The owners of Play It Again Sports - Chesterfield are selling the business in order to concentrate on their other businesses. The business opened in 2008 and has a year and a half left on its lease at the current location. The business has experienced significant sales growth in each of the years it has been open. While there is competition in the area from both national and local sports equipment retailers, Play It Again Sports offers great value to the many families in the neighborhood with kids who play team sports as well as being the only place where they can bring their used items in and receive cash or trade credit for them.

The store is located in a strip center with a high amount of traffic anchored by a popular grocery store. It has high visibility from Clarkson Rd. The fixtures in the store are in excellent condition. The business has always maintained the highest standards in merchandiing and shopability. The business also features a staff of 8 well trained and dedicated employees who all make customer service their first priority.

This business is perfect for someone who is involved with local sports organizations. There is still significant opportunity to expand the business in the area of team sales (uniforms, special orders, etc.).

Current assets including inventory are valued at $300,000-$325,000. The current owners are interested in selling to an individual(s) willing to pay for these assets as well as an additional $100,000 for the good will the business has already established within the community.

Franchise terms

10 year franchise agreement, 5% royalty on sales.

Property information

Real Estate:

Lease

Premises details:

Nearly 4,300 square foot space. Store is less than four years old.

Other information

Expansion potential:

Opportunities exist in team sales for an aggressive hands-on owner.

Support & training:

Support/Training: Training required by franchisor upon transfer. On-going support in advertising, marketing, inventory and financial management, merchandising and more. Conferences, trade shows, field visits, regional meetings are all part of the franchisors support system. Additional investment in working capital may be required.

Reasons for selling:

Multi-store operator downsizing.

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$225,000 (included in the asking price)