Start-Up Costs and Fees |
||
| Las Vegas Golf & Tennis | Play It Again Sports | |
| Investment | 537000 - 774000 | 282900 - 393900 |
| Franchise Fee | ||
| Royalty Fee | 3% | 5% |
| Advertising Fee | 1K/yr | |
| Year Founded | 1974 | 1983 |
| Year Franchised | 1984 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Las Vegas Golf & Tennis | Play It Again Sports | |
| Experience | General business experience | |
Financing Options |
||
| Las Vegas Golf & Tennis | Play It Again Sports | |
| Franchise Fees | Yes | No |
| Start-up Costs | Yes | No |
| Equipment | Yes | No |
| Inventory | Yes | No |
| Receivables | Yes | No |
| Payroll | Yes | No |
Training & Support |
||
| Las Vegas Golf & Tennis | Play It Again Sports | |
| Training | On-The-Job Training: 22 hours Classroom Training: 56 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of employees needed to run franchised unit: 5 - 8 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | Number of Employees Required to Run: 3 - 5 |
Expansion Plans |
||
| Las Vegas Golf & Tennis | Play It Again Sports | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | |
| Franchise Fee | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | |
| Royalty Fee | |
| Las Vegas Golf & Tennis | 3% |
| Play It Again Sports | 5% |
| Advertising Fee | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | 1K/yr |
| Year Founded | |
| Las Vegas Golf & Tennis | 1974 |
| Play It Again Sports | 1983 |
| Year Franchised | |
| Las Vegas Golf & Tennis | 1984 |
| Play It Again Sports | 1988 |
| Term Of Agreement | |
| Las Vegas Golf & Tennis | 15 years |
| Play It Again Sports | 10 years |
| Renewal Fee | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Las Vegas Golf & Tennis | General business experience |
| Play It Again Sports | |
Financing Options |
|
| Franchise Fees | |
| Las Vegas Golf & Tennis | Yes |
| Play It Again Sports | Yes |
| Start-up Costs | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | |
| Equipment | |
| Las Vegas Golf & Tennis} | |
| Play It Again Sports | |
| Inventory | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | |
| Receivables | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | |
| Payroll | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | |
Training & Support |
|
| Training | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | On-The-Job Training: 22 hours Classroom Training: 56 hours |
| Support | |
| Las Vegas Golf & Tennis | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Play It Again Sports | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Las Vegas Golf & Tennis | Co-op advertising, Ad slicks, Regional advertising |
| Play It Again Sports | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Las Vegas Golf & Tennis | Number of employees needed to run franchised unit: 5 - 8 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
| Play It Again Sports | Number of Employees Required to Run: 3 - 5 |
Expansion Plans |
|
| US Expansion | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Las Vegas Golf & Tennis | 0 |
| Play It Again Sports | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Las Vegas Golf & Tennis | |
| Play It Again Sports | |