Bottom line
- Total investment $346K – $460K including a $25K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $1.2M/year (median $1.0M).
- Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 180 loans (below the industry average).
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Play It Again Sports unit return on the cash you put in?
Unlevered ROIC · per unit
18%
Below typical band (30–60%)
Overview
About
Play It Again Sports franchisees operate retail locations specializing in new and used sporting goods, equipment, and apparel. Day-to-day operations include inventory management (buying, selling, trading used equipment), customer service across both retail and buyback programs, and managing tight margins in a competitive sporting goods market dominated by larger chains.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 12 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Play It Again Sports presents moderate-to-cautionary risk: slow unit growth, undisclosed profitability, and high capital requirements relative to revenue potential warrant deep financial due diligence.
Score breakdown · what drove the 44 / 100 rating
- 01MINORMinimal unit growth (2.3% YoY) indicates market saturation or declining franchisee interest in a mature system
- 02MEDNet income not disclosed in Item 19 prevents ROI verification and suggests weak profitability metrics
- 03MINORHigh initial investment ($346,300–$459,700) relative to modest average revenue ($1.17M) yields thin margin potential
- 04MED309 units is relatively small for an established brand, suggesting limited system strength and bargaining power
- 05HIGHNo going concern statement is positive, but combined with slow growth raises questions about system viability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
99 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Play It Again Sports · FDD (2026) PDF