If you like to try out your video games before you buy them, go on down to your local Play N Trade Video Games location. With over 150 stores open and 500 stores sold, this relative newbie offers a unique, proven opportunity for franchisees as the largest and fastest growing video game franchise in the nation.
Background and Benefits
In December of 2007, Play N Trade video games sold the rights to open over 400 stores in the U.S. and Canada. Play N Trade’s goal was to be the “single source for gamers’ needs” by providing everything from classic Nintendo 8 bit games to the very latest Xbox 360 console. Play N Trade video game stores concentrate on customer service to keep regulars loyal, offering in-store tournaments, discs and systems repairs, and the ability to order games and add-ons through the store. Area Developers are not required to open a store, manage employees, or inventory. Benefits to becoming an Area Developer include a flexible schedule with a “reasonable” initial investment.
How Much Does a Play N Trade Franchise Cost?
Play N Trade has a franchisee net worth requirement of between $128,000 and $244,000 with a cash liquidity requirement of between $30,000 and $100,000. Some general business experience is required and 31% of all franchisees own more than one unit. Only 1 to 2 employees are needed to run a franchised unit, and absentee ownership of the franchise is allowed.
What We Like
You can try any game before you buy it. Play N Trade Video Games is sheer marketing genius with an interactive website, and we like that they host both local and national video game tournaments. New franchisees are given a cameo spot right on the front page of the website where Play N Trade promotes their services and products in simple bullet points that even a kid can understand.
Pros
- Ranking - Play N Trade Video Games is ranked in the top ten new franchises by Entrepreneur Magazine.
- Ongoing Webinar Presentations - With accessibility like theirs, anyone can get in on the game.
Play N Trade Franchise Information
Business Established: 2001Franchising Since: 2003
Start-up Cost: $25,000-$67,000
Total Investment: $176,200-$362,200
