WHAT MARKETS ARE AVAILABLE?
We are currently the largest chain of triathlon focused retail stores in the U.S., with 18 locations in 9 states. We aim to have a retail location in major cities across the country where we can service our target customers. It is important for us to be able to provide the best support possible to ensure a strong successful franchise system to our franchisees so we will carefully evaluate expansion plans as we grow.
WHAT ARE THE ROYALTY AND ADVERTISING FEES?
Franchisees can expect to pay a 5% royalty fee of gross sales. Franchisees will contribute up to 1% of gross sales to a National Advertising Fund as well as 2% for local store marketing activities. All fees, estimated initial investment costs, contracts, corporate financial statements, and other valuable information are included in the Franchise Disclosure Document (FDD).
DOES PLAYTRI OFFER FINANCING?
Playtri Franchising, LLC does offer financing. Franchisees who meet certain qualifications may have access to financing as outlined in the Franchise Disclosure Document (FDD).
WHAT TYPE OF SUPPORT WILL I RECEIVE FROM PLAYTRI?
Playtri has a dedicated team that offers ongoing email and phone support. We provide site selection assistance, classroom and in-store training that cover all aspects of running a retail store, training and support to help build a profitable business and an in-person brand launch. We are here to make sure Playtri’s opening in your market is a success.
WHAT SIZE IS A PLAYTRI RETAIL STORE?
The standard recommended store size is 2,500 to 4,000 sq. ft. There are numerous things to consider when choosing a location and size. Playtri will assist you with these decisions as part of the site selection process.
WHAT DOES PLAYTRI EXPECT FROM A FRANCHISEE?
Playtri is looking for franchisee’s that have a passion for helping people get healthy and are willing to work hard while following the system we have set forth.
HOW LONG DOES IT TAKE TO OPEN A PLAYTRI STORE?
The general timeline is approximately 6-8 months from the time the Franchise Agreement is signed to the grand opening. Different factors can affect this timeline.
None of the communications made through this Web site should be construed as an offer to sell any franchise in, nor is any such communication directed to, the residents of any jurisdiction requiring registration of the franchise before it is offered or sold in the jurisdiction. No franchises will be sold to any resident of any such jurisdiction until the offer has been exempted from the requirements of, or duly registered in and declared effective by, such jurisdiction and the required Franchise Disclosure Document (if any) has been delivered to the prospective franchisee before the sale in compliance with applicable law. If you have any questions concerning the registration status of franchises in your jurisdiction, please contact us at Franchise@playtri.com.
We are happy to answer any and all inquiring about our franchise program.