Has Anyone Sold to Play It Again Sports
Play Information technology Again Sports owners ready to retire and mitt off St. John'southward used sporting goods store
After 28 years, Bob O'Neill says the time is right to hang upward the skates, so to speak
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ST. JOHN'South, N.50. — Bob O'Neill and staff at the Play It Again Sports used sporting goods shop in St. John'southward have served a lot of customers over the last 28 years.
"Originally, they came in as small kids themselves years agone with their own parents, and now they're coming in with their ain kids," reflected O'Neill, i of the store's owners. "We've reached different generations of customers."
But with O'Neill representing the youngest member of the ownership team at the age of 64, in that location was a growing sense among them that a time for alter was imminent. Thus, O'Neill and his colleagues are retiring from the business concern and looking for a new owner to take information technology over.
"I've got 3 partners, and we're all very strong advocates of the fact that nosotros experience that the franchise, it would exist quite surprising if we didn't attain an agreement with somebody for the buy of it, because at that place'due south so many people who count on it," he told The Telegram Wed.
"For the trade-ins, for the skate sharpening, for everything else."
"I said to somebody recently, I'd love to know the dollar value of the production that we've recycled through the years."
Saving waste
At that place was no other business like it when O'Neill and his partners opened Play It Again Sports in 1992. The concern is part of a franchise with locations throughout the U.s. and Canada, though the St. John's store is the just one in Atlantic Canada. In that location were no other stores in the city specializing in used sports equipment, and that remains the case today. Play It Once again Sports offers trade-in discounts to customers who have old equipment that someone else might observe useful.
"I said to somebody recently, I'd love to know the dollar value of the product that we've recycled through the years," said O'Neill, who reckons the business concern keeps a lot of gear out of landfills.
A large part of what has helped the business organization become a success has been the expensive nature of sports equipment. Used gear at Play It Again Sports is more often than not sold at one-half the cost of new equipment. The merchandise-in option can come in handy for parents needing to become new skates or soccer cleats as their children grow, according to O'Neill. He believes this has helped a lot of families afford to get their kids involved in sports when information technology otherwise would not have been financially feasible to do and so.
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Posted by Play It Again Sports - St. Johns, NL. on Th, January fourteen, 2021
New, used gear
While it does have a unique position in the St. John'due south market selling used sports equipment, O'Neill said lxxx per cent of the business organisation is defended to new gear. While hockey is a big part of what brings customers to Play It Again Sports, the growing popularity of golf has increased that sport's presence in the shop. Soccer and figure skating are two other stiff markets for the business. For the latter sport, Play It Again Sports has consistently been the pinnacle retailer in Eastern Canada, according to O'Neill.
The shop moved into its electric current location at 390 Topsail Rd. near the Village Mall in 2016. The concern and franchise are currently on the market for $100,000 as a turnkey operation, ready for utilize the moment a new purchaser buys information technology. The current inventory would require a separate transaction, O'Neill said.
Knowing Play It Once more Sports has connected with multiple generations over the years makes moving on from the concern difficult, O'Neill admitted.
"It's ever one of the hardest parts — you accept the relationships that are established with your customers, who supported u.s.a. and then well over the years," he said.
Andrew Robinson is a business reporter in St. John's.
@CBNAndrew
Source: https://www.saltwire.com/nova-scotia/business/play-it-again-sports-owners-ready-to-retire-and-hand-off-st-johns-used-sporting-goods-store-543134/
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