Play It Again Sports Days Off
Play It Once again Sports owners fix to retire and paw off St. John's used sporting goods shop
After 28 years, Bob O'Neill says the fourth dimension is correct to hang upwardly the skates, so to speak
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ST. JOHN'S, Due north.L. — Bob O'Neill and staff at the Play It Over again Sports used sporting goods shop in St. John'south have served a lot of customers over the last 28 years.
"Originally, they came in as modest kids themselves years agone with their ain parents, and now they're coming in with their own kids," reflected O'Neill, one of the store'southward owners. "We've reached unlike generations of customers."
But with O'Neill representing the youngest member of the ownership team at the age of 64, at that place was a growing sense among them that a fourth dimension for modify was imminent. Thus, O'Neill and his colleagues are retiring from the business and looking for a new owner to take information technology over.
"I've got iii partners, and we're all very stiff advocates of the fact that nosotros feel that the franchise, it would be quite surprising if nosotros didn't reach an agreement with somebody for the purchase of it, because there's then many people who count on it," he told The Telegram Midweek.
"For the merchandise-ins, for the skate sharpening, for everything else."
"I said to somebody recently, I'd dear to know the dollar value of the production that nosotros've recycled through the years."
Saving waste material
There was no other business like it when O'Neill and his partners opened Play It Once again Sports in 1992. The business is part of a franchise with locations throughout the The states and Canada, though the St. John's store is the merely one in Atlantic Canada. At that place were no other stores in the metropolis specializing in used sports equipment, and that remains the example today. Play It Again Sports offers trade-in discounts to customers who have onetime equipment that someone else might notice useful.
"I said to somebody recently, I'd dearest to know the dollar value of the product that we've recycled through the years," said O'Neill, who reckons the business keeps a lot of gear out of landfills.
A large part of what has helped the business 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 half the cost of new equipment. The trade-in selection tin can come in handy for parents needing to get new skates or soccer cleats equally their children abound, co-ordinate to O'Neill. He believes this has helped a lot of families afford to become their kids involved in sports when it otherwise would not have been financially feasible to do and so.
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Posted by Play It Once more Sports - St. Johns, NL. on Thursday, January fourteen, 2021
New, used gear
While information technology does have a unique position in the St. John'due south market selling used sports equipment, O'Neill said 80 per cent of the business 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'due south presence in the store. Soccer and figure skating are two other strong markets for the concern. For the latter sport, Play It Again Sports has consistently been the height retailer in Eastern Canada, according to O'Neill.
The store moved into its current location at 390 Topsail Rd. near the Hamlet Mall in 2016. The business and franchise are currently on the market for $100,000 as a turnkey operation, ready for apply the moment a new purchaser buys information technology. The current inventory would crave a dissever transaction, O'Neill said.
Knowing Play Information technology Over again Sports has connected with multiple generations over the years makes moving on from the business organization difficult, O'Neill admitted.
"Information technology's always one of the hardest parts — y'all have the relationships that are established with your customers, who supported us and then well over the years," he said.
Andrew Robinson is a business organization reporter in St. John's.
@CBNAndrew
Source: https://www.saltwire.com/from-multisite/the-chronicle-herald/business/regional-business/play-it-again-sports-owners-ready-to-retire-and-hand-off-st-johns-used-sporting-goods-store-543134/
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