Comments on: IS PLAY N TRADE A GREAT FRANCHISE OPPORTUNITY?

By: G

Fri, 28 Aug 2009 06:51:22 +0000

do the math. here’s a scenario for you: if your future pnt store is lucky enough to do say $50k per month, and your average GP for new merch + used merch is 30% (which is actually BETTER than Gamestop’s %), than you have 15k to play with at the end of each month. rent + misc operating costs+ royalties will run about $10k per month. labor will run minimally 2500 per month. hmmmm, that leaves you $2500, less taxes, for a $130k investment (and a lot of risk).

in socal, which has more gamestops than anywhere else in the country, pnt has already seen store closures, including 2 in irvine, one of which cost the owner $300k and was originally going to be pnt’s training store. another store was approved by pnt corporate for a franchisee even after 3 other franchisees had passed on the location.

i recommend to all of you considering this franchise, or for that matter any video game store…..think long and hard about your decision, and ask some very aggressive financial questions of many current store owners….ask about how they are making money, what their bills come to each month, and what gross and net pretax profit margins they are actually experiencing.

i think you may be surprised at the answers you get.

By: Sean Kelly

Sean Kelly — Wed, 12 Aug 2009 01:51:30 +0000

Played & Traded:
Are you saying that this MI auction was for one of the stores owned by Robert Meyers & Gamers Guild Holdings Inc, “the largest franchise holder in the PNT family”?
Do you know which stores franchisee Gamers Guild Holdings closed?
He sounded pretty confident just this past November.
Robert, is this true?

By: Played and Traded

Played and Traded — Wed, 12 Aug 2009 01:22:34 +0000

I love the arrogance of this guy. Incidentally, his “empire” of stores in Michigan is now closed. http://www.unhappyfranchisee.com/play-n-trade-mi-bankruptcy-auction/ . Virtually everything he said on these blogs was a lie, and it has now been proven.

By: Sean Kelly

Sean Kelly — Mon, 10 Aug 2009 15:22:08 +0000

Be sure to check out: PLAY N TRADE Forum Gets Spammed N Slammed Also, the article links at: PLAY N TRADE: Overview & Links

By: Sean Kelly

Sean Kelly — Sun, 21 Jun 2009 17:27:07 +0000

Play N Trade franchise conference in Vegas kicks off. Theme is “Stronger Together 2009″
http://www.unhappyfranchisee.com/play-n-trade-vegas-franchise-conference-underway/
http://www.bizzia.com/franchisepick/play-n-trade-franchise-conference/

PnT continues to try to sell franchises. Discovery Day franchise sales presentation today.
http://www.unhappyfranchisee.com/play-n-trade-franchise-discovery-days-continue/

Comments encouraged.

By: PLAY N TRADE: Vegas Franchise Conference : Franchise Pick - Picking the Perfect Franchise

Sun, 21 Jun 2009 16:40:18 +0000

[...] IS PLAY N TRADE A GREAT FRANCHISE OPPORTUNITY? January 26, 2008 (120+ [...]

By: donald

donald — Tue, 02 Jun 2009 07:41:42 +0000

I have been going to game stop and trading my games in for a while now, and everytime i trade My games in i dont get much out of them. I seen PLAYNTRADE last night while I was skateboarding and they seemed pretty high tech. So I was wondering “Do you get more money trading in your games at PLAYNTRADE or at GAMESTOP? Please reply ASAP

By: PLAY N TRADE: Overview & Links | Unhappy Franchisee

PLAY N TRADE: Overview & Links | Unhappy Franchisee — Sun, 31 May 2009 22:38:33 +0000

[...] most comments: PLAY N TRADE: CA Suspends PnT Franchise Registration April 23, 2009 (250+ comments) IS PLAY N TRADE A GREAT FRANCHISE OPPORTUNITY? January 26, 2008 (120+ [...]

By: Steven

Steven — Sat, 30 May 2009 22:54:22 +0000

Play N Trade is a joke. I went in to talk to an owner about his store. What i heard was shocking. Play n trade does not have a distributor or buying power. He was responsible for ordering his own games. I went in two days after ufc undisputed was released. I wasnted to pick one up but the owner told me they only received two copies for each platform. I couldn’t belive that a gamestore would only receive two copies of a big title such as ufc. For the forty five minutes or so not one customer entered the store. The pricing was high and the owner told me that play n trade provided the software that updated pricing. But when toys r us sells new games cheaper than play n trade sells them used you have a problem. I wouldn’t waste the time in buying one of these franchises. I could tell this owner of play n trade wishes he had not as well.

By: Brad

Brad — Wed, 13 May 2009 03:52:47 +0000

You make some valid points, but your info is wrong. The margin on new games is 13%-16%, and more on accessories. This is still not a lot of profit, but if you run your store right you can make money. You are right about the used being very important, and paying a franchise fee is tough, but not having a strong buying presence in this market will criple you. Joining Play N Trade makes more sense than the other options. They will have buying power and be able to purchase direct like Gamestop. Pricing will get cheaper, games will arive on time, and you can compete with anybody. PNT is about to be the third largest specialty video game chain in the USA.