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Sunday, November 8th, 2009

PLAY N TRADE Franchise Registration Revoked

April 23, 2009 by Sean Kelly  
Filed under Business

videofranchises200When FranchisePick.com asked IS PLAY N TRADE A GREAT FRANCHISE OPPORTUNITY?, we got an earful… and 100+ comments.

According to Unhappy Franchisee, the California Department of Corporations has issued their opinion of the video game retail franchisor Play N Trade, and it ain’t good.

In fact, California is revoked the unit registration, denied the master franchise registration renewal and is recommending  heavy fines and penalties for alleged deceptive practices and violations of CA franchise law.

Play N Trade Franchise, Inc. has 60 days to respond to the complaint.

Read the legal document and penalties here: PLAY N TRADE: CA Revokes PnT Franchise Registration

WHAT DO YOU THINK?  SHARE A COMMENT BELOW.

Graphic:  FranBest Franchise Information

Also read:

PLAY N TRADE: Franchisee Shares Secrets of Success; Blasts “Whiners”

PLAY N TRADE: CA Revokes PnT Franchise Registration

PLAY N TRADE: Video Game Franchise Played Out?

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Comments

12 Responses to “PLAY N TRADE Franchise Registration Revoked”
  1. Carol Cross says:

    Everyone should read the Play and Trade Thread on UNHAPPY FRANCHISEE, a Sean Kelly website for a demonstration of ANOTHER top pick by Entrepreneur who has run into trouble in the State of California, and elsewhere?

    Comment moved here: Carol Cross

  2. Grant Smith says:

    what happened to all the play n trade stuff

  3. Grant Smith says:

    Dont any of you guys get it. This company is a total sham. Just look at all the shady stuff they have done in the past. Why would anyone trust them?

  4. Grant Smith says:

    I have been in many stores in several states and its the same thing everywhere I go. Some poor owner who is hundreds of thousands of dollar in debt, working their tails off, and barely breaking even.

  5. Sean, I am seeing a error 404 when I try to go the the unhappy franchisee site. Have you misplaced the story?

Trackbacks

Check out what others are saying about this post...
  1. [...] Sales Video May 18, 2009 PLAY N TRADE: Execs Respond to Blog Critics May 4, 2009 (10+ comments) PLAY N TRADE Franchise Registration Revoked April 23, 2009 PLAY N TRADE: Franchisee Shares Secrets of Success; Blasts “Whiners” [...]

  2. [...] thing I’ll tell you about Play N Trade is it’s a young growth business growing very, very rapidly… As we move forward in 2009 [...]

  3. [...] PLAY N TRADE Franchise Registration Revoked : Franchise Pick – Picking the Perfect Franchise on April 23rd, 2009 11:46 am[...] Read the legal document and penalties here: PLAY N TRADE: CA Revokes PnT Franchise Registration [...] [...]

  4. [...] PLAY N TRADE Franchise Registration Revoked April 23, 2009 [...]



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