Comments on: PLAY N TRADE: Video Game Franchise Played Out? http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/ The uncensored truth about franchises... from those who own them. Mon, 15 Mar 2010 17:29:04 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: John http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-22422 John Tue, 09 Mar 2010 06:21:03 +0000 http://www.unhappyfranchisee.com/?p=256#comment-22422 It is always a good idea when buying any franchise to ask for an updated list in writing of how many franchised units have closed in the last 12 months. The FDD is out of date in this regard. When looking at any franchise, this is very very important. The FDD may be dated 8 months ago, and it will not reflect this information. It is always a good idea when buying any franchise to ask for an updated list in writing of how many franchised units have closed in the last 12 months. The FDD is out of date in this regard. When looking at any franchise, this is very very important. The FDD may be dated 8 months ago, and it will not reflect this information.

]]> By: Joe http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-21729 Joe Wed, 24 Feb 2010 15:48:26 +0000 http://www.unhappyfranchisee.com/?p=256#comment-21729 I would be willing to bet that alot of current and former franchisees wish they would have done exactly that. Im also guessing that the people over at PnT corp are starting to get a little nervous, of the 2 pnt franchisees I still talk to from time to time, 1 is still open and he was telling me that stores are closing left and right, and now its not the just the crappy stores, but its now the big ones, doing 60k to 100k a month are now closing, including their former #1 store. So their argument of "its not us or the model, its the franchisee's fault" is starting to lose its luster. I would be willing to bet that alot of current and former franchisees wish they would have done exactly that. Im also guessing that the people over at PnT corp are starting to get a little nervous, of the 2 pnt franchisees I still talk to from time to time, 1 is still open and he was telling me that stores are closing left and right, and now its not the just the crappy stores, but its now the big ones, doing 60k to 100k a month are now closing, including their former #1 store. So their argument of “its not us or the model, its the franchisee’s fault” is starting to lose its luster.

]]> By: Mark Vannerath http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-21520 Mark Vannerath Mon, 22 Feb 2010 15:07:43 +0000 http://www.unhappyfranchisee.com/?p=256#comment-21520 Why would anyone want to start a franchise and pay all that upfront cost? I started my own mom n pop used video game retail store and it cost me $10k to setup the whole store (paint, flat screens, LAN play area aka birthday party area etc minus the inventory). I'm not on this forum to make money so thats why I'm not giving out my business info for my free ad plug. Seriously it's easy! I'm only 27 and I make $125k a year after all costs. I'm independent so I don't pay franchise fees, or have to follow any of their dumb rules. I can carry any item in my store I want and make it look how I want. If import japanese movies are hot then I can start carrying them in a small section of my shop... with pnt you gotta follow the planogram and get it approved...which they will not approve and you're stuck with a slow store behind the market. It's like you still have a boss... eventhough you own your own business to be your own boss. the pnt franchise concept is strange to me. I don't want to see anymore people getting ripped off by another playntrade franchise agreement. Do you guys seriously pay an additional 5% to corporate pnt for every sale? thats crazy!!! for what? do they advertise for you on tv ? no. play n trade is still generic. All you really need to start a successful video game retail is the vendor information. Once you get a distributor to sell you new games and such then you're good to go, thats the only thing pnt is really godo for is their vendor contact... which I have right here. Getting used games is easy thru yard sales, craigslist, trade ins, ebay lots, etc. I have the vendor info from a former pnt owner who went out of business and thats how I started my own store. seriously start your own store. I hate gamestops and pnts. contact me, my info is [removed by admin] Why would anyone want to start a franchise and pay all that upfront cost? I started my own mom n pop used video game retail store and it cost me $10k to setup the whole store (paint, flat screens, LAN play area aka birthday party area etc minus the inventory). I’m not on this forum to make money so thats why I’m not giving out my business info for my free ad plug. Seriously it’s easy! I’m only 27 and I make $125k a year after all costs. I’m independent so I don’t pay franchise fees, or have to follow any of their dumb rules. I can carry any item in my store I want and make it look how I want. If import japanese movies are hot then I can start carrying them in a small section of my shop… with pnt you gotta follow the planogram and get it approved…which they will not approve and you’re stuck with a slow store behind the market. It’s like you still have a boss… eventhough you own your own business to be your own boss. the pnt franchise concept is strange to me.

I don’t want to see anymore people getting ripped off by another playntrade franchise agreement. Do you guys seriously pay an additional 5% to corporate pnt for every sale? thats crazy!!! for what? do they advertise for you on tv ? no. play n trade is still generic.

All you really need to start a successful video game retail is the vendor information. Once you get a distributor to sell you new games and such then you’re good to go, thats the only thing pnt is really godo for is their vendor contact… which I have right here. Getting used games is easy thru yard sales, craigslist, trade ins, ebay lots, etc. I have the vendor info from a former pnt owner who went out of business and thats how I started my own store.

seriously start your own store. I hate gamestops and pnts. contact me, my info is [removed by admin]

]]> By: PLAY N TRADE: The BIG Franchise Discussion : Franchise Pick - Picking the Perfect Franchise http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-14422 PLAY N TRADE: The BIG Franchise Discussion : Franchise Pick - Picking the Perfect Franchise Wed, 09 Sep 2009 00:40:08 +0000 http://www.unhappyfranchisee.com/?p=256#comment-14422 [...] 2009 5:48 pmThere’s a comment on the other Play N Trade post here from franchisee Manny Velez. http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/He said he was the 2007 Franchisee of the Year but had to close after almost two years of operation. [...] [...] 2009 5:48 pmThere’s a comment on the other Play N Trade post here from franchisee Manny Velez. http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/He said he was the 2007 Franchisee of the Year but had to close after almost two years of operation. [...]

]]> By: PLAY N TRADE Recent Comments | Unhappy Franchisee http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-14336 PLAY N TRADE Recent Comments | Unhappy Franchisee Fri, 04 Sep 2009 18:58:58 +0000 http://www.unhappyfranchisee.com/?p=256#comment-14336 [...] PLAY N TRADE: Video Game Franchise Played Out? [...] [...] PLAY N TRADE: Video Game Franchise Played Out? [...]

]]> By: ADMIN http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-12101 ADMIN Thu, 30 Jul 2009 17:38:06 +0000 http://www.unhappyfranchisee.com/?p=256#comment-12101 As anon says, the best source of sales numbers will be other franchisees. Call as many as possible, especially in the case of Play N Trade. Also be sure to check out the lively Play N Trade discussion at UnhappyFranchisee.com. Here are some links: http://www.unhappyfranchisee.com/play-n-trade/ http://www.unhappyfranchisee.com/play-n-trade-ca-revokes-pnt-franchise-registration/ http://www.bizzia.com/franchisepick/is-play-n-trade-a-great-franchise-opportunity/ Play N Trade could provide unit sales information by providing an Earnings Claim in Item 19 of their Franchise Disclosure Document but, like 70% or so of franchisors, choose not to. As anon says, the best source of sales numbers will be other franchisees. Call as many as possible, especially in the case of Play N Trade.
Also be sure to check out the lively Play N Trade discussion at UnhappyFranchisee.com.
Here are some links:
http://www.unhappyfranchisee.com/play-n-trade/
http://www.unhappyfranchisee.com/play-n-trade-ca-revokes-pnt-franchise-registration/
http://www.bizzia.com/franchisepick/is-play-n-trade-a-great-franchise-opportunity/

Play N Trade could provide unit sales information by providing an Earnings Claim in Item 19 of their Franchise Disclosure Document but, like 70% or so of franchisors, choose not to.

]]> By: anon http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-12094 anon Thu, 30 Jul 2009 16:36:10 +0000 http://www.unhappyfranchisee.com/?p=256#comment-12094 Start calling PNT Stores and ask them. The franchisor can NOT give you any sales projections doing this would give you falls hope and open themselves up to law suit. The franchisee can share whatever they want. Start calling PNT Stores and ask them. The franchisor can NOT give you any sales projections doing this would give you falls hope and open themselves up to law suit. The franchisee can share whatever they want.

]]> By: raf http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-12069 raf Thu, 30 Jul 2009 05:02:32 +0000 http://www.unhappyfranchisee.com/?p=256#comment-12069 I am looking at a few different franchise opportunities, looks like PNT has a good concept, but doesnt like to get into the details as much as I would like.. Obviously I am aware that many factors affect sales, but I would like to know the top tier stores, sales the middle, and the bottom.. depending on the location, operation and execution - I imagine that stores should fall somewhere in the middle.. understand true sales numbers, from the start up phase, 6 months, 1 year, etc.. can provide with some guidance on what to expect the 1st year.. again i know many factors affect sales, but with a 4-5% royalty.. I need to know what my sales are likely to look like.. one other option I am looking at is a 7-11.. they very clearly outline sales/margin components, expenses, etc.. i wish PNT was clear on store sales numbers... not just big picture "industry" numbers... I am looking at a few different franchise opportunities,

looks like PNT has a good concept, but doesnt like to get into the details as much as I would like..

Obviously I am aware that many factors affect sales, but I would like to know the top tier stores, sales the middle, and the bottom.. depending on the location, operation and execution – I imagine that stores should fall somewhere in the middle..

understand true sales numbers, from the start up phase, 6 months, 1 year, etc.. can provide with some guidance on what to expect the 1st year..

again i know many factors affect sales, but with a 4-5% royalty.. I need to know what my sales are likely to look like..

one other option I am looking at is a 7-11.. they very clearly outline sales/margin components, expenses, etc..

i wish PNT was clear on store sales numbers… not just big picture “industry” numbers…

]]> By: William http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-7450 William Thu, 07 May 2009 20:18:41 +0000 http://www.unhappyfranchisee.com/?p=256#comment-7450 I am thinking of starting a PNT franchise. I am in the process of gathering information on the comapny and concept. Would you allow me to read your thesis? as it could be of great help to my final decision. I am thinking of starting a PNT franchise. I am in the process of gathering information on the comapny and concept. Would you allow me to read your thesis? as it could be of great help to my final decision.

]]> By: PLAY N TRADE Franchise Registration Revoked : Franchise Pick - Picking the Perfect Franchise http://www.unhappyfranchisee.com/play-n-trade-video-game-franchise-played-out/comment-page-1/#comment-6472 PLAY N TRADE Franchise Registration Revoked : Franchise Pick - Picking the Perfect Franchise Thu, 23 Apr 2009 15:51:56 +0000 http://www.unhappyfranchisee.com/?p=256#comment-6472 [...] PLAY N TRADE: Video Game Franchise Played Out? [...] [...] PLAY N TRADE: Video Game Franchise Played Out? [...]

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