Playtri offers triathlon coaching, training programs, and retail services for athletes. The franchise provides tailored coaching for individuals and groups, along with specialized equipment to help athletes achieve their personal fitness goals.
Key Insights
- Founded from a passion for multisport, Playtri began as a small operation offering coaching and event services. Over time, its growth led to the development of retail locations and a comprehensive platform for athletes of all levels, establishing a significant presence in the endurance sports community.
- The franchise operates a multifaceted business model that encompasses retail sales of athletic equipment and apparel, expert coaching services for swimming, biking, and running, and the organization of various sporting events. This integrated approach caters to a broad spectrum of participants within the endurance sports market.
- The multisport industry is characterized by a dedicated and growing participant base seeking specialized products and services. Playtri is positioned within this sector, serving athletes interested in triathlons, running races, cycling events, and other endurance challenges, a market segment with consistent engagement.
Franchise Fee and Costs to Open
Exploring the financial picture of Playtri gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $269,700 - $539,167, along with a franchise fee of $29,500 - $29,500.
Financial Performance and Revenue
Yearly gross sales of $995,833 and estimated earnings of $119,500 - $149,375 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 3.5-5.5 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Playtri provides new franchisees comprehensive training. This initial program lasts two weeks and is conducted at Playtri's headquarters. Playtri offers operational guidance and access to marketing resources. The franchisor recommends utilizing established Playtri systems for a strong launch. Franchisees receive ongoing support and a playbook of best practices.
Legal Considerations
Legal considerations for a Playtri franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee might encounter challenges related to local market competition from established swim schools or independent coaches. Operational complexity arises from managing class schedules, instructor certifications, and equipment inventory. Reliance on specific suppliers for swim equipment or apparel could also present considerations for consistent availability and pricing.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Playtri franchise?
How can I estimate the profitability and return on investment (ROI) of a Playtri franchise?
What is the franchisee fee for a Playtri franchise?
How to open a Playtri franchise?
How many locations does Playtri have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
