Recent content by EnhancedLogic

Why didn't you just buy the fixtures and store it at your house? It would have saved you money in the long run. Anyway, it sounds like the market is just to crowded. Best Buy, Walmart, Gamestop, CompUSA, and Frys. The list is virtually endless. The only thing that sets PNT apart from the...

BingBangBoom.. There is only one sure fire way to make it work. If you want your business to succeed then there are two things that you MUST do. First visit the very first Play N Trade store and study the demographics, competition in the area, and how they market their product. Next visit at...

Actually, i disagree with that. Quiznos is just like a Subway. They should be advertised only by franchisor, not the franchise. Franchisors are responsible of taking care of the company as a whole. When the 60% of the chain is dieing then something is very wrong with the franchisor. Don't...

Did you get a lawyer to read over the contract that you signed? (I forgot the name people normally call it...CFTO or something like that) When you read over the agreement, did you see any type of litigation? I've read that the franchisor is required to include any litigation that might be in...

Honestly, no matter how hard i look and how much research i do i still don't believe a video game store can compete with Best Buy, Walmart, and other such stores like gamestop. The market is to crowded unless you can find a really good location. Also, you have to worry about new content being...

BigBangBoom, when you finally open your store could you PM me and let me know what figures you are seeing for a year? I'm still considering opening a Video Game store because 55g a year average seems really nice just to sit around and play games with customers. :lol: What is the total...

I'm sure you will do well just because you have the drive to succeed. Now, i'll show you how to read an income statement if you don't understand it. GameStop Income Statement http://finance.yahoo.com/q/is?s=gme The most important thing you want to look for is how much a store is making a year...

If you take into account that you'll be the one working there 5 days a week then you could add 10g to the average.

^^^ That would be same thing as Play N Trade. In order to buy that brand you have to pay a 4% roality fee per year on top of the initial 22g license fee. Gamespot probably does have a few extra fees here and there but it wouldn't change the average by much. In fact it would probably even...

All this information can be found on gamestop's website in the FAQ section. It says they do not franchise any store and they have around 5,000 stores. Also, take into account that gamestop does sell games online so the average net profit margin is probably lower, around 42,000$ per year per...

What does o/o mean? Gamestop is a corporation so they do not franchaise anything out. All the profits goes back to a location in Texas. A 45g average per year would make me weary since gamestop is much more well known then Play N trade. Of course there are other things that come into play...

Hi, im new here and I'm also looking into Play N Trade. The thing that scares me is that the Video Game industry does not seem very profitable in the retail section. I looked at GameSpot's Income Statement and it shows that each store is only averaging out to 40,000$ per year. Maybe i did...