With a 30 year history in franchising, Winmark Franchise Partners® are no strangers to franchise development. With our assistance, business owners have improved their unit level performance, increased their average unit volume, and provided a stronger ROI to their franchisees. We are proud to share with you examples of some of our most impressive partnerships. Here you can learn more about the difference our guidance can make and the substantial work we put into our partners’ businesses to help them succeed. The time and energy we put into these cases is the same effort we put into each and every new project.
Take a look at some of our recent case studies:
- Once Upon A Child® was once an iconic brand with over 200 stores. However, as sales began declining, their growth became stagnant. The Winmark® management team was able to pinpoint operational issues and implement effective changes. This resulted in a 50% increase in unit growth and a 140% increase in average unit volume. Thanks to our franchise consultants, Once Upon A Child has been ranked as the #1 kids’ apparel retailer for 15 years straight by Entrepreneur magazine and is currently experiencing its best year ever.
Our franchise advisors helped the Plato’s Closet® franchise become the #1 clothing resale franchise for the past several years! Winmark bought the franchise in 1999 and nearly 20 years later, it boasts more than 480 stores and has been named a top retail franchise several times by Entrepreneur magazine and voted the #1 investment in 2012 by Forbes magazine.
- Winmark Franchise Partners first ventured into the start-up world with Style Encore®, when we partnered with eight of our franchisees to launch the concept in mid-2013. We experienced early success and within a few years had opened over 70 stores, with many more in the process of opening.
- Winmark Franchise Partners took the Music Go Round® store and turned it into a #3 chain in the musical instrument category. In this case, slow and steady won the race, as we built a base of loyal customers and provided a fulfilling opportunity for franchise owners who have a passion for music.
- Play It Again Sports® was a major success story in the mid- to late-nineties, but due to its quick growth and lack of discipline on the part of management, it faced numerous issues and franchisees abandoned what made them unique: selling used sports products. Our franchise consultants turned the brand around and increased their average unit volume by over 44% and renewal rates of franchisees improved to over 95%.
With our assistance, franchise business owners have expanded their brand and recovered from periods of decline. For more information about how we can help in your particular situation, contact us today!