Video Game Company Achieves Number Nine Status
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Play N Trade Franchise, Inc., one of the fastest-growing franchises worldwide, today announced that it has been recognized by Entrepreneur Magazine as one of the "Top 10 New Franchises" for 2008, achieving the number nine ranking. The company was ranked at number 207 out of all the companies included in the annual "Franchise 500" list.
"We were named one of the 'Top 50' new franchises in 2007 by Entrepreneur, and we are very proud of the fact that we have moved up to the top 10 in just one year," said Ron Simpson, founder of Play N Trade. "We also rose significantly in the overall rankings, up to number 207 from 460 last year. These achievements are further validation of our compelling business model and the strength of the video game market. We offer entrepreneurs the best opportunity to be part of the fastest-growing sector in retail that continues to show strong upside and profitability."
Play N Trade stores deliver a unique customer experience that mixes retail with in-store tournaments and contests, a "try any game before you buy" policy, disc and console repair services, and an extensive selection of new and used games, consoles and accessories, ranging from retro to most current. Customers can buy, sell and trade-in used games, consoles, accessories and cell phones for in-store credit toward the purchase any product or service offered in the store.
"Our franchisee-based business model is the key to our continued growth and success," Simpson said. "We own no corporate stores, and so our focus is on delivering comprehensive, continuous training and support to our franchisees. We believe this approach offers them the best of both worlds. They are backed by a strong corporate infrastructure while maintaining the flexibility that enables them to respond to their local markets and provide the ultimate customer experience for everyone who walks through their doors.
"At Play N Trade, it's a customer experience, not a corporate experience. That's the foundation of our culture, and the market has responded positively. We look forward to working with our franchisees to accomplish even greater achievements in 2008."
About Play N Trade
Play N Trade is the largest and fastest-growing video game franchise worldwide. It is also one of the fastest-growing franchises worldwide across all industries. To date, the company has sold more than 400 franchises, opened more than 100 stores, and is now opening a new store every other day. The company provides exceptional training, support and marketing systems to its store owners, who in turn provide an outstanding customer experience for their shoppers. Play N Trade customers can try any video game before they buy, participate in local and national tournaments, have their consoles and games repaired, as well as buy, sell and trade video games. Please visit www.playntrade.com or call 1.888.PNT.GAME for more information.