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WINA - Winmark Corporation ()

Overview

Company Summary


Winmark Corporation is a retail franchise company that specializes in the buying, selling, and leasing of used and new products. The company operates a range of retail chains and helps individuals and businesses enter and operate franchised retail stores.

At the core of its business model, Winmark offers franchises that allow entrepreneurs to own and operate retail stores under various brand names. These brand names include Play It Again Sports (a seller of sporting goods), Music Go Round (a retailer of musical instruments and equipment), Plato's Closet (a buyer and seller of trendy clothing and accessories), Once Upon A Child (a reseller of children's apparel and products), and Style Encore (a buyer and seller of women's apparel and accessories).

Winmark Corporation supports its franchisees with comprehensive training programs, ongoing operational support, marketing assistance, and technological support. By leveraging their experience and expertise, franchisees benefit from the established brand recognition, operational systems, and supply chains, which ultimately increase their chances of success.

To ensure a consistent and efficient operation throughout its franchise network, Winmark Corporation also offers management software called "Winmark Franchise Software" (WFS). This software assists franchisees with inventory tracking and control, point of sale operations, reporting, and store management.

In addition to its franchising activities, Winmark Corporation also operates a subsidiary called Wirth Business Credit. Wirth Business Credit offers equipment leasing services to small businesses in various sectors, providing them with financing solutions to acquire machinery, technology, or other business assets.

Overall, Winmark Corporation facilitates entrepreneurship by offering franchise opportunities, while also providing support and resources to ensure the success of its franchisees.

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