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About
Winmark Corp. engages in creating, supporting, and financing business. It operates through the Franchising and Leasing segments. The Franchising segment involves in franchising retail store concepts that buy, sell, trade, and consign merchandise. The Leasing segment includes Winmark Capital Corp. and Wirth Business Credit, Inc. that caters to large and medium-sized businesses and focuses on technology-based assets. The company was founded in 1988 and is headquartered in Minneapolis, MN. | |||
Description
Winmark Corporation operates as a franchisor of 5 retail store concepts that buy, sell, trade, and consign merchandise primarily in the United States and Canada. The company operates through two segments, Franchising and Leasing. Its franchises retail stores operate under the Plato's Closet, Once Upon A Child, Play It Again Sports, Music Go Round, and Style Encore brand names. The company's Plato's Closet brand stores buy and sell used clothing and accessories for the teenage and young adult market; and Once Upon A Child brand stores buy and sell used and new children's clothing, toys, furniture, equipment, and accessories primarily targeting parents of children ages infant to 12 years. Its Play It Again Sports brand stores buy, sell, trade, and consign used and new sporting goods, equipment, and accessories for various athletic activities, such as team sports, fitness, ski/snowboard, golf, and others; Music Go Round brand stores buy, sell, trade, and consign used and new musical instruments, speakers, amplifiers, music-related electronics, and related accessories; and Style Encore brand stores buy and sell used women's apparel, shoes, and accessories. In addition, the company is also involved in middle-market equipment leasing business focusing on technology-based assets for large and medium-sized businesses; and small-ticket financing business. As of December 31, 2016, it had 1,186 franchised stores. Winmark Corporation was founded in 1988 and is headquartered in Minneapolis, Minnesota. | |||
