Plato S Closet Franchise Opportunities

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Plato s closet franchise opportunities.

The plato s closet process. How much does it cost to open a plato s closet franchise. Estimated number of units. Plato s closet stores are all independently owned and operated.

Our corporate headquarters is in minneapolis mn. As the biggest and most prominent retail resale franchisor in north america winmark knows what it takes to build a successful franchise business. For most teens what s new and hot and trendy always commands the most attention. We re a used clothing store that offers a huge selection of current trendy styles as well as every day basics you can t live without.

176 600 is the minimum that someone opening a location should expect to invest. If you have questions specific to product or services please use the store locator to find the nearest store and email them directly. Other brand names are trademarked or. Find resale clothes all at up to 70 off retail prices.

Plato s closet franchise opportunities lead the teen resale space in your community. We qualify candidates on an approximate investment of 275 000 to 350 000 however this investment will vary depending on the market and other factors. Other brand names are trademarked or. From social media to music and entertainment and of course fashion.

As in any successful start up business proper capitalization from day 1 is key. Over the last three decades we ve learned that finding the right individuals to partner with and represent our brands is essential to marketplace success no matter what territory they re in. The average store numbers are the 2019 average gross sales and average gross profit amounts stated in item 19 of the 2020 plato s closet franchise disclosure document as reported by 453 of the 454 stores that had been in operation at least one year as of december 28 2019. Winmark corporation is the franchisor the franchisee will own and operate a plato s closet retail store from which the franchisee will sell quality used and new brand name teen and young adult clothing and accessories.

There are currently 243 plato s closet units in operation. 20 000 is the franchise fee new franchisees pay the franchisor. The most the franchisor could ask you to invest is 328 900 if you want to become a franchisee.