Franchise Analysis: Overview



Plato's Closet Franchise Opportunity

Overview


Last Reviewed
July 09, 2018
Plato's Closet logo
Plato's Closet buys and sells gently used clothing for teens and twenty-something boys and girls.

How much does a Plato's Closet franchise cost?

Plato's Closet has a franchise fee of up to $25,000, with a total initial investment range of $255,000 to $400,900.

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Local Plato's Closet franchise opportunities.

Plato's Closet is looking to grow in a number of cities around the country. To find out if there's a franchise opportunity in your city, unlock more information.

How much money does a Plato's Closet franchise make?

How much money you can make from any franchise depends on a number of personal factors such as what state you live in, labor costs, commercial lease rates and a number of other factors. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
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A
Grade
Mtg vertical
Certified

Plato's Closet is a Made The Grade™ franchise, which means it's ranked highly by our analysts!

Total Investment

$255,000 - $400,900

Franchise Fee

$25,000

# of Franchised Outlets

476

Franchise Agreement
Initial Term

10 Years

Renewal Term

10 Years

Franchisee Outlet Growth
2010

301

2017

476

Ongoing Fees
Royalty

5.0%

Ad Fees

5.0%

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Our Franchise Analysts have prepared detailed notes about Plato's Closet, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!

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