Plato's Closet

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Founded

1998

Started franchising

1999

Industry
Retail
franchises
Sub industry
Fashion
franchises

Retail franchise specializing in buying and selling trendy and gently used clothing and accessories for young adults, offering affordable and stylish fashion choices.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

?

$287,000
 - 
$417,000

Initial franchise fee

?

$25,000

Royalty fee

?

5.00%

Advertising fee

?

5% to 7%

Revenue (AUV)

?

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Undisclosed

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Fashion
franchises

Operating Profit

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Fashion
franchises

Sales : Investment ratio

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Investment Payback

?

Franchised units

?

506

+
3%
(
17
)
3%
(
17
)

vs. 2 years ago

Company-owned units

?

0

Total units

?

506

UNITS

This is how many units the franchise has in total

Franchised units
Company-owned units
Total units

2024

506

0

506

500

0

500

489

0

489

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Plato's Closet
Retail
franchises
Fashion
franchises

Operating Profit

?

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Undisclosed

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Revenue (AUV)

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Gross margin

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Operating profit

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Sales : Investment Ratio

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Investment Payback (ROI)

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