Plato&#x27;s Closet

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)

vs.

for

franchises

Operating Profit

vs.

for

franchises

Franchised units

506

(

)

(

)

vs. 2 years ago

Company-owned units

Total units

506

UNITS

This is how many units the franchise has in total

Franchised units

Company-owned units

Total units

2024

506

500

489

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Plato's Closet

Retail

franchises

franchises

Revenue

- COGS

Gross Profit

- Labor costs

- Other costs

Operating Profit

Sales : Investment ratio

Investment Payback

Franchise Disclosure Document

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COMPETITORS OF

Plato's Closet

Franchise

506

No growth

$25,000

$287,000

$417,000

Undisclosed

n.a.

$49,500

$30,000

$121,000

Undisclosed

120

-4%

$25,000

$272,000

$396,000

Undisclosed

n.a.

$46,000

$193,000

$271,000

Undisclosed

150%

$40,000

$231,000

$515,000

Undisclosed

-4%

$50,000

$93,000

$252,000

Undisclosed

858

-10%

$34,000

$215,000

Undisclosed

-8%

$60,000

$288,000

$367,000

Undisclosed

150

-35%

n.a.

$1,330,000

$2,116,000

Undisclosed

112

37%

$39,500

$156,000

$347,000

Undisclosed

25%