Plato's Closet

Who are we

What to know about Plato's Closet franchise? Plato's Closet is a second-hand clothing store that buys and sells gently used clothes, shoes, and accessories for both guys and girls. Their stores are arranged by gender and category, making it easy for customers to find exactly what they're looking for. They carry all the latest styles from the client's favorite brands. The company only buys and sells items that are "in style". This means that their inventory is constantly changing to reflect the latest fashion trends. They also offer a wide range of sizes so that everyone can find something that fits them perfectly. Plato's Closet provides their franchisees with everything they need to open and operate a successful store. This includes comprehensive training, marketing support, and access to their exclusive inventory. Plato's Closet is based in Minneapolis, MN. Scroll down to learn more!How much does a Plato's Closet franchise cost?Are you wondering how much is a Plato's Closet franchise? Before starting a Plato's Closet franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Plato's Closet franchise is $269,700 and can go all the way up to $407,400. Keep in mind, you should also allocate additional funds to live off of while the Plato's Closet business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Plato's Closet franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Plato's Closet business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Plato's Closet franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.