Plato's ClosetNew/used clothing for teens & young adultsBackground
Founded: 1998 Franchising since: 1999
Since 1998, Plato's Closet locations have sold the latest in gently used, name-brand teen fashions. Stores in the chain only buy current fashions that are in good condition. Plato's Closet also sells used accessories, books, CDs, games, picture frames and other items.
Plato's Closet is owned by Winmark (formerly Grow Biz), which also franchises Music Go Round, Once Upon A Child, and Play It Again Sports.
Franchisor has 100 employee(s); 5 employee(s) in franchise department. Franchise Growth
Where Seeking Franchisees In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming Outside the U.S.: Canada Exclusive territories available. Territory size: 5-mile radius Costs and Fees
Type of Financing Available
Qualifications Net worth requirement: $200K Cash liquidity requirement: $52.98K-98.9K Business Experience:
Operations
Training and Support
Training
Ongoing Support
Marketing Support
Rankings
Franchise 500® rank:
#151 (2009); #150 (2008); #150 (2007); #165 (2006); #206 (2005); America's Top Global Franchises: #118 (2009); #120 (2008); #114 (2007); Related Franchises
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