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At a Glance

  • Founded: 1998
  • Locations: 479
  • Initial Investment: $ 251K -390K
  • Headquarters: Minneapolis, MN
  • Category: Clothes Retail

Plato's Closet

As the established leader in the teen resale-retail space, Plato’s Closet offers gently-used, brand-name apparel and accessories to both girls and guys at a fraction of the retail cost. With over 475 locations and more opening every month, Plato’s Closet is the fastest growing franchise in the teen retail space. Plato’s Closet was ranked the #1 Retail Franchise Investment in the $150,000 - $500,000 range by Forbes for the last two years and has been #1 in it's category in Entrepreneur's Franchise 500 on an annual basis. The system widinteriore sales average across more than 475 stores is over $1M.

The business and financial model for this brand is unparalleled. If there’s one constant with the teen to twenty-something demographic it’s change. While changing hair color, profile pics, musical tastes and other interests are common, nothing requires more attention than their ever changing fashion needs! The exciting part about this group is they spend money to stay on top of the latest trends – to the tune of about $50 Billion annually plus another $170 Billion that others spend on them!

Current Plato's Closet Resales

Plato's Closet Listings

Plato's Closet - Palm Beach Garden, FlorTop Performing and profitable Plato's Closet location$99,000View Full Listing

Plato's Closet - Sugarland, TexasTop Performing and profitable Plato's Closet location $305,000View Full Listing

Plato's Closet - Beaumont, TexasWell established and profitable Plato's Closet location$364,000View Full Listing

Plato's Closet - Laredo, TexasTop Performing Plato's Closet location$175,000View Full Listing

Plato's Closet - Jacksonville, FloridaHigh Performing, High Upside Plato's Closet location$825,000View Full Listing

Plato's Closet - Long Beach, CaliforniaTop Performing and Top ranked Plato's Closet location$150,000View Full Listing

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