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Plato's Closet - Beaumont, Texas

Well established and profitable Plato's Closet location

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asking price
$
364,000
gross sales
$
N/A
cash flow
$
N/A
employees: 
N/A
founded: 
2011

Plato’s Closet Beaumont, is a profitable established business with great teen to young adult demographic.

A new buyer can hit the ground running with this established location.

This location has the potential to be a top performer in our system. No previous experience in teen fashion is necessary as full training will be provided.

Current owner is selling as they are multi-unit operators and wish to downsize.


At A Glance
Founded: 1998
Locations: 479
Initial Investment: 251K -390K
Headquarters: Minneapolis, MN
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 wide 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!


4420 Dowlen Rd
Beaumont, Texas 77706
United States
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Last name *

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FranFundGet the funding you need for your franchise from an experienced financial partner.

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