Login Register

Plato's Closet Cambridge, ON

Great store and a great location!

First name *

Last name *

Your phone *

Your email *

Your message *

Send me more information from these Trusted Sources:

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

Benetrends FinancialFunding Your Business. Fueling Your Growth.




asking price
$
449,000
gross sales
$
NDA Required
cash flow
$
NDA Required
employees: 
10
founded: 
2017

On behalf of the entire Winmark team, and our franchise family of over 850 franchisees and 1,271
stores, we want to thank you for your initial interest in joining our family.

As you may know, Winmark Corporation is the proud leader of 5 resale retail brands that are
family-friendly, value-oriented and focused on community service. Our brands have been on the
forefront of sustainability by doing our part by building a business model around the idea of
reducing the amount of waste by giving consumers the chance to buy and sell quality used items. We
are extremely proud of our franchisees who represent our great brands in the US and Canada and are
thrilled you are interested in joining us.

The Plato’s Closet® business model is stronger than ever! More than ever, teens and young adults
want to connect with brands that share their values, are environmentally friendly, and deliver
superior value to help them get the most for their money. At Plato’s Closet, we believe in what we
do and our franchisees understand the daily importance of staying connected with their customers
and their communities.

Our mission is to continue to deliver high quality used merchandise in a fun and
convenient environment while doing good for our world as well. Our franchisees delight every day in
reading the heartwarming stories on social media about how we have helped our customers
and our communities by providing great merchandise at affordable pricing that has allowed them to
get more for their money while staying in style.

At Winmark®, our franchisees’ success is paramount to our own success, and we protect those
investments in our brands as if it were our own. We appreciate the confidence our franchisees have
placed in our brands, our support and our systems, and we work diligently every day to continue to
improve upon our past successes.

We understand you have many options to invest your hard-earned money, and we take our role as your
financial stewards very seriously.

We appreciate you giving us the opportunity to tell you a little more about our Winmark family and
what we offer our franchise partners. We hope that you will join us on your journey into business
ownership!


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!


580 Hespeler Rd
Cambridge, Ontario N1R6J8
Canada
First name *

Last name *

Your phone *

Your email *

Your message *

Send me more information from these Trusted Sources:

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

Benetrends FinancialFunding Your Business. Fueling Your Growth.




All Plato's Closet Resales
Plato's Closet Chester, VAGreat store and a great location!$195,000 - VirginiaView Full Listing

Plato's Closet Vancouver, WAGreat store and a great location!$350,000 - WashingtonView Full Listing

Plato's Closet For Sale In Aurora, COGreat store and a great location!$700,000 - ColoradoView Full Listing

Plato's Closet Gresham for Sale! Profitable Teen Resale Clothing Store for Sale! $49,000 - OregonView Full Listing

Plato's Closet Gainesville, FLGreat store and a great location!$1,500,000 - FloridaView Full Listing

Plato's Closet Jacksonville, FL Gray BLVGreat store and a great location!$600,000 - FloridaView Full Listing

Plato's Closet Avenues Jacksonville, FLGreat store and a great location!$1,000,000 - FloridaView Full Listing

Plato's Closet For Sale In Valdosta, GAGreat store and a great location!$450,000 - GeorgiaView Full Listing

Plato's Closet For Sale Killeen, TXGreat store and a great location!$425,000 - TexasView Full Listing

Plato Closet Dothan, ALGreat store and a great location!$120,000 - AlabamaView Full Listing

Plato's Closet Anderson, SC Great store and a great location!$400,000 - South CarolinaView Full Listing

Plato's Closet Louisville, KYGreat store and a great location!$100,000 - KentuckyView Full Listing

Plato's Closet For Sale In Cary, NCGreat store and a great location!$925,000 - North CarolinaView Full Listing

Plato's Closet Palm Beach Gardens FLGreat store and a great location!$575,000 - FloridaView Full Listing

Plato's Closet Montgomery, ALGreat store and a great location!$200,000 - AlabamaView Full Listing

Plato's Closet Merrillville, INGreat store and a great location!$650,000 - IndianaView Full Listing

Plato's Closet Florissant, MOApparel Resale Store for Sale!$30,000 - MissouriView Full Listing

Plato's Closet Manassas, VA For SaleApparel Resale Store for Sale!$425,000 - VirginiaView Full Listing

Plato's Closet Santa Rosa, CAGreat store and a great location!$295,000 - CaliforniaView Full Listing

Plato's Closet Hamden, CTGreat store and a great location!$149,000 - ConnecticutView Full Listing

Plato's Closet Cambridge, ONGreat store and a great location!$449,000 - OntarioView Full Listing

Plato's Closet Minnetonka, MN Great store in a great place$750,000 - MinnesotaView Full Listing

Plato's Closet E. Colonial Dr, OrlandoApparel Resale Store!$571,000 - FloridaView Full Listing

Plato's Closet Mesquite, TXApparell Resale Retail Store For Sale$800,000 - TexasView Full Listing

Recent Articles

Pizza Franchise: A Guide to Choosing

The profitability of a pizza franchise can vary widely depending on several factors, including the brand, location, management, and market […]

12 Home Improvement Franchise Ideas That Can Build Wealth

Starting a home improvement franchise can be a lucrative business opportunity if you choose the right niche and manage it […]

RE/MAX Franchise & Other Real Estate Business Opportunities: What to Know

RE/MAX franchise is a global real estate network that was founded in 1973 by Dave and Gail Liniger.  It operates […]

Visiting Angels Franchise: Own a Business That Helps Others

What is a Visiting Angels franchise? Visiting Angels franchise is a well-known network that provides in-home care services to seniors […]

Batteries Plus Franchise: 13 Pros and Cons

Batteries Plus is a franchise that specializes in selling batteries, light bulbs, and related products and services. Like any franchise […]

Jiffy Lube Franchise: Key Costs and Requirements

The Jiffy Lube franchise is a leading provider of automotive preventive maintenance. With a national footprint of more than 2,000 […]