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Plato's Closet - Jackson, TN

High Performing and Profitable Store!

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asking price
$
450,000
gross sales
$
1,300,000
cash flow
$
NDA Required
employees: 
15
founded: 
2019

Plato's Closet Jackson is a great store in a great location.  Asking price does not include inventory that is currently approximately $120,000 at cost.

Store recently renovated!  All carpet removed and replaced with beautiful LVT flooring.  New HVAC installed by landlord in 2022.

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 owners 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.

If you are looking for a recession proof business, this is the one for you!


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!


169 Stonebrook Place Suite E
Jackson , Tennessee 38305
United States
First name *

Last name *

Your phone *

Your email *

Your message *

Send me more information from these Trusted Sources:

Benetrends FinancialFunding your business. Fueling your growth.

Live Oak BankGet Funding from our trusted financial partners

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




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