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Plato's Closet - Palm Beach Garden, Flor

Top Performing and profitable Plato's Closet location

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asking price
$
99,000
gross sales
$
N/A
cash flow
$
N/A
employees: 
11
founded: 
2009

Plato's Closet Palm Beach Gardens, FL has been in the community since 2009. This is an established business and excellent opportunity to be a part of the south Florida fashion scene! The owner is retiring and motivated to sell- check out the low price! This is an excellent opportunity for the right individual!.

With more attention and marketing efforts 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 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!


2863 Northlake Blvd
Palm Beach Gardens, Florida 33403
United States
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Benetrends FinancialFunding your business. Fueling your growth.

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