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Plato's Closet Palm Beach Gardens FL

Great store and a great location!

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asking price
$
575,000
gross sales
$
NDA Required
cash flow
$
NDA Required
employees: 
10
founded: 
2009

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!


2863 Northlake Blvd
Palm Beach Gardens, Florida 33403
United States
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.

Live Oak BankGet Funding from our trusted financial partners




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