How Much Can I Make?
What to Expect as a Plato's Closet Franchise Owner
Investing in a Plato's Closet resale franchise offers an excellent opportunity for aspiring entrepreneurs to own a successful business. As the fastest-growing resale retail franchise, you’ll benefit from existing brand recognition and customer loyalty to generate sales from the get-go.
With minimal risk and high potential reward, Plato's Closet may be ideal for franchisees looking to launch their own businesses. For an idea of what you can expect to make as one of our teen retail franchise owners, take a look at some highlights from Item 19 from our Franchise Disclosure Document (FDD) below.
- $1,999,194 Top Quartile Average Gross Sales (2023)*
- $1,300,065 Average Gross Sales (2023)*
- $821,845 Average Gross Profit $ (2023)*
- 63.22% Average Gross Profit % (2023)*
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Markets View Map
Plato's Closet Fast Facts
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Real Estate
• Power strip centers or suburban centers around regional shopping malls with a solid teen draw
• 3,500 – 4,500 square feet
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Core Customers
• Females age 12 to 24
• Middle to upper middle income households
• Junior/senior high school and college students
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Product Selection
• 98% gently used
• 2% new
• Current, trendy styles for teen and twenty-something males and females
• Clothing, accessories, footwear, outerwear and athletic wear
• A few top brands: Lululemon, American Eagle, Adidas, Coach and Free People
Our Numbers Tell a Compelling Story
Invest in a Sustainable Future with a Plato's Closet Resale Franchise
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$1,999,194
Top Quartile Average Gross Sales in 2023*
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500+
Stores in North America
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$1,300,065
Average Gross Sales in 2023*
Average Unit Sales
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2019
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2021
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2023
Plato's Closet Store Owners Love to Franchise with Winmark
"I needed that support. I was young, I didn't have a lot of background or, classes in college, in business, on the business side of things."- Jordan P.
Empowering Success Together
Experience the competitive edge of our franchise training and support programs. Gain the knowledge, resources, and mentorship to thrive as a franchisee.
