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Plato's Closet |
 Cash in on Gen Y's passion for fashion! Plato's Closet is the hippest, hottest franchise concept in the industry! New to Canada, Plato's Closet buys and sells gently used brand name apparel and accessories for teens and twenty-somethings. Savvy shoppers save on hot labels like gap, abercrombie & fitch, and more. Join the team and get extensive training and support from an experienced franchisor.
Plato's Closet® is part of a franchise system that has been supporting unique retail franchise businesses since 1987. Winmark Corporation's years of experience and small business services combined give you a great head start with extensive training and support that includes:
- Business planning assistance including development of a three-year business plan
- Retail site selection, demographic studies and area market analysis
- Over 75 hours of classroom instruction and in-store training
- Store set-up assistance including store layout, design and build-out direction
- On-site pre-opening and opening support including employee training, merchandising, store operations and service procedures
- Proprietary computer system specifically designed to meet the needs of our unique buying and selling business model
- Access to a toll-free computer support center staffed by technicians that provide assistance with hardware, software and operational questions seven days a week
- Professionally produced advertising and marketing resources including television and radio commercials, direct mail materials, print advertisements, local store marketing programs and much more
- Ongoing small business consultation support from regional field operations staff who work as an analyst, advisor and liaison between the franchise system and the corporate office team
- Annual franchise conferences with networking and training opportunities.
- Access to Winmark Business Solutions online resources and business guide
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Costs and Fees |
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Investment Required: |
$168,500- $300,000 |
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Capital Required: |
N/A |
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Franchise Fee: |
$20,000 |
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Ongoing Royalty Payments: |
5%of gross sales |
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Advertising Fees: |
N/A |
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Other Fees: |
N/A |
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Terms of Agreement: |
N/A |
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Renewal Fee: |
N/A |
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Franchisee Support |
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Financing: |
N/A |
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Franchisee Training: |
Yes |
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Franchisee Marketing Support: |
Yes |
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Franchisee Operations |
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Number of Employees: |
N/A |
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Absentee Ownership Allowed: |
N/A |
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Opportunities: |
N/A |
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Franchisee Prerequisites |
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Net Worth: |
N/A |
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Cash Liquidity: |
$52,980 - $98,655 |
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Business Experience: |
N/A |
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Franchise Locations |
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Franchise Available: |
Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Nova Scotia Northwest Territories Nunavut Ontario Prince Edward Island Quebec Saskatchewan Yukon
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