How many Plato Closet locations are there?
There are more than 460 Plato’s Closet locations and more opening every month making Plato’s Closet the fastest growing retail franchise in North America.
What states is Plato’s Closet in?
Search Plato’s Closet by states:
- Alabama.
- California.
- Colorado.
- Connecticut.
- Florida.
- Georgia.
- Idaho.
- Michigan.
How much does Platos Closet give you?
If they buy your clothes, it will usually be around 30 – 40% of the price you bought them at. They sell your clothes for 70% off retail prices, so in order to make a profit, they don’t want to spend much to buy them.
Where is the biggest Plato’s Closet?
Plato’s Closet in Brandon recently moved into a 7,400-square-foot space that more than doubles the consignment shop’s size. The move makes it one of the largest Plato’s Closets in the country.
Is Plato’s Closet profitable?
Plato’s Closet is one of Winmark’s top brands, achieving an average gross margin of 61.69 percent (according to its 2019 FDD). All of Winmark’s processes and procedures are designed to drive sales and profits for franchisees. As a resale franchise, buying is Winmark’s top priority.
Where did Plato’s Closet move to?
PLATO’S CLOSET of Springfield is moving to the former Walgreens building at Lawrence Avenue and Monroe Street. The franchise business, which has been in Southwest Plaza on Veterans Parkway since opening in 2003, buys and sells clothing and accessories for teens and 20-somethings.
Is Plato’s Closet all over the US?
With more than 475 North American locations—and more opening every month—our Plato’s Closet brand continues to provide marketplace success for franchisees passionate about delivering the latest trends and styles to the ever-changing fashion needs of young men and women.
What the most Plato’s Closet will give you?
The bottom line The first thing you need to know about Plato’s Closet is that when they take in your items, they give you between 30% and 40% of the retail value of that item. Say you bring in a pair of jean shorts that you bought for $20, the store can only give you so much for it.
Does Plato’s Closet buy backpacks?
We also accept shoes, purses, backpacks, jewelry, and hats! We purchase all seasons, all year round so you can bring us last years styles or items you’re done wearing for the season. If you have any questions about what we do accept, give us a call!
How much do Platos Closet owners make?
The average salary for an Owner Operator is $74,460 per year in United States, which is 36% higher than the average Plato’s Closet salary of $54,354 per year for this job.
How much does Platos Closet make a year?
In 2019, our average Plato’s Closet location had sales of $1,093,448, and our top 25% of these stores (113 locations) had average gross sales of $1,621,916.