Plato's Closet Franchise $99,999

Santa Rosa, CA
listing image
Asking Price:$99,999
Inventory:$100,000
FF&E:$20,000
Gross Revenue:$960,000
Rent:$10,910/Month
Established Year:2006
BUSINESS DESCRIPTION

Motivated Seller

Entrepreneur Magazine has ranked Plato's Closet #1 resale franchise

BE YOUR OWN BOSS

Plato's Closet is the leading national resale business that specializes in the teen and twenty-something market group. With over 500 stores throughout North America, the average Plato's Closet generates approximately $1,000,000 in annual sales.

We have been fortunate to serve this community with such an incredible concept for 15+ years, helping teens stretch their budgets and preserving our environment at the same time through a sustainable and eco-friendly business. We've been able to support our local community by keeping inventory dollars local, creating jobs, and providing affordable fashions that are so important to our young people. Now we are looking to move on to our next opportunity and are looking for a passionate HANDS-ON owner to continue to serve our community with the #1 ranked teen resale brand, Plato's Closet. If you're looking for an opportunity to step into a business and hit the ground running, Plato's Closet Santa Rosa may be for you!

As a Winmark franchisee, you can expect:

• A 100% franchised system that serves franchisee success—not corporate stores
• An extensive training program to prepare you for the business ownership
• Ongoing operations and marketing support from a dedicated franchise team
• A critical and enticing niche inside the retail marketplace
• Powerful POS system and online cloud platform to assist you with pricing and metric analytics
• Rock-solid relationships with our third-party vendors
• A robust corporate infrastructure that is ready to support the needs of our franchisees

*Prospective Buyers must first financially qualify with Franchisor, Winmark Corporation, before financials can be furnished.


DETAILED INFORMATION
Location
Santa Rosa, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,975
Lease Expiration
31/12/2025
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All inventory, fixtures & supplies included (POS system, hang rails, racks, hangers, on-site cargo container, etc) channel sign recently upgraded to LED.
Reason for Selling
Needing to scale down and focus on other businesses
Franchise
This business is an established franchise

BUSINESS LOCATION
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Andrew Belleci
Andrew Belleci