Plato's Closet in Valdosta
| Asking Price: | $375,000 |
| Gross Revenue: | $1,100,000 |
| Rent: | $3,850/Month |
| FF&E: | $80,000 |
| Cash Flow: | $220,000 |
| Inventory: | $100,000 |
| EBITDA: | $220,000 |
| Established Year: | 2016 |
Established, Profitable and huge opporunity to do more.
Entrepreneur Magazine has ranked Plato's Closet #1 in its category
Plato's Closet offers a truly unique retail franchise opportunity, as it is the leading national teen retail store of its kind -- focusing on the buying and selling of gently used, brand-name apparel and accessories for girls and guys! Plato's Closet has over 475 store locations throughout North America, and that number continues to grow.
Our stores fill a distinct niche in the retail marketplace. We are the leading national resale business that specializes in the teen and twenty-something market group. The wish list for trendy, brand-name apparel and the availability of it in virtually every teen's closet presents fantastic opportunities for both franchise owners and customers alike. The average Plato's Closet generates approximately $1m in sales annually, but this Valdosta, GA location produces above the average with sales of over $1.1M annually and a low expense structure making it a fantastic location.
This unique business opportunity does not come around often. We have been fortunate to serve this community with such an incredible concept for years, helping teens stretch their budgets and serving our environment at the same time through a sustainable 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 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 in Valdosta is worth checking out!
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
*Our willingness to work with first-time franchisees and family teams
*Ongoing operations and marketing support from our 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 reporting
*Rock-solid relationships with our third-party vendors
*A robust corporate infrastructure that is ready to support the needs of our franchisees
Buyer must qualify with Franchisor, Winmark Corporation.
Please do not speak to the employees about the sale of the business. Thank you
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