Plato's Closet Store for Sale in Ocala, FL

Market leader in name brand resale clothing.

Established, Profitable and huge opportunity 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/young adult retail store of it's kind - focusing on the buying and selling of gently used, brand-name apparel and accessories for girls and guys! Our stores fill a distinct niche in the retail marketplace. With over 500 stores throughout North America, the average Plato's Closet generates approximately $1,000,000 in annual sales, and that number continues to grow.

This unique business opportunity does not come around often. We have been fortunate to serve the Marion County community with such an incredible concept for over 9 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. We 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 an proven business and hit the ground running, Plato's Closet in Ocala, FL might just be for perfect you!

*Prospective Buyers must first financially qualify with Franchisor, Winmark Corporation, before financials can be furnished.
*Asking price does not include include inventory that is currently estimated at $95,000. Physical inventory to be completed prior to transfer date.

*Please do not contact store directly or speak to the employees about the sale of the business.

Detailed Information
Location:
Ocala Florida
Real Estate:
Leased
Building SF:
3,255
Lease Expiration:
N/A
Employees:
10-14
Facilities:
All furniture, retail fixtures and equipment are included in sale. Server and 4 POS are current and supported by Winmark's Franchise Support System. Store is located in Gaitway Plaza, an excellent, prime visibility/high traffic location with direct frontage on Highway 200. Nearby businesses in the plaza are TJ Maxx, Ross, and Office Depot. The Paddock Mall is located approximately 1 mile away.

Competition:
The retail resale segment is hot right now, representing the fastest growing segment of retail today. This store is an establishment within the Marion County community for the past 9+ years and has been experiencing continued growth. We have a strong social media following and an extensive loyalty program that allows us to conduct very effective marketing of events and promotions.

Growth & Expansion:
Fantastic growth opportunities are all around. A new owner will be able to see immediate growth through local store marketing, connecting with local high schools, colleges and special events. Jumping into the digital space with Instagram and Tik Tok advertising will be an easy way to drive additional traffic. There may also be some revenue increase opportunities with a careful strategic increase in some pricing.

Financing:
NDA required for financial information

As a Winmark franchisee, you can expect:
* An extensive training program to prepare you for the business ownership. * Ongoing operations and marketing support from the dedicated franchise team. *A robust corporate infrastructure that is ready to support the needs of our franchisees * Current owner can help train new owners.

Business Website:
https://platscloset.com/locations/ocala-fl