Top Performing Teen Resale Store Available

Williston, VT

Seller Financing Available

Asking Price:$2,750,000
Inventory:$275,000
Gross Revenue:$2,826,800
Established Year:2002
BUSINESS DESCRIPTION

Established 20+ Years, Owners Ready to Retire!

Owners looking to retire! Own an iconic store that has proven success year-over-year, decade over decade!

Established in 2002 this location in Vermont is a high sales volume store in the top 2% for a brand with over 500 stores across the U.S and Canada! Located right off the interstate in the heart of Williston shopping, all three Winmark brand clothing stores are right in a row creating a destination shopping location. The current owners have a 30+ year relationship with the landlord demonstrating the longevity of this store and location. With 7000 sq ft of selling space, six POS systems, and a dedicated team of managers there is proven stability to support the numbers!

Plato’s Closet®, a Winmark teen resale brand, sets itself apart from other retailers by focusing on a gently used sustainable business model. It is a part of Winmark - the Resale Company®, the leading multi-channel retail franchisor in the resale industry, which has a proven track record of success and more than 1,315 small businesses operating in North America. Plato’s Closet joins current industry top brands such as Play It Again Sports®, Once Upon A Child®, Style Encore® and Music Go Round®.

Plato’s Closet specializes in buying and selling gently used apparel, shoes, handbags, accessories and more. Teens like to have trendy, brand-name pieces in their closet. Plato’s Closet gives them a resource to sell items they no longer wear, get paid cash on the spot, and purchase new items at a tremendous value – at up to 70% off regular retail.

Price does not include inventory.


DETAILED INFORMATION
Location
Williston, VT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,000
Employees
35
Facilities
8000 sq ft with 7000 sq ft selling. Additional offsite storage.
Competition
No other like it in the market!
Growth & Expansion
Williston is continuing to develop and our market is seeing additional traffic and growth!
Support & Training
Owners willing to help with the transition and training.
Reason for Selling
Retirement
Franchise
This business is an established franchise

BUSINESS LOCATION
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Cat Eckstaedt
Cat Eckstaedt