Plato's Closet® Press Room

Once Upon A Child and Plato’s Closet Rated Top Retail Franchises by Entrepreneur Magazine for 3rd Consecutive Year – February 1, 2017

Grand Opening of First Plato’s Closet in Portsmouth, NH – January, 25, 2017

Plans for Plato’s Closet in Jackson Expected to Materialize in Early 2017 – Blackman Twp, MI – December 13, 2016

Plato’s Closet: How a Former Corporate Marketer Found Her Passion – Ithaca, NY – November 15, 2016

Plato’s Closet Offers Quality Consignment for Teens and Young Adults – Guelph, ON – November 15, 2016

Plato’s Closet: New Clothing Vs Old Clothing – Little Rock, AR – November 15, 2016

Life Lessons: Second Hand Selling – November 11, 2016

Grand Opening of Plato’s Closet in Guelph, ON – November 10, 2016

Quick and Easy Fall Closet Organization Tips – Daily Utah Chronicle – November 1, 2016

Plato’s Closet Offers Shoppers a Chance to Save Big on Trendy Clothes for Teens – Valley News – October 2, 2016

Local Franchisees Offer New Option for Trendy, Gently Used Clothes – The Londoner – September 6, 2016

How To Mix Your Franchise Veterans With New Franchises – Franchising World – July 22, 2016

Mother and Daughter Grow Their Businesses in West Whiteland, PA – June 15, 2016

Grand Opening of Plato’s Closet – Waltham, MA – March 29, 2016

WBOY (NBC) – Morgantown, WV – March 16, 2016

The Proper Mind-Set to Shop Plato’s Closet – Boulder, CO – February 28, 2016

WDEF (CBS) – Chattanooga, TN – January 27, 2016

KTBC (NBC) – Abilene, TX – February 17, 2016

Nation’s Largest Resale Franchisor Surpasses $1 Billion in Sales – January 27, 2016

How Secondhand Clothing Gave This Woman a Second Chance – January 6, 2016

Grand Opening of Plato’s Closet – Warwick, RI – December 8, 2015

KPNX-PHX (NBC) – Phoenix, AZ – November 30, 2015

Plato’s Closet Opens Edmonton Location – Edmonton, AB – December 1, 2015

Mom Makes It Big In Clothing Resale Franchise – November 5, 2015

KPNX-PHX (NBC) – Phoenix, AZ – September 3, 2015

WKYC-TV – Mentor, OH – August 30, 2015

Plato’s Closet Off To A Good Start With Woodbridge Grand Opening – Potomac Mills, VA – August 13, 2015

Plato’s Closet Offering Trendy Styles for Teens at New Store in Muskegon County – Norton Shores, MI – July 31, 2015

Plato’s Closet Opens Sixth Phoenix-Area Location in Paradise Valley – Phoenix, AZ – July 24, 2015

WSAW (CBS) – Wausau, WI – July 16, 2015

Plato’s Closet to Open Thursday – Wausau, WI – July 13, 2015

Plato’s Closet Caters to the Needs of Teens and Young Adults

Rib Mountain Secondhand Clothing Store Appeals to Sellers and Buyers – Wausau, WI – June 11, 2015

XETV (CW) – San Diego, CA – May 8, 2015

Plato’s Closet to Open This Summer – Brighton, MI – May 28, 2015

Grand Opening of Plato’s Closet – El Cajon, CA – May 5, 2015

Plato’s Closet Opening on Albuquerque’s West Side – Albuquerque, NM – April 4, 2015

Giveaway: $50 Plato’s Closet Gift Certificate – Briar Creek, NC – March 13, 2015

Consignment Stores Offer Labels for College Budgets – Auburn, GA – March 11, 2015

Plato’s Closet and Style Encore Open on US 72 Corridor – Madison, AL – February 19, 2015

New Stores in Madison – Madison, AL – January 12, 2015

Pearland Entrepreneur Opens Fashion-Recycling Store for Teens and Young Adults – Pearland, TX – January 8, 2015

About Plato's Closet
People Love Buying and Reselling Used Items...Everyday!
  • 1 Sales & Gross Margin

    Average Store Gross Sales: $963,880*

    Average Gross Profit: $591,781*

    Top Quartile Average Gross Sales: $1,432,323*

    Top Quartile Average Gross Profit: $883,162*

  • 2 Core Customers

    Females age 12 to 24

    Middle to upper middle income households

    Junior/senior high school and college students

  • 3 Product Mix

    98% gently used

    2% new

  • 4 Real Estate

    Power strip centers or suburban centers around regional shopping malls with a solid teen draw

    3,500 – 4,000 square feet

*The Average Store numbers are the 2016 Average Gross Sales and Average Gross Profit amounts stated in Item 19 of the 2017 Plato’s Closet® Franchise Disclosure Document (as reported by 434 of the 435 stores that had been in operation at least one year as of December 31, 2016). Of the 434 reporting stores, 186 or 43% of the stores attained or exceeded the Average Gross Sales and 187 or 43% of the stores attained or exceeded the Average Gross Profit. The Top Quartile Average Gross Sales and Average Gross Profit only relates to 108 of the reporting Plato’s Closet® Stores who ranked in the top 25% of the gross sales range. Of the 108 stores in the top quartile, 42 or 39% of the stores attained or exceeded the top quartile Average Gross Sales and Average Gross Profit. A new franchisee’s results will likely differ from these results.

Franchisee Testimonials

Be a part of a franchise that believes in changing lives, families, and communities.

See More Videos

Awards &
Accolades

When you have proven success, such as Winmark Corporation, people start to take notice.

Meet Our Team
  • Forbes Best Small Companies
  • Franchise Times Top 200
  • IFA Franchising Member
  • CFA Member
  • Franchise 500 2017

Contact Us Today to Receive Your Free Franchise Report!

    • Please enter your first name.
    • Please enter your last name.
    • This isn't a valid phone number.
      Please enter your phone number.
    • This isn't a valid email address.
      Please enter your email address.
    • Please enter the territory you're interested in.
    • Please enter a message.