About Plato's Closet®
Our Dynamic Teen Resale Franchise Business
Plato's Closet is a retail-resale brand aimed directly at one of the marketplace's most demanding and discerning demographics: teens and twenty-somethings. Using our "ultra-high-value" approach to the resale industry, we've been able to create a vibrant, kinetic retail experience that not only keeps up with the latest trends and fashions, but builds loyalty with young customers and families who are looking for affordable options and appreciate the opportunity to sell us the clothes that no longer fit or meet their personal style.
Leading the Industry
When it comes to fashion and accessories, teenagers and twenty-somethings have a lot of choices—in fact, a significant segment of the fashion retail industry is already dedicated just to them. Plato's Closet has the advantage of carrying items from all retailers in this category in one location. This continues to prove enticing and convenient to shoppers in the communities where we have established franchises, where they can shop in one store and get all the latest brands, styles and fashions at affordable prices.
Why has Plato's Closet proven to be so successful?
- We pay cash on the spot to customers fashionable and stylish gently used items.
- We offer high-quality, gently used items from all the top brands at affordable prices.
- We discount our merchandise up to 90% off the regular retail prices.
- We maintain an inventory that constantly offers new items and an ever-changing assortment.
- We carry items that appeared in malls typically in the last 12-18 months.
- We buy all seasons, all day, every day—and no appointment is necessary for customers selling clothes.
- We provide a bright, clean retail-resale shopping experience.
- We work with franchisees who are passionate about fashion and serving customers.
Plato's Closet's success has been recognized across the industry: it has been included in Entrepreneur Magazine’s Franchise 500 for 13 consecutive years—and continues to rank #1 in its category. In 2014, the brand was also ranked the #1 best $150,000 to $500,000 investment in all of franchising by Forbes Magazine. Plato's Closet's biggest success, however, has been with our dedicated franchisees who have continued to build robust, profitable businesses that quickly become part of their community.
Interested in becoming qualified as a potential Plato's Closet franchisee? Submit our qualification form today—we look forward to hearing from you!