Resale Opportunities

Plato's Closet- San Jose, CA

$170,000 including inventory

The San Jose Plato's Closet is an excellent opportunity to buy an established business that is positioned for growth. Unfortunately, the current owner is experiencing health issues and needs to sell the business ASAP! With a new owner dedicating more time to the day to day operations this business will thrive. Make an Offer!

Plato's Closet exterior

Plato's Closet has been named the #1 Franchise in the Apparel and Accessories category according to Entrepreneur magazine's 401th Annual Franchise 500. The business and financial model for this brand is unparalleled. The system average sales and gross margins for Plato's Closet prove this is a proven and recession resistant business model. Please inquire for more information.

Support and Training: Training provided by franchisor upon transfer. Additional support in Marketing/Advertising, merchandising, inventory management, financial analysis through both field and remote visits. Additional training opportunities at National and Regional franchisee meetings and conferences.

Plato's Closet Interior

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!

People Love Buying and Reselling Used Items...Everyday!
  • 1 Sales & Gross Margin

    Average Store Gross Sales: $1,037,564*

    Average Gross Profit: $640,062*

    Top Quartile Average Gross Sales: $1,548,876*

    Top Quartile Average Gross Profit: $958,758*

  • 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

    3,000 – 4,000 square feet

*The Average Store numbers are the 2018 Average Gross Sales and Average Gross Profit amounts stated in Item 19 of the 2019 Plato’s Closet® Franchise Disclosure Document (as reported by the 443 stores that had been in operation at least one year as of December 29, 2018). Of the 443 reporting stores, 189 or 43% of the stores attained or exceeded the Average Gross Sales and 191 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 110 of the reporting Plato’s Closet® Stores who ranked in the top 25% of the gross sales range. Of the 110 reporting stores in the top quartile, 46 or 42% of the stores attained or exceeded the top quartile Average Gross Sales and 49 or 45% of the stores attained or exceeded the top quartile Average Gross Profit. A new franchisee’s results will likely differ from these results.

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