Overview

Love fashion and style? Love being around young people? Then why not make it your business? Plato’s Closet buys and sells gently used apparel, shoes, handbags and accessories to teens and young adults in a fast-paced, fun and energetic environment. We pay our customers cash on the spot for their gently used merchandise, and help them stretch their limited budgets further by offering them high quality, used merchandise at a fraction of the cost of new. The stores range from 3,500 to 4,500 square feet and are in suburban centers and power strip malls. The franchise monitors trends and style changes so that the franchisees and their staff can focus on buying the right merchandise at the right price. The point of sale system has a built in pricing matrix, allowing the franchisees and their team to simply enter the items on a touch screen monitor to get a price quote for the customer. The stores pay cash on the spot to people who bring in gently used items purchased within the past couple of years. These items are then resold for 70% to 90% less than what the item would be new. No appointments are necessary for customers who wish to sell items, and they can sell all year round, no matter the season.

Why Choose Us

Plato’s Closet has been ranked by Entrepreneur Magazine as the #1 teen and #1 retail franchise for the past several years. We have the highest average unit sales volume in the industry and the highest gross margins. We have been the fastest growing resale retail franchise since our inception in 1999. In addition: Despite the robust growth of Plato’s Closet, plenty of opportunities remain for new stores. The franchise website lists the cities/areas in each state that the company would like growth in. Winmark, the parent company for Plato’s Closet, offers extensive training and support to store owners in areas such as business planning, pricing, styles and trends, retail site selection, marketing and advertising, and field operations.