At a Glance
About Plato's Closet
Plato's Closet is a franchise opportunity in the retail sector. Brands in retail and consumer goods attract owners looking for an established system, recognized branding, and a documented path to opening.
Opening a Plato's Closet franchise calls for an estimated total investment of $355,700–$467,900. That figure includes an initial franchise fee of $25,000, along with costs such as equipment, buildout, signage, initial inventory, and working capital.
Plato's Closet includes a financial performance representation (Item 19) in its current FDD, meaning the franchisor discloses figures on unit-level sales or earnings. Reviewing Item 19 alongside validation calls with existing franchisees is the best way to gauge realistic performance.
You can access Plato's Closet's current FDD through Franchat and weigh it against similar retail brands in the directory.
Financial Performance (Item 19)
This Item 19 for Plato's Closet reports average annual Gross Sales and Gross Profit for 492 franchised U.S. and Canadian stores open at least 12 months as of December 27, 2025. System-wide average Gross Sales were $1,307,875 (median $1,206,301), with average Gross Profit of $833,084 (63.70% of sales), and only 40% of stores met or exceeded the average. Sales ranged widely from $226,706 to $3,849,512, and the data is broken out by year opened and by sales quartile, but no operating expenses beyond cost of goods sold are reflected, so net profit cannot be determined from this disclosure.
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Plato's Closet FDD
Request the latest Franchise Disclosure Document (FDD) for Plato's Closet.