Own a Plato's Closet
Nationwide, average store sales exceeded $800,000 in 2009.
Canadian Investment Requirements
Proven business model to help you capitalize on the “green” trend.
Invest in the #1 teen retail franchise.
Appropriate capitalization is a critical factor in the success of any business. Therefore, minimum requirements for net worth and liquid assets have been established for those wishing to become a Plato's Closet franchise owner. These figures are representative for each individual location.
Either individually, or with the assistance of a financial partner, applicants will have access to $77,000 in cash or liquid assets* that can be turned into cash. Additionally, the applicant should have assets of $129,000 to $229,000 to be used as collateral to obtain appropriate financing. These financial requirements are based around the total investment costs of the business.
*Liquid asset examples include: cash, non-retirement stocks and bonds, etc.
Please note: Written financial documentation will be required as you move forward in our franchise process. Funds quoted above are in Canadian dollars. Click here for US Investment Requirements.
*Royalty fee is 5% of gross sales, paid weekly.
Interested in more information? Fill out our Prequalification Form.
