Plato's Closet
Investment Requirements
 
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 $52,980 to $98,655 in cash or liquid assets* that can be turned into cash. Additionally, the applicant should have assets of $123,620 to $230,195 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 U.S. dollars.

*Royalty fee is 5%of gross sales, paid weekly.

Interested in more information? Fill out our Prequalification Form.

Platos Closet transparent Platos Closet bottom
  Home | About Us | Own a Plato's Closet | How It Works | What's Hot | Locations | Contact Us | Conditions of Use & Privacy Policy | Winmark Business Solutions | Site Map