Find the perfect franchise for you

Take our tailored quiz to unlock a customized list of franchise opportunities right in your area.

Navigate quickly

Plato's Closet

Plato’s Closet stores buy and sell gently used brand-name apparel and accessories for teens and young adults. Customers have the opportunity to sell their used items to a Plato’s Closet store when outgrown and to purchase quality used clothing and accessories at prices lower than new merchandise. Their stores fill a distinct niche in the retail marketplace. They are the only national resale business that specializes in the teen and twenty something market group. The wish list for trendy, brand-name apparel and the availability of it in virtually every teen’s closet presents fantastic opportunities for both franchise owners and customers alike. More about the cost of owning a Plato’s Closet franchise below.

Facts & figures
Liquid capital required
$53,000
Net worth required
$200,000
Investment
$176,600 - $328,900
Franchise fee
$20,000
Units in operation
243

The capital required to open a Plato’s Closet unit is ₱53,000. You need to have a total net worth of ₱200,000 if you want to become an owner. ₱176,600 is the minimum that someone opening a location should expect to invest. The most the franchisor could ask you to invest is ₱328,900 if you want to become a Plato’s Closet franchisee. ₱20,000 is the franchise fee new franchisees pay the franchisor. There are currently 243 Plato's Closet units in operation.

Connect With Us

Similar Franchises

Tutuland
Tutuland

Tutuland Studio offers a compelling franchise opportunity by blending the booming DIY experience trend with high-quality crafting, specializing in rug tufting, pouring arts, and Decoden crafts. Each location supplies premium materials, an extensive template library, and expert-led demos, allowing guests to design and complete personalized creations in just one visit. Its broad appeal from birthday parties and girls' nights out to family and corporate team-building events ensures strong market demand and social-media-worthy results, as customers leave with finished pieces the same day. With robust support, site and build-out guidance, comprehensive training, vendor partnerships, and ongoing operational and marketing assistance, Tutuland empowers franchisees to thrive.

$80,000

Liquid capital required

Check out our resources

Blog articles

Explore articles on franchise opportunities, industry trends, and success stories.

Industry reports

Explore reports on the latest trends in the franchising industry.

In the news

See what the media is saying about us and the franchise industry.

Disclosure documents

Find essential legal documents for evaluating franchises.

Franchise calculator

Use our tool to estimate the costs and benefits of franchises.

Is this your franchise?

Unlock your page now! Update your franchise details and connect with prospective franchisees.