Established Plato's Closet for sale

Asking Price$400,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$810,000

Inventory$120,000
Included in asking price
FF&E$150,000
Included in asking price
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Established Plato's Closet for sale


Asking Price$400,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$810,000

Inventory$120,000
Included in asking price
FF&E$150,000
Included in asking price
Business Description
Everything up and running ready to grow into the future!
The Plato’s Closet® business model is stronger than ever! Teens and young adults want to connect with brands that share their values, are environmentally friendly, and deliver superior value to help them get the most for their money. At Plato’s Closet, we believe in what we do and our franchisees understand the daily importance of staying connected with their customers and their communities.



Our mission is to continue to deliver high quality used merchandise in a fun and convenient environment while doing good for our world as well. Our franchisees delight every day in reading the heartwarming stories on social media about how we have helped

our customers and our communities by providing great merchandise at affordable pricing that has allowed them to get more for their money while staying in style.

At Winmark, our franchisees’ success is paramount to our own success, and we protect those investments in our brands as if it were our own. We appreciate the confidence our franchisees have placed in our brands, our support and our systems, and we work diligently every day to continue to improve upon our past successes.
About the Business
Years in Operation
8
Employees
20
Franchise
This business is an established franchise
Facilities & Assets
inventory, computer systems, fixtures, signage
Website
https://platoscloset.com/locations/killeen-tx/
Market Outlook / Competition
The retail resale segment is hot right now, representing the fastest growing segment of retail today
Environmentally-friendly business models are driving the green economy. Recycling businesses focused on sustainability are on trend and growing, and are especially important to Gen Z and Millennial customers. The shared economy represents the greatest opportunity for entrepreneurs now and in the near future. The service resale retail stores provides to their customers makes us an important part of their communities
Opportunities for Growth
expanding to larger space would allow more product to be visible to customers, potentially driving higher revenue
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,400
Rent
$6,000.00 per month
Lease Expiration
2/28/2026
About the Sale
Seller Motivation
spending more time at home with youngest child
Transition Support
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
Financing Options
Buyer to provide
Listing Info
ID
2343365
Listing Views
1582
Business Location

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Business Listed by: Alicia Warnock

Listing ID: 2343365 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.