Priced to Sell FAST! Existing Plato's Closet- San Jose, CA!

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Make an Offer! Motivated Seller! Opportunity Buy!
Asking Price:
$120,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$40,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

The San Jose Plato's Closet is an excellent opportunity to buy an established business that is positioned for growth. Unfortunately the current owner is experiencing health issues and needs to sell her business ASAP! With a new owner dedicating more time to the day to day operations this business will thrive. Make an Offer!

Plato's Closet has been named the #1 Franchise in the Apparel and Accesories category according to Entrepreneur magazine's 401th Annual Franchise 500. The business and financial model for this brand is unparalleled. The system average sales and gross margins for Plato's Closet prove this is a proven and recession resistant business model. Please inquire for more information.

While changing hair color, profile pics, musical tastes and other interests are common, nothing requires more attention than their ever changing fashion needs! The exciting part about this group is they spend money to stay on top of the latest trends - to the tune of about $50 Billion annually plus another $170 Billion that others spend on them!

As the established leader in the teen resale-retail space, Plato’s Closet offers gently-used, brand-name apparel and accessories to both girls and guys at a fraction of the retail cost. With nearly 485+ locations and more opening every month, Plato’s Closet is the fastest growing franchise in the teen retail space.

About the Business

Location:
San Jose, California
Year Established:
2011
Number of Employees:
17 PT
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,552
Rent:
$6,094.00 Per Month
Website:
www.platosclosetsanjose.com/
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About the Sale

Reason For Selling:
Ailing Health
Training/Support:
Training provided by franchisor upon transfer. Additional support in Marketing/Advertising, merchandising, inventory management, financial analysis through both field and remote visits. Additional training opportunities at National and Regional franchisee meetings and conferences.

Listing Info

ID:
1666779
Ad Detail Views:
0

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Business Listed by

Cat Eckstaedt

Winmark Corporation
License# 1

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