Profitable Palm Beach Plato's Closet Store

Asking Price$600,000

Cash Flow
$202,347

EBITDA$202,347

Gross Revenue$1,610,411

Inventory$150,000
Not included in asking price
FF&ENot Disclosed

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Profitable Palm Beach Plato's Closet Store


Asking Price$600,000

Cash Flow
$202,347

EBITDA$202,347

Gross Revenue$1,610,411

Inventory$150,000
Not included in asking price
FF&ENot Disclosed

Business Description
Plato's Closet Retail Franchise Store – Palm Beach County, FL
$1.6M+ Sales | $200K+ Earnings | Top-Quartile Location

Plato's Closet is a retail clothing franchise for teens and young adults. This location in Palm Beach County was founded in 2009, and relocated to an upgraded site in 2020. It operates under a leading national brand with over 500 stores. Strong sales, consistent profitability, loyal customer base, and franchisor support.

Highlights
• $1.63M revenue (2023)
• Top-quartile performer (similarly sized stores)
• Exclusive territory
• Prequalified for an SBA loan by the company's existing bank
• Ideal for owner-operator or multi-unit buyer

Buyer Info
• Minimum liquidity: $40K
• Franchisor approval required
• $10K transfer fee
• Inventory adjusted at closing

Next Steps
Buyer background, proof of funds and NDA required for CIM and financials. Franchise application follows.  Approval required prior to store visit.

Asking Price: $600,000.  Per franchisor requirements, the purchase price for the business is calculated separately from the inventory.  A new inventory will be conducted prior to closing and the inventory purchase price will be adjusted to match the current inventory level. Inventory in June 2025 was +/-$150,000. Cooperating broker: there is no success fee on inventory.

Please do not contact the store directly or speak to the employees about the sale of the business
About the Business
Years in Operation
17
Employees
17
Franchise
This business is an established Plato's Closet franchise
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,330
Rent
Not Disclosed
Lease Expiration
10/31/2029
About the Sale
Seller Motivation
Retirement
Transition Support
4 weeks training
Financing Options
SBA Pre-qualified: $675,000, 120 months at 11%; Monthly payment $9,298.13
Listing Info
ID
2349397
Listing Views
503

Contact Seller

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Business Listed by: Bill West Acquisition Experts, LLC

Listing ID: 2349397 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.


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