Turn Key Plato's Closet For Sale in Greenville, SC!

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Asking Price:
$725,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$139,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Turn Key Plato's Closet For Sale!
This profitable location has been a community staple for 11 years. They are looking for the next great owner to take over!

As a brand Plato’s Closet was ranked the #1 Retail Franchise Investment in the $150,000 - $500,000 range by Forbes for the last two years and has been #1 in it's category in Entrepreneur's Franchise 500 on an annual basis. The business and financial model for this brand is unparalleled.

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 482 locations and more opening every month, Plato’s Closet is the fastest growing franchise in the teen retail space.

About the Business

Location:
Greenville, South Carolina
Year Established:
2008
Number of Employees:
20
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
5,000
Rent:
$5,579.00 Per Month
Website:
www.platosclosetgreenville.com/
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About the Sale

Reason For Selling:
Relocating
Training/Support:
Training provided and required by franchisor upon transfer. On-going support in advertising, merchandising, financial and inventory management, social media training and more provided by franchisor through field visits, regional meetings and national franchisee conferences.

Listing Info

ID:
1640332
Ad Detail Views:
0

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Business Listed by

Cat Eckstaedt

Winmark Corporation
License# 1

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