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

San Jose, CA (Santa Clara County)

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

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $40,000*

Rent: $6,094 /Month

Established: 2011

*not included in asking price.

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

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Business Description

Make an Offer! Motivated Seller! Opportunity Buy!

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.

Detailed Information

Location:
San Jose, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,552
Lease Expiration:
N/A
Employees:
17 PT
Support & Training:
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.
Reason for Selling:
Ailing Health
Franchise:
This business is an established franchise
Business Website:
http://www.platosclosetsanjose.com/
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Cat Eckstaedt

Business Listed By:
Cat Eckstaedt

Winmark Corporation

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