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Profitable and Popular Teen Resale Franchise!
$200,000
Profitable and Popular Teen Resale Franchise!

Valdosta, GA

Plato's Closet opened in Valdosta in March of 2014 and has had success ever since with sales of $600,000 - $700,000 and great profitability. The franchisee is a multi-unit operator who lives in another city so the distance and travel prevents the seller from spending the time needed in this location to drive sales. The system sales average for Plato's Closet as a brand is just under $1M so there's plenty of room to grow sales at this location and a hands on, local owner can do just that! With over $70,000 in FF&E included in the price this is an excellent opportunity for someone in or near Valdosta to hit the ground running! ABOUT PLATO'S CLOSET: As a brand, Plato’s Closet was ranked the #1 Retail Franchise Investment in the $150,000 - $500,000 range by Forbes and has been #1 in it's category in Entrepreneur's Franchise 500 on an annual bases. The business and financial model for this brand is unparalleled. If there’s one constant with the teen to twenty-something demographic it’s change. 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 over 475 locations and more opening every month, Plato’s Closet is the fastest growing franchise in the teen retail space.


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