Davis County, UT Clothing and Accessory Stores For Sale

Clothing and Accessory StoresUtahDavis

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Make and Offer- Plato's Closet For Sale, #1 Franchise in it's CategoryMake and Offer- Plato's Closet For Sale, #1 Franchise in it's Category
$150,000
Make and Offer- Plato's Closet For Sale, #1 Franchise in it's CategoryMake and Offer- Plato's Closet For Sale, #1 Franchise in it's Category

Bountiful, UT

Plato's Closet is the #1 franchise in it's category according to Entrepreneur Magazine's franchise 500. Plato's Closet Bountiful, UT has excellent growth potential. The system wide sales average across more than 475 stores is over $1M. The current owners have too many commitments and not enough time is dedicated to the day to day operations of this business. The new owner has a wonderful opportunity to start fresh by implementing a new store look and re-marketing the business. There is a lot potential and strong demographics in the area. Make an offer! ABOUT PLATO'S CLOSET: 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. 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. 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!


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