Plato's ClosetFranchise Cost & FDD Overview
Retail — Resale Apparel Retail franchise. Founded in 1998. Headquartered in Plymouth, MN.
Latest FDD: 2024·Data last updated April 2026
Plymouth, MN Founded 1998Retail · Resale Apparel Retail
Frequently Asked Questions
How much does a Plato's Closet franchise cost?+
The estimated initial investment for a Plato's Closet franchise ranges from $287.3K - $417.3K. This includes the franchise fee, build-out, equipment, and initial working capital as disclosed in the Franchise Disclosure Document (FDD).
What is the Plato's Closet franchise fee?+
The initial franchise fee for Plato's Closet is $25K. This is a one-time payment to the franchisor for the right to operate under the brand.
What are Plato's Closet's ongoing fees?+
Plato's Closet franchisees pay a 5% royalty fee on gross sales and a 0% marketing/advertising fee. These are ongoing fees paid regularly to the franchisor.
How many Plato's Closet franchise locations are there?+
As of the latest FDD filing, Plato's Closet has 506 total locations across the United States. This figure includes both franchised and company-owned units.
Where can I find Plato's Closet's full FDD?+
FDDs are available directly from the franchisor or through FDD filing services. FranchiseDiff shows extracted comparison data from publicly available FDDs — we do not distribute the documents themselves.
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This information is extracted from publicly available Franchise Disclosure Documents (FDDs). FranchiseDiff does not provide legal, financial, or investment advice. Data may contain errors from automated extraction. Always review the official FDD and consult with a qualified franchise attorney before making any investment decision. All trademarks, logos, and brand names belong to their respective owners.