FranchiseDiff
Plato's Closet logo

Plato's Closet FDD Changes: 2022 vs 2021

Retail · Resale Apparel Retail·Est. 1998·HQ: Plymouth, MN·506 total units

Latest FDD: 2024·Data last updated April 2026

This page compares the 2022 FDD (newer) to the 2021 FDD (older). Key Facts column headers use those same issue years.

We found 0 changes between the 2022 and 2021 FDD

Classification pending

Unlock the full FDD diffs

Read the verbatim text changes for every item, side by side.

Key Facts & Trends

Metric20212022ChangeFDD Ref
Initial Franchise Fee
$25K$25K+N/A (+0.0%)p. 12
Royalty Fee
5%5%+0.0pp (+0.0%)p. 13
Ad Fund Fee
0%0%+0.00pp (+0.0%)p. 13
Est. Initial Investment (Low)
$255.7K$255.7K+N/A (+0.0%)p. 21
Est. Initial Investment (High)
$394.6K$394.6K+N/A (+0.0%)p. 21
Total Outlets
485485+0 (+0.0%)p. 59

Multi-Year Trends

How each metric has shifted across 2020–2024.

Initial Franchise Fee
$25K
as of 2024
20202024
Royalty Fee
5%
as of 2024
20202024
Ad Fund Fee
0%
as of 2024
20202024
Investment (Low)
$287.3K
as of 2024
20202024
Investment (High)
$417.3K
as of 2024
20202024
Total Outlets
506
as of 2024
20202024
Units Opened
9
as of 2024
—
20202024
Units Closed
5
as of 2024
—
20202024

Item-by-Item FDD Changes

Text-level diffs and change summaries across all 23 FDD items.

19
changed
Financial Performance Representations

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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.