Plato's Closet San Jose is located by the Oakridge Mall in South San Jose. The store opened in 2011 and has established a very loyal customer base. Sales are up 15% for 2016 and have been in the $600,000 - $660,00 range over the last three years. 2016 is trending great which presents the opportunity to acquire a profitable, growing business which still has plenty of upside for future sales.

The system average gross sales for Plato's Closet is just under $1M with gross margins of over 60%. The numbers speak for themselves and have gained the attention of publications such as Forbes Magazine which recently ranked Plato's Closet as the #1 Franchise in the $150,000 - $500,000 investment category!

Plato's Closet offers a truly unique retail franchise opportunity, as it is the leading national teen retail store of its kind -- focusing on the buying and selling of gently used, brand-name apparel and accessories for girls and guys! Plato's Closet has over 450 store locations throughout North America, and that number continues to grow.

Our stores fill a distinct niche in the retail marketplace. We are the leading national resale business that specializes in the teen and twenty something market group. The wish list for trendy, brand-name apparel and the availability of it in virtually every teen's closet presents fantastic opportunities for both franchise owners and customers alike.

If you're looking for an opportunity to step into a business and hit the ground running, Plato's Closet in San Jose is worth checking out!

The current franchisees have established a good foundation of local marketing in the community which a new owner can build upon. Expansion of social media marketing efforts will help tap into the huge San Jose population base and the targeted teen demographic.

Training required and provided by franchisor after purchase of store is completed. On-going franchisor support includes advertising, marketing, merchandising, inventory and financial management. Additional training and education opportunities available at the annual franchisee conference and trade show. In store support through Field Operations Managers.

Franchisor may require an additional investment in working capital.

Posted Jul 21, 2016

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