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Updated RecentlyPlato's Closet vs Other Mothers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Plato's Closet vs Other Mothers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $251,700 - $390,700 | $140,176 - $202,176 |
| Franchise Fee | $25,000 | $24,999 |
| Royalty Fee | 5% | - |
| Advertising Fee | $1K/yr. | - |
| Year Founded | 1998 | - |
| Year Franchised | 1999 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 5000 | - |
Business Experience Requirements |
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| Experience | - | Owner/operators or investors with solid operators in mind who possess the following: Ability to learn, yet follow a proven system. Financial capability. A belief in OTHER MOTHERS\TRENDY TRADES to provide highest quality possible for price that moves the merchandise quickly and allows the owners to make their profits in high-volume rather than high prices. A passion for providing merchandise in a clean and friendly store with the look and feel of a new store. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-The-Job Training: 30 hours Classroom Training: 48 hours | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | Number of Employees Required to Run: 3 - 5 | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | No | - |
Company Overviews
About Plato's Closet
Thank you for your interest in becoming a member of the Plato's Closet franchise family. Plato's Closet offers a truly unique retail franchise opportunity, as it is the only 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! We already have over 200 store locations throughout North America, and that number continues to grow.
Our stores fill a distinct niche in the retail marketplace. We are the only 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.
Making the decision to be your own boss and be in control of your future is an exciting adventure, and we appreciate being considered in your business search. A Plato's Closet franchise offers franchisees a very unique opportunity, based on a sound business model and the support of the parent company, Winmark Corporation.
To learn more about this exciting franchise business opportunity, simply navigate through these informational pages. If you wish to take the next step in changing your future, contact us and a Franchise Developer will contact you with the next steps in the process.
Fill in form to the right for free consultation.
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About Other Mothers
Being in a business that fulfills one of these basic needs can mean job security. Fulfilling that need well means success.
An Other Mothers franchise can help you own a business that resells a wide selection of quality used and new children's and women's clothing, baby furniture and toys at prices that are 50 to 80% less than their retail price. People want to keep their growing children in clothes that look great without having to pay a high price for new clothes. Other Mothers' customers love being able to immediately get either exchange credit or cash for items their children have outgrown. Our stores, with their distinctive decor, have the look and feel of upscale stores that carry new clothing, but don't have "new" store prices.
- Veteran Incentives: 10% off franchise fee