Computer Renaissance vs Plato's Closet Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Computer Renaissance vs Plato's Closet including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Computer Renaissance Franchise
Plato's Closet Franchise
Investment $134,000 - $205,000$251,700 - $390,700
Franchise Fee $25,000$25,000
Royalty Fee 3-5%5%
Advertising Fee -$1K/yr.
Year Founded 19881998
Year Franchised 19931999
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -5000


Business Experience Requirements
 
Computer Renaissance Franchise
Plato's Closet Franchise
Experience --

Financing Options
 
Computer Renaissance Franchise
Plato's Closet Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/YesNo/No
Start-up Costs No/YesNo/Yes
Equipment No/YesNo/Yes
Inventory No/YesNo/Yes
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support
 
Computer Renaissance Franchise
Plato's Closet Franchise
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
 
Computer Renaissance Franchise
Plato's Closet Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion NoNo

Company Overviews

About Computer Renaissance

With constant upgrades to computers in both the hardware and software fields, you can ensure your spot in a highly the innovative computer industry by becoming part of a continuing market demand. No other computer franchise opportunity benefits more from change than here at Computer Renaissance. We are a full service computer retail store specializing in customer solutions ~ quality refurbished and new personal computer hardware, software and related accessories. Our stores also provide custom built computers, system upgrades and superior technical services to its clientele both in-store and on-site. We service both the consumer and the Small to Medium Business customer.Computer Renaissance operates its franchise system in nearly 100 retail outlets throughout the U.S. We are looking to continue growing our franchise system in North America (soon internationally) and are currently seeking qualified professionals with energy, drive and enthusiasm who are capable of using our systems and support to further their own success.Computer Renaissance has been working with entrepreneurs and professionals from various backgrounds to build strong and successful franchises. With almost two decades of experience, we can provide our independent franchises the direction that helps them achieve the goals they have for their business. If you want to be in business for yourself but not by yourself and love technology and helping people, talk to us about the opportunity we have available for you.

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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#375 in Franchise 500 for 2020.
#335 in Franchise 500 for 2020.