Once Upon A Child vs Plato's Closet Franchise Comparison

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

Start-Up Costs and Fees

 
Once Upon A Child Franchise
Plato's Closet Franchise
Investment $254,700 - $396,600$251,700 - $390,700
Franchise Fee $25,000$25,000
Royalty Fee 5%5%
Advertising Fee $1K/yr.$1K/yr.
Year Founded 19841998
Year Franchised 19921999
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K5000


Business Experience Requirements

 
Once Upon A Child Franchise
Plato's Closet Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Once Upon A Child Franchise
    Plato's Closet Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/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

     
    Once Upon A Child Franchise
    Plato's Closet Franchise
    Training On-The-Job Training: 24 hours Classroom Training: 55 hoursOn-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 PlatformNewsletter 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/appCo-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations Number of Employees Required to Run: 3 - 5Number of Employees Required to Run: 3 - 5

    Expansion Plans

     
    Once Upon A Child Franchise
    Plato's Closet Franchise
    US Expansion YesYes
    Canada Expansion YesYes
    International Expansion YesNo

    Company Overviews

    About Once Upon A Child

    Founded in 1984 in Columbus, Ohio, Once Upon A Child specializes in selling new and used children's clothes, toys, furniture and equipment. Franchises were first offered in 1992. The company is owned by Winmark (formerly Grow Biz), which also franchises Music Go Round, Plato's Closet, and Play It Again Sports.

    "Entrepreneur      ""

    #110 in Franchise 500 for 2020.
    #233 in Franchise 500 for 2021.








    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.

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