How much does a Plato's Closet franchise cost?
Opening a Plato's Closet franchise takes a total initial investment of $355,700 to $467,900, according to the brand's 2026 Franchise Disclosure Document. The FDD's Item 19 reports 2025 median gross sales of $1,206,301 across 492 outlets.
The brand franchises Plato’s Closet® Stores. Category: Retail.
Item 7
What it costs to open a Plato's Closet franchise
The franchisor's own estimated initial investment, as disclosed in its 2026 FDD. The total is $355,700 to $467,900. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are OPENING INVENTORY ($75,000 to $85,000), FIXTURES AND SUPPLIES ($55,000 to $70,000), and MISCELLANEOUS PRE-OPENING EXPENSES ($50,000 to $65,000). Together they make up about 47% of the high-end estimate.
The initial franchise fee is $25,000, about 7.0% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| INITIAL FRANCHISE FEE2026 FDD, Item 7, p. 11 | $25,000 | $25,000 | 2026 FDD, Item 7, p. 11 |
| FIXTURES AND SUPPLIES2026 FDD, Item 7, p. 11 | $55,000 | $70,000 | 2026 FDD, Item 7, p. 11 |
| SIGNS2026 FDD, Item 7, p. 11 | $11,000 | $16,000 | 2026 FDD, Item 7, p. 11 |
| SECURITY CAMERAS2026 FDD, Item 7, p. 11 | $1,500 | $4,000 | 2026 FDD, Item 7, p. 11 |
| POINT-OF-SALE (POS) SYSTEM2026 FDD, Item 7, p. 11 | $23,200 | $30,900 | 2026 FDD, Item 7, p. 11 |
| LEASEHOLD IMPROVEMENTS2026 FDD, Item 7, p. 11 | $15,000 | $22,000 | 2026 FDD, Item 7, p. 11 |
| BUILD-OUT2026 FDD, Item 7, p. 11 | $35,000 | $55,000 | 2026 FDD, Item 7, p. 11 |
| DEPOSITS AND BUSINESS LICENSES2026 FDD, Item 7, p. 11 | $5,000 | $15,000 | 2026 FDD, Item 7, p. 11 |
| OPENING INVENTORY2026 FDD, Item 7, p. 11 | $75,000 | $85,000 | 2026 FDD, Item 7, p. 11 |
| MISCELLANEOUS PRE-OPENING EXPENSES2026 FDD, Item 7, p. 11 | $50,000 | $65,000 | 2026 FDD, Item 7, p. 11 |
| RENT – FIRST 3 MONTHS2026 FDD, Item 7, p. 11 | $20,000 | $30,000 | 2026 FDD, Item 7, p. 11 |
| ADDITIONAL FUNDS - 3 MONTHS2026 FDD, Item 7, p. 12 | $40,000 | $50,000 | 2026 FDD, Item 7, p. 12 |
| Total estimated initial investment2026 FDD, Item 7, p. 11-12 | $355,700 | $467,900 | 2026 FDD, Item 7, p. 11-12 |
Source Plato's Closet, 2026 FDD, Item 7, p. 11-12, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Item 19
What Plato's Closet franchisees actually report earning
2025 Median Gross Sales
$1,206,301
Plato's Closet's 2026 FDD, Item 19, for the 12 month period ended December 27, 2025. Basis: 492 of the 492 franchised Plato’s Closet® Stores located in the United States and Canada that commenced operations during the years 1998 through 2024, and were not transferred during 2025.
Sample size: 492 outlets. The FDD also reports 2025 average gross sales of $1,307,875. We lead with the median because an average is pulled upward by the strongest outlets; the median is the middle outlet.
What the franchisor excluded from this figure
- The financial performance representation does not include information for the 34 Plato’s Closet® Stores that opened or transferred in 2025.
- No other Plato’s Closet® Stores are included due to insufficient history of operations.
This is a disclosure of what some existing outlets reported, not a projection of what a new Plato's Closet outlet would earn. Your results will differ.
Source Plato's Closet, 2026 FDD, Item 19, p. 37-39, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Item 20
How many Plato's Closet outlets there are, and how many closed
Plato's Closet ended 2025 with 526 franchised outlets and no company-owned outlets. In that year 18 franchised outlets opened and 7 left the system.
Three years at a glance
From 2023 through 2025, Plato's Closet opened 43 franchised outlets and 17 outlets left the system. That is a net gain of 26, from 500 to 526 franchised outlets. Of the outlets that left, 16 were terminated and 1 was not renewed.
On average, about 1.1% of franchised outlets left the system each year, roughly 1 in 89.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | 515 | 18 | 6 | 1 | 0 | 0 | 526 | 2026 FDD, Item 20, p. 47 |
| 2024 | 506 | 14 | 5 | 0 | 0 | 0 | 515 | 2026 FDD, Item 20, p. 47 |
| 2023 | 500 | 11 | 5 | 0 | 0 | 0 | 506 | 2026 FDD, Item 20, p. 47 |
Source Plato's Closet, 2026 FDD, Item 20, p. 43, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Compare
How Plato's Closet compares with other Retail franchises
Measured against the 39 Retail franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Plato's Closet's estimated range is $411,800. It costs more to open than 66% of Retail franchises here.
- Outlets leaving each year. 1.1% for Plato's Closet. That is lower than 92% of the 37 Retail franchises with at least 10 outlets.
- Three-year growth. Plato's Closet's franchised system grew 5.2%. The typical Retail franchise here shrank 1.2%.
- Earnings disclosure. 25 of the 39 Retail franchises here publish earnings figures in Item 19. Plato's Closet is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Retail franchise side by side.
Alert me when Plato's Closet files a new FDD
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