MONKEE’S vs Plato’s Closet®
Franchise Comparison 2026
Both MONKEE’S and Plato’s Closet® are retail franchises. MONKEE’S requires an investment of $297K – $535K while Plato’s Closet® requires $356K – $468K. In terms of revenue, Plato’s Closet® reports higher average unit revenue at $1.3M. Plato’s Closet® has SBA lending data on file with a 2.1% charge-off rate. FranchiseVerdict rates MONKEE’S A (Top Quintile) and Plato’s Closet® A (Top Quintile).
| Metric | MONKEE’S | Plato’s Closet® |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $297K – $535K | $356K – $468K |
| Franchise Fee | $60K | $25K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $1.1M | $1.3M |
| SBA Charge-Off Rate | Limited data | 2.1% (229 loans) |
| Total Units | 57 | 526 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2012 | 1999 |
| FDD Year | 2025 | 2026 |
Investment Range
$297K – $535K
$356K – $468K
Franchise Fee
$60K
$25K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$1.1M
$1.3M
SBA Charge-Off Rate
Limited data
2.1% (229 loans)
Total Units
57
526
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2012
1999
FDD Year
2025
2026