Plato’s Closet® vs Batteries Plus
Franchise Comparison 2026
Both Plato’s Closet® and Batteries Plus are retail franchises. Plato’s Closet® requires an investment of $356K – $468K while Batteries Plus requires $285K – $537K. In terms of revenue, Plato’s Closet® reports higher average unit revenue at $1.3M. On SBA loan performance, Plato’s Closet® has a lower charge-off rate (2.1%) compared to Batteries Plus (15.2%). FranchiseVerdict rates Plato’s Closet® A (Strongest tier) and Batteries Plus B (Above average).
| Metric | Plato’s Closet® | Batteries Plus |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | BAbove averageAbove average |
| Investment Range | $356K – $468K | $285K – $537K |
| Franchise Fee | $25K | $45K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $1.3M | $834K |
| SBA Charge-Off Rate | 2.1% (229 loans) | 15.2% (208 loans) |
| Total Units | 526 | 734 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1999 | 1996 |
| FDD Year | 2026 | 2026 |
Investment Range
$356K – $468K
$285K – $537K
Franchise Fee
$25K
$45K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$1.3M
$834K
SBA Charge-Off Rate
2.1% (229 loans)
15.2% (208 loans)
Total Units
526
734
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1999
1996
FDD Year
2026
2026