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