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FranchiseVerdict

Plato’s Closet® vs RobotLAB

Franchise Comparison 2026

Both Plato’s Closet® and RobotLAB are retail franchises. Plato’s Closet® requires an investment of $356K – $468K while RobotLAB requires $279K – $543K. 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 RobotLAB A (Top Quintile).

Investment Range
$356K – $468K
$279K – $543K
Franchise Fee
$25K
$55K
Royalty Rate
5.0%
7.0%
Average Revenue (Item 19)
$1.3M
$428K
SBA Charge-Off Rate
2.1% (229 loans)
Limited data
Total Units
526
29
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1999
2023
FDD Year
2026
2025