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| Brand | Plato’s Closet® Retail Remove |
|---|---|
| Vitals | |
Investment range | $356K – $468K |
Liquid capital | $40K – $50K |
Franchise fee | $25K |
Royalty rate | 5.0% |
Ad fund rate | 2.0% |
| Performance | |
Avg gross sales | $1.3M |
Median gross sales | $1.2M |
Avg owner earnings Metric varies by brand. Check type below | N/A |
Earnings metric | Not classified |
| Risk | |
Rating | ATop Quintile |
Risk score | 9 / 100 |
SBA charge-off rate | 2.1% |
SBA loans on record | 229 |
| Scale | |
Total units | 526 |
Net change (latest yr) | N/A |
Turnover rate | 1.3% |
| Contract | |
Initial term (years) | 10 |
Renewal term (years) | 10 |
Initial training (hrs) | 61 |
| Contacts | |
Franchisee phones | 98 |
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