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| Brand | Plato’s Closet® Retail Remove | MONKEE’S Retail Remove |
|---|---|---|
| Vitals | ||
Investment range | $356K – $468K | $297K – $535K |
Liquid capital | $40K – $50K | $20K – $45K |
Franchise fee | $25K | $60K |
Royalty rate | 5.0% | 5.0% |
Ad fund rate | 2.0% | 2.0% |
| Performance | ||
Avg gross sales | $1.3M | $1.1M |
Median gross sales | $1.2M | $848K |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 9 / 100 | 5 / 100 |
SBA charge-off rate | 2.1% | 0.0% |
SBA loans on record | 229 | 7 |
| Scale | ||
Total units | 526 | 57 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 1.3% | 1.8% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 61 | 85 |
| Contacts | ||
Franchisee phones | 98 | 15 |
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