How much is a Plato's Closet franchise? $355,700 – $467,900 to open, per its disclosure filings
$355,700 – $467,900
Opening a Plato's Closet franchise takes $355,700 – $467,900 all-in, per its franchise disclosure filings (data as of 2026-05). The initial franchise fee is $48,200 – $55,900. Ongoing, franchisees pay a royalty of 5% on sales plus an ad-fund contribution of up to 3%. To qualify, Plato's Closet asks for $75,000 in liquid cash and a $250,000 net worth. Anything the filings do not state is marked "Not disclosed" below — never estimated.
Plato's Closet cost table
| Verification mark | Cost item | Low | High | Range |
|---|---|---|---|---|
| Initial franchise feeOne-time, paid to the franchisor at signing | $48,200 | $55,900 | $48,200 to $55,900 | |
| Initial investment (all-in)FDD Item 7-derived range: build-out, equipment, opening costs | $355,700 | $467,900 | $355,700 to $467,900 | |
| Net worth requiredFranchisor's stated qualification minimum | $250,000 | $250,000 | $250,000 | |
| Liquid cash requiredFranchisor's stated qualification minimum | $75,000 | $75,000 | $75,000 | |
| Cash to open (all-in range) | $355,700 | $467,900 | $355,700 to $467,900 |
| RoyaltyOngoing, % of sales | 5% |
|---|---|
| Ad fundOngoing, % of sales | Up to 3% |
| Initial termLength of the first franchise agreement | 10 years |
What's in that number — and what isn't
The $355,700 – $467,900 range is derived from Plato's Closet's filed initial-investment disclosure (FDD Item 7 class): build-out, equipment, and opening costs as the franchisor stated them. Your market's real estate, labor, and build-out prices can land you outside it.
Not in the opening number: the ongoing royalty of 5% on sales, the ad-fund contribution of up to 3%, and your operating losses while the unit ramps. Every figure marked "Not disclosed" above is a gap in the filings, not a zero.
How Plato's Closet's cost compares
A dollar figure means more with a yardstick. Here is where Plato's Closet's disclosed cost sits against the Retail category:
- Minimum startup cost of $355,700 — about 2.2× the Retail median of $165,000.
- Initial franchise fee of $48,200 — about 1.3× the Retail median of $36,750.
Category medians are computed from the Retail brands in our data that disclosed each figure — a benchmark for scale, not a quality judgment. See all Retail franchises
What about earnings?
We don't publish per-brand earnings figures — for Plato's Closet or anyone else. The only primary source is Item 19 of the brand's own franchise disclosure document (FDD), and no law requires a franchisor to publish one, so the "average owner income" numbers circulating elsewhere are usually unsourced or survivorship-biased. Ask Plato's Closet for its current FDD and read Item 19 yourself — and if there is no Item 19, that silence is information too.
What is the Plato's Closet franchise fee?
$48,200 – $55,900, one-time, per disclosure filings as of 2026-05.
What ongoing fees does Plato's Closet charge?
A royalty of 5% on sales plus an ad-fund contribution of up to 3%, per disclosure filings as of 2026-05.
How much money do you need to qualify for a Plato's Closet franchise?
Plato's Closet's filings ask for $75,000 in liquid cash and a $250,000 minimum net worth (as of 2026-05). Capital figures are the franchisor's stated minimums, not our advice.