Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44115001
Business For Sale
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Profitable Clothing Resale Franchise
$489,000.00 (Cdn)
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Business Location: SouthWestern Ontario
Postal Code: N1R
Relocatable: No
Business Categories:
Retail Stores & Sales
Clothing, Fashion & Accessories
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Plato's Closet was ranked the #1 Retail Franchise Investment in the $150,000 - $500,000 range by Forbes Magazine and has been #1 in it's category in Entrepreneur's Franchise 500 on an annual basis 2011-2022. In 2021, The system wide sales across 480 stores had ave sales of $1,227,230, and our top 25% of these stores (114 locations) had average gross sales of $1,882,441! The business and financial model for this brand is unparalleled.
As the established leader in the teen resale-retail space, Plato's Closet offers gently used brand name apparel and accessories to both girls and guys at a fraction of the retail cost.
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This Platos Closet location has immense growth potential for anyone with a passion for retail and fashion. As the established leader in the teen resale-retail space, Plato's Closet offers gently used brand name apparel and accessories to both girls and guys at a fraction of the retail cost.
With the right owner in place, this well established business of 7 years has plenty of room for growth as we are located in one of the faster growing regions on Ontario
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Located in a High Profile Modern & Diverse Plaza, Traffic Light Controlled Access
Transit Stop
Excellent Store Front Parking
Rent: 12.50 sq CAM: 8.50 sq Total: 6291 per month
Pylon sign on Main Road
Exterior storage: 20 Storage Container (see Photo)
3098 square feet of retail space
Option for expansion
23 ceilings with led lighting
Ample interior storage and office space
8,500 Instagram followers and climbing
3,700 Constant Contact Subscribers
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- All Store Fixtures, Lighting Racking etc.
- POS System
- Social Media Accounts
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Everything required to maintain operations of the store is included in price.
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- EXCLUDED from the Price - |
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Price does not include inventory as it fluctuates through out the year. Price will be adjusted after finale inventory count is completed with new owners.
Inventory approx $40,000.00 On Hand at any given time
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- OPTIONAL & EXTRAS - |
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- Franchise Fees
- Transfer Fee
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Potential Buyers must meet Franchise requirements
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authority. The Buyer should contact the Seller directly and verify the
accuracy of all information to his/her own satisfaction.
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LISTINGS