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It’s a fact that the number of US teens is expected to climb about 10% over the next decade. In ten years they will make up 43.4% of the US population, making this the largest generation ever in US history.
Fashion is by far the most common way for teens to express their identity and individuality. According to Cotton Incorporated’s lifestyle monitor, 62% of teens shop in specialty or chain stores while only 15% shop in department stores. Teens make an average of 12.7 shopping trips a month, with an intention to buy a whopping 50% of the time, according to Kurt Salmon Associates. What does this all mean? There has never been a better time to get into the teen apparel and accessory business than now!
Plato’s Closet is a retail store that specializes in buying and selling gently used, brand name teen apparel and accessories to this targeted group of consumers. Teens love Plato’s Closet because they can get brand name clothing at great values. Parents love Plato’s Closet because they can take the brand name clothing their teen no longer wears and turn it into cash. Filling the void in market demand. Plato’s Closet has identified the need of the target market group and is providing a unique solution to fill the void. The need for quality brand name apparel and the availability of it in virtually every closet in America presents some fantastic opportunities for you as a new business owner.
We provide what you need to help make your business a success…
The help to get you started - Plato’s Closet will help you define and prepare a comprehensive business plan for your market. This will help to ensure that you have the knowledge and confidence to get the best loan available for your new store. As part of the Grow Biz family of franchise systems, our history and credibility will give your lending institution a comfort level when processing your application.
Complete Training - Our training programs and procedures manual shorten your learning curve to help you avoid financial mistakes and enhance revenue potential. You will receive extensive training prior to your opening, training classes cover how to buy, sell, service, market, advertise, hire staff, control and turn inventory, source product, manage cash flow, and more.
Inventory Control & Financial Management - We have worked hard with our franchisees to develop proprietary software for use in our point of sale system. This inventory control tool will allow you to track sales, stock levels, costs, and margins by product category. It also offers numerous reports that will benefit you in your cash flow decision making. We provide training on our P.O.S. system and our 800 number help desk provides support seven days a week.
Top-Notch Marketing and Advertising - We provide you with TV and radio spots and a complete print ad package. We teach our owners many effective and cost efficient local store marketing methods.
Design & Purchasing Power - We have an exciting store design and provide guidance on floor planning and merchandising strategies. We have significant purchasing power with preferred vendors for the best pricing, service, and delivery for all of your store build out needs.
Site Selection & Demographics - We assist you in site evaluation, demographic analysis, and introduce you to our nationwide local broker network. Additionally, we have a commercial real estate broker on staff at our corporate headquarters that can coach you in the lease negotiation process.
The support you need - One of our seasoned Field Operations staff members will assist you in your store opening for the first two days. Afterward, they will make scheduled visits to your store location to relay new ideas and assist in fine tuning your business.
The bottom line is…
You reap the benefits of owning your own business. Plato’s Closet offers you the opportunity to be your own boss, to develop a successful business and to invest your time and money in your own future. If you would like to be part of a great business with a proven leader, contact us about Plato’s Closet. Don’t miss this opportunity to become part of our exciting franchise system!
URL: http://www.platoscloset.com
Tel: 1-800-269-4081 or 763-520-8480
Company: Plato’s Closet City: MinneapolisState: MNZip: 55422
















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