| Asking Price |
$120,000 | Inventory |
$31,500* |
|---|---|---|---|
| Gross Income |
$480,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2003 |
| FF&E |
$40,000* | Employees | 8 |
* included in the asking price
** not included in the asking price
Only the need for the owners to focus on additional stores in their portfolio allows this location to become available. Plato's Closet is the fastest growing brand in the Winmark Corporation family of brands. This location has been operating for six years and has built a loyal, local clientele. There's a strong team of staff members in place with excellent knowledge of the concept. The store would greatly benefit from an owner focused on only this location.
Facilities: The shopping center is at high occupancy with good draw stores such as TJ Maxx, Shoe Carnival and Blockbuster Video. The center is well maintained and located in a densely populated area with homes and apartments in all directions. 3,200 Square foot space.
Competition: There are no similar businesses in the area including consignment stores. There are several discount retailers which help attract our target clientele to the area. Several plans in the works to revitalize the regional mall in the area.
Support/Training: Training required by franchisor upon transfer. Ongoing support includes advertising, merchandising, inventory managment, financial analysis, field visits and more.
Reason Selling: Multi-Store owner looking to focus on other businesses.

Pete First
800-842-4361
Winmark Corporation
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