Computer Renaissance vs Plato's Closet Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Computer Renaissance vs Plato's Closet including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Computer Renaissance Plato's Closet
Investment 134000 - 205000 251700 - 390700
Franchise Fee 0
Royalty Fee 3-5% 5%
Advertising Fee $1K/yr.
Year Founded 1988 1998
Year Franchised 1993 1999
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Computer Renaissance Plato's Closet
Experience

Financing Options
  Computer Renaissance Plato's Closet
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Computer Renaissance Plato's Closet
Training On-The-Job Training: 30 hours Classroom Training: 48 hours
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Number of Employees Required to Run: 3 - 5

Expansion Plans
  Computer Renaissance Plato's Closet
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile
Investment
Computer Renaissance
Plato's Closet
Franchise Fee
Computer Renaissance
Plato's Closet
Royalty Fee
Computer Renaissance 3-5%
Plato's Closet 5%
Advertising Fee
Computer Renaissance
Plato's Closet $1K/yr.
Year Founded
Computer Renaissance 1988
Plato's Closet 1998
Year Franchised
Computer Renaissance 1993
Plato's Closet 1999
Term Of Agreement
Computer Renaissance
Plato's Closet 10 years
Renewal Fee
Computer Renaissance
Plato's Closet 5000


Business Experience Requirements
Experience
Computer Renaissance
Plato's Closet

Financing Options
 
Franchise Fees
Computer Renaissance No
Plato's Closet No
Start-up Costs
Computer Renaissance
Plato's Closet
Equipment
Computer Renaissance}
Plato's Closet
Inventory
Computer Renaissance
Plato's Closet
Receivables
Computer Renaissance
Plato's Closet
Payroll
Computer Renaissance
Plato's Closet

Training & Support
Training
Computer Renaissance
Plato's Closet On-The-Job Training: 30 hours Classroom Training: 48 hours
Support
Computer Renaissance
Plato's Closet Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Computer Renaissance
Plato's Closet Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Computer Renaissance
Plato's Closet Number of Employees Required to Run: 3 - 5

Expansion Plans
US Expansion
Computer Renaissance
Plato's Closet Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Computer Renaissance
Plato's Closet Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
Computer Renaissance
Plato's Closet