Start-Up Costs and Fees |
||
| Hock Shop | Plato's Closet | |
| Investment | 165000 - 165000 | 251700 - 390700 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | $1K/yr. | |
| Year Founded | 1983 | 1998 |
| Year Franchised | 1993 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hock Shop | Plato's Closet | |
| Experience | ||
Financing Options |
||
| Hock Shop | Plato's Closet | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hock Shop | 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 |
||
| Hock Shop | 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 | 0 | 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 | |
| Hock Shop | |
| Plato's Closet | |
| Franchise Fee | |
| Hock Shop | |
| Plato's Closet | |
| Royalty Fee | |
| Hock Shop | |
| Plato's Closet | 5% |
| Advertising Fee | |
| Hock Shop | |
| Plato's Closet | $1K/yr. |
| Year Founded | |
| Hock Shop | 1983 |
| Plato's Closet | 1998 |
| Year Franchised | |
| Hock Shop | 1993 |
| Plato's Closet | 1999 |
| Term Of Agreement | |
| Hock Shop | |
| Plato's Closet | 10 years |
| Renewal Fee | |
| Hock Shop | |
| Plato's Closet | 5000 |
Business Experience Requirements |
|
| Experience | |
| Hock Shop | |
| Plato's Closet | |
Financing Options |
|
| Franchise Fees | |
| Hock Shop | |
| Plato's Closet | |
| Start-up Costs | |
| Hock Shop | |
| Plato's Closet | |
| Equipment | |
| Hock Shop} | |
| Plato's Closet | |
| Inventory | |
| Hock Shop | |
| Plato's Closet | |
| Receivables | |
| Hock Shop | |
| Plato's Closet | |
| Payroll | |
| Hock Shop | |
| Plato's Closet | |
Training & Support |
|
| Training | |
| Hock Shop | |
| Plato's Closet | On-The-Job Training: 30 hours Classroom Training: 48 hours |
| Support | |
| Hock Shop | |
| 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 | |
| Hock Shop | |
| Plato's Closet | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Hock Shop | |
| Plato's Closet | Number of Employees Required to Run: 3 - 5 |
Expansion Plans |
|
| US Expansion | |
| Hock Shop | |
| 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 | |
| Hock Shop | 0 |
| 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 | |
| Hock Shop | |
| Plato's Closet | |