Start-Up Costs and Fees |
||
| Plato's Closet | Other Mothers | |
| Investment | 251700 - 390700 | 140176 - 202176 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | $1K/yr. | |
| Year Founded | 1998 | 0 |
| Year Franchised | 1999 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Plato's Closet | Other Mothers | |
| Experience | Owner/operators or investors with solid operators in mind who possess the following: Ability to learn, yet follow a proven system. Financial capability. A belief in OTHER MOTHERS\TRENDY TRADES to provide highest quality possible for price that moves the merchandise quickly and allows the owners to make their profits in high-volume rather than high prices. A passion for providing merchandise in a clean and friendly store with the look and feel of a new store. | |
Financing Options |
||
| Plato's Closet | Other Mothers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Plato's Closet | Other Mothers | |
| 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 |
||
| Plato's Closet | Other Mothers | |
| 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 | |
| Plato's Closet | |
| Other Mothers | |
| Franchise Fee | |
| Plato's Closet | |
| Other Mothers | |
| Royalty Fee | |
| Plato's Closet | 5% |
| Other Mothers | |
| Advertising Fee | |
| Plato's Closet | $1K/yr. |
| Other Mothers | |
| Year Founded | |
| Plato's Closet | 1998 |
| Other Mothers | 0 |
| Year Franchised | |
| Plato's Closet | 1999 |
| Other Mothers | 0 |
| Term Of Agreement | |
| Plato's Closet | 10 years |
| Other Mothers | |
| Renewal Fee | |
| Plato's Closet | 5000 |
| Other Mothers | |
Business Experience Requirements |
|
| Experience | |
| Plato's Closet | |
| Other Mothers | Owner/operators or investors with solid operators in mind who possess the following: Ability to learn, yet follow a proven system. Financial capability. A belief in OTHER MOTHERS\TRENDY TRADES to provide highest quality possible for price that moves the merchandise quickly and allows the owners to make their profits in high-volume rather than high prices. A passion for providing merchandise in a clean and friendly store with the look and feel of a new store. |
Financing Options |
|
| Franchise Fees | |
| Plato's Closet | No |
| Other Mothers | No |
| Start-up Costs | |
| Plato's Closet | |
| Other Mothers | |
| Equipment | |
| Plato's Closet} | |
| Other Mothers | |
| Inventory | |
| Plato's Closet | |
| Other Mothers | |
| Receivables | |
| Plato's Closet | |
| Other Mothers | |
| Payroll | |
| Plato's Closet | |
| Other Mothers | |
Training & Support |
|
| Training | |
| Plato's Closet | On-The-Job Training: 30 hours Classroom Training: 48 hours |
| Other Mothers | |
| Support | |
| 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 |
| Other Mothers | |
| Marketing | |
| Plato's Closet | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Other Mothers | |
| Operations | |
| Plato's Closet | Number of Employees Required to Run: 3 - 5 |
| Other Mothers | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Other Mothers | |
| Canada Expansion | |
| Plato's Closet | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Other Mothers | |
| International Expansion | |
| Plato's Closet | |
| Other Mothers | |