Plato's Closet vs Renaissance Fine Consignment Franchise Comparison

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

Start-Up Costs and Fees
  Plato's Closet Renaissance Fine Consignment
Investment 251700 - 390700 86175 - 227000
Franchise Fee
Royalty Fee 5% 4%
Advertising Fee $1K/yr.
Year Founded 1998 1997
Year Franchised 1999 2010
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Plato's Closet Renaissance Fine Consignment
Experience Renaissance Consignment is seeking individual franchise partners throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Love working with Retail and Fashion *Minimum financial net worth of $75,000

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

Training & Support
  Plato's Closet Renaissance Fine Consignment
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 Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution
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 Renaissance Fine Consignment
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
Renaissance Fine Consignment
Franchise Fee
Plato's Closet
Renaissance Fine Consignment
Royalty Fee
Plato's Closet 5%
Renaissance Fine Consignment 4%
Advertising Fee
Plato's Closet $1K/yr.
Renaissance Fine Consignment
Year Founded
Plato's Closet 1998
Renaissance Fine Consignment 1997
Year Franchised
Plato's Closet 1999
Renaissance Fine Consignment 2010
Term Of Agreement
Plato's Closet 10 years
Renaissance Fine Consignment
Renewal Fee
Plato's Closet 5000
Renaissance Fine Consignment


Business Experience Requirements
Experience
Plato's Closet
Renaissance Fine Consignment Renaissance Consignment is seeking individual franchise partners throughout the United States as well as multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion *Management Experience *Love working with Retail and Fashion *Minimum financial net worth of $75,000

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

Training & Support
Training
Plato's Closet On-The-Job Training: 30 hours Classroom Training: 48 hours
Renaissance Fine Consignment
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
Renaissance Fine Consignment Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution
Marketing
Plato's Closet Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Renaissance Fine Consignment
Operations
Plato's Closet Number of Employees Required to Run: 3 - 5
Renaissance Fine Consignment

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
Renaissance Fine Consignment
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
Renaissance Fine Consignment
International Expansion
Plato's Closet
Renaissance Fine Consignment