Plato's Closet vs Restyle Franchise Comparison

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

Start-Up Costs and Fees
  Plato's Closet Restyle
Investment 251700 - 390700 46500 - 61700
Franchise Fee
Royalty Fee 5% $500/ month
Advertising Fee $1K/yr.
Year Founded 1998 2005
Year Franchised 1999 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Plato's Closet Restyle
Experience

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

Training & Support
  Plato's Closet Restyle
Training On-The-Job Training: 30 hours Classroom Training: 48 hours * Available at headquarters * Available at franchisee's location
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 * Number of employees needed to run franchised unit: 3 * Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

Expansion Plans
  Plato's Closet Restyle
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 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
Restyle
Franchise Fee
Plato's Closet
Restyle
Royalty Fee
Plato's Closet 5%
Restyle $500/ month
Advertising Fee
Plato's Closet $1K/yr.
Restyle
Year Founded
Plato's Closet 1998
Restyle 2005
Year Franchised
Plato's Closet 1999
Restyle 2005
Term Of Agreement
Plato's Closet 10 years
Restyle 10 years
Renewal Fee
Plato's Closet 5000
Restyle


Business Experience Requirements
Experience
Plato's Closet
Restyle

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

Training & Support
Training
Plato's Closet On-The-Job Training: 30 hours Classroom Training: 48 hours
Restyle * Available at headquarters * Available at franchisee's location
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
Restyle
Marketing
Plato's Closet Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Restyle
Operations
Plato's Closet Number of Employees Required to Run: 3 - 5
Restyle * Number of employees needed to run franchised unit: 3 * Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

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
Restyle 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
Plato's Closet Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Restyle
International Expansion
Plato's Closet
Restyle