Plato's Closet vs Style Encore Franchise Comparison

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

Start-Up Costs and Fees
  Plato's Closet Style Encore
Investment 251700 - 390700 264200 - 398400
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee $1K/yr.
Year Founded 1998 2013
Year Franchised 1999 2013
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Plato's Closet Style Encore
Experience To be a successful Style Encore franchisee requires proper capitalization, hard work and people skills. It isn't for everyone. While having knowledge of fashion is helpful, our comprehensive training program will provide you with the tools and skills you need to be successful. If you are motivated, organized, enjoy working with the public, and can diligently follow our proven system, you are a good candidate for a Style Encore franchise.

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

Training & Support
  Plato's Closet Style Encore
Training On-The-Job Training: 30 hours Classroom Training: 48 hours Winmark provides over 75 hours of classroom instruction and in-store training on the following: business plans, retail site selection, store set-up, computer training, advertising and marketing, and store operations. Our computer support center offers access to technicians who provide assistance with hardware, software and operational questions seven days a week.
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 Co-op Advertising Ad Templates National Media 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 Style Encore
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 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
Style Encore
Franchise Fee
Plato's Closet
Style Encore
Royalty Fee
Plato's Closet 5%
Style Encore 5%
Advertising Fee
Plato's Closet $1K/yr.
Style Encore
Year Founded
Plato's Closet 1998
Style Encore 2013
Year Franchised
Plato's Closet 1999
Style Encore 2013
Term Of Agreement
Plato's Closet 10 years
Style Encore 10 years
Renewal Fee
Plato's Closet 5000
Style Encore $5K


Business Experience Requirements
Experience
Plato's Closet
Style Encore To be a successful Style Encore franchisee requires proper capitalization, hard work and people skills. It isn't for everyone. While having knowledge of fashion is helpful, our comprehensive training program will provide you with the tools and skills you need to be successful. If you are motivated, organized, enjoy working with the public, and can diligently follow our proven system, you are a good candidate for a Style Encore franchise.

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

Training & Support
Training
Plato's Closet On-The-Job Training: 30 hours Classroom Training: 48 hours
Style Encore Winmark provides over 75 hours of classroom instruction and in-store training on the following: business plans, retail site selection, store set-up, computer training, advertising and marketing, and store operations. Our computer support center offers access to technicians who provide assistance with hardware, software and operational questions seven days a week.
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
Style Encore
Marketing
Plato's Closet Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Style Encore Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Plato's Closet Number of Employees Required to Run: 3 - 5
Style Encore

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