Renaissance Fine Consignment vs Plato's Closet Franchise Comparison

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

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


Business Experience Requirements
  Renaissance Fine Consignment Plato's Closet
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
  Renaissance Fine Consignment Plato's Closet
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Renaissance Fine Consignment Plato's Closet
Training On-The-Job Training: 30 hours Classroom Training: 48 hours
Support 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 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
  Renaissance Fine Consignment 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 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
Renaissance Fine Consignment
Plato's Closet
Franchise Fee
Renaissance Fine Consignment
Plato's Closet
Royalty Fee
Renaissance Fine Consignment 4%
Plato's Closet 5%
Advertising Fee
Renaissance Fine Consignment
Plato's Closet $1K/yr.
Year Founded
Renaissance Fine Consignment 1997
Plato's Closet 1998
Year Franchised
Renaissance Fine Consignment 2010
Plato's Closet 1999
Term Of Agreement
Renaissance Fine Consignment
Plato's Closet 10 years
Renewal Fee
Renaissance Fine Consignment
Plato's Closet 5000


Business Experience Requirements
Experience
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
Plato's Closet

Financing Options
 
Franchise Fees
Renaissance Fine Consignment
Plato's Closet
Start-up Costs
Renaissance Fine Consignment
Plato's Closet
Equipment
Renaissance Fine Consignment}
Plato's Closet
Inventory
Renaissance Fine Consignment
Plato's Closet
Receivables
Renaissance Fine Consignment
Plato's Closet
Payroll
Renaissance Fine Consignment
Plato's Closet

Training & Support
Training
Renaissance Fine Consignment
Plato's Closet On-The-Job Training: 30 hours Classroom Training: 48 hours
Support
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
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
Renaissance Fine Consignment
Plato's Closet Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Renaissance Fine Consignment
Plato's Closet Number of Employees Required to Run: 3 - 5

Expansion Plans
US Expansion
Renaissance Fine Consignment
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
Renaissance Fine Consignment
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
Renaissance Fine Consignment
Plato's Closet