Question 1

What is the Plato's Closet franchise royalty rate?

Accepted Answer

The Plato's Closet franchise charges a royalty rate of 5.0% of gross sales, according to the latest Franchise Disclosure Document (FDD).

Question 2

What are the total ongoing fees for a Plato's Closet franchise?

Accepted Answer

The total ongoing fee rate for a Plato's Closet franchise is approximately 7.0% of gross sales, including royalty, marketing, technology, and other recurring fees.

Question 3

What is the Plato's Closet franchise advertising fee?

Accepted Answer

Plato's Closet requires a national advertising/marketing fund contribution of 2.0% of gross sales.