What percentage does Platos Closet pay?

If they buy your clothes, it will usually be around 30 – 40% of the price you bought them at. They sell your clothes for 70% off retail prices, so in order to make a profit, they don’t want to spend much to buy them.

How long does it take Plato’s Closet to sort through clothes?

Expect to wait at least 30 minutes for them to look through your clothes. Since you gave them your number you don’t have to wait in the store for them to be ready. Let them know that you will be back later so that they know to give you a call when it’s ready for pickup.

Is Plato’s Closet for guys too?

At Plato’s Closet we buy and sell the hottest teen and twenty-something brands for guys and girls. Our racks are full of trendy gently used clothes, handbags, shoes and accessories at prices that are 70% less than regular retail.

Does Platos Closet sell Lululemon?

Store Hours We have all the name brands and styles you love at up to 70% less than regular retail prices. We look for brands such as Brandy Melville, Urban Outfitters, Patagonia, Lululemon, American Eagle, Free People, Nike, Adidas, Champion many many more… Want to make some extra cash fast?

How much are Rock Revival jeans at Plato’s Closet?

they are both size 5/6 (28) and they are just adorable! we have so many designer jeans that start at just $25! awesome deals at plato’s closet 🙂 we just got in two pairs of rock revival jeans! they are both size 5/6 (28) and they are just adorable!

How does Plato’s Closet make money?

Unlike consignment shops, Plato’s Closet pays sellers on the spot. The used clothes are purchased at between 30% and 40% of what Plato’s Closet intends to sell them at, creating a profitable model for both franchisees and customers.

Does Platos Closet buy used perfume?

Yes! We buy and sell perfume… – Plato’s Closet – Valparaiso.

Does Platos Closet Buy Old Navy clothes?

At Plato’s Closet, we buy and sell gently used clothes, shoes, handbags, and accessories for guys and girls in their teens and twenties. We have all the name brands and styles you love at up to 70% less than regular retail prices. We look for brands such as Nike, American Eagle, Lululemon, Old Navy and more.

Does Platos Closet take purses?

STEP TWO: Pack your items! No plastic/garbage bags or loose items. We also accept shoes, purses, backpacks, jewelry, and hats! We purchase all seasons, all year round so you can bring us last years styles or items you’re done wearing for the season. If you have any questions about what we do accept, give us a call!

Does Platos accept ripped jeans?

6 answers. Yes. Very open and casual dress code. Ripped jeans are allowed to be worn.

Who owns Plato’s Closet?

Winmark Corporation
Winmark Corporation owns five franchise-based retail companies that focus on used goods: Music Go Round (musical instruments), Once Upon a Child (children’s clothes and toys), Plato’s Closet (adolescent and young adult clothes), Play It Again Sports (sports equipment), and Style Encore (women’s clothing).

Why is it called Plato’s Closet?

The first Plato’s Closet store was opened in Columbus, Ohio by founders Lynn and Dennis Blum – our owners! They turned to their teenage son to help create the name for the business. While doing research for a school project, the Blums’ son gained much knowledge and respect for the pioneering Greek philosopher, Plato.

Does Plato’s Closet buy shoes?

We buy gently used teen and young adult clothes, shoes and accessories that are in good condition — no stains. We buy every day and will pay you cash on the spot, no appointment needed!

Does Platos Closet wash their clothes?

We do not wash clothing as we purchase it but we do accept items in ready to wear condition. We are particularly picky on the cleanliness of the items accepted but we like to remind shoppers to give their items a wash once they get them home.

What sizes does Platos Closet buy?

At Plato’s Closet we buy styles for all and sizes for all. For women we buy sizes XS-6X in tops and 00-30 in bottoms. For men we buy sizes XS-4X in tops and 28-40 in bottoms. Earn cash on the spot today when you sell us your gently used tredny items!

Does Platos Closet buy Kate Spade?

We buy accessories such as crossbody handbags, wallets, cardholders from either mall brands or a select list of designers (Rebecca Minkoff, Coach, Kate Spade, Dooney & Bourke, Michael Kors).

How much money do you need to start a Plato’s Closet?

As in any successful start-up business, proper capitalization from Day 1 is key. We qualify candidates on an approximate investment of $275,000 to $350,000, however, this investment will vary depending on the market and other factors.

How much does it cost to open Plato’s Closet?

How much does Plato’s Closet franchise cost? Plato’s Closet has the franchise fee of up to $25,000, with total initial investment range of $255,000 to $400,900.