When did Plato’s Closet open?
Plato’s Closet was founded in 1998 by Lynn and Dennis Blum in Columbus, Ohio. The Blums were also the founders of Once Upon A Child, a resale franchise that they sold to Winmark Corporation in 1992.
Is Plato’s Closet or Goodwill cheaper?
Plato’s closet does tend to cost a bit more than Goodwill or Salvation Army, but still nevertheless has cheap prices. All three of these second hand stores offer an individual shopping experience.
How long can you leave clothes at Plato’s Closet?
The longest you can wait to pick up the clothes is two days, but I don’t recommend it. The quicker you go back to get them the better. Or you can stay in the store and shop around while you wait.
How much does a Plato’s Closet make a year?
In 2019, our average Plato’s Closet location had sales of $1,093,448, and our top 25% of these stores (113 locations) had average gross sales of $1,621,916.
Is Plato’s Closet a profitable franchise?
Plato’s Closet Fast Facts
Below, see a general overview of our franchise stores, what kind of merchandise they carry, who they serve, and more! Sales and gross margins: Top Quartile Average Gross Sales: $1,423,348 (2020)* Top Quartile Average Gross Profit: $889,904 (2020)*
What the most Plato’s Closet will give you?
The bottom line
The first thing you need to know about Plato’s Closet is that when they take in your items, they give you between 30% and 40% of the retail value of that item. Say you bring in a pair of jean shorts that you bought for $20, the store can only give you so much for it.
Does Plato’s Closet take Shein?
Sell us any of your gently used Shein and watch for our Shein drop!
How much does Plato’s Closet pay an hour?
Plato’s Closet Jobs by Hourly Rate
| Job Title | Range | Average |
|---|---|---|
| Job Title:Retail Store Manager | Range:$10 – $21 | Average:$14 |
| Sales Associate | Range:$8 – $13 | Average:$10 |
| Keyholder | Range:$8 – $15 (Estimated *) | Average:$10 |
| Cashier | Range:$7 – $12 (Estimated *) | Average:$9 |
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Nov 11, 2021
How much does platos pay for Lululemon?
But you will get a lot more money for better brands selling online. We’re talking about more mid-range brands like Tory Burch, Patagonia, and even newer Lululemon. Plato’s will only pay you 30-40% of what they will sell it for.
What tags do I cut off for Plato’s Closet?
Is Plato’s Closet taking clothes?
Not Your Typical Secondhand Clothing Store
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!
Is Plato’s Closet for guys too?
6. Plato’s Closet. Plato’s Closet focuses on teen and young adult clothing and accessories — for guys, this means clothing in the 28-40 waist size range in “current styles that are still in the mall.” Check here to see if there are any locations in your area.
Does Platos Closet buy scrubs?
We are now buying scrubs! … Ready to update your daily, work wear? Come in soon and let us create an offer for you.
Does Platos Closet take watches?
Bring us your accessories! Plato’s Closet pays on the spot for gently used jewelry, watches, sunglasses and more.
Does Platos buy polo?
Sell us your gently used polo clothes and trade it in for a new look! We buy clothes everyday!
What does Plato’s Closet Cary?
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 Buy Old Navy?
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 Plato’s Closet take bags?
We ask that all items come freshly laundered and organized neatly in a sturdy container (box, bin, laundry basket) or a reusable bag. No plastic/garbage bags or loose items. We also accept shoes, purses, backpacks, jewelry, and hats!
How much does Plato’s Closet pay for clothes?
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. They’ll buy basic things like T-shirts for around $2.
Does clothes Mentor buy men’s clothing?
Do you buy men’s, junior’s, or children’s clothing? No, we only buy women’s clothing, shoes, handbags and accessories.
Does Plato’s Closet buy winter clothes in the summer?
Plato’s Closet buys/trades guys and girls spring, summer, fall, and winter clothes no matter the season, and no appointments are needed!