Start-Up Costs and Fees |
||
| Plato's Closet | Cash Converters | |
| Investment | 251700 - 390700 | 160000 - 300000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | $1K/yr. | |
| Year Founded | 1998 | 1995 |
| Year Franchised | 1999 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Plato's Closet | Cash Converters | |
| Experience | ||
Financing Options |
||
| Plato's Closet | Cash Converters | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Plato's Closet | Cash Converters | |
| Training | On-The-Job Training: 30 hours Classroom Training: 48 hours | |
| 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 | |
| Operations | Number of Employees Required to Run: 3 - 5 | |
Expansion Plans |
||
| Plato's Closet | Cash Converters | |
| 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 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Plato's Closet | |
| Cash Converters | |
| Franchise Fee | |
| Plato's Closet | |
| Cash Converters | |
| Royalty Fee | |
| Plato's Closet | 5% |
| Cash Converters | |
| Advertising Fee | |
| Plato's Closet | $1K/yr. |
| Cash Converters | |
| Year Founded | |
| Plato's Closet | 1998 |
| Cash Converters | 1995 |
| Year Franchised | |
| Plato's Closet | 1999 |
| Cash Converters | 0 |
| Term Of Agreement | |
| Plato's Closet | 10 years |
| Cash Converters | |
| Renewal Fee | |
| Plato's Closet | 5000 |
| Cash Converters | |
Business Experience Requirements |
|
| Experience | |
| Plato's Closet | |
| Cash Converters | |
Financing Options |
|
| Franchise Fees | |
| Plato's Closet | No |
| Cash Converters | No |
| Start-up Costs | |
| Plato's Closet | |
| Cash Converters | |
| Equipment | |
| Plato's Closet} | |
| Cash Converters | |
| Inventory | |
| Plato's Closet | |
| Cash Converters | |
| Receivables | |
| Plato's Closet | |
| Cash Converters | |
| Payroll | |
| Plato's Closet | |
| Cash Converters | |
Training & Support |
|
| Training | |
| Plato's Closet | On-The-Job Training: 30 hours Classroom Training: 48 hours |
| Cash Converters | |
| 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 |
| Cash Converters | |
| Marketing | |
| Plato's Closet | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Cash Converters | |
| Operations | |
| Plato's Closet | Number of Employees Required to Run: 3 - 5 |
| Cash Converters | |
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 |
| Cash Converters | |
| 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 |
| Cash Converters | 0 |
| International Expansion | |
| Plato's Closet | |
| Cash Converters | |