Restyle vs Plato's Closet Franchise Comparison

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

Start-Up Costs and Fees
  Restyle Plato's Closet
Investment 46500 - 61700 251700 - 390700
Franchise Fee
Royalty Fee $500/ month 5%
Advertising Fee $1K/yr.
Year Founded 2005 1998
Year Franchised 2005 1999
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Restyle Plato's Closet
Experience

Financing Options
  Restyle Plato's Closet
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Restyle Plato's Closet
Training * Available at headquarters * Available at franchisee's location 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 needed to run franchised unit: 3 * Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) Number of Employees Required to Run: 3 - 5

Expansion Plans
  Restyle 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 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
Restyle
Plato's Closet
Franchise Fee
Restyle
Plato's Closet
Royalty Fee
Restyle $500/ month
Plato's Closet 5%
Advertising Fee
Restyle
Plato's Closet $1K/yr.
Year Founded
Restyle 2005
Plato's Closet 1998
Year Franchised
Restyle 2005
Plato's Closet 1999
Term Of Agreement
Restyle 10 years
Plato's Closet 10 years
Renewal Fee
Restyle
Plato's Closet 5000


Business Experience Requirements
Experience
Restyle
Plato's Closet

Financing Options
 
Franchise Fees
Restyle No
Plato's Closet No
Start-up Costs
Restyle
Plato's Closet
Equipment
Restyle}
Plato's Closet
Inventory
Restyle
Plato's Closet
Receivables
Restyle
Plato's Closet
Payroll
Restyle
Plato's Closet

Training & Support
Training
Restyle * Available at headquarters * Available at franchisee's location
Plato's Closet On-The-Job Training: 30 hours Classroom Training: 48 hours
Support
Restyle
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
Restyle
Plato's Closet Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Restyle * Number of employees needed to run franchised unit: 3 * Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)
Plato's Closet Number of Employees Required to Run: 3 - 5

Expansion Plans
US Expansion
Restyle 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
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
Restyle
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
Restyle
Plato's Closet