Established Plato's Closet Franchise

This is the perfect opportunity for someone to acquire a profitable and already established retail franchise with an attractive and recurring free cash flow, impressive profit margin, and turnkey business model! - Average sales per franchise is $1.4 million annually. - Average gross profit from sales is $890 thousand annually - Very simple business model (retail-resale) Financial metrics are from January 2021 - November 2021. Location: Faulkner County, Arkansas Year Established: 2014 Number of Employees: 10 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 5,000 Rent: $5,041.00 Per Month Lease Expiration: 3/31/2024 Facilities: Move-in ready! This location is up-to-date on all facilities including its P.O.S software system, furniture, fixtures, and equipment. A new owner will not be responsible for any updates, repairs, or maintenance. Growth & Expansion: The projected outlook for the retail-resale market is hot! By 2023, the industry is expected to reach a market cap of $53 billion and continue to reach $77 billion by 2025! Now is the perfect time to enter this market.