Owner Financing Resale Franchise $1MILLION+ in sales and 20%+ SDE

Listing Number: 52661-237706

Listing Details

Owner Financing Resale Franchise $1MILLION+ in sales and 20%+ SDE
Price: $599,900
Location: Asheville, Buncombe County, North Carolina
  • Down Payment: $539,910
  • Sales: $1,202,965
  • Seller's Discretionary Earnings: $233,000
  • Inventory: $100,000
  • Furniture, Fixtures, and Equipment: $87,000
  • Rent: $8,200
  • Employees: 15
  • Year Established: 2009
  • Reason for Selling: Other interest

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For More Information About This Listing
Sherrye Coggiola

Business Description

Owner Financing for right Buyer, Franchisor requires one year residency. Are you looking for a thriving business opportunity in the resale market? Look no further than Plato's Closet Asheville, a well-established resale store located in North Carolina, United States. With over 15 years of experience in the recycled clothing market, Plato's Closet Asheville has become the go-to destination for teen and young adult styles and brands in the community. Originally founded by dedicated owners who operated the business successfully for 8 years, Plato's Closet was then acquired by the current owner in 2017. Since then, the business has seen remarkable growth, with sales surpassing $1.2 million annually. The secret to this success? A relentless focus on delivering exceptional customer service, fostering community awareness, and maintaining a strong inventory management system. One of the standout features of Plato's Closet Asheville is its unique buying process, where local community members can sell their gently-used clothes and shoes for cash on-the-spot, totaling over $450,000 in payouts each year. This not only provides customers with much-needed funds but also creates a strong bond between the store and its community. The potential for growth in this business is limitless, especially with a strategic focus on targeting key demographic drivers such as students and high-growth diverse communities. By tapping into the values of affordability, authenticity, and digital connection, there is a prime opportunity to further expand the customer base and drive revenue. If you are a savvy entrepreneur looking for a turn-key resale store with a loyal customer base and proven track record of success, Plato's Closet Asheville is the perfect investment for you. With an experienced management team in place and a solid foundation already established, you can step into this thriving business and take it to new heights. To learn more about this exciting business opportunity, 

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