FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for Winmark Corporation Platos Closet.
Based on 2015 FDD · 1 filing in corpus
This page is using 2015 FDD source data. Verify the franchisor's current FDD before relying on costs, fees, or Item 19. It is excluded from search indexing until refreshed.
Cost and profit at a glance
Based on FDDIQ's FDD corpus, a Winmark Corporation Platos Closet franchise shows an estimated initial investment of $231K – $398K. Reported owner economics show $151K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.
Quick fee read: $25K franchise fee · 5% royalty/ad burden. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.
Winmark Corporation Platos Closet requires a total initial investment of $231K to $398K (midpoint approximately $315K), with an initial franchise fee of $25K. The ongoing fee burden is 5% . This is below the industry average of approximately 22.3%, leaving more margin for the operator.
According to Item 19 of the 2015 FDD, the median revenue for Winmark Corporation Platos Closet locations is $1.0M. The implied franchisee EBITDA is approximately $151K, based on the margin assumptions disclosed in the FDD. The estimated cash-on-cash return is 48.0% with a payback period of approximately 2.1 years.
Winmark Corporation Platos Closet operates approximately 391 franchised units. The brand is growing, with a 9.9% net unit increase year-over-year, indicating franchisee demand and system health.
Prospective franchisees should verify all figures against the most recent FDD, conduct validation calls with multiple existing franchisees, and consult with a franchise attorney before signing any agreement.
Analysis based on 2015 FDD filing. FDDIQ Editorial Team · Methodology
Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.
Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.
Common questions buyers ask about Winmark Corporation Platos Closet, answered from FDD and SBA data.
The total initial investment for a Winmark Corporation Platos Closet franchise ranges from $231K to $398K, according to their Franchise Disclosure Document.
Winmark Corporation Platos Closet charges a 5% royalty fee on gross sales.
The initial franchise fee for Winmark Corporation Platos Closet is $25,000.
There are approximately 391 Winmark Corporation Platos Closet franchise locations as of 2023.
The median revenue for a Winmark Corporation Platos Closet franchise is $1.0M, with a cash-on-cash return of 48.0%, according to FDD Item 19 data.
SBA loan default rate data for Winmark Corporation Platos Closet is not currently available in the SBA database.
Whether a Winmark Corporation Platos Closet franchise is worth it depends on total startup cost, royalty burden, FDD Item 19 economics, SBA loan performance, and local operator execution. FDDIQ compares these signals against similar franchises so buyers can screen the opportunity before paying for diligence.
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