Plato's Closet FDD: What Changed from 2025 to 2026
Plato's Closet's 2026 FDD lists an Item 7 estimated initial investment of $355,700–$467,900, against $327,200–$449,000 in the 2025 filing.
Source: MN CARDS & WI DFI state filings · Updated April 2026 · Clearly FDD
Item 7 — Estimated Initial Investment
2025 FDD
2026 FDD
Change
Low end of range
$327,200
$355,700
+$28,500 (+8.7%)
High end of range
$449,000
$467,900
+$18,900 (+4.2%)
Full range
$327,200–$449,000
$355,700–$467,900
The 2026 filing puts the Item 7 estimated initial investment at $355,700–$467,900, against $327,200–$449,000 in the 2025 filing.
Item 20 — System Size (Outlet Count)
2025 FDD
2026 FDD
Change
Total outlets (Item 20)
515
526
+11 (+2.1%)
Plato's Closet reports 526 stores in the 2026 FDD, up 11 from 515 in the 2025 filing.
Item 19 — Financial Performance Representations
Plato's Closet included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Item 6 — Ongoing Fees
2025 FDD
2026 FDD
Change
Royalty rate
5%
5%
unchanged
The ongoing royalty rate remains 5% of Gross Sales between filings; the initial franchise fee also holds at $25,000.
Frequently asked questions
Did the cost to open a Plato's Closet franchise change in the 2026 FDD?
The 2026 FDD for Plato's Closet states an Item 7 estimated initial investment of $355,700–$467,900, against $327,200–$449,000 in the 2025 filing. The low end moves from $327,200 to $355,700 (+$28,500 (+8.7%)) and the high end moves from $449,000 to $467,900 (+$18,900 (+4.2%)).
How many locations does Plato's Closet have?
The 2026 FDD for Plato's Closet reports 526 outlets in Item 20, against 515 in the 2025 filing — 11 more.
Did Plato's Closet change its royalty rate?
No. Both the 2025 and 2026 filings for Plato's Closet state a standard royalty of 5%.
Does Plato's Closet disclose financial performance in its FDD?
Plato's Closet included an Item 19 financial performance representation in both the 2025 and 2026 filings.