FDD Year-over-Year Comparison
Plato's Closet FDD: What Changed from 2025 to 2026
The 2026 Plato's Closet FDD lifts both ends of the Item 7 estimated initial investment — the low end moves from $327,200 to $355,700 (+$28,500, +8.7%) and the high end from $449,000 to $467,900 (+$18,900, +4.2%) — while the system adds 11 stores to 526.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $327,200 | $355,700 | +$28,500 |
| High end of range | $449,000 | $467,900 | +$18,900 |
| Full range | $327,200–$449,000 | $355,700–$467,900 | |
Both ends of the Item 7 range shift up between filings, widening the overall investment band from $121,800 to $112,200.
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) and the high end moves from $449,000 to $467,900 (+$18,900).
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.
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