Apparel & Accessories

Plato's Closet

Minneapolis, MN · Founded 1988 · PSCL

Winmark Corporation franchises Plato's Closet® retail stores that sell quality used and new brand name teen and young adult clothing and accessories, emphasizing consumer value by offering used merchandise at substantial savings and purchasing customers' used products.

2026 Franchise 500
#239
526
units (2025)
year over year

Units by Year

489
2021
500
2022
506
2023
515
2024
526
2025

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$355,700 – $467,900
FDD Item 7
Franchise fee
$25,000
FDD Item 5
Ad fund
6%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

5% of Gross Sales

Leadership

  • Brett D. Heffes

    Chair of the Board, Director and Chief Executive Officer

  • Renae M. Gaudette

    Chief Operating Officer

  • Anthony D. Ishaug

    Chief Financial Officer

  • Lisa Hake

    Chief Marketing Officer

  • Ryan D. Baune

    Vice President, Technology

  • Bradley W. Spencer

    Vice President, Operations

  • Shannon M. Hoppe

    Vice President, Franchise Development

  • Sarah A. Broadwater

    Vice President, Marketing

  • Jenele C. Grassle

    Director

  • Lawrence A. Barbetta

    Director

On File

FDD years
Select a year to open the FDD
Franchisee records
525
Current roster rows
Signed, not open
10
FDD Item 20, Table 5
Franchising for
26 yrs

Franchise Disclosure Documents

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Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.