Consignment Franchise Over $1M Revenue and Rising

Premier Resale Retail Opportunity in a Booming Industry
This is a rare opportunity to acquire a highly profitable, consistently top-performing retail business operating in the thriving secondhand apparel market. The resale sector is experiencing explosive, sustained growth, projected to significantly outpace traditional retail, making this acquisition a strategic entry point into the future of fashion commerce.





Exceptional Growth Trajectory: The resale apparel industry is growing at a Compound Annual Growth Rate (CAGR) of over 10 % and is driven by shifting consumer values favoring sustainability, affordability, and unique style—especially among younger generations. This business is perfectly positioned to capture this demand.





Superior Financial Structure: The sale includes a significant, pre-negotiated advantage: a grandfathered-in royalty fee of only 4%. This is substantially below the industry standard range of 5-8% or more, resulting in an immediate and continuous boost to the new owner's net profit margin.
Plato's Closet Asheville, the place to shop for teen and young adult styles and brands, has been the leader in the recycled clothing market in Asheville for over 15 years! The original owners opened Plato's Closet and operated
the business for 8 years before selling it to the current owner, who built upon the previous owner's success and took it to the next level through delivering excellent customer service and developing awareness for the business throughout the community. Aside from selling gently-used clothes and shoes, Plato's Closet buys items daily from
it's local community members. Plato's Closet pays customers over $450,000 each year with cash "on-the-spot" for
the items they sell to the store. This provides community members with money to buy the necessities they need
such as gas, food, meds, etc. When the current owner bought the business in 2017 it was producing
approximately $850k in sales. Today, Plato's Closet Asheville grosses over $1.2m in sales which speaks to the growth driven by the active involvement of the owner and effective management team. Attentive customer service,
daily inventory management, expanded advertising efforts, and employee development are key areas of this
business that the owner and management team focus on to continue to maintain and grow the business.