Franchise opportunities compared
MN Filing 35439-202602-15 vs Plato’s Closet
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Item 19 figures cover the location groups each FDD names (MN Filing 35439-202602-15: 46, Plato’s Closet: 17). Different groups are not directly comparable.
| Disclosure | MFMN Filing 35439-202602-15 | Plato’s Closet |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $193,250 – $406,900 Total estimated initial investment — single Store 2026 FDD · Item 7 · PDF p. 23 | $355,700 Total initial investment 2026 FDD · Item 7 · PDF p. 18 |
| Standard initial franchise fee (Item 5) | Not available No single standard fee identified | $25,000 2026 FDD · Item 5 · PDF p. 12 |
| Royalty (Item 6) | 6% Royalty fee 2026 FDD · Item 6 · PDF p. 16 | Not available No reviewed royalty record |
| Brand / advertising fund (Item 6) | $100 SMS and email marketing fee — low end 2026 FDD · Item 6 · PDF p. 19 | $1,500 Annual marketing fee 2026 FDD · Item 6 · PDF p. 13 |
| System scale & health | ||
| Total outlets (Item 20) | 68 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 65 | 1,052 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 46 |
| Net outlet change (Item 20) | −20 Calculated: 88 at end of 2023 → 68 at end of 2025 | +40 Calculated: 1,012 at end of 2023 → 1,052 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | 1999 From a verified franchisor listing |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record — Non-franchised Beef Jerky Experience Stores owned and operated by affiliates fo… $369,154 other gross product cost · 2026 FDD · Item 19 · PDF p. 61 Locations counted not stated in the reviewed record — Non-franchised Beef Jerky Experience Stores owned and operated by affiliates fo… $392,966 other gross product cost · 2026 FDD · Item 19 · PDF p. 61 Locations counted not stated in the reviewed record — Affiliate-owned Fueling Station Model Store — Beef Jerky category, FY2023 $1,004,425 other Gross product sales · 2026 FDD · Item 19 · PDF p. 63 +43 more groups in the full report | Locations counted not stated in the reviewed record — Opened 2024 6 units other Opened 2024 · 2026 FDD · Item 19 · PDF p. 44 Locations counted not stated in the reviewed record — Opened 2023 12 percent other Opened 2023 · 2026 FDD · Item 19 · PDF p. 44 Locations counted not stated in the reviewed record — Opened 2022 34 units other Opened 2022 · 2026 FDD · Item 19 · PDF p. 44 +14 more groups in the full report |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
MN Filing 35439-202602-15 vs Plato’s Closet: common questions
- Which costs less to open, MN Filing 35439-202602-15 or Plato’s Closet?
- MN Filing 35439-202602-15: $193,250 – $406,900 (2026 FDD · Item 7 · PDF p. 23); Plato’s Closet: $355,700 (2026 FDD · Item 7 · PDF p. 18). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for MN Filing 35439-202602-15. Estimates are not quotes, and the FDD years may differ.
- Which has more locations, MN Filing 35439-202602-15 or Plato’s Closet?
- MN Filing 35439-202602-15: 68 (2026 FDD · Item 20 · PDF p. 65); Plato’s Closet: 1,052 (2026 FDD · Item 20 · PDF p. 46). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do MN Filing 35439-202602-15 and Plato’s Closet disclose financial performance (Item 19)?
- MN Filing 35439-202602-15 has reviewed Item 19 figures for 46 location groups; Plato’s Closet has reviewed Item 19 figures for 17 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
