Franchise opportunities compared

    PayMore Store 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.

    Initial investment · Item 7

    PayMore Store

    $131,750 – $256,500

    2025 FDD · Item 7

    Plato’s Closet

    $355,700

    2026 FDD · Item 7 · PDF p. 18

    Initial franchise fee · Item 5

    PayMore Store

    Not available

    Plato’s Closet

    $25,000

    2026 FDD · Item 5 · PDF p. 12

    Royalty · Item 6

    PayMore Store

    5%

    2025 FDD · Item 6 · PDF p. 10

    Plato’s Closet

    Not available

    Before you compare

    • PayMore Store figures come from its 2025 FDD and Plato’s Closet figures from its 2026 FDD, so the years differ.
    • PayMore Store discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (PayMore Store: 6, Plato’s Closet: 17). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    PayMore Store

    $131,750 – $256,500
    2025 FDD · Item 7

    Plato’s Closet

    $355,700
    Total initial investment
    2026 FDD · Item 7 · PDF p. 18
    Standard initial franchise fee (Item 5)

    PayMore Store

    Not available
    No single standard fee identified

    Plato’s Closet

    $25,000
    2026 FDD · Item 5 · PDF p. 12
    Royalty (Item 6)

    PayMore Store

    5%
    Royalty rate
    2025 FDD · Item 6 · PDF p. 10

    Plato’s Closet

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    PayMore Store

    1%
    Worldwide creative marketing fee — 1%
    2025 FDD · Item 6 · PDF p. 11

    Plato’s Closet

    $1,500
    Annual marketing fee
    2026 FDD · Item 6 · PDF p. 13

    System scale & health

    Total outlets (Item 20)

    PayMore Store

    58
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 50

    Plato’s Closet

    526
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 46
    Net outlet change (Item 20)

    PayMore Store

    +49
    Calculated: 9 at end of 2022 → 58 at end of 2024

    Plato’s Closet

    +20
    Calculated: 506 at end of 2023 → 526 at end of 2025
    Outlet exits (Item 20)

    PayMore Store

    Not available
    No complete exit records for a year

    Plato’s Closet

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    PayMore Store

    Not available
    Not in reviewed records

    Plato’s Closet

    1999
    From a verified franchisor listing
    Franchisor founded (Item 1)

    PayMore Store

    Not available
    Not in reviewed records

    Plato’s Closet

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    PSPayMore Store
    Locations counted not stated in the reviewed record — One franchised location listed in Part I of the 2024 Item 19 representation; th…
    $1,267,684
    other 2024 Gross Sales
    2025 FDD · Item 19 · PDF p. 48
    Locations counted not stated in the reviewed record — Affiliate-operated location during calendar year 2024
    $1,532,370
    other 2024 Affiliate-operated location
    2025 FDD · Item 19 · PDF p. 49
    Locations counted not stated in the reviewed record — Franchised locations during calendar year 2024
    $1,202,823
    other 2024 Franchised locations
    2025 FDD · Item 19 · PDF p. 49
    +3 more groups in the full report
    Plato’s Closet
    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.

    PayMore Store vs Plato’s Closet: common questions

    Which costs less to open, PayMore Store or Plato’s Closet?
    PayMore Store: $131,750 – $256,500 (2025 FDD · Item 7); 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 PayMore Store. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, PayMore Store or Plato’s Closet?
    PayMore Store: 58 (2025 FDD · Item 20 · PDF p. 50); Plato’s Closet: 526 (2026 FDD · Item 20 · PDF p. 46). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do PayMore Store and Plato’s Closet disclose financial performance (Item 19)?
    PayMore Store has reviewed Item 19 figures for 6 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.

    How Franopolis reviews FDD figures

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