Franchise opportunities compared

    Pearce Bespoke 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

    Pearce Bespoke

    $42,919 – $128,320

    2025 FDD · Item 7

    Plato’s Closet

    $355,700

    2026 FDD · Item 7 · PDF p. 18

    Initial franchise fee · Item 5

    Pearce Bespoke

    $29,000

    2025 FDD · Item 5 · PDF p. 9

    Plato’s Closet

    $25,000

    2026 FDD · Item 5 · PDF p. 12

    Royalty · Item 6

    Pearce Bespoke

    10%

    2025 FDD · Item 6 · PDF p. 11

    Plato’s Closet

    Not available

    Before you compare

    • Pearce Bespoke figures come from its 2025 FDD and Plato’s Closet figures from its 2026 FDD, so the years differ.
    • Pearce Bespoke 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 (Pearce Bespoke: 3, Plato’s Closet: 17). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Pearce Bespoke

    $42,919 – $128,320
    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)

    Pearce Bespoke

    $29,000
    2025 FDD · Item 5 · PDF p. 9

    Plato’s Closet

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

    Pearce Bespoke

    10%
    Royalty fee
    2025 FDD · Item 6 · PDF p. 11

    Plato’s Closet

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

    Pearce Bespoke

    2%
    Brand fund fee — 2%
    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)

    Pearce Bespoke

    48
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 36

    Plato’s Closet

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

    Pearce Bespoke

    +45
    Calculated: 3 at end of 2022 → 48 at end of 2024

    Plato’s Closet

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

    Pearce Bespoke

    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)

    Pearce Bespoke

    Not available
    Not in reviewed records

    Plato’s Closet

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

    Pearce Bespoke

    Not available
    Not in reviewed records

    Plato’s Closet

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Pearce Bespoke
    Locations counted not stated in the reviewed record — Clothiers who operated from January through December 2024
    $69,051
    other gross revenue
    2025 FDD · Item 19 · PDF p. 36
    Locations counted not stated in the reviewed record — Clothiers who operated from January through December 2024
    $112,174
    other gross revenue
    2025 FDD · Item 19 · PDF p. 36
    Locations counted not stated in the reviewed record — Clothiers who operated from January through December 2024
    $9,316
    other gross revenue
    2025 FDD · Item 19 · PDF p. 36
    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.

    Pearce Bespoke vs Plato’s Closet: common questions

    Which costs less to open, Pearce Bespoke or Plato’s Closet?
    Pearce Bespoke: $42,919 – $128,320 (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 Pearce Bespoke. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Pearce Bespoke or Plato’s Closet?
    Pearce Bespoke: 48 (2025 FDD · Item 20 · PDF p. 36); 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 Pearce Bespoke and Plato’s Closet disclose financial performance (Item 19)?
    Pearce Bespoke has reviewed Item 19 figures for 3 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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