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Investment Information

Investing in an Uptown Cheapskate Franchise

Uptown Cheapskate has a franchise fee of $25,000 which is included in the inital costs to open Uptown Cheapskate retail clothing franchise. According to our 2015 franchise disclosure document (FDD)—the latest financial information available, start up costs will range between $234,500.00 and $394,000.00, To assist you in getting off on the right foot, our team is on-hand every step of the way to guide you to the best resources for funding and store build out.

Initial Costs ‚Äč

Low

High

Initial Franchise Fee

$25K

$25K

Travel & Living Expenses while Training

$2K

$7K

Real Estate Deposit & Improvements

$10K

$80K

Exterior & Interior Signage

$12K

$18K

Fixtures (Racks, Displays, Counter, etc.)

$50K

$80K

Computer System Hardware & Software

$20K

$20K

Security System

$5K

$7K

Grand Opening Advertising Promotion

$20K

$20K

Opening Inventory

$48K

$65K

Incorporation Docs

$500

$1K

Loan Fees

$1K

$5K

Licenses, Permits, Utility Deposits

$1K

$3K

Supplies, Misc. Expenses

$5K

$8K

Additional Funds/Working Capital

$35K

$55K

Total

$234,500

$394,000

Hear What Our Owners Have to Say

How Much Can you Expect to Make?

Your success as an Uptown Cheapskate franchisee is as important to us as it is to you. Have you thought about what success looks like for you, your family, and your business? We invite you to discuss your financial needs and goals with our team and to review the financial performance contained in the Item 19 of our 2016 FDD.

Store Performance

Sales

Net Profit

high range of all stores

$1,436,535

$326,525

top quartile average –25% of stores

$979,314

$160,232

second quartile average – 25% of stores

$737,909

$128,406

*Figures reflect quartile performance as per the 2016 FDD Item 19. These figures are based on unaudited results from November 2014-October 2015. The financial performance representation contained in Item 19 also includes averages for the other quartiles based on 39 Uptown Cheapskate stores that operated during that period. Results differ widely from the represented performance. You should review the full Item 19 Financial Performance along with your professional advisors and legal counsel. There is no assurance that you will do as well and you must accept that risk. This franchise offering is made by prospectus only.

Invest in a Business Model with a History of Success

Since launching Uptown Cheapskate in 2009, our brand has expanded to over 50 franchise units in 17 states across the country. Our franchisees are self-motivated, entrepreneurial individuals with a passion for their communities, a shared set of values, and an aptitude for business ownership and management.

We carefully select our franchisees in order to ensure that our reputation for excellence and customer service stays consistent. When you join our family, you will be walked step-by-step through the journey of building an established franchise and following a proven business model. It’s the best of both worlds: the independence and flexibility of business ownership, with all the guesswork taken out.

Tready to own your own beautiful retail store?

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