Investment Information

Investment Information

Investing in an Uptown Cheapskate Franchise

Uptown Cheapskate has a franchise fee of $25,000 which is included in the initial costs to open an Uptown Cheapskate retail clothing franchise. According to our 2018 franchise disclosure document (FDD)—the latest financial information available, start-up costs will range between $259,660.00 and $443,160.00, 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

Low

High

Initial Franchise Fee

$25K

$25K

Travel & Living Expenses while Training

$2K

$7K

Real Estate Deposit & Improvements

$10K

$110K

Exterior & Interior Signage

$9K

$16K

Fixtures (Racks, Displays, Counter, etc.)

$52K

$80K

Computer System Hardware & Software

$21,160K

$21,160K

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

$60K

$75K

Total

$259,660

$443,160

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 2017 FDD.

Store Performance

Sales

Net Profit

high range of all stores

$1,779,669

$441,580

top quartile average –25% of stores

$1,107,034

$211,121

second quartile average – 25% of stores

$816,661

$138,356

*Figures reflect quartile performance as per the 2018 FDD Item 19. These figures are based on unaudited results from November 2016-October 2017. The financial performance representation contained in Item 19 also includes averages for the other quartiles based on 52 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.

a new life of freedom,
fun & friends
awaits you

Uptown offers quality branding, exceptional support, and technology to run your business like a pro! Find out how running your own store can change your life for the better.

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Be Better Than Average Resale Stores

Our franchisees have a business that feels more like a boutique than a thrift shop, allowing more people to feel comfortable shopping second-hand. Becoming a franchise owner at Uptown Cheapskate is an opportunity to follow a proven business model and gain access to a wide range of invaluable resources and support services while still maintaining the entrepreneurial spirit and lifestyle that comes with building your own a small business. It’s the best of both worlds.

Why Resale Retail?

Our unique business presents a win-win opportunity
for shoppers, sellers, and business owners!

Sweater Retail Price $129.00 Uptown Price $56.00
Shirt Retail Price $79.00 Uptown Price $15.00
Designer Dress Retail Price $240.00 Uptown Price $90.00

Are You Interested in Becoming a Franchise Owner with Our Team?

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Here's What Our Owners Have To Say

“There is never a day that is the same for better or for worse. You never know what’s coming in the door product-wise. Owning your own store and giving back is really special I think.”
Justin Crump, Uptown Cheapskate Franchisee
See More Owners Testimonials
Learn More About Uptown Cheapskate