Uptown Cheapskate

Uptown Cheapskate

Franzy VerifiedInformation based on 2026 FDD

Retail · Clothing & Fashion

Investment min
$364K
Total: $364K–$682K
Avg gross revenue
$1.406M
Unit-level, 2026
Franchise fee
$35K
Veteran discount available
Royalty
5.0% of Gross Sales
Locations
162
Franchising since 2009

Description

What is Uptown Cheapskate?

Uptown Cheapskate is a thriving retail franchise that is revolutionizing the secondhand clothing industry. Uptown offers a unique shopping experience by combining high-quality, name-brand clothing and accessories with unbeatable prices, creating an upscale yet budget-friendly atmosphere that appeals to both value-orient and style-conscious consumers. It’s the kind of shopping experience that keeps people coming back again and again.

Every Uptown operates on a buy-sell-trade model, offering customers the opportunity to sell their gently used clothing for cash or store credit. On the other side of the counter, shoppers can access an organized, curated collection of high-quality inventory, all up to 70% off original retail. What's more, while most thrift stores feel cluttered and outdated, Uptown stores are as much known for their vibrancy as their value. As one customer put it, “First time I have been in the store and absolutely WOW!”

As a franchise, Uptown Cheapskate prioritizes franchisee success (return on capital) and satisfaction (return on brain damage) above all else. Uptown is committed to continuously improving its systems and support, including the franchise's industry-leading software platform, which powers every transaction in stores.

Uptown's aim is not only to become the defining concept in thrift, but more broadly to leave customers asking "why would I ever shop full price again?". The franchise is looking for hands-on, high-integrity operators who have a desire to not only build an enduringly profitable business, but also be a part of a brand that is synonymous with high-quality operations and positive community impact.

  • Resale fashion for teens
  • Gen Z value shoppers
  • Buy-sell youth apparel
  • Thrift-oriented sustainability focus
  • College town positioning

Location Analysis

Where Uptown Cheapskate wins

Uptown Cheapskate's footprint is concentrated in the Southeast, Mid-Atlantic, Texas/South Central, and Mountain West, with notable strength in Utah, the brand's origin market. Top states include Texas, Utah, Virginia, North Carolina, and Georgia. Clustering patterns emphasize suburban retail corridors within mid-to-large metro areas, often near universities, high schools, and family-heavy neighborhoods that support both seller inventory supply and buyer traffic. The brand clusters stores in Sun Belt and Southeast growth markets and co-develops with sister brand Kid to Kid, sharing resale supply networks around the Salt Lake City home market. The business model aligns with demographics including teens, college students, young adults, Gen Z and younger millennials, sustainability-minded shoppers, and middle-income families seeking brand-name apparel at discount prices. Location requirements call for inline or endcap retail space in established shopping centers with strong visibility, parking, dedicated intake and sorting areas, and convenient drive-up access for customers bringing inventory to sell. Specific square footage and buildout standards are detailed in the FDD but not disclosed publicly. Prospective franchisees should conduct territory-level market validation to confirm adequate seller supply, buyer density, and competitive positioning before committing to a site.
Total Locations
162
Franchise units
162
Corporate locations
0
Avg. sq. footage
5000

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Financial Analysis

The numbers behind Uptown Cheapskate

Avg gross revenue$1,405,704
Investment range$364,015 – $682,215
Investment midpoint$523,115
Brand fundMarketing Fund: 0.5% of Gross Sales
Royalty5.0% of Gross Sales
Franchise fee$35,000
Min. net worth$200,000
Min. liquid capital$100,000

Veteran discount available

Uptown Cheapskate participates in a veteran discount program on the franchise fee. Ask your Franzy advisor or the brand for current eligibility and terms.

Uptown Cheapskate requires an initial investment between $364,015 and $682,215, with a flat franchise fee of $35,000. This positions the brand in the mid-tier retail franchise category, reflecting the need for retail buildout, point-of-sale systems, and inventory acquisition infrastructure. The brand has grown to 162 units since its 2008 founding, indicating steady franchisee adoption within the resale clothing segment. Reported gross revenue of $1,405,704 per location provides a scale reference, but cannot be interpreted as evidence of profitability without corresponding data on cost of goods, labor, occupancy, and franchisor fees. The business model—buying secondhand inventory on-site and reselling at margin—introduces operational complexity around inventory curation, merchandising skill, and local supply dynamics. Scalability depends on maintaining a consistent flow of quality sellers and fashion-conscious buyers, which may vary significantly by trade area. Prospective franchisees should model working capital for inventory float, staffing for intake and sorting functions, and the risk that seller supply or buyer traffic falls short of projections. The franchise's maturity and unit count suggest a developed support infrastructure, but candidate-level due diligence on unit-level economics, same-store sales trends, and Item 19 disclosures remains essential.
Did you know? Uptown Cheapskate is a clothing and fashion resale franchise founded in 2008. The total initial investment ranges from $364,015 to $682,215, with a franchise fee of $35,000. The brand has grown to 162 units and reported average gross revenue of $1,405,704 per location.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

The model

How Uptown Cheapskate works

01
Ownership
Part-Time (Executive)

Owner stays in an executive role — sets strategy, hires a manager, and oversees crews. Typically 5–20 hr/wk after ramp; many keep their day job.

Full-Time

Owner runs the business as their primary job — leads the team day-to-day on the ground, 40+ hr/wk.

02
Revenue
Recurring revenueTransaction-basedBig-ticket salesService-basedProduct sales (retail)Hybrid model
03
Customer
B2B

Sells to businesses, contractors, or property owners.

B2C

Sells directly to consumers and homeowners.

Mixed

Serves both businesses and consumers.

FDD Item 7

Initial investment range

$364K–$682K
Most common
$364,015
Minimum
$523,115
Midpoint
$682,215
Maximum

The investment range midpoint (from range reported on Item 7) is $523,115 and financing can reduce cash-at-close by 80–90%.

FDD Item 19

Average gross sales

Avg
$1.3M
YOY change (2024 -> 2026)
+15%

According to Item 19 of the Franchise Disclosure Document, Uptown Cheapskate has an average gross revenue of $1.4M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+26% YoY
162 units open as of 2026 FDD+33 in last 12 mo

2026 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Uptown Cheapskate's 2026 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2026 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Uptown Cheapskate franchise typically ranges between $364,015.00 and $682,215.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) we have on record, which was issued in 2026. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Uptown Cheapskate
Uptown Cheapskate
$1.406M avg revenue · 162+ US franchises

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