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- Founded in 2008
- Franchising Since 2008
- 116 US Franchises
- $345,959 - $575,334 Investment Range
- $1,225,707 Average Gross Revenue
- 5% Royalty Fee
- $25,000 Franchise Fee
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a Uptown Cheapskate franchise.
Get pre-qualified for financingTake our Fit Score survey to see if Uptown Cheapskate is a good match for you.
Uptown Cheapskate is a thriving retail franchise that has revolutionized the resale clothing industry since 2008. This innovative fashion resale concept offers a unique shopping experience by combining high-quality, name-brand clothing and accessories with affordable prices, creating an upscale yet budget-friendly atmosphere that appeals to style-conscious consumers.
What sets Uptown Cheapskate apart is its carefully curated inventory of contemporary and designer fashions. Unlike traditional thrift stores, each location maintains strict quality standards, accepting only current, on-trend items in excellent condition. This commitment to quality ensures customers can find premium brands and fashion-forward pieces at a fraction of retail prices.
The franchise operates on a buy-sell-trade model, offering customers the opportunity to sell their gently used clothing for cash or store credit. This sustainable business approach not only provides an eco-friendly shopping alternative but also creates a constantly rotating inventory that keeps customers coming back regularly.
Each Uptown Cheapskate store is designed to deliver a boutique shopping experience, with organized layouts, bright lighting, and helpful staff who are passionate about fashion and customer service. The business model particularly appeals to millennials and Gen Z consumers who value both sustainability and style.
As a franchise opportunity, Uptown Cheapskate provides comprehensive training, proven systems, and ongoing support to help franchise owners succeed in the growing resale market. The brand's strong reputation for quality, cleanliness, and customer service has helped it establish a loyal customer base across its locations nationwide.
How much does it cost to start a franchise with Uptown Cheapskate?
- Franchise Fee
- $25,000
- Investment Range
- $345,959 - $575,334
- Investment Midpoint
- $460,647
- Minimum Cash Required
- $345,959
- Royalty Fees
- 5%
- Brand Fund
- 0.5%
The secondhand fashion industry benefits from strong consumer trends toward sustainability and value-conscious shopping, particularly among younger demographics. The reported gross revenue of $1,225,707 substantially exceeds the sub-sector average of $669,581, though prospective investors should conduct thorough due diligence through FDD review.
Established in 2008 with 129 units, Uptown Cheapskate demonstrates solid system maturity and measured growth in the competitive retail landscape. The brand's focus on designer apparel and accessories for young adults creates a differentiated market position within the broader thrift retail category.
The business model's buy-sell-trade structure requires sophisticated inventory management and fashion merchandising expertise. Ideal investors should possess retail experience and sufficient working capital for inventory acquisition and seasonal fluctuations. The premium investment level suggests comprehensive franchisor support systems and established operational protocols.
Prospective franchisees should evaluate local market demographics, particularly concentrations of fashion-conscious consumers aged 18-35, and assess competition from both traditional thrift stores and online resale platforms. Territory rights and market protection terms warrant careful FDD analysis given the retail location-dependent nature of the business model.
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See the Revenue Potential!
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Financing Details
Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Uptown Cheapskate. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.
Why Financing with Franzy Partners?
Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.
Finance Partners
The franchise's geographic distribution reveals strategic positioning in college towns and urban areas with fashion-conscious, value-seeking demographics. Substantial market penetration in regions like Texas and Virginia indicates success in markets with high disposable income and strong retail spending. Notable expansion opportunities exist in the Northeast and Midwest, where the brand has limited presence despite favorable demographics.
Ideal locations typically feature proximity to shopping districts, universities, and urban centers with median household incomes between $45,000-$75,000. Success factors include locations with high foot traffic, complementary retail mix, and demographics skewing towards fashion-conscious millennials and Gen Z consumers. The concentration of units in established markets suggests benefits from regional brand recognition and operational efficiencies, making clustered expansion strategies particularly effective for new franchisees.
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Track Growth to Gauge Success!
See how this franchise is expanding over time. The net unit growth reveals the health and popularity of the brand—key indicators for a promising investment.
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Executive Team
Get to know the leadership behind Uptown Cheapskate. Learn about the experience and expertise of the executive team guiding Uptown Cheapskate's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).
Litigation
Review any legal actions or pending litigation involving Uptown Cheapskate. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).
Bankruptcy
Review Uptown Cheapskate's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).
Franchisor Assistance
Learn about Uptown Cheapskate's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).
The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. 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. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.
- Founded in 2008
- Franchising Since 2008
- 116 US Franchises
- $345,959 - $575,334 Investment Range
- $1,225,707 Average Gross Revenue
- 5% Royalty Fee
- $25,000 Franchise Fee
Use the Pre-qualification tool to see how much funding you could qualify for and see if you can affor a Uptown Cheapskate franchise.
Get pre-qualified for financingTake our Fit Score survey to see if Uptown Cheapskate is a good match for you.
