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Uptown Cheapskate Franchise Opportunity

See States, USA & CAN
Minimum Investment

$100,000

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Established

2008

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Franchise Units

143

payments

Minimum Investment

$100,000

payments

Franchise Fee

Inquire

payments

Total Investment Range

$596,000

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Home Based

No

Description

Discover a high-potential resale fashion franchise that combines purpose and profit by turning sustainable fashion into a thriving business. With eco-conscious consumer habits on the rise, this proven model empowers franchise owners to tap into the booming resale industry with a stylish, community-driven approach. Backed by robust training, innovative point-of-sale and inventory technology, and a strong brand identity, franchisees are well-positioned for long-term success in the circular economy.

Offering a low-cost entry point and high demand across demographics, this fashion-forward franchise provides a fresh take on resale retail—perfect for entrepreneurs passionate about sustainability, style, and smart business. With protected territories available nationwide, now is the ideal time to launch your own store and grow with one of the fastest-growing brands in the resale space.


Background

Established: 2008
First Unit Franchised: 2009
Franchised Units: 143
Company Owned Units: 14
States Registered In: All
Canada Franchises: Yes
International Franchises: No


Support Training

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: Uptown Cheapskate store owners go through a rigorous one-week training in Salt Lake City, UT that includes: business planning, marketing, inventory management, operations, bookkeeping, and administration.

  • 30 hours of online training
  • 4 days of classroom and in-store training at the corporate office in Salt Lake City, UT.
  • 5 day internship at one of our finest Uptown Cheapskate stores
  • Ongoing training monthly and yearly through phone, web, and on-site


Ideal Candidate

A big part of the franchisee's day to day responsibilities is people management. Hiring, training, and managing their retail staff is a big part of the success of the business. Outside of that there will be marketing and advertising responsibilities, buying and selling merchandise in the beginning stages of ownership, managing inventory, looking at reports to learn how to better run the operations, and interacting with customers.

IDEAL CANDIDATE: Our ideal candidate loves working with people and is typically outgoing. He or she is very good at people management, highly organized, and prioritizes well. He or she can roll up their sleeves and work hard in the beginning stages of this business, and then over time, with expertise and experience, he or she can build a flexible lifestyle and more of a semi-absentee management of the store.


Financial Detail

Cash Investment: $100,000-125,000
Total Investment: $328K - $596K
Minimum Net Worth: $200,000
Franchise Fee: $25,000
Royalty: 5%
Average Number of Employees: 10-15
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: Yes, after 1st year
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes, $5,000 discount on franchise fee




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