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Uptown Cheapskate

Uptown Cheapskate is a unique and successful retail […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2008
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $376,936
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 5%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Uptown Cheapskate Franchise: A Sustainable and Affordable Retail Opportunity

Uptown Cheapskate is a unique and successful retail concept that offers gently used, fashionable clothing and accessories at affordable prices. Founded in 2008 in Salt Lake City, Utah, Uptown Cheapskate has grown to over 75 locations across the United States. This family-owned business is a leader in the resale fashion industry, providing a sustainable and ethical way to shop.

Why Choose Uptown Cheapskate?

If you're looking for a franchise opportunity that makes a difference, Uptown Cheapskate is a great option. Here are some key reasons why:

  • Sustainability: Uptown Cheapskate promotes responsible fashion by keeping clothes out of landfills and reducing the environmental impact of the fashion industry.
  • Affordability: Customers can find stylish clothing and accessories at prices much lower than traditional retail stores.
  • Community Impact: Uptown Cheapskate supports school-building initiatives in developing countries through bi-annual sales. Franchisees are also encouraged to support local charities.
  • Strong Business Model: Uptown Cheapskate has a proven track record of success. The franchise model is easy to manage, scalable, and sustainable.
  • Excellent Franchisee Support: Uptown Cheapskate provides comprehensive support to its franchisees, ensuring they have the resources and guidance they need to succeed.

What Makes Uptown Cheapskate a Good Investment?

Uptown Cheapskate has been recognized as a top franchise opportunity by Entrepreneur magazine's Franchise 500. The company's strong brand, financial stability, and commitment to franchisee support make it a wise investment choice.

Despite being a successful and upscale brand, Uptown Cheapskate is one of the more affordable franchises in the resale industry. This makes it an attractive opportunity for entrepreneurs with limited capital. The resale industry is expected to grow significantly in the coming years, presenting a promising future for Uptown Cheapskate franchisees.

How to Become an Uptown Cheapskate Franchisee

If you're interested in becoming a part of the Uptown Cheapskate team, here are the steps involved:

  • Financial Readiness: You'll need to have the financial resources to cover the initial investment, including franchise fees and startup costs. You should also be prepared for ongoing royalty fees, advertising fees, and potential renewal fees.
  • Location Selection: Consider your target market and choose a location that aligns with the Uptown Cheapskate brand. College campuses are a popular choice, as students are often looking for affordable and trendy fashion options.
  • Training and Support: After your application is approved, you'll go through a thorough training program to learn about the Uptown Cheapskate business model and operations. You'll also receive ongoing support from the company's experienced team.

Uptown Cheapskate offers a unique and rewarding franchise opportunity for entrepreneurs who are passionate about fashion, sustainability, and giving back to their communities. If you're looking for a business that combines financial success with social responsibility, Uptown Cheapskate could be the perfect fit.

Support & Training offered by Uptown Cheapskate

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Additional Information

Category Location N/A
Number of Units Open 122 (as of 2023)
Investment Range $376,936 - $610,986
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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