Cash Investment (Liquid): $75,000

Minimum Investment: $301,579

Maximum Investment: $491,579

Minimum Net Worth: $200,000

Franchise Fee: $25,000

Royalty Type: Flat Percentage Fee


Royalty Fee Structure:

1 Store: 5% of gross sales

2 or more Stores: 4.5% of gross sales

Ad Fee Structure:

Minimum 5% Spend (Gross Sales)
0.05% Marketing Fund

Business Type
  • Retail 

B2B/B2C

  • B2C

Discounts:
NA

Average # of Employees:

7

Participation Type:

  • Owner-Operator

Background

  • Year Established: 2008

  • Year First Franchised: 2009

Uptown Cheapskate
WHO ARE WE?

Uptown Cheapskate is an apparel fashion exchange targeting young adults and juniors. Our stores are upbeat with attitude and personality. Uptown Cheapskate empowers individuals to express themselves using name brand fashions and modern style, without the typical retail price tag. We offer an upscale resale shopping experience that is a cut above the competition opening the door to more people to sell and shop second-hand.

Why US?

The proprietary buying software provides incredible range and depth in buying, pricing (excellent margins), and managing the best brand-name products, which provides a differential advantage. The look and feel of our upscale stores, coupled with our commitment to the customer experience, is unmatched in the industry.

Support

10 day training at corporate office & 5 day internship with successful owner, full-scale marketing department, IT support, on-site grand opening support, yearly visit, Annual Owner’s Meeting, Regional Trainings with other owners, monthly training calls, book keeping service & marketing service optional for nominal fee. Local real estate broker to help with finding & leasing a space.

Day in the Life

Manage and operate their store. Hire, train, and oversee employees. Provide customer service and product knowledge for purchasing inventory. The owner of multiple stores will affect similar results through human resource development.

Complete this form to learn about the average revenue of this franchise!

 

 

 

 

 

Sarah Barker | SSB Consulting

Franchise Consultant  & Recruiting Specialist

Located in Boise, ID, but I work with clients in all states.

            208.724.1731

           Sarah@SSBconsulting.us

 

 

 

 

 

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