Quick Summary — Uptown Cheapskate

Numbers Summary

Initial Franchise Fee: $25,000
Startup Costs: $302,763 - $487,763
Revenue Range: $1,026,099 - $1,840,259
Royalty: 5%
Founded: 2009

Data Summary

What is this franchise about?

Uptown Cheapskate is a retail franchise that re-sells stylish, brand name, gently used clothing, handbags, and other accessories at an affordable price.

What does it sell — and how is money made?

  • The upscale consignment shop sells quality second-hand clothing from brands such as Nordstrom, Urban Outfitters, Michale Kors, J. Crew, Banana Republic, and more.
  • Customers not only shop at Uptown Cheapskate, but they can sell their own clothes for cash back. The store buys items based on condition, style, inventory levels, and what will sell well in the store.
  • Uptown Cheapskate typically sells to a high school and college-aged young adult demographic.

What type of entrepreneur is it perfect for?

Uptown Cheapskate is a unique business opportunity that allows entrepreneurs to give back to their community, while forming a successful business. Resale shops within the growing retail industry are popular because of their valuable, budget-friendly brand items. This franchise provides a replenishable, stable inventory to help your business grow.

Uptown Cheapskate Franchise Opportunity

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Financial Information

Initial Franchise Fee: $25,000
Additional Startup Costs: $302,763 - $487,763
Total Investment: $302,763 - $487,763

Search Criteria

Category: Shopping & Retail
Locations: AL, AZ, CA, CO, FL, GA, ID, KS, LA, MD, MI, MO, NC, NV, OH, OK, SC, TX,UT, VA, WV

Uptown Cheapskate Franchise Overview