Uptown Cheapskate

Description

Upscale young adult resale store specializing in clothing, shoes, and accessories.

Background

Year Established: 2008
Year First Franchised: 2008
Franchised Units: 1-10
Actual number of units: 7
Company Owned Units: 1
Projected New Units (12 months): 12

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: Yes

Notes:

States/Countries Registered In: ALL US and Canada and European Union
Availability in Canada: Single/Multiple Unit(s) and Masters/Area Developer
States, from which Broker Referrals ARE being accepted: ALL

 

Financial / Terms

Cash Investment: $80,000
Minimum Investment: $228,900
Minimum Net Worth: $200,000
Franchise Fee: $25,000

Royalty: 5%
Ad: 4%
Average # of Employees: 5-8
Passive Ownership Allowed: Yes
Earnings Claims: No

Notes:

Total Investment: $228,900-$336,000

Royalty: 5% of gross sales

Ad: 4% of gross sales

 

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: Yes
Resales: No

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: Canada and European Union
Single Unit Availability Outside U.S.: Yes
Multiple Unit Availability Outside U.S.: Yes
Area Development or Master Avail.: Yes
Cash Investment: 150,000
Total Investment: 300,000

Notes:

Single Unit Availability: Yes, Canada
Multiple Unit Availability: Yes, Canada
Area Development or Master Availability: Yes

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes

Notes:

2 weeks in Salt Lake City and it is very hands on and in depth. Will be attending with other Uptown Cheapskate owners and it is held 4 times a year. Dates and times will vary.

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474