Uptown Cheapskate

Who are we

What to know about Uptown Cheapskate franchise? Uptown Cheapskate® franchises the right to use its trade name and system to sell new and used teen and junior products to the public. The franchisee provides customers with the ability to buy, sell, or trade their gently-used clothing and accessories and receive cash or store credit on the spot. The franchisee’s customers enjoy a unique and exciting shopping experience in a well-organized and trendy store atmosphere. Uptown Cheapskate is looking for franchisees that are passionate about fashion, enjoy working with people, and have an entrepreneurial spirit. The franchisee provides a fun, fashion-forward shopping experience for our teen and young adult clientele while providing great value for our consignors. Uptown Cheapskate franchisees benefit from owning a franchise that is affordable to open and operate, has low inventory risk, and provides a needed service in the community. They are looking for franchisees that share our commitment to providing the highest level of customer service and want to be a part of a growing franchise system. Uptown Cheapskate is based in North Salt Lake, UT. Scroll down to learn more!How much does a Uptown Cheapskate franchise cost?Are you wondering how much is a Uptown Cheapskate franchise? Before starting a Uptown Cheapskate franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Uptown Cheapskate franchise is $309,779 and can go all the way up to $501,579. Keep in mind, you should also allocate additional funds to live off of while the Uptown Cheapskate business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Uptown Cheapskate franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Uptown Cheapskate business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Uptown Cheapskate franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.