Uptown Cheapskate
1. Franchise Snapshot
Why this franchise?
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Franchise Status
Basic Information
Video
In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.
2. Franchise Overview
Overview
Uptown Cheapskate is revolutionizing the $39 billion resale clothing industry. With more than 110 locations nationwide and over 30 additional stores under development, Uptown Cheapskate is the fastest-growing clothing resale brand in the United States. By providing unbeatable value and assortment, a beautifully designed boutique shopping experience, and a strong commitment to environmental sustainability, Uptown Cheapskate is poised to thrive for years to come. Uptown Cheapskate is the antidote to the horrible practices of the fast-fashion economy. Their franchise owners buy gently used clothing from their customers, and give those items a second life by selling them at a significantly reduced price. The quality of what they accept is highly rigid and automatized through their proprietary software to ensure quality. Their customers love the savings – and they also love that they’re saving the environment at the same time.
Management team / founders
As a franchise opportunity, Uptown Cheapskate has no equal. Founded by the visionary leadership team who made Kid to Kid a national resale clothing franchise with more than 100 locations throughout the country, Uptown Cheapskate knows exactly how to empower entrepreneurs to own thriving businesses that make a difference. “Uptown Cheapskate exists to bring affordable styles to the masses,” says Scott Sloan, Uptown Cheapskate Co-Founder. “We’re a mainstream alternative to resale. We appeal to a wider customer base than a lot of our competitors not just because of our value and assortment, but also because we focus on an upscale experience that doesn’t feel like resale. We have been rapidly growing since our inception in 2008, and are poised to add hundreds of locations in the years to come.
Focus of owner for daily business operations
As a Uptown Cheapskate franchisee, the main facets of the business entail: 1. Establishing and overseeing in-store operations; 2. Promoting local marketing efforts within the community; 3. Review of financials; 4. Hiring and managing in-store employees
3. Performance & Metrics
Franchisor Fees | Item 6
Total Investment Cost | Item 7
Outlets and Franchisee Information | Item 20
Franchise Health Metrics
1 year / 3 years
1 year / 3 years
1 year / 3 years
Franchise Health Metrics
