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3 Reasons to Invest in an Uptown Cheapskate Franchise in 2020

The thriving clothing resale franchise offers entrepreneurs a big opportunity with a low-cost investment as well as powerhouse support to ensure longevity

Entrepreneurs seeking a new business opportunity this new year should look no further than Uptown Cheapskate. Founded in 2008, the premier upscale resale clothing franchise is revolutionizing the $24 billion resale clothing industry. 

With more than 75 locations in 22 states, Uptown Cheapskate focuses on giving young professionals a place to buy and sell fashionable, name-brand items. Additionally, we provide a chic and trendy customer experience, and have a commitment to giving back and environmental sustainability. For these reasons and more, Uptown Cheapskate is poised to grow for years to come. uptown cheapskate resale franchise

Here are three reasons to invest in an Uptown Cheapskate in 2020:

  1. Own a big business with a low-cost investment

Uptown Cheapskate is a world away from the resale shopping experience Americans have become accustomed to. Walk into an Uptown Cheapskate and you will find a brightly lit, highly organized store, with rack after rack full of the most fashionable name brands reduced up to 70 percent off their retail price. The best part? We are an affordable investment with our total to open a new Uptown Cheapskate franchise ranging from $302,763 to $487,763. Also, with SBA financing, you could only need to raise as little as $50,000 in liquid assets to open a store.

  1. Make an impact with an Uptown Cheapskate franchise

Uptown Cheapskate believes it takes an entire community to make a business successful. This is why we are a community-minded organization. Not only do our franchise owners deliver an unmatched resale shopping experience that provides tremendous savings on in-fashion items all year long, but we also give our customers the ability to sell their clothes back to us directly –  and for the clothes we don’t buy, we donate them on behalf of our customers. This keeps thousands of items out of landfills every week and creates a relationship that is based on giving and trust. 

  1. You’ll never be alone in business

Unlike other franchise opportunities in the resale clothing industry, Uptown Cheapskate believes in the concept of Better Together. This means our entire franchise network is transparent. Whether you have never owned a business before or have not had any prior experience in the resale clothing industry, Uptown Cheapskate has designed an industry-leading training and ongoing support platform to help you thrive in business from day one and every day after. Additionally, we have more than 40 leadership executives working on behalf of franchisees day in and day out to ensure that franchisees realize their goals and exceed them. 

Ready to start your new career as an Uptown Cheapskate franchise owner?

For in-depth details about the Uptown Cheapskate franchise opportunity, download our Free Franchise Opportunity Report. You also can learn more by visiting our research pages.