Uptown Cheapskate resale franchise is a low-cost investment opportunity that is passionate about helping entrepreneurs succeed
According to USA Today, two-thirds of Americans want to be their own boss. If you’re reading this, chances are, you’re one of them. What’s stopping you? You might be surprised to learn that starting a resale clothing franchise is easier than you may think.
Founded in 2008, Uptown Cheapskate exists to help entrepreneurs thrive in a business that truly makes an impact on the communities they serve and on the environment as a whole. In fact, Uptown Cheapskate has helped dozens of entrepreneurs just like you realize their dreams of small business ownership.
Uptown Cheapskate is an affordable investment. The total investment to open a new Uptown Cheapskate franchise ranges from $302,763 to $487,763. To assist you in getting off on the right foot, our team is on-hand every step of the way to guide you to the best resources for funding and store build-out. Our success is your success, and we will be with you every step of the way to ensure that your business has the potential to thrive for decades.
“It’s a very exciting time for Uptown Cheapskate,” says Dave Martell, Director of Franchise Development with Uptown Cheapskate. “We’re growing rapidly across the nation, and there’s a ton of opportunity to expand. We want to help you reach your goals, whether that’s one store that becomes a career you can be passionate about every day, or creating an empire that’s a real income generator. The majority of our franchisees didn’t have retail experience before they joined our brand, and we have the support to help you master this business even if you don’t. We want you to love working with people and have an entrepreneurial spirit, and we can fill in the rest. This is an outstanding business opportunity that really makes sense right now.”
Owning an Uptown Cheapskate is even more accessible through financing. We will assist you in setting up a business plan for obtaining SBA guaranteed financing or another easy financing option. Uptown Cheapskate has an in-house financial adviser who helps prospects build business plans, apply for SBA loans, fill out applications, and obtain necessary financing. We also have relationships with several third-party lenders and major banks. This standing enables us to help you secure the necessary financing for your new location and storefront.
How well do Uptown Cheapskate franchise owners do in their businesses?
Our visionary leadership team has designed a business model that makes Uptown Cheapskate simple to run, quick to scale and maximizes profitability over the long term. Our world-class support ensures that our franchise owners are never alone in their businesses, and they have the resources they need to stay relevant with their communities from their first day open and every day after.
According to our 2019 Franchise Disclosure Document Item 19, our top 25% of stores in sales volume boasted average sales of $1,214,799 and an average net income of $233,291. The second 25% saw average sales of $914,387 and an average net income of $159,730. Ultimately, how well you will do in business is entirely up to you, but as our franchise owners have proven, the sky’s the limit.