Own an Uptown Cheapskate Franchise
A Unique Investment Opportunity
If you’re exploring great franchises to invest in, Uptown Cheapskate offers a chance to combine style, sustainability, and profit. Our secondhand clothing franchise is thriving thanks to a proven business model and a rapidly growing resale industry. With strong performance and recession-resistant fundamentals, Uptown is a smart, long-term investment for motivated entrepreneurs.
We’re looking for driven individuals across the country who want to transform the fashion industry with an innovative business model defined by its affordability and impact.
Project Costs
With more than 150 successful stores in operation, our team knows what it takes to launch a thriving thrift store franchise. From site selection to store design and training, we offer hands-on support at every step.
Upfront Costs
- Initial Investment: $328K - $597K (Midpoint: $462K)
- Franchise Fee: $25K
Royalties & Marketing Fund
- Royalty Fee: 5.0%
- Marketing Fund: 0.5%
Financial Requirements
- Minimum Liquid Capital: $100K+
- Minimum Net Worth: $200K+
These costs make Uptown Cheapskate one of the most accessible and highest returning retail franchise opportunities on the market for qualified candidates.
Return on Investment
Average Gross Sales
Average Net Income
Top Quartile Gross Sales
Top Quartile Net Income
Uptown Cheapskate stores create lasting value in their local communities and support a strong return profile for franchisees. With territories available in most markets, there’s room to grow into multi-unit ownership and build your own thriving secondhand clothing franchise network.
Financing Support
Our franchise team is here to help you every step of the way with financing. We’ll work with you on your business plan, connect you with trusted banking partners, and guide you through the loan process. Many franchisees use SBA loans to get started, making it easier to invest in a franchise with confidence.
Booming Industry Backdrop
Uptown Cheapskate is part of the >$50BN clothing resale industry, which is one of the fastest-growing areas in retail. The secondhand apparel market in the U.S. has consistently grown at >10% a year, and thrift store franchises like Uptown are well-positioned to keep that momentum going.
Even when the economy slows down, resale shopping tends to pick up. That staying power makes Uptown Cheapskate one of the best franchises to invest in for durable, long-term success.
Resale Industry Stats
- The U.S. secondhand apparel market is forecasted to grow to >$70BN by 2029.
- Resale has grown 5x faster than the overall apparel sector & typically thrives in challenging economic conditions.
- Thrifting is especially popular with Millennials and Gen Z consumers.
- Shopping resale helps conserve resources and supports the environment.
Frequently Asked Questions
How much does it typically cost to open an Uptown Cheapskate store?
The total Uptown Cheapskate franchise cost usually ranges from $328,002 to $596,502, with a midpoint of around $462,252. Exact costs depend on factors like location, store size, and buildout details.
How much can I expect to earn as an Uptown franchisee?
Based on our 2025 Franchise Disclosure Document (FDD), the average Uptown Cheapskate brings in $1.3MM in sales and $188K in net income. Top-performing stores average $1.9MM in sales and $354K in net income, showing the strong earning potential of our upsacle secondhand clothing franchise.
How quickly do stores typically achieve profitability?
Most stores see profitability within 12 to 18 months, with market dynamics and owner involvement two key considerations.
How do franchisees typically fund their investment?
Many owners use SBA loans or similar financing options to cover 80% or more of their startup costs. Our team helps you through every step, from creating a business plan to securing financing for your used clothing store franchise.
What are the personal financial requirements to open an Uptown store?
Franchise candidates should have a minimum net worth of $200K and at least $100K in liquid capital.
Is there an opportunity to open multiple stores?
Absolutely. Many of our franchisees operate multiple locations, expanding into adjacent or new markets as they grow.
How big is the secondhand apparel industry?
The U.S. secondhand apparel market is worth over $50 billion and is projected to grow by about 9% annually through 2029. It’s a strong space for anyone looking to invest in a franchise with durable and growing consumer demand.
*Store financial metrics, including sales, profitability, and development costs, are per the 2025 Uptown Cheapskate Franchise Disclosure Document (FDD)
Let’s Get Started!
Ready to open a retail store that makes an impact ? Get in touch with our team to learn more about the Uptown Cheapskate franchise cost, available territories, and how to start your franchise thrift store today.