Uptown Cheapskate
We operate Uptown Cheapskate stores that buy and sell new and gently used teen and junior clothing, shoes, and related accessories. Our stores serve high school and college-aged customers who want stylish, affordable apparel and a convenient place to refresh their wardrobe. We source much of our inventory locally by purchasing items directly from customers in our communities, rather than relying primarily on consignment. Our business is a retail resale model, with stores focused on merchandising, buying, and selling products that fit current fashion trends. We support each store with help in site selection, store design, marketing, purchasing, sales, and day-to-day operating systems.
Your franchise match score
Clothing & Accessories
Brand highlights
- CEOScott R. Sloan II
- Headquarters39 East Eagle Ridge Drive, North Salt Lake, UT, 84054
- Year founded2009
- Year started franchising2008
- IndustryClothing & Accessories
- Locations open85 (+27 last three years)
Statistics & metrics
- Investment range$309,779 - $501,579
- Franchise fee$25,000
- RoyaltyFor 1 store: 5% of gross sales For 2* or more stores: 4.5% of gross sales
- Brand fund.5% of gross sales
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Clothing & Accessories industry:
Retail franchises in clothing and accessories offer the chance to tap into the ever-evolving world of fashion. This sector appeals to those with a keen eye for style and a passion for customer service.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-04-01
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Uptown Cheapskate, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Uptown Cheapskate's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Uptown Cheapskate, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Uptown Cheapskate franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Uptown Cheapskate provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 85 |
| Franchise locations | 79 |
| Corporate locations | 6 |
System growth over time
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