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Uptown Cheapskate

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Retail
Fashion

Uptown Cheapskate

Uptown Cheapskate Franchise FDD, Costs & Fees (2025)

Resale fashion franchise offering trendy, gently used clothing and accessories at affordable prices, providing a sustainable and budget-friendly shopping experience.

KEY FRANCHISE STATS

Franchisees

?

129
+
30%
30%
Franchise fee

?

$25,000
Investment

?

$328,000 - $597,000
Revenue (AUV)

?

Undisclosed

$1,251,000

+
1.9%
1.9%

Uptown Cheapskate has emerged as a prominent name in the resale clothing industry, offering a unique shopping experience for young adults seeking stylish, gently used fashion. Established in 2008 in Salt Lake City, Utah, the brand has rapidly expanded its presence across the United States, now boasting over 130 locations and continuing to grow.

Franchising since 2008, Uptown Cheapskate differentiates itself through a boutique-style atmosphere that is clean, organized, and fashion-forward. Customers can find top-quality apparel and accessories at 50–70% below retail prices, attracting shoppers who might not typically frequent secondhand stores.

Beyond fashion, Uptown Cheapskate is committed to promoting sustainability by encouraging clothing reuse and helping reduce environmental waste. The brand also invests in local communities by creating jobs and supporting charitable initiatives, blending affordable style with social and environmental impact.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Franchise Fee $25,000
Travel and Lodging Expenses while Training $1,500 to $5,500
Real Estate Deposit $4,500 to $22,500
Real Estate Improvements $35,000 to $150,000
Exterior Signs and Graphics $13,500 to $18,500
Interior Signs $2,000 to $5,000
Trade Fixtures $67,500 to $94,500
Computers, Scanners, Cash Drawers, Printers, Credit Card Machines, Routers, Cables, I-Pads, etc. $18,502
BaseCamp Software Suite $15,000
Security Camera System $2,000 to $5,000
Grand Opening Promotion $20,000
Opening Inventory $70,000 to $90,000
Incorporation Documents $500 to $1,000
Loan Fees $0 to $27,000
Licenses, Permits, Utility Deposits $1,000 to $2,500
Supplies, Hangers, Misc. Expenses $12,000 to $29,000
Additional Funds [initial period] 3 months $40,000 to $67,500
TOTAL $328,002 to $596,502

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Type of Expenditure Amount
Franchise Fee $25,000
Travel and Lodging Expenses while Training $1,500 to $5,500
Real Estate Deposit $4,500 to $22,500
Real Estate Improvements $35,000 to $150,000
Exterior Signs and Graphics $13,500 to $18,500
Interior Signs $2,000 to $5,000
Trade Fixtures $67,500 to $94,500
Computers, Scanners, Cash Drawers, Printers, Credit Card Machines, Routers, Cables, I-Pads, etc. $18,502
BaseCamp Software Suite $15,000
Security Camera System $2,000 to $5,000
Grand Opening Promotion $20,000
Opening Inventory $70,000 to $90,000
Incorporation Documents $500 to $1,000
Loan Fees $0 to $27,000
Licenses, Permits, Utility Deposits $1,000 to $2,500
Supplies, Hangers, Misc. Expenses $12,000 to $29,000
Additional Funds [initial period] 3 months $40,000 to $67,500
TOTAL $328,002 to $596,502

Franchise Disclosure Document

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Number of units

Training

Uptown Cheapskate provides a comprehensive training program designed to equip new franchisees and their staff with the skills necessary to successfully operate their stores. The training programs offered by the franchisor are as follows:

  1. Initial Training Program
    Franchisees and one additional team member are required to attend a six-day training session before purchasing inventory or opening the store. This training is typically conducted at the corporate office in North Salt Lake, Utah, and includes classroom instruction, hands-on practice, and use of Uptown Cheapskate’s proprietary systems such as the Baseline point-of-sale system, IMAP, and QuickBooks.
  2. Internship Requirement
    Following the initial training, the designated store manager must complete a five-day (40-hour) internship at an approved Uptown Cheapskate store. This practical component ensures trainees apply their knowledge in a real retail setting and gain experience in store flow, inventory handling, customer service, and management practices.
  3. Advanced Franchisee Training
    Existing franchisees or renewing franchisees may be required to attend a five-day “Advanced Franchisee Training.” This session, if held, covers more in-depth topics and helps reinforce best practices. Although there is no fee for attending, participants are responsible for travel and other personal expenses.

Territory Protection

Uptown Cheapskate offers its franchisees a limited form of territory protection. Franchisees receive a “Protected Area,” defined as a five-mile driving radius around their approved store location.

Within this area, the franchisor agrees not to allow another Uptown Cheapskate franchise or company-owned store to operate. However, this protection is not absolute. The franchisee may still face competition from other channels of distribution or brands under the franchisor’s control.

Furthermore, if the franchisee does not open their store within 18 months of signing the agreement, Uptown Cheapskate reserves the right to reduce or eliminate the Protected Area or even terminate the franchise agreement altogether.

Competitors

Below are some of

Uptown Cheapskate

key competitors in the

Fashion

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Upgrade
Gross Profit
Upgrade
EBITDA
Upgrade

129

New
+
30%
30%

$25,000

$328,000

$597,000

n.a.

$1,251,000

$xxx,xxx

63.0%

xx%

n.a.

14.7%

xx%

n.a.

Competitors

Flip Flop Shops

Flip Flop Shops is a retail-footwear franchise offering branded flip flops, sandals, and casual shoes, serving shoppers who embrace a relaxed, beach-inspired lifestyle, and known for curated assortments, fun coastal-themed stores, and a “Free Your Toes” ethos.

Franchisees

?

47
+
-16%
-16%
Investment

?

$183,000 - $349,000
Retail
Fashion

SEASON 2

SEASON 2 is a retail consignment franchise offering authenticated pre-owned luxury handbags, shoes, and accessories, serving fashion-conscious shoppers and resale entrepreneurs, and known for curated boutiques, sustainability-focused resale, and support for franchisees entering the upscale consignment market.

Franchisees

?

8
+
n.a.
n.a.
Investment

?

$189,000 - $276,000
Retail
Fashion

The Closet Trading Company

The Closet Trading Company is a resale boutique franchise offering consigned contemporary and luxury fashion, serving style-conscious, value- and sustainability-minded shoppers, and known for curated designer inventory, elevated boutique atmospheres, and promoting sustainable fashion through high-end secondhand clothing and accessories.

Franchisees

?

4
+
300%
300%
Investment

?

$137,000 - $350,000
Retail
Fashion

Monkee's

Monkee's is a women's boutique retail franchise offering curated apparel, shoes, and accessories, serving fashion-forward shoppers in upscale neighborhoods, and known for its small-store feel, personalized service, and locally owned boutiques supported by a broader Southern-inspired brand.

Franchisees

?

57
+
58%
58%
Investment

?

$297,000 - $535,000
Retail
Fashion

Blue Collar Workwear

Blue Collar Workwear is a retail-franchise offering work clothing, footwear and accessories for blue-collar professions, serving tradespeople and work-wear shoppers, and known for private-label merchandise, rugged brand identity and annual unit revenues around $1.1 million.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$115,000 - $461,000
Retail
Fashion

Indy Clover

Indy Clover is a boutique fashion franchise offering women’s apparel, accessories, and gift items, serving style-conscious shoppers, and known for curated collections, seasonal drops, and boutique shopping experience.

Franchisees

?

9
+
350%
350%
Investment

?

$159,000 - $216,000
Retail
Fashion

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