Uptown Cheapskate - Franchise


Quick Summary

Founded in 2009, Uptown Cheapskate’s upscale resale franchise model has grown rapidly to more than 45 locations in 17 states. Not only do our stores look more like the mall than your typical thrift store, they run using sophisticated technology and big business operational expertise. Interested?

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Uptown Cheapskate
Business Cost, Fees & Facts for 2024

Minimum Cash Required $50,000
Net Worth Required $70,000
Financing Assistance None
Year Founded 2008
# of Existing Units 6

Available In These States:

We are currently accepting inquiries in ALL States
  • Overview

Overview

Uptown Cheapskate - Franchise

 
The average American buys 68 items of clothing in a year — and most of those items simply don’t get worn enough! That’s where we come in.  At Uptown Cheapskate, our franchise stores buy and sell thousands of gently used items a month, giving back to the community while providing a great income for our store owners.
 
Founded in 2009, Uptown Cheapskate’s upscale resale franchise model has grown rapidly to more than 45 locations in 17 states.  Not only do our stores look more like the mall than your typical thrift store, they run using sophisticated technology and big business operational expertise. Interested?
 
REASON 1: UNPARALLELED BRANDING
 
Our marketing is as upscale as our store experience. The in-house marketing team creates original materials that are not just effective, but stylish and uniquely Uptown. With custom designs for each marketing need, it’s like having a free ad agency at your fingertips. As an owner, you’ll experience results-driven marketing to reach your target market, a strong brand loyalty, and a beautifully designed store that exudes style — just like our customers.
 
Results-driven Marketing
 
No stock images for us. From social media, web and email marketing to in-store graphics, public relations and car wraps, our marketing materials are uniquely designed to speak to our savvy shoppers. And if marketing just isn’t your thing, you can subscribe to our marketing service where for a small fee, our marketing department will schedule your marketing emails, update your website and social media pages, have your in-store materials shipped to you and send you detailed coupon and email effectiveness reports monthly.
 
Beautifully-designed stores
 
From the moment customers walk through our doors, they’re exposed to the upbeat, urban style of Uptown Cheapskate. Our stores are specifically designed to promote a high-fashion yet friendly atmosphere. From our modern fixtures and lighting to our upscale signage and displays, we believe in creating an extraordinary brand experience.
 

REASON 2: PROPRIETARY TECH
 
Not everyone can evaluate and accurately price thousands of different clothing brands. The good news? We can. Our user-friendly appraisal software and reporting systems help owners make wise and consistent buying and pricing decisions as well as access important sales information in real time.
 
Inventory Management and Appraisal Program (IMAP)
 
Consistency in pricing and customer service are critical components of running a successful resale franchise. Our proprietary IMAP system is like the Kelley Blue Book® for like-new clothes, footwear, and accessories.  Using IMAP, our owners are able to obtain gross margins of nearly 68% on the clothing they purchase. With its’ easy-to-use interface and built-in brand and pricing structure, even a novice can function like an expert.
 
Real-time reports
 
With our cloud-based reporting system, franchise owners can easily receive sales reports in real time. These reports can be accessed remotely, allowing store owners to effectively manage multiple stores simultaneously.  From our portal, owners can also access training resources and marketing support.
 
REASON 3: PROVEN SYSTEMS
 
Our robust management tools and extensive training are effective, comprehensive, and streamlined. We’ve combined the best practices of our top stores into a complete store management package. The result? Easier multi-store management, improved staff training and engagement, and dramatically improved operations.
 
Management Tools We provide a series of management guides to help owners set clear expectations, measure and report goals, and provide employees with opportunities to succeed. - See more at:
 
Staff Training
 
Providing an exceptional customer experience, from our product selection to our buying process, is the biggest priority of our brand.  That’s why we have a full library of training videos, simulations, quizzes, and fashion updates to help all Uptown employees and owners.

 

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