UPTOWN CHEAPSKATE
Uptown Cheapskate franchises retail stores that purchase used merchandise outright from local customers and sell high-quality used and new brand name teen and young adult clothing and accessories at substantial discounts. The business model emphasizes customer value in the resale, consignment, and retail clothing market through a proprietary system including store design, merchandising, and operations support. It targets high school and college-aged teens and young adults with seasonal sales peaks in back-to-school and spring periods.
Franchise Costs
5% royalty + 0.5% marketing fund + $350/mo computer support + $225/mo bookkeeping (first year required)
Financial Performance
Item 19 Financial Performance
Data Based On: 121 Uptown Cheapskate stores that operated in the United States during the period of November 1, 2023 through October 31, 2024.
* Average Gross Revenue, Median Gross Revenue, Revenue Top Quartile, Revenue Bottom Quartile, Average Net Income, and the range for best_guess_profit_low/high were extracted directly from the System Average and Quartile tables. Average EBITDA is set to the 'Net Income (10)' value as Note 10 defines it as 'Income before interest, taxes, depreciation, amortization, and owner's compensation', which aligns with the definition of EBITDA. EBITDA margin was calculated as Average EBITDA / Average Gross Revenue (188356 / 1278688).
Extracted Item 19 Section
How UPTOWN CHEAPSKATE Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
UPTOWN CHEAPSKATE Current | $328K – $597K | $25K | 5.0% | 129 |
| MERLE NORMAN COSMETICS | $48K – $260K | N/A | N/A | 797 |
| CORNWELL | $80K – $324K | N/A | N/A | 793 |
| BATTERIES PLUS | $263K – $497K | $45K | 5.0% | 604 |
| PET SUPPLIES PLUS | $537K – $2.0M | $50K | 3.0% | 502 |
| WILD BIRDS UNLIMITED | $227K – $379K | $40K | 4.0% | 340 |
Specialty Retail Average 46 franchises | $285K – $708K | $38K | 5.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty Retail franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+11 more states
SBA Loan History
Historical SBA 7(a) loan data for UPTOWN CHEAPSKATE franchisees (2011 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
142 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
142 Contacts Available
Unlock all UPTOWN CHEAPSKATE franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
One arbitration by a franchisee seeking rescission of franchise agreement due to alleged unlawful earnings claims and poor support; arbitrator upheld termination but awarded partial damages for failure to advise on lease.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a UPTOWN CHEAPSKATE franchise ranges from $328,002 to $596,502. This includes a franchise fee of $25,000. Ongoing royalty fees are 5.0% of gross sales.
Unlock Full FDD Access
Download UPTOWN CHEAPSKATE's complete FDD plus 1,700+ other franchise documents — all with one plan.
Secure checkout with Stripe · Cancel anytime
Also includes FDDs for
More Retail Franchises
ACE HARDWARE
Retail
GREAT CLIPS
Retail
HEALTH MART SYSTEMS INC
Retail
DO IT BEST CORP.
Retail
Good Neighbor Pharmacy
Retail
MERLE NORMAN COSMETICS
Retail
