UPTOWN CHEAPSKATE

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.

129
Locations
$328K–$597K
Investment
Since 2008
Franchising
RetailNorth Salt Lake, UTBaseCamp Franchising, LLCwww.uptowncheapskatefranchise.comDisclaimer

Franchise Costs


Franchise Fee
$25,000
Item 5 of FDD
Initial Investment Range
$328,002 $596,502
Low: $328,002High: $596,502
Item 7 of FDD
Royalty Rate
5.00%
of gross sales
Brand Fund
0.50%
Item 6 of FDD
Fixed Monthly Fees
$350 – $575
Item 6 of FDD

5% royalty + 0.5% marketing fund + $350/mo computer support + $225/mo bookkeeping (first year required)

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
EBITDA Margin
0%
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0
Average Net Income
$0
Average EBITDA
$0

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


FranchiseInvestmentFeeRoyaltyLocations
UPTOWN CHEAPSKATE
Current
$328K – $597K$25K5.0%129
MERLE NORMAN COSMETICS$48K – $260KN/AN/A797
CORNWELL$80K – $324KN/AN/A793
BATTERIES PLUS$263K – $497K$45K5.0%604
PET SUPPLIES PLUS$537K – $2.0M$50K3.0%502
WILD BIRDS UNLIMITED$227K – $379K$40K4.0%340
Specialty Retail Average
46 franchises
$285K – $708K$38K5.0%

* 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

Top States
1TX
31
2GA
15
3OH
9
4VA
8
5MD
8
6CA
6
7UT
6
8FL
6
9MO
5
10OK
5
11MI
4
12AZ
4
13ID
3
14NC
3
15SC
3

+11 more states

SBA Loan History


Historical SBA 7(a) loan data for UPTOWN CHEAPSKATE franchisees (20112025)

Total Loans
103
Average Loan
$414,189
Total Volume
$42.7M
Default Rate
2.9%

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.

NameSBA 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)

Franchisee Cases1

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)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
4
Sold to Franchisees
0
Projected New
30

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.

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