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 fee + $225/mo bookkeeping fee (required first year, optional extension)
Financial Performance
Item 19 Financial Performance
Data Based On: Data for 115 franchised units operating from November 1, 2024 through October 31, 2025.
* Average EBITDA calculated from Average Net Income ($227,359) divided by Average Gross Sales ($1,405,704). Net Income (10) is defined as 'Income before interest, taxes, depreciation, amortization, and owner's compensation' (Note 10 on Page 3), which matches the definition of EBITDA. Profit range (low and high) is taken directly from the 'Net Income (10)' range provided in the 'FRANCHISED LOCATIONS: GROUP AVERAGE' table (Page 3).
Extracted Item 19 Section
How UPTOWN CHEAPSKATE Compares
Key Insights
- Higher investment than 79% of Specialty Retail franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
UPTOWN CHEAPSKATE Current | $364K – $682K | $35K | 5.0% | N/A |
| 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 47 franchises | $283K – $702K | $39K | 5.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 47 Specialty Retail franchises by location count.
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
163 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 |
163 Contacts Available
Unlock all UPTOWN CHEAPSKATE franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
One arbitration claim by franchisee against predecessor franchisor alleging unlawful earnings claims and poor support; arbitrator ruled franchisor entitled to terminate agreement but awarded $186,750 in damages to franchisee.
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 $364,015 to $682,215. This includes a franchise fee of $35,000. Ongoing royalty fees are 5.0% of gross sales.
Download UPTOWN CHEAPSKATE FDD
Complete Franchise Disclosure Document — 2026 filing.
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- Revenue data, fees, investment breakdowns
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Download UPTOWN CHEAPSKATE FDD
Complete Franchise Disclosure Document — 2026 filing.
Best Value — Save with Full Access
- Access the full database of 1,700+ franchise FDDs
- Franchisee names, phone numbers & locations
- Revenue data, fees, investment breakdowns
- SBA loan history & default rates
- Litigation, bankruptcy & due diligence data
- Pay once, access everything forever
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