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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.
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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
Avg. Revenue: $1,405,704
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Unlock financial performance dataUPTOWN CHEAPSKATE Franchise Analysis
Resale retail rarely posts numbers that rival big-box chains, yet Uptown Cheapskate's FDD drops a bombshell in Item 19 with revenue disclosures that demand a double-take for its modest footprint. A single arbitration claim shadows the picture, where a franchisee scored damages over support lapses and earnings claims. Does this buy-sell model for teen fashion truly cash in, or is the thrill more sizzle than steak?
Startup hits $364,015-$682,215 per Item 7, including $35,000 franchise fee, with ongoing 5% royalties, 0.5% ad fund, plus $350/month computer and $225/month bookkeeping fees (mandatory year one). Item 19 shines: average gross revenue $1,405,704, median $1,312,089 across 74 locations, but EBITDA margin sits at 0% with estimated profits swinging wildly from -$79,045 to $1,076,696—highlighting high variance where top performers thrive on seasonal teen buying sprees (back-to-school, spring) while laggards bleed. SBA data bolsters confidence: 103 loans averaging $414,189, default rate just 2.9%, signaling franchisees finance and repay reliably despite retail risks.
System health shows momentum with 76 projected new units versus 74 current, franchising since 2008 under BaseCamp Franchising. No massive contraction, but that one litigation note in Item 3—an arbitrator siding partly with a franchisee on predecessor issues—flags potential ops hiccups in merchandising or support. For resale investors eyeing young adult apparel, the revenue punch offers upside if you nail location and inventory turnover, but zero median margins scream execute-or-bust in this discount-driven niche.
Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How UPTOWN CHEAPSKATE Compares
Key Insights
- Higher investment than 77% of Specialty Retail franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
UPTOWN CHEAPSKATE Current | $364K – $682K | $35K | 5.0% | 74 |
| MERLE NORMAN COSMETICS | $48K – $260K | N/A | N/A | 797 |
| CORNWELL | $80K – $324K | N/A | N/A | 793 |
| BATTERIES PLUS | $285K – $537K | $50K | 5.0% | 601 |
| PET SUPPLIES PLUS | $537K – $2.0M | $50K | 3.0% | 502 |
| WILD BIRDS UNLIMITED | $227K – $379K | $40K | 4.0% | 340 |
Specialty Retail Average 47 franchises | $285K – $704K | $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.
103 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
163 franchisee contacts on file from official FDD filings.
163 Contacts Available
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Unlock contactsDue 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
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Unlock due diligence reportsFrequently 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.
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