Uptown Cheapskate
At a Glance
Products & Services: Young adult clothing resale store
Number of Locations: 8
Total Investment: $219.2K - 336K
Founded: 2008
Began Franchising: 2008
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 7 | 0 | 0 | 1 |
| 2010 | 3 | 0 | 0 | 1 |
| 2009 | 1 | 0 | 0 | 1 |
| 2008 | 0 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $219,200 - $336,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $25,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $80,000
Operations
Number of employees needed to run franchised unit: 5 - 9. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,