Own an established Uptown Cheapskate Resale Franchise

Tucson, AZ (Pima County)

Seller Financing Available
Own an established Uptown Cheapskate Resale Franchise

Asking Price:$200,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$145,000

Inventory:$50,000

Established:1

Own an established Uptown Cheapskate Resale Franchise

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Business Description

Turn-key operation in brand new condition

Uptown Cheapskate in Tucson is a prime opportunity to own and operate your own Uptown Cheapskate location with a new store just entering its second fiscal year of business. This location has been operating for just over one year and open for selling product since October 2014. All fixtures, paint, computers and furniture are in new condition. Staff is fully trained and aligned on the core principles that make Uptown Cheapskate successful, and it's showing in the numbers as sales have increased significantly - up 30-35% each month.

Uptown Cheapskate serves guys and girls in the 18-30's who like to dress well without spending outrageous amounts on their clothing. With combined annual clothing spending of over $200 billion, the demand is high for great-quality, affordable clothing. Uptown offers gently-used, brand-name apparel and accessories to both girls and guys at a fraction of the retail cost. With more than 50 locations and more opening every month, Uptown Cheapskate is poised as an emerging leader in the space.

Franchisees benefit from custom marketing materials, operational support, reporting tools, proprietary buying software that guides in pricing decisions, access to peers and other owners, and initial and on-going training to make it possible to run a successful business. ?The Tucson location is in a great anchor space close to Walmart, Chipotle, Starbucks, GameStop, and Sally's Beauty Supply.

Detailed Information

Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
With system average store sales close to $600,000 at a 65% gross margin, the numbers speak for themselves. Resale is a booming trend that thrives in a recession and continues to grow during times of economic growth. Uptown Cheapskate has been named on Entrepreneur Magazine's 50 best new franchises, and ranked in the Franchise 500.
Financing:
Seller financing available at a higher sales price
Support & Training:
Initial and on-going training provided by the franchise to ensure best possible sales results.
Franchise:
This business is an established franchise
Business Website:
http://www.uptowncheapskate.com/tucson

Listing Statistics for Premium Members

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Business Listed By:
David Martell

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