Uptown Cheapskate Business Opportunity

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Uptown Cheapskate

Uptown Cheapskate is making thrift shopping an upscale experience in franchise locations across the country.  Check out the resale clothing store that Inc. Magazine, Forbes, and the BBC are talking about.

What We Do

The Uptown Cheapskate franchise offers shoppers an upscale experience while shopping for new and gently used, name brand clothing and accessories. Unlike typical consignment, Uptown Cheapskate pays their customers cash or offer in-store credit for gently used items and resells them at up to 70 percent less than found in traditional retail. This is recycling at its best as tens of thousands of items find new homes while helping communities stretch their budgets on fashionable apparel and accessories.  

About Us

In 2009, the first Uptown Cheapskate opened its doors for business and since then, the franchise has grown to over 40 stores nationwide. As a family-run, closely knit franchise, we believe giving each and every franchise owner personalized support.

As a trademark brand of BaseCamp Franchising, Uptown Cheapskate brings the latest technologies and tools to an industry that’s been experiencing major growth in the past decade. By providing a proprietary buying software and inventory management system, robust employee training, branded marketing and cloud-based reporting tools, we give our franchisees the tools they need to manage stores efficiently and effectively. With more than 20 years of industry experience, we stand behind the mantra that YOUR success is OUR success.

Why own an Uptown Cheapskate

Join a franchise that is recognized as one of the best in the country. Uptown Cheapskate offers incredible growth opportunities and excellent returns in the growing fashion resale industry. Uptown Cheapskate is a recognized resale brand that offers franchisees a proven system for success.

Reasons to own an Uptown Cheapskate:

1. Proven Systems
Our robust management tools and extensive training are effective, comprehensive, and streamlined. We’ve combined the best practices of our top stores into a complete store management package making for easier multi-store management, improved staff training and engagement, and dramatically improved operations.

2. Results-driven Marketing
From social media, web and email marketing to in-store graphics, public relations and car wraps, our upscale marketing materials are uniquely designed to speak to our shoppers. Our marketing stays current with today’s trends in design, social media and more.

3. Beautifully-designed Stores
Just because we sell second-hand merchandise doesn’t mean our stores look second-rate. Our stores are designed to promote a fun and friendly atmosphere. From our modern fixtures and lighting to our upscale signage and displays, we believe in creating an extraordinary brand experience.

4. Inventory Management and Appraisal Program (IMAP)
To take the guesswork out of brand valuation, Basecamp Franchising created a proprietary buying software dubbed IMAP (Inventory Management and Appraisal Program). IMAP suggests the price based upon inventory and condition so people from all walks of life and various fashion backgrounds can correctly price an item for sale in the store.

5. Real-time Reporting
With our cloud-based reports, franchise owners can efficiently manage inventory levels, product costs and pricing. These tools can also be accessed remotely, paving the way for store owners to manage multiple stores simultaneously.

6. Extensive Training
New Uptown Cheapskate owners complete a 12-day training program, followed by a 5 day internship. Ongoing training is also available for owners and staff through our online training portals, support calls, site visits, regional conferences, and our annual owner’s conference.

7. Territory Availability
The flexibility to put stores in the best locations in a market is a huge advantage as you consider joining a franchise. Because we are a growing franchise, there are several great locations available in most areas for an Uptown Cheapskate store. This is especially important if you are looking at owning multiple stores over time to increase your market share or simply make more money. You’ll receive demographic analysis, area mapping, and site selection assistance from our headquarters to help you choose the location that is right for you.

8. Continuous Support
From site selection and store set up to grand opening and growing profits, you’ll have continuous support every step of the way. Based in Salt Lake City, Utah, our dedicated team offers computer, operational, marketing and financial support. Plus, our support representatives visit each store at least once a year to offer guidance and support where needed for success. Our owners also build and maintain strong friendships and mentorships with other store owners. 

Financial Requirements

The total investment needed to open a Uptown Cheapskate store is $212,000 to $384,500 with liquid assets or cash in the amount of $75,000, net worth between $250,000 to $275,000.

Get Started

Take the first step in becoming an Uptown Cheapskate owner today.

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Detailed Information

Capital Required
$212,000 - $384,500
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Liquid Capital
$75,000

Financing Assistance
Available Via Third Party

Training and Support
Available

 

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