Uptown Cheapskate

Upscale young adult resale store specializing in clothing, shoes, and accessories.

Background

Year Established: 2008
Year First Franchised: 2008
Franchised Units: 7
Company Owned Units: 1
Projected New Units (12 months): 12
States/Countries Registered In: ALL US and Canada and European Union
Availability in Canada: Single/Multiple Unit(s) and Masters/Area Developer

Financial/Terms

Cash Investment: $70k+
Total Investment: $228,900-$336,000
Minimum Net Worth: $250,000
Franchise Fee: $25,000
Discounts: VetFran, Women, Minorities? No
VetFran Program Participant: No
Royalty: 5% of gross sales
Ad: 4% of gross sales
Average # of Employees: 5-7
Passive Ownership Allowed: Yes
Earnings Claims: No

International Expansion:
International Opportunities: Yes
Countries, outside of United States, where the concept is currently available or plans to expand: Canada and European Union
Single Unit Availability: Yes, Canada
Multiple Unit Availability: Yes, Canada
Area Development or Master Availability: Yes
Cash Investment: $150K+
Total Investment: $300K+

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