Uptown Cheapskate Franchise FDD, Profits & Costs
Uptown Cheapskate is a leading resale clothing franchise. It specializes in buying and selling gently used, trendy clothing and accessories for young adults. Founded in 2008 in Salt Lake City, Utah, it has grown rapidly across the U.S. Currently, Uptown Cheapskate operates over 130 stores, with more locations in development.
The franchise began franchising in 2008. It stands out with its boutique-like shopping experience. Stores are clean, organized, and stylish. Customers enjoy high-quality fashion at 50-70% off retail prices. This appeals to shoppers who may not usually choose secondhand stores.
Uptown Cheapskate also focuses on sustainability. It promotes clothing reuse to reduce waste. The franchise creates local jobs and supports communities through charitable programs. It combines affordable fashion with environmental and social responsibility.
Initial Investment
How much does it cost to start a Uptown Cheapskate franchise? It costs on average between $328,000 – $597,000 to start a Uptown Cheapskate franchised store.
This includes costs for store build-out, fixtures, initial inventory, and startup operating expenses. The exact amount varies based on factors such as the size and layout of the store, the location, and whether the franchisee opts to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Franchise Fee | $25,000 |
| Travel and Lodging Expenses while Training | $1,500 to $5,500 |
| Real Estate Deposit | $4,500 to $22,500 |
| Real Estate Improvements | $35,000 to $150,000 |
| Exterior Signs and Graphics | $13,500 to $18,500 |
| Interior Signs | $2,000 to $5,000 |
| Trade Fixtures | $67,500 to $94,500 |
| Computers, Scanners, Cash Drawers, Printers, Credit Card Machines, Routers, Cables, I-Pads, etc. | $18,502 |
| BaseCamp Software Suite | $15,000 |
| Security Camera System | $2,000 to $5,000 |
| Grand Opening Promotion | $20,000 |
| Opening Inventory | $70,000 to $90,000 |
| Incorporation Documents | $500 to $1,000 |
| Loan Fees | $0 to $27,000 |
| Licenses, Permits, Utility Deposits | $1,000 to $2,500 |
| Supplies, Hangers, Misc. Expenses | $12,000 to $29,000 |
| Additional Funds [initial period] 3 months | $40,000 to $67,500 |
| TOTAL | $328,002 to $596,502 |
Average Revenue (AUV)
How much revenue can you make with a Uptown Cheapskate franchise? A Uptown Cheapskate franchised location makes on average $1,251,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
Uptown Cheapskate Franchise Disclosure Document
Frequently Asked Questions
What are the financial requirements to become a Uptown Cheapskate franchisee?
To become a Uptown Cheapskate franchisee, you must have a minimum net worth of $400,000 and at least $150,000 in liquid capital. These requirements ensure that franchisees have the financial stability to cover initial investments and sustain operations during the startup phase.
What funding options are available for a Uptown Cheapskate franchise?
Most franchise buyers in Uptown Cheapskate’s investment range finance their unit through an SBA 7(a) loan, with some multi-unit operators using SBA 504 loans for real estate. Buyers with rollable retirement funds sometimes use a ROBS structure to reduce debt service. See SharpSheets’ financial model hub for funding guidance.
How long does it take to pay back a Uptown Cheapskate franchise investment?
Payback periods for franchises in Uptown Cheapskate’s category typically run 3-7 years, depending on investment level, location performance, and financing structure. Actual payback varies significantly by unit performance and debt service obligations.
Who owns Uptown Cheapskate?
Uptown Cheapskate franchise is owned by BaseCamp Franchising, a company specializing in resale franchise concepts. BaseCamp Franchising also owns Kid to Kid, another resale-focused brand, and is headquartered in Salt Lake City, Utah.
SharpSheets Editorial Team | sharpsheets.io | Last Updated: June 2026
Disclaimer
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Research Uptown Cheapskate franchise data: For the full FDD cost breakdown, investment tables, and Item 19 disclosures, visit FranchisePayback.com → Uptown Cheapskate FDD Review.
