Uptown Cheapskate
Uptown Cheapskate, LLC
Company Information
39 East Eagle Ridge Drive, #100North Salt Lake, Utah 84054
Uptown Cheapskate®, LLC is a Utah-based limited liability company. Their principal business address is 39 East Eagle Ridge Drive, #100 North Salt Lake, Utah 84054. They offered franchises for sale beginning in September 2008. Uptown Cheapskate® has no parents or predecessors but is affiliated with Kid to Kid® Franchise System, Inc., a franchise system that sells new and resale items for children.
As a franchisee, you will operate an Uptown Cheapskate® resale store at a designated location and are promised that no other Uptown Cheapskate® store will operate within at least 5 miles driving distance (as measured by Google Maps® or another mapping service we may select) of your store. You will receive assistance in market evaluation, site selection, store design, layout and fixture schemes, advertising, merchandising, purchasing and sales techniques, customer and community relations, policies and procedures, and training programs. The general market for the franchisee is retail and resale clothing and related items. The market is fairly well developed. Goods are sold primarily to high school and college-aged young adults, and sales are somewhat seasonal.
1 Ongoing Lawsuits
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Franchise Rating
Franchimp Summary Rating
4/10
Earning Transparency
7/10
Investment Accessibility
1/10
Summary of potential earnings
$1,970,466 / unit
Average Gross Profit During 2020Clothing & Accessories
$767,748 / unit
Average Revenue During 2020Clothing & Accessories
Franchise System Development
| Year | Units at Start of Year | Units Opened | Units Terminated | Non-Renewals | Re-Acquired by Franchisor | Ceased Operations | Units at End of Year |
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Distribution of Uptown Cheapskate Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $35,000 Maximum: $35,000
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $345,959 Maximum: $575,334
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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