FranchiseVerdict
Uptown Cheapskate logo
FV-02856·STRONGExcellent100

Uptown Cheapskate

Business Services - Printing & SignsFranchising since 2022Website
Investment
$328K – $597K
93rd pct Printing & Si…
Avg revenue
$1.3M
50th pct Printing & Si…
Royalty
5.0%
3rd pct Printing & Si…
Units
143
87th pct Printing & Si…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $328K – $597K including a $25K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $1.3M/year (median $1.3M). Estimated payback in 2.5 years.
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 175 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Uptown Cheapskate Franchise System, LLC
Parent company
BaseCamp Franchising, LLC
Incorporated in
Delaware
HQ
39 E. Eagle Ridge Drive, #100, North Salt Lake, Utah 84054
Auditor
Citrin Cooperman & Company, LLP
Audited financials
Franchisor revenue
$13.6M
vs $15.5M prior year
⚠ Going-concern note
Disclosed in FDD 2025
Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Uptown Cheapskate unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,278,688
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $328K–$597K
Working capital
$
FDD reports $40K–$68K

Unlevered ROIC · per unit

24%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$121K
EBITDA margin
9.5%
Total invested
$516K
Payback
51 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Uptown Cheapskate units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$639K

on $3.2M purchase

Total debt

$2.6M

SBA $1.6M + senior + seller note

Overview

About

Uptown Cheapskate is a secondhand/consignment retail franchise operating physical storefronts that buy, sell, and consign used clothing, accessories, and home goods. Franchisees manage inventory acquisition, store operations, customer service, and local marketing while leveraging the brand's supply chain relationships and operational systems to maximize margins on resale merchandise.

CEO
Zachary Gordon and Tyler Gordon
Founded
2022
FDD year
2025
States available
25

Item 7 · what it costs

The Vitals

Total investment
$328K – $597K
All-in to open one unit
Liquid capital
$40K – $68K
Cash you must have on hand
Franchise fee
$25K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
0.5%
typical 3–5%
Total fee load
5.5%
vs 9–13% typical
Payback period
2.5 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.3M
Per unit, per year
Median gross sales
$1.3M
Item 19 type
Annualized Average, Median and Range of Profit and Loss
Sample size
121 units
vs category median 42 · large
Range (low → high)
$392K$3.1M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank50th
vs Business Services - Printing & Signs peers
Investment cost rank93th
Lower investment ranks lower (better)
Royalty rate rank3th
Lower royalty = lower percentile (better)
Unit count rank87th
vs Business Services - Printing & Signs peers
Risk score rank13th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
143
Opened
14
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
14
Corporate units in the system
% franchised
90%
vs corporate-owned
Net growth (yr3)
+11.2%
Net unit change last year
3-yr CAGR
+30.3%
Compounded over last 3 years
2023
129+14
Franchised units
2024
116
Franchised units
2025
99
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 22 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 22 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
175
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

44
Risk · 0-100
STRONG44 / 100

Moderate-to-caution risk profile: litigation history indicating support gaps and earnings claim issues, combined with high capital requirements relative to average profitability, warrant careful validation of current support systems and franchisee satisfaction.

Score breakdown · what drove the 44 / 100 rating

  1. 01HIGH2014-2015 litigation alleging unlawful earnings claims and inadequate franchisee support, resulting in $186,750 liability judgment against franchisor
  2. 02MINORFranchisor failed in fiduciary duty to advise franchisee on lease negotiations, indicating potential systemic support gaps
  3. 03MINOR11.2% YoY unit growth is modest for a 143-unit system; insufficient data on unit profitability consistency across portfolio
  4. 04MINORHigh investment-to-net-income ratio: $328K-$596.5K initial cost against $188K average net income suggests 1.7-3.2 year payback period with execution risk
  5. 05MINORNo Item 19 financial performance representation provided; averages may mask significant variation in franchisee outcomes

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Circular area
Protected territory
Yes
Initial term
10 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Utah

Item 11

Training & Operations

Classroom training
46 hrs
On-the-job training
55 hrs
POS system
Baseline
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

100 numbers

Locked
(719) 203-••••
CO
(864) 383-••••
SC
(208) 215-••••
ID

One-time purchase · CSV download · Validation questions included

FDD download

Uptown Cheapskate · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above