Question 1

How much does it cost to open a Uptown Cheapskate franchise?

Accepted Answer

The total initial investment for a Uptown Cheapskate franchise ranges from $328K to $597K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Uptown Cheapskate franchise fee?

Accepted Answer

The initial franchise fee for Uptown Cheapskate is $25K.

Question 3

What are the net worth requirements for a Uptown Cheapskate franchise?

Accepted Answer

Net worth requirements for Uptown Cheapskate are specified in the Franchise Disclosure Document.

Question 4

Does Uptown Cheapskate require a personal guarantee?

Accepted Answer

Yes, Uptown Cheapskate requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Uptown Cheapskate franchise?

Accepted Answer

Equipment costs for a Uptown Cheapskate franchise range from $88K to $118K. Initial inventory costs range from $70K to $90K.