Hot Listing
Uptown Cheapskate Open and running
Business Description
Resale
Turnkey Uptown Cheapskate Franchise – Excellent Growth Opportunity
Take advantage of the opportunity to own a newly established Uptown Cheapskate franchise in Vernal, Utah. This modern resale retail concept offers customers a unique buy-sell-trade experience featuring trendy, name-brand clothing, shoes, and accessories in a market with no direct competitors offering the same business model.
The store is truly turnkey, operating from a professionally designed leased retail space with a $75,000 custom buildout completed in November 2024. The sale also includes approximately $100,000 in furniture, fixtures, equipment, point-of-sale systems, cabinetry, and retail displays, allowing a new owner to begin operations immediately without the expense of building a new location.
As one of the newest retailers in the area, the business is still building brand awareness, creating exceptional upside for a motivated owner. Continued local marketing, community involvement, and the growing popularity of sustainable fashion position the store for strong long-term growth. With no direct local competition and increasing customer awareness, there is significant opportunity to expand both the buying and selling customer base.
The new owner will benefit from Uptown Cheapskate's proven franchise system, including required one-week franchise training and ongoing operational support from an experienced franchise team. The current owner is also willing to provide transition assistance and hands-on training to ensure a smooth ownership transfer.
This is an ideal opportunity for an owner-operator or investor looking to acquire a fully built, professionally equipped retail business with an established national brand, modern facilities, and substantial room for growth—all without the time, cost, and risk of opening a new location from the ground up.
Take advantage of the opportunity to own a newly established Uptown Cheapskate franchise in Vernal, Utah. This modern resale retail concept offers customers a unique buy-sell-trade experience featuring trendy, name-brand clothing, shoes, and accessories in a market with no direct competitors offering the same business model.
The store is truly turnkey, operating from a professionally designed leased retail space with a $75,000 custom buildout completed in November 2024. The sale also includes approximately $100,000 in furniture, fixtures, equipment, point-of-sale systems, cabinetry, and retail displays, allowing a new owner to begin operations immediately without the expense of building a new location.
As one of the newest retailers in the area, the business is still building brand awareness, creating exceptional upside for a motivated owner. Continued local marketing, community involvement, and the growing popularity of sustainable fashion position the store for strong long-term growth. With no direct local competition and increasing customer awareness, there is significant opportunity to expand both the buying and selling customer base.
The new owner will benefit from Uptown Cheapskate's proven franchise system, including required one-week franchise training and ongoing operational support from an experienced franchise team. The current owner is also willing to provide transition assistance and hands-on training to ensure a smooth ownership transfer.
This is an ideal opportunity for an owner-operator or investor looking to acquire a fully built, professionally equipped retail business with an established national brand, modern facilities, and substantial room for growth—all without the time, cost, and risk of opening a new location from the ground up.
About the Business
- Years in Operation
- 2
- Employees
- 13 Part-time
- Franchise
- This business is an established franchise
- Facilities & Assets
- The business operates from a leased retail space with a premium, professionally completed buildout finished in November 2024. The buildout represents an investment of approximately $75,000 and includes a modern retail layout designed specifically for Uptown Cheapskate's operating standards.
The sale includes approximately $100,000 in furniture, fixtures, and equipment (FF&E), including:
Retail display fixtures and hanging racks
Custom cabinetry and checkout counters
Point-of-sale computers and technology
Shelving, displays, and other store fixtures
Office equipment and backroom furnishings
The store is fully equipped and operational, allowing a new owner to step into a turnkey business without the expense or delay of a new buildout. The facility is in excellent condition, with all major improvements completed recently. - Website
- Show Website URL
- Market Outlook / Competition
- Uptown Cheapskate Vernal occupies a unique position in the local market, with no direct competitors offering the same combination of trendy, name-brand resale clothing and a convenient buy-sell-trade model. The store provides a shopping experience that is distinct from traditional thrift stores and conventional retail clothing outlets.
Because the location opened recently, there is significant opportunity for continued growth as brand awareness increases throughout the Uintah Basin. Ongoing local marketing, community engagement, and word-of-mouth continue to introduce new customers to the concept, creating substantial potential to expand both the buying and selling customer base. A new owner will have the advantage of building on an established foundation while capitalizing on a market that is still developing awareness of the Uptown Cheapskate brand. - Opportunities for Growth
- As a newly established business, Uptown Cheapskate Vernal is still in the early stages of building brand recognition within the community. This presents a significant opportunity for a new owner to capitalize on continued growth as awareness increases through ongoing marketing, community involvement, and customer referrals.
There is substantial potential to expand both the customer base and inventory as more local residents become familiar with the buy-sell-trade concept. With consistent marketing efforts and active community engagement, the business is well-positioned for increased sales and long-term growth. A new owner can build upon the strong foundation already in place while benefiting from a market that continues to mature.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,500
- Rent
- $6,750 per month
About the Sale
- Seller Motivation
- life changes/ other interests
- Transition Support
- A smooth transition is a priority. The seller is willing to provide transition assistance and additional training, with the amount of support being negotiable based on the buyer's needs.
As part of the franchise system, the new owner will complete required franchise training, which includes a comprehensive one-week onboarding program covering operations, systems, and best practices. In addition, the franchisor provides ongoing support through an experienced operations team dedicated to helping franchisees grow and succeed.
The current owner is also happy to provide hands-on training during the transition period to ensure the new owner feels confident operating the business and serving the local market. - Financing Options
- Seller financing available for qualified buyer
Listing Info
- ID
- 2468768
- Listing Views
- 1539
Business Location
Listing ID: 2468768 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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