Hock Shop vs Uptown Cheapskate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hock Shop vs Uptown Cheapskate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

Hock Shop Franchise
Uptown Cheapskate Franchise
Investment $165,000$301,579 - $491,579
Franchise Fee $25,000 - $50,000$25,000
Royalty Fee -5%
Advertising Fee -0.5%
Year Founded 19832008
Year Franchised 19932008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --

Business Experience Requirements

Hock Shop Franchise
Uptown Cheapskate Franchise
Experience --

Financing Options

Hock Shop Franchise
Uptown Cheapskate Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

Hock Shop Franchise
Uptown Cheapskate Franchise
Training - On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing store
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Number of Employees Required to Run: 5 - 9

Expansion Plans

Hock Shop Franchise
Uptown Cheapskate Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Hock Shop

Demand for quality used products escalates as Canadian consumers demand greater purchasing value and embrace recycling. This key marketing advantage is unaffected by the economy. Cash services through PayDay advance and cheque cashing add to the bottom line. We truly are the "garage sale with a guarantee" - the Evolution of Retail.

We are pleased to announce that customers who are in the local area can now shop and pay for their items online and select the option to pick up at your local store using curb side pickup.

You can now request an invoice be emailed to you. Simply call the store and let us know what you would like to pick up. An email link will take you to our secure website for payment. Payment can be made by credit or debit credit cards.

We can now invoice you for loan payments, retail sales & layaways. Items can be picked up curb side, or shipped to your door - please call the store once payment is made. We will be happy to load your items into your vehicle.

About Uptown Cheapskate

Searching for a subsidence safe business? Do you appreciate a fun in vogue retail environment? Does owning your own particular resale dress boutique energize you? At that point Uptown Cheapskate may be an immaculate fit! Uptown gives an energizing retail opportunity in the resale business, focusing on clients ages 14 to 25. The Uptown approach makes an upscale look and feel while giving an extraordinary support of its clients with name mark previously owned garments and frill.

Owning an Uptown Cheapskate establishment gives you an ensured geographic range with support in the accompanying zones:

Site Selection/Lease Negotiation: With more than 20 years of rent arrangement encounter this is a claim to fame we offer you to arrange a positive rent.

Start-Up: An accomplished delegate from the corporate office will help you with business arranging, acquiring an advance, form out, and will even turn out to your area and help you amid your Grand Opening end of the week!

Preparing: Training is held for 11 days at the corporate preparing focus in Salt Lake City. Other new store proprietors will go to too so you're not the only one as far as you can tell.

PC IT Support: IT bolster work force are accessible to help you with framework set up and any issues that tag along the way.

This business is not for everybody, keeping in mind we are focused on giving first rate administration and making things basic for you we likewise need you to realize that it won't be simple! In any case, for the perfect individual owning an Uptown Cheapskate establishment can be profoundly fulfilling.

Seeking new franchise units throughout the U.S., Australia/New Zealand, Canada, Central America, Eastern and Western Europe  Mexico and South America.

Veteran Incentives  20% off franchise fee

#354 in Franchise 500 for 2020.
#117 in Franchise 500 for 2021.
Uptown Cheapskate has ranked 8 years in a row on the Franchise 500 list.