Cash Converters vs Uptown Cheapskate Franchise Comparison

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

Start-Up Costs and Fees
 
Cash Converters Franchise
Uptown Cheapskate Franchise
Investment $160,000 - $300,000$301,579 - $491,579
Franchise Fee $50,000$25,000
Royalty Fee -5%
Advertising Fee -0.5%
Year Founded 19952008
Year Franchised -2008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Cash Converters Franchise
Uptown Cheapskate Franchise
Experience --

Financing Options
 
Cash Converters 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
 
Cash Converters 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
 
Cash Converters Franchise
Uptown Cheapskate Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Cash Converters

Cash Converters is a unique and exciting international retail concept. What began in Perth Australia in 1984 is today a dynamic international franchise group with over 500 stores worldwide. Cash Converters specializes in the buying and selling of quality second-hand goods - jewelry, TVs, stereos, tools, electrical goods, etc. Bright, well-merchandised stores with trained, uniformed staff service the customers who receive cash for their goods when they sell and a 30-day warranty on products when they buy. People have been trading goods for hundreds and hundreds of years. The primal instinct to exchange one thing for something else probably pre-dates written history. It's an instinct that drives bargain hunters to garage sales and auction lovers to on-line sites.
The desire to strike a deal, to barter or to think you have obtained something for virtually nothing is the reason Cash Converters came into existence.

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

"Entrepreneur
#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.