Uptown Cheapskate vs Hut no. 8 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Uptown Cheapskate vs Hut no. 8 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Uptown Cheapskate Franchise
Hut no. 8 Franchise
Investment $301,579 - $491,579$91,700 - $201,900
Franchise Fee $25,000$15,000
Royalty Fee 5%$360/mo.
Advertising Fee 0.5%-
Year Founded 20082007
Year Franchised 20082009
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Uptown Cheapskate Franchise
Hut no. 8 Franchise
Experience --

Financing Options
 
Uptown Cheapskate Franchise
Hut no. 8 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
 
Uptown Cheapskate Franchise
Hut no. 8 Franchise
Training On-The-Job Training: 40 hours Classroom Training: 88 hours Additional Training: At existing store You will visit our headquarters and main store in Florida, and will train in both a classroom environment, and then by serving customers alongside us. We will teach you EVERYTHING in one week from purchasing to accounting and from customer service to marketing, and more. When you are ready to open your Hut no. 8 store you will also have one of our representatives on-site to do refresher training, to assist you in serving your customers, and to help with your store set-up. *QuickBooks Pro *Store Setup *Computer Setup, configuration, and initial problem diagnosis *Customer Service *Point Of Sale Training *Purchasing Inventory *Pricing Inventory for Resale *Business Expansion & Idea Building
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
 
Uptown Cheapskate Franchise
Hut no. 8 Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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.





About Hut no. 8

Hut no. 8 offers the benefits of being part of a large chain without that whopping great price tag, and with some flexibility as to how you will run your own business. Goin' Postal Franchise Corporation has a proven track record of building successful franchisees with great branding, but at a fraction of the price of everyone else. How? We have franchisees start their business the way we start businesses; by starting off right with the necessary investment, but then letting the income from the business build it up further.
 
Hut no. 8 offers
- Full turn-key operations
- Fantastic Branding
- Combined chain-wide buying power
- In-depth corporate training Industry leading technical support
- The best marketing ROI of ANY franchise system, large or small.
 
Thank you for your interest in joining the Hut no. 8 family! As a nationwide network of proactive, positive, and enthusiastic entrepreneurs, our franchisees are on the path to making their financial goals a reality, and we hope that you will join them and us to share in our mutual success.