Description

If you’re a multi-unit franchisee considering selling your locations, get in touch https://www.fdcapitalgroup.com/ 

Interested in buying a franchise? Reach out here: https://www.frandawgs.com/buy-a-franchise 

Episode Summary:
In this episode of FranDawgs, Patrick sits down with Margarette and her husband Richard - franchise operators who turned their passion for resale into a thriving multi-unit Uptown Cheapskate business. They share how they went from running large independent thrift shops to building one of the top-performing portfolios in the system, with four Uptown Cheapskate stores across Oklahoma.

We dive into:

• The economics of resale vs. thrift shops (staffing, inventory sourcing, square footage).

• Why Plato’s Closet rejected them—and how that led to Uptown Cheapskate.

• How they fill 10,000 sq. ft. stores without ever running out of clothes.

• The proprietary pricing software that keeps them on-trend and profitable.

• Hiring and retaining fashion-forward staff compared to high-turnover fast food.

• Scaling from one store to four, funding growth with SBA loans and profits.

• Why Uptown Cheapskate (and sister brand Kid to Kid) are outperforming most franchise concepts today.

This is a masterclass in how to scale in the booming resale market—while also building a team and culture that lasts.

Guest(s):

• Margarette & Richard  (multi-unit Uptown Cheapskate franchisees, Oklahoma)

Host:
Patrick Buckley, founder of FranDawgs