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Building a Thrift Shop Empire - Richard & Margarette Baze
FranDawgs
1 hour 13 minutes 18 seconds
2 months ago
Building a Thrift Shop Empire - Richard & Margarette Baze
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