In the era of rapid smartphone upgrades and digital transformation, the demand for gadget resale, repair, and refurbishment has witnessed an exponential rise. Leading this revolution in India is Cashify, a trusted name in the recommerce space. Entrepreneurs looking to tap into this lucrative market can benefit greatly by owning a Cashify store. But before taking the plunge, it’s important to understand the complete cashify franchise cost, what it includes, and why it offers great value for aspiring business owners.
Why Cashify?
Cashify has carved a niche for itself as India’s top platform for selling old smartphones, buying refurbished devices, and getting quick gadget repairs. Its eco-friendly approach to e-waste disposal and strong brand recognition make it a preferred choice for consumers and franchise partners alike.
With over 200+ outlets across India, the company continues to expand aggressively, especially in tier-2 and tier-3 cities. This rapid growth presents a fantastic opportunity for individuals interested in launching a tech-based business that’s both profitable and future-ready.
Understanding the Cashify Franchise Cost
Starting a Cashify franchise is surprisingly affordable compared to other tech or retail businesses. The Cashify franchise cost generally ranges between ₹10 lakhs to ₹15 lakhs, depending on the location, store size, and initial inventory. Here’s a breakdown of the key components of this investment:
1. Franchise Fee – ₹2 to ₹3 Lakhs
This is a one-time payment that grants you the license to operate under the Cashify brand. It includes access to their tech systems, operational training, and brand support.
2. Store Setup and Interiors – ₹3 to ₹5 Lakhs
This includes everything from store branding and interior design to furniture, fixtures, lighting, and display units. Cashify ensures a consistent, premium in-store experience across all locations.
3. Repair Tools and Technology – ₹2 Lakhs
You’ll be equipped with high-end tools for diagnostics, mobile phone repairs, POS systems, and testing kits.
4. Inventory – ₹2 to ₹3 Lakhs
This covers an initial stock of refurbished phones, accessories, and spare parts to get your store operational right from day one.
5. Miscellaneous Costs – ₹1 to ₹2 Lakhs
This includes licensing, employee salaries, initial marketing expenses, utility deposits, and contingency funds.
Space Requirements
The ideal size for a Cashify franchise store is around 200–300 sq. ft. The location should be in a high-traffic commercial area—think markets, malls, or near tech hubs. Store visibility plays a big role in footfall, so choosing the right location is key to maximizing your return on investment.
What’s Included in the Franchise Package?
Cashify offers an end-to-end franchise solution, meaning you won’t be left to figure things out on your own. The franchise package includes:
- Full store branding and setup
- Staff training and operational guidance
- Inventory management system
- Marketing support (both digital and physical)
- Customer service and technical troubleshooting support
- Centralized logistics and supply chain
This level of support makes the business highly accessible even for those without prior experience in mobile repairs or retail.
Earning Potential and ROI
Franchise owners can expect to break even within 12 to 18 months, depending on foot traffic and sales performance. Revenue streams include smartphone buybacks, certified repairs, refurbished sales, accessories, and extended warranties. As the market continues to grow, so will your earning potential.
Why Invest Now?
India’s second-hand smartphone market is expected to grow rapidly in the coming years, driven by rising costs of new devices and increased awareness of environmental sustainability. By joining the Cashify franchise, you’re not only investing in a business, but also in a solution that meets modern consumer needs.
Conclusion
The Cashify franchise cost offers tremendous value when you consider the brand’s popularity, diverse revenue streams, and full operational support. Whether you’re a first-time entrepreneur or a seasoned investor, this opportunity provides a low-risk, high-reward entry into India’s booming recommerce industry. Now is the perfect time to take the leap and become part of the Cashify success story.
