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India’s smartphone and electronics market is evolving rapidly, with millions of users seeking convenient options for device resale, repairs, and upgrades. As the demand for affordable and eco-friendly tech services continues to rise, joining a reliable brand like Cashify can be a game-changing move for aspiring entrepreneurs. One of the most frequently asked questions by potential partners is about the cashify franchise cost, and in this article, we’ll break it down in detail.
Understanding the Cashify Business Model
Cashify is a leading platform in India that allows users to sell old phones, get repairs, buy refurbished gadgets, and recycle electronic waste. It combines e-commerce with physical stores, offering franchise opportunities to individuals who want to tap into the ever-growing market of used and refurbished smartphones.
With strong brand recognition, strategic partnerships, and a customer-first approach, Cashify’s franchise model has become one of the most attractive business ventures in the tech industry. It’s a low-risk, high-reward opportunity for those interested in the electronics service space.
How Much Does a Cashify Franchise Cost?
The Cashify franchise cost is relatively affordable when compared to other technology retail ventures. Here’s a detailed breakdown of the expenses you can expect:
- Franchise Fee: ₹2 to ₹3 lakhs (one-time payment to the company for using the brand name and receiving support).
- Interior Setup & Branding: ₹3 to ₹5 lakhs (includes furnishings, branding, and display setups).
- Equipment & Tools: ₹2 lakhs (for diagnostic devices, repair kits, and billing systems).
- Initial Inventory: ₹2 to ₹3 lakhs (includes accessories, refurbished phones, and repair parts).
- Miscellaneous Expenses: ₹1 to ₹2 lakhs (licenses, employee salaries, insurance, etc.).
Total Estimated Cost: ₹10 to ₹15 lakhs
This investment amount may vary slightly based on your location, store size, and local costs, but it remains within the same general range.
What’s Included in the Franchise Package?
When you invest in a Cashify franchise, you’re not just paying for a name — you’re receiving a complete business setup. The package generally includes:
- Full interior and branding guidelines
- Access to Cashify’s POS system and customer management tools
- Training for store staff and owners
- Marketing support and promotional material
- Inventory and product sourcing support
- Repair and buyback services integration
The company ensures that franchisees are well-equipped to operate successfully from day one.
Ideal Space and Location
A retail space of around 200 to 300 sq. ft. is ideal for setting up a Cashify store. It’s important to choose a location with high footfall such as marketplaces, malls, or busy streets where there is a strong demand for phone services and refurbished gadgets. Being visible and accessible can significantly impact your sales and customer base.
Return on Investment (ROI)
Cashify franchise owners can expect a decent return on investment within 12 to 18 months, depending on the store’s performance, location, and local market conditions. With multiple revenue streams including device resale, repairs, accessories, and recycling, franchisees enjoy steady income throughout the year.
Advantages of Investing in a Cashify Franchise
- Brand Trust: Customers trust Cashify for its transparency and fast service.
- Low Operational Costs: Once the store is set up, day-to-day expenses are manageable.
- Company Support: From marketing to technical training, the franchisee is never alone.
- Eco-Friendly Business: You contribute to environmental sustainability through device recycling and e-waste disposal.
Conclusion
If you’re planning to start a business in the electronics and smartphone segment, understanding the Cashify franchise cost is the first step toward building a profitable future. The low investment requirement, coupled with strong brand support and a growing customer base, makes it a smart choice for entrepreneurs in 2025.
Take advantage of this emerging opportunity and build a business that not only earns well but also contributes to a more sustainable future in the tech industry. Would you like help calculating expected monthly profits for your store location?
