India’s digital revolution has given rise to a booming market for refurbished phones, gadget repairs, and resale services. At the heart of this growing sector is Cashify, the leading recommerce platform in the country. For aspiring entrepreneurs, Cashify offers an exciting opportunity to enter this thriving industry through its franchise program. One of the most common questions among interested investors is about the cashify franchise price. In this article, we’ll break down the cost, inclusions, and benefits of owning a Cashify store.
What is a Cashify Franchise?
A Cashify franchise allows individuals to open and operate a physical store under the Cashify brand. These stores offer a range of services including smartphone buybacks, device repairs, sale of refurbished gadgets, and e-waste recycling. With more than 200 stores already operational across India, the Cashify model has proven to be both scalable and profitable.
This franchise opportunity is perfect for entrepreneurs who want to tap into India’s growing tech-savvy consumer base, especially in tier-1, tier-2, and even tier-3 cities where demand for affordable smartphones and quick repair services is on the rise.
What is the Cashify Franchise Price?
The Cashify franchise price typically falls within the range of ₹10 to ₹15 lakhs, depending on the store size and location. Here’s a detailed breakdown of the major components included in the overall investment:
1. Franchise Fee (₹2–₹3 Lakhs)
This one-time payment covers your right to operate under the Cashify brand, access to backend systems, and initial training and setup guidance.
2. Store Interiors and Branding (₹3–₹5 Lakhs)
Cashify provides standard designs for a professional and branded store experience. This cost includes fixtures, furniture, lighting, signage, and overall visual presentation.
3. Equipment and Tools (₹2 Lakhs)
You’ll be supplied with repair tools, diagnostic kits, software systems, and point-of-sale (POS) hardware essential for operating a tech retail store.
4. Initial Inventory (₹2–₹3 Lakhs)
Your franchise will be stocked with refurbished phones, mobile accessories, and spare parts, allowing you to begin operations with a full product lineup.
5. Miscellaneous Expenses (₹1–₹2 Lakhs)
This category includes legal documentation, store licensing, salaries for staff, electricity, internet setup, and contingency funds.
Space and Location Requirements
To open a Cashify store, you’ll need a space of around 200–300 square feet, preferably in a commercial area with high footfall. Locations near malls, IT hubs, electronics markets, or busy shopping streets are ideal for ensuring regular customer traffic.
Cashify helps franchise owners with location analysis and provides advice on optimal setup for maximum visibility and efficiency.
Support and Training
One of the biggest advantages of investing in a Cashify franchise is the extensive support you’ll receive:
- Complete training for you and your staff
- Access to Cashify’s inventory and logistics system
- Centralized billing and CRM platform
- National-level marketing and local promotional support
- Technical support for device repairs and software integration
- Guidance on day-to-day operations and business growth
This means you don’t need prior experience in the mobile or electronics industry. With Cashify’s guidance, even a newcomer can run a successful store.
ROI and Profit Potential
Franchise owners can expect to break even within 12–18 months of launch. Monthly revenue comes from multiple streams, including device trade-ins, repairs, refurbished sales, and accessories. As the demand for affordable electronics continues to rise, the business outlook remains strong.
Why Choose Cashify?
With rising smartphone costs, more Indians are now opting for refurbished devices or repairing their old ones rather than buying new. Cashify has established trust in this space by offering transparent pricing, certified repairs, and verified refurbished products. As a franchisee, you benefit from the company’s established customer base, national advertising, and brand credibility.
Final Thoughts
Investing in a Cashify franchise is a smart move for anyone looking to enter the tech retail space with a reputable and fast-growing brand. The Cashify franchise price is reasonable compared to similar retail opportunities, and with full support from the company, success is within reach for dedicated entrepreneurs. If you’re ready to start a future-focused business in a growing industry, now is the perfect time to apply for a Cashify franchise.
