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In the ever-evolving tech ecosystem, one market that continues to thrive is the second-hand smartphone and gadget segment. With people frequently upgrading their devices and becoming more environmentally conscious, the demand for phone recycling, repairs, and resale is growing fast. Leading this wave in India is Cashify, a trusted name in gadget buybacks and refurbishment. If you’re thinking of becoming a part of this success story, understanding the cashify franchise price is crucial before getting started.
Why Choose a Cashify Franchise?
Before diving into the pricing details, it’s essential to understand what makes the Cashify business model so appealing. The brand offers multiple services under one roof, including old phone buybacks, repairs, refurbished device sales, and e-waste recycling. This allows franchise owners to earn from various revenue streams, making the venture both scalable and sustainable.
With more than 200 physical stores across India and growing, Cashify’s franchise model has proven effective in tier-1, tier-2, and even tier-3 cities. Whether you are a seasoned entrepreneur or a first-time investor, this franchise opportunity offers the right mix of brand support and local autonomy.
What is the Cashify Franchise Price?
The Cashify franchise price refers to the total initial investment required to set up and run a Cashify store. This cost includes the franchise fee, infrastructure, branding, inventory, and working capital. Here’s a breakdown:
- Franchise Fee: ₹2 to ₹3 lakhs
This one-time fee gives you the right to operate under the Cashify brand and receive full support from the company. - Store Setup and Interiors: ₹3 to ₹5 lakhs
This includes shop interiors, branding materials, furniture, and display counters tailored to Cashify’s standards. - Tools and Equipment: ₹2 lakhs
You’ll receive essential repair tools, testing equipment, and a billing system. - Initial Inventory: ₹2 to ₹3 lakhs
Stock includes refurbished phones, accessories, and spare parts. - Miscellaneous Costs: ₹1 to ₹2 lakhs
This covers licenses, store staff salaries, internet, utilities, and insurance.
Total Estimated Investment: ₹10 to ₹15 lakhs
The final cost may vary slightly based on your city and store size, but it remains highly competitive compared to other tech or retail franchises.
What’s Included in the Franchise Package?
The Cashify franchise model is designed to ensure that partners have all the tools necessary for success. Here’s what you get:
- Comprehensive staff training
- Operational and software support
- Centralized inventory management
- Digital marketing and advertising support
- Store branding and launch assistance
- Access to Cashify’s app and web-based platform
Location and Space Requirements
To set up a Cashify franchise, you need a retail space of around 200 to 300 sq. ft. Ideally, this should be located in a high-footfall area such as shopping streets, electronics markets, or near colleges and tech hubs. A visible and easily accessible store can significantly improve walk-in traffic and sales.
Earning Potential and ROI
The average payback period for a Cashify franchise is between 12 to 18 months. With multiple income streams including device repair, buyback, and refurbished sales, franchisees enjoy consistent revenue. As digital device usage continues to grow, the demand for affordable services like Cashify offers is only going to increase.
Final Thoughts
The Cashify franchise offers an exciting, future-ready business opportunity with a modest startup cost and strong returns. Whether you’re interested in tech, sustainability, or just want a reliable income source, this franchise can deliver excellent results with the right effort and strategy.
By investing in a Cashify outlet, you’re not just starting a business—you’re joining a brand that stands for trust, transparency, and technology. If you’re ready to step into a booming market with full brand support and minimal risk, now is the perfect time to explore this opportunity.
