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India’s pre-owned electronics market is booming, thanks to increased smartphone penetration, rising digital awareness, and consumer demand for affordable gadgets. Among the key players in this space, Cashify stands out as a leading re-commerce brand offering individuals a chance to tap into this lucrative industry. If you’re an aspiring entrepreneur considering opening your own gadget resale and repair outlet, understanding the cashify franchise cost is essential before making your move.

This article breaks down everything you need to know about the investment, setup, and profitability of owning a Cashify franchise in India.

What Is the Cashify Franchise Model?

Cashify operates on a unique franchise model that allows entrepreneurs to open branded retail stores under its name. These outlets offer services such as:

• Buying used smartphones and gadgets
• Selling refurbished mobile phones
• Mobile repair services
• Sale of accessories
• E-waste collection and recycling

As a franchise partner, you benefit from Cashify’s strong brand presence, operational expertise, and built-in customer base. It’s a smart choice for those who want to start a tech business with minimal risk.

Total Cashify Franchise Cost: A Detailed Breakdown

The total investment required to start a Cashify franchise ranges between ₹5 lakhs and ₹8 lakhs, depending on the location, store size, and setup requirements. Here’s a breakdown of what contributes to this cost:

1. Franchise Fee – ₹1.5 to ₹2 Lakhs

This one-time fee gives you the right to use the Cashify brand, along with initial training, onboarding, and continued support.

2. Store Setup – ₹1.5 to ₹2.5 Lakhs

This includes branding, interior design, furniture, signage, and fixtures. The outlet should ideally be between 200 to 300 square feet and located in a high-footfall area.

3. Technology and Tools – ₹1 Lakh

Cashify equips you with diagnostic devices, testing tools, point-of-sale (POS) systems, and repair kits to ensure smooth daily operations.

4. Initial Inventory – ₹50,000 to ₹1 Lakh

This covers the purchase of refurbished phones, accessories, and spare parts that you’ll need to serve customers from day one.

5. Working Capital – ₹50,000 to ₹1 Lakh

This is used for operational expenses such as staff salaries, electricity, and internet, especially during the initial months.

ROI and Earnings Potential

One of the biggest advantages of starting a Cashify outlet is the quick return on investment. Most franchisees report monthly earnings of ₹50,000 to ₹1.5 lakhs, depending on the store’s performance and location. The average break-even period ranges from 12 to 18 months.

Multiple revenue channels—including device buyback, refurbished sales, gadget repairs, and accessories—create a diversified and sustainable income stream. As the demand for affordable electronics and green solutions grows, Cashify outlets are well-positioned for long-term success.

Support and Training

Cashify ensures you’re never on your own by providing:

• Site selection and setup guidance
• Complete training for you and your staff
• Marketing and promotional materials
• Technical assistance and customer support
• Access to Cashify’s centralized inventory and pricing tools

This end-to-end support makes managing the business easier, even if you’re a first-time entrepreneur.

Why Cashify?

The refurbished electronics market in India is expected to grow exponentially in the coming years. Consumers are looking for reliable, affordable, and sustainable tech options—and Cashify delivers just that. By owning a Cashify franchise, you tap into a market that offers consistent demand, brand recognition, and future scalability.

Final Thoughts

Understanding the cashify franchise cost is key to deciding whether this opportunity is right for you. With a relatively low investment, solid support system, and growing market potential, Cashify offers one of the most attractive business models in the tech service sector.

If you’re looking to start a profitable, future-ready business with a strong brand behind you, now is the time to consider becoming a Cashify franchise partner.