Are you thinking about diving into the booming tech recommerce industry? If so, exploring the cashify store franchise cost can be your first step toward a profitable business. As India continues to adopt digital lifestyles and smartphones become more essential, the demand for refurbished devices, phone repairs, and buyback services is at an all-time high. Cashify, being a trusted leader in this space, offers entrepreneurs a unique opportunity to own a tech-enabled retail outlet with strong brand backing.
This article gives you a detailed overview of the costs, setup requirements, benefits, and profit potential of opening a Cashify store franchise in 2025.
Why Choose a Cashify Store Franchise?
Cashify isn’t just another tech store; it’s a pioneer in India’s recommerce space. With a presence in over 200 cities, the brand buys used phones and gadgets from customers, refurbishes them, and sells them at affordable prices. It also provides high-quality repair services, phone accessories, and device upgrades—all under one roof.
By owning a Cashify franchise, you’re tapping into a growing market that values sustainability, cost-efficiency, and trusted service.
Cashify Store Franchise Cost Breakdown
Understanding the Cashify store franchise cost is crucial before making an investment decision. The total cost typically falls between ₹15 to ₹20 lakhs, depending on your location and store size. Here’s the complete cost structure:
1. Franchise Fee
Cashify charges a one-time franchise fee ranging from ₹5 to ₹7 lakhs. This fee grants you the rights to operate under the Cashify brand and includes onboarding, training, and access to software tools.
2. Store Setup and Interiors
To meet brand standards, you’ll need to invest ₹5 to ₹8 lakhs on interiors, display shelves, branding, lighting, counters, and signage. Cashify assists with store design and layout planning to maintain a uniform customer experience across all outlets.
3. Initial Inventory
You will need to stock the store with refurbished smartphones, phone cases, chargers, and other accessories. This requires an investment of ₹3 to ₹5 lakhs. Cashify helps choose inventory based on market demand.
4. Technology and Operations Setup
This includes setting up the POS system, billing software, computers, and networking equipment. It typically costs around ₹1 to ₹2 lakhs.
5. Working Capital
It’s advisable to have ₹2 to ₹3 lakhs set aside for operational costs such as staff salaries, rent, and utilities, especially in the first few months before your business gains traction.
Space and Location Requirements
To open a Cashify store, you need a commercial space between 250 and 400 square feet. The store should ideally be in a busy area such as a market, mall, or near colleges, tech hubs, or high-footfall shopping zones. Good visibility and accessibility can significantly improve your customer base.
Training and Support from Cashify
One of the biggest advantages of partnering with Cashify is the comprehensive support system. The company provides:
- Pre-launch training for you and your staff
- Store setup guidance
- Marketing and digital promotions
- Regular software updates and system access
- After-sales and technical support
With this strong backing, even first-time entrepreneurs can run the store efficiently.
Revenue and Profit Potential
Depending on your store’s location, services offered, and customer service quality, monthly revenues can range from ₹2 to ₹5 lakhs. The average profit margin falls between 20% to 30%. Most franchisees recover their initial investment within 12 to 18 months.
Final Thoughts
The Cashify store franchise cost reflects a moderate but strategic investment in one of India’s fastest-growing retail sectors. Backed by a trusted brand, a scalable business model, and increasing consumer demand for refurbished devices, opening a Cashify store could be your gateway to long-term success in 2025.
