If you’re planning to invest in a fast-growing, tech-focused retail business, understanding the cashify franchise cost is the first step toward a rewarding venture. As India’s leading platform for selling, repairing, and recycling used electronics, Cashify has rapidly expanded its offline presence through franchising. The brand is well-known for its sustainable business model and reliable customer services, making it a trusted name in the recommerce space.
In this article, we will give you a detailed breakdown of the investment required to start a Cashify franchise in 2025, the returns you can expect, and why this business model continues to attract entrepreneurs across India.
What Is Cashify?
Cashify is a platform that buys used smartphones and other electronic devices, refurbishes them, and then resells them to customers looking for affordable options. The company also offers repair services, mobile accessories, and device recycling programs. With over 200 stores across India and plans to expand further, Cashify has built a solid reputation for reliability, transparency, and environmental responsibility.
As consumers become more tech-savvy and environmentally conscious, the demand for refurbished gadgets and quality repair services is on the rise—making Cashify an ideal franchise opportunity.
Cashify Franchise Cost Structure
Understanding the Cashify franchise cost is crucial for planning your investment. Here’s a detailed breakdown of the key components involved:
1. Franchise Fee
Cashify charges a one-time franchise fee that typically ranges between ₹5 to ₹7 lakhs. This covers the rights to operate under the brand name, initial support, training, and technology access.
2. Store Setup Cost
To meet Cashify’s brand standards, franchisees are required to invest in store setup, which includes interior design, furniture, branding materials, and display units. This can cost anywhere from ₹6 to ₹8 lakhs depending on the location and size of the store.
3. Initial Inventory
Stocking your store with refurbished phones, accessories, and spare parts may require an additional ₹3 to ₹5 lakhs. The company helps you choose the right inventory based on local demand and customer preferences.
4. Technology and Equipment
Cashify provides software tools, a POS system, and other operational tech. This is usually included in the initial cost or may require a minor additional investment of ₹1 to ₹2 lakhs.
5. Working Capital
It’s wise to have ₹2 to ₹3 lakhs reserved for day-to-day operations like salaries, rent, and utilities during the initial few months.
Total Estimated Investment: ₹15 to ₹20 lakhs
Space Requirements
To open a Cashify franchise, you’ll need a retail space of around 250 to 400 square feet located in a high-traffic commercial area. Locations near colleges, tech hubs, shopping centers, or mobile markets tend to perform best.
Profit Margins and ROI
A well-run Cashify franchise store can generate monthly revenues ranging from ₹2 to ₹5 lakhs, depending on location and footfall. Profit margins typically range between 20% to 30%. This means you can expect a return on your investment within 12 to 18 months if the business is managed effectively.
Additional Benefits of Becoming a Franchise Partner
- Brand Support: Cashify offers strong marketing support, including digital promotions and in-store branding.
- Training: Comprehensive training programs for owners and staff are provided to ensure smooth operations.
- Tech Platform: You get access to Cashify’s software tools for inventory, pricing, and customer management.
- Multiple Revenue Channels: From repairs and resale to buyback programs and accessories, you can earn through various services.
Final Thoughts
The Cashify franchise cost may seem like a moderate investment, but it offers exceptional potential for growth, especially as the demand for refurbished electronics continues to climb. With strong brand backing, a diverse revenue model, and complete operational support, Cashify offers one of the most promising franchise opportunities in India for 2025.
Interested in starting your own Cashify store? Let me know if you need a checklist or direct application link to get started.
