As India continues to witness rapid smartphone adoption and an increased focus on sustainable e-waste management, the refurbished electronics industry is thriving. One brand that has capitalized on this trend is Cashify — a leading platform for buying, selling, and repairing gadgets. For entrepreneurs looking to enter this booming sector, understanding the cashify store franchise cost is the first step toward launching a profitable venture.

This article will provide a comprehensive overview of the investment needed, potential returns, and the advantages of starting a Cashify retail outlet in 2025.

What is a Cashify Store Franchise?

A Cashify store franchise is a physical retail outlet that offers customers a range of services including smartphone resale, device repairs, refurbished mobile sales, accessories, and e-waste recycling. With an increasing number of consumers looking for affordable tech solutions and eco-conscious options, Cashify stores are experiencing strong demand across urban and semi-urban regions in India.

The franchise model enables entrepreneurs to operate under the trusted Cashify brand while receiving operational support, marketing assistance, and access to a proven business model.

Cashify Store Franchise Cost: Complete Breakdown

The Cashify franchise model is designed to be affordable, scalable, and easy to manage. On average, the total investment required to set up a Cashify store ranges between ₹5 lakhs to ₹8 lakhs. This cost includes the following components:

1. Franchise Fee

Cashify charges a one-time franchise fee of around ₹1.5 to ₹2 lakhs. This fee covers licensing, brand rights, initial training, and ongoing support.

2. Retail Space Setup

You will need a retail space of 200–300 square feet in a high-footfall area such as near markets, colleges, or malls. Store interior setup, branding, and furniture cost approximately ₹1.5 to ₹2.5 lakhs.

3. Technology and Tools

Cashify provides you with the necessary tech infrastructure such as POS systems, diagnostic tools, testing equipment, and repair kits. This adds ₹1 lakh to the total setup cost.

4. Initial Inventory

Franchisees must stock mobile accessories, refurbished smartphones, and other related products. Initial inventory investment ranges from ₹50,000 to ₹1 lakh.

5. Working Capital

To manage daily operational expenses like staff salaries and utility bills during the initial months, an additional ₹50,000 to ₹1 lakh is recommended as working capital.

Total Estimated Cost: ₹5,00,000 to ₹8,00,000

This cost ensures that the store is fully operational, branded, and ready to serve customers from day one.

Earning Potential and ROI

One of the biggest advantages of the Cashify franchise model is the high return on investment. Franchisees typically earn profits between ₹50,000 and ₹1.5 lakhs per month, depending on location and performance. Most outlets reach breakeven within 12 to 18 months of launch.

Revenue is generated through:

• Smartphone buyback and resale
• Refurbished mobile sales
• Mobile and gadget repairs
• Sale of accessories
• E-waste recycling services

With multiple income streams, Cashify stores can maintain consistent profitability even during market fluctuations.

Franchise Support and Training

Cashify provides its partners with end-to-end support, including:

• Site selection guidance
• Store design and setup assistance
• Staff recruitment and training
• Marketing and promotional materials
• Access to the Cashify partner app and backend system

This holistic support ensures that franchisees can focus on customer service and sales while Cashify handles the technical side of operations.

Conclusion

Investing in a Cashify store is not just about running a business — it’s about joining a movement toward digital sustainability. With a reasonable cashify store franchise cost , strong brand support, and consistent demand for gadget services, this opportunity is ideal for aspiring entrepreneurs.

If you’re looking for a scalable and future-ready business in the tech domain, Cashify’s franchise program could be the perfect entry point.