India’s refurbished electronics market is booming, driven by the increasing demand for affordable gadgets and sustainable tech solutions. One of the key players revolutionizing this space is Cashify—a trusted brand for selling, buying, and repairing smartphones. For individuals looking to enter this profitable domain, knowing the cashify store franchise cost is essential to evaluate the investment opportunity effectively.
This article offers a detailed overview of the franchise cost, benefits, earning potential, and why Cashify is a smart business move in 2025.
Why Invest in a Cashify Store Franchise?
Cashify has gained popularity as a one-stop solution for customers looking to sell old smartphones, buy certified refurbished devices, or get repairs done quickly. With over 200 outlets across India, the brand has built a reputation for trust, quality service, and customer satisfaction.
Investing in a Cashify store franchise gives you access to:
- A recognized and reliable brand
- Proven business model
- Centralized digital marketing
- Multiple income streams (resale, repair, accessories)
- Comprehensive training and technical support
These advantages significantly reduce the risk often associated with starting a new business from scratch.
Detailed Cashify Store Franchise Cost
The Cashify store franchise cost ranges between ₹15 lakhs and ₹20 lakhs depending on the location, store size, and other local factors. Below is a detailed breakdown of the key components of the investment:
1. Franchise Fee: ₹5 to ₹7 Lakhs
This is a one-time payment that secures the franchise rights. It includes access to Cashify’s brand name, digital tools, training, and customer management systems. Franchisees also benefit from centralized branding and marketing strategies run by Cashify.
2. Store Setup & Interiors: ₹5 to ₹8 Lakhs
Your store must meet Cashify’s aesthetic and functional standards. This investment covers branding, interior work, display counters, signage, lighting, and furniture. Cashify assists with layout and execution to ensure uniformity across all locations.
3. Inventory Purchase: ₹3 to ₹5 Lakhs
Initial inventory includes refurbished smartphones, spare parts, accessories, and repair tools. Cashify provides recommendations on what inventory to stock based on your local market demand.
4. Technology Setup: ₹1 to ₹2 Lakhs
A smooth-running store requires a reliable POS system, billing software, CRM tools, and internet connectivity. Cashify equips franchisees with the necessary tech infrastructure for operations.
5. Working Capital: ₹2 to ₹3 Lakhs
This amount covers operating costs for the first few months, including rent, staff salaries, electricity, and initial local promotions.
Space & Location Requirements
To open a successful Cashify store, you’ll need a commercial space of about 250 to 400 square feet. Ideal locations include high-footfall areas like markets, malls, tech zones, or near educational institutions. Cashify also offers site assessment and support during the selection process.
Earnings & Return on Investment (ROI)
With a consistent flow of customers, a typical Cashify store can generate monthly revenues ranging from ₹2 to ₹5 lakhs. Operating profit margins hover around 20%–30%, depending on local competition and service quality.
Most franchisees recover their initial investment within 12 to 18 months, making it a financially sound opportunity for long-term growth.
Additional Franchise Benefits
- End-to-end staff training
- Access to CRM and inventory tracking systems
- Nationwide brand promotions
- Technical and operational support
- Low-cost, high-return business model
These added advantages ensure that franchisees are never alone in their entrepreneurial journey.
Final Thoughts
Understanding the Cashify store franchise cost gives you a clear picture of what it takes to join one of India’s most successful tech retail chains. With minimal risk, brand authority, and ongoing support, investing in a Cashify store can lead to high returns and business stability.
If you’re ready to step into the world of smart retail, now is the perfect time to get started with Cashify. Want help with the application process or ROI planning? I can guide you through every step.
