What is Cashify?
Founded to simplify the process of selling old gadgets, Cashify allows users to sell their used smartphones, tablets, and laptops conveniently online or through offline stores. Over the years, the brand has expanded to include smartphone repair services, refurbished phone sales, and gadget recycling—all under one trusted name.
With partnerships with leading smartphone brands like Apple, Xiaomi, OnePlus, and Samsung, Cashify enjoys widespread recognition and credibility. The brand has now extended its services to physical retail locations through its franchise model, making it easier for customers to access these services locally.
Why Choose a Cashify Franchise?
Cashify’s franchise model is built on a proven and profitable business strategy. Here’s why entrepreneurs across India are opting for this opportunity:
- Strong Brand Value: With over a decade in the market, Cashify is a trusted name with a loyal customer base.
- Booming Industry: The Indian recommerce market is growing rapidly due to increased smartphone usage and digital awareness.
- Multiple Revenue Streams: Earn from gadget buybacks, repair services, refurbished phone sales, mobile accessories, and e-waste recycling.
- Environmental Impact: With a mission to reduce e-waste, Cashify appeals to environmentally conscious consumers.
- Comprehensive Support: From store setup to training, Cashify provides end-to-end support for franchisees to succeed.
Cashify Franchise Requirements
To start your own Cashify store, you’ll need to meet certain criteria. While the requirements are simple, they ensure that each outlet meets brand standards and delivers a consistent customer experience:
- Investment: The total investment needed typically ranges from ₹10 lakhs to ₹15 lakhs. This includes the franchise fee, store interiors, branding, equipment, and initial inventory.
- Store Space: Ideal store size ranges from 200 to 400 sq. ft. located in high-traffic commercial areas such as marketplaces, near colleges, or shopping zones.
- Business Acumen: Prior experience in retail or mobile-related industries is an added advantage but not mandatory. Cashify provides full training and operational guidance.
- Passion for Tech: A keen interest in smartphones and gadgets helps in managing the business more effectively.
How to Apply for a Cashify Franchise
Starting a cashify franchise is a streamlined process:
- Online Application: Visit www.cashify.in and go to the “Franchise” section. Fill out the form with your basic details, preferred location, and background information.
- Initial Review: The Cashify team evaluates your application and contacts you for further discussions if shortlisted.
- Franchise Agreement: Upon approval, you’ll sign a franchise agreement and submit the necessary documents and initial fees.
- Store Setup: Cashify helps you with selecting the right location, setting up the store, and installing necessary technology.
- Training and Launch: Your staff will undergo a thorough training program, after which the store will be launched with marketing support from Cashify.
Return on Investment (ROI)
Most Cashify franchisees recover their initial investment within 12 to 18 months, depending on foot traffic and service demand. With minimal risk and high market potential, it’s an ideal venture for entrepreneurs seeking steady growth.
Final Thoughts
In today’s digital age, joining the smartphone service and resale business through a Cashify franchise is a future-ready decision. With low entry costs, high returns, and the backing of a trusted tech brand, you can build a successful business while contributing to environmental sustainability. Whether you're a seasoned entrepreneur or a first-time investor, Cashify offers the tools, training, and support to make your business thrive.
