The smartphone industry in India is experiencing massive growth, not only in sales of new devices but also in the refurbished and repair markets. As consumers become more conscious of value and sustainability, services like gadget resale, buyback, and e-waste recycling are gaining traction. Among the most trusted names in this segment is Cashify, a brand known for its reliable and transparent services. If you’re looking to join the booming gadget services sector, understanding the cashify store franchise cost is the first step.

What is the Cashify Franchise All About?

Cashify is India’s leading platform for selling old phones, buying refurbished devices, getting gadgets repaired, and responsibly recycling electronic waste. Over the years, it has built a solid reputation for fair pricing, quick service, and quality refurbishment.

The Cashify franchise allows individuals to operate a local store using the company’s brand name, software, and business model. These stores serve as collection points for old devices, repair centers, and retail hubs for accessories and certified pre-owned smartphones. For entrepreneurs, this franchise presents a low-risk, high-demand business opportunity backed by a growing market and trusted brand.

Cashify Store Franchise Cost – Detailed Breakdown

Starting a Cashify franchise is relatively affordable when compared to other retail franchises. The Cashify store franchise cost ranges between ₹10 to ₹15 lakhs depending on the location, store size, and initial inventory.

Here is a detailed breakdown of the cost structure:

1. Franchise Fee – ₹2 to ₹3 Lakhs
   This one-time fee gives you the right to use the Cashify brand and access ongoing support from the company.
2. Store Setup and Branding – ₹3 to ₹5 Lakhs
   This includes the cost of interiors, furniture, Cashify-branded signage, display units, and lighting to create a standardized customer experience.
3. Tools and Equipment – ₹2 Lakhs
   You’ll receive professional repair tools, testing machines, computers, and billing software.
4. Inventory – ₹2 to ₹3 Lakhs
   This covers refurbished smartphones, accessories, spare parts, and packaging materials.
5. Miscellaneous Expenses – ₹1 to ₹2 Lakhs
   These include staff salaries, utility deposits, licenses, internet, and promotional launch campaigns.

Space and Location Requirements

To open a Cashify store, you will need a retail space between 200 to 300 sq. ft. The store should ideally be located in a high-footfall area such as a market, shopping street, mall, or near educational institutions and tech parks. The right location can significantly boost walk-in traffic and monthly revenue.

What You Get from Cashify

By becoming a franchise partner, you receive extensive support, including:

• Pre-opening training for you and your staff
• Complete store setup and launch support
• Access to Cashify’s app and online inventory system
• Centralized supply chain and logistics management
• Marketing and advertising materials
• Technical guidance and repair process training

This comprehensive support ensures that even those with limited experience in retail or technology can run a successful store.

Earnings and Return on Investment

Franchisees typically start generating returns within 12 to 18 months. With multiple revenue streams—repairs, buybacks, accessories, and refurbished sales—the business model is both sustainable and scalable. As India’s second-hand smartphone market continues to grow, demand for Cashify services is expected to rise even further.

Why the Cashify Franchise Makes Sense in 2025

1. Booming Refurbished Market – With smartphone penetration increasing in smaller cities, the demand for affordable used phones is growing fast.
2. Eco-Friendly Appeal – Cashify promotes responsible e-waste disposal, making your business part of the green revolution.
3. High Brand Recall – The Cashify name is already known across India, reducing your marketing burden.
4. Multiple Income Sources – Unlike typical retail, this model offers 4–5 different ways to earn consistently.

Final Thoughts

Investing in a Cashify franchise is more than just opening a store—it’s stepping into a future-proof business model that aligns with India’s digital and environmental goals. The Cashify store franchise cost is modest considering the brand power, training, and ongoing support provided. If you’re ready to turn your entrepreneurial dream into a profitable and impactful business, now is the perfect time to apply.