HyperXchange Franchise Opportunity

Business Detail

About Us:

hyperXchange (HX) Indias #1 Trusted Brand for Refurbished Electronics.

HX sells new, unboxed and refurbished electronics products through its physical distribution network. We use proprietary technologies like Faraday and ELVIS to reduce turnaround time by 3x and beat industry margins by 400%.

All HX products are covered by industry-leading after-sales support: 12-month doorstep warranty, 7-day worry-free returns and 9-month assured buyback.

HX is the most awarded startup in this space, winning RAIs Retail Startup of the Year 2020, TiE Entrepreneur of the Year 2020 and Forbes magazines 30 Under 30 list for 2021.

HX offers partnership opportunities to expand our retail store, refurbishment factory and training center network:

at a hypergrowth startup
in a pandemic-proof industry
to earn revenue offline and online
with minimum guarantee scheme and stock correction offer

Investment Detail

Commenced Operations

Operations Commenced On 2016

Franchising / Distribution Commenced On 2021

Franchise Details

UNITS

Location Store wise

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 300000

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 42%

Payback Period 11-11 Months

Any Other Requirements Apart from nominal franchise fees, unit franchise would need to invest in shop infrastructure and stock inventory

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 100 - 500 Sq.ft

Preferred location of unit franchise outlet High Street property for retail stores, regular office space for refurbishment factory and training center

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location corporate office

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is term renewable? Yes