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Phonup

  • Area Req
    100 - 300 Sq.ft
  • Investment Range
    INR 10 Lac - 20 Lac
  • Franchise Outlets
    Less than 10
Business Details

About Us:

  • In 2009 Gerardo Taglianetti, founded Phonup amongst first companies  in Italy specialized in collecting  second hand mobile phones. In 2010 the business became online service platform  for buying and selling both second hand and refurbished mobiles/tablets From 2013 company is Franchising stores dedicated to buying/reselling of pre-owned mobiles and tablets with 12 months warranty.
  • Phonup is here to revolutionise preowned mobile phone market in India. Apart from preowned mobile phones, the brand deals in brand new smart phones as well. The company provides umbrella solutions for mid and high-end mobile handsets across pan-India.
  • This world class academy is to be set as per highest international standards. What more! Phone for Repairs shall get handpicked from customer’s home. The best part is preowned Phonup mobile phones come with !2 months warranty.

Furthermore, the company plans to open a Phonup academy in the National Capital Region catering to huge demand for mobile-phone repairs.

Franchise Details:

Area franchise:

Area Franchise shall manage & support group of Unit Franchises (10+) Phonup stores for products, services & training.

Unit Franchise:

Unit Franchise shall be representing phonup in a geography of a city / town. Unit Franchise will be “one stop shop” for new / pre-owned devices, mobile accessories, devise repair and EWP solutions for the customer.

Minimum Store Area requirement is 250+ sqft Highstreet

Kiosk Franchise:

A fromula that allows you to operate inside a shopping mall.

Minimum Kiosk Area requirement is 100+ sqft

 

Investment Details

Commenced Operations

Operations Commenced On 2009

Franchising / Distribution Commenced On 2017

Franchise Details
Units

Investment INR 10lac - 20lac

Franchise/Brand Fee INR 200000

Royalty/Commission 10 %

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, 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

Exclusive territorial rights to a unit franchise Yes

Anticipated percentage return on investment 40 %

Likely pay back period of capital for a unit franchise 2-3 Years

Other investment requirements no

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 100 - 300 Sq.ft

Preferred location of unit franchise outlet High street

Training Details

Detailed operating manuals for franchisees Yes

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-No Years

Is the term renewable? Yes

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