Search Business Opportunities
Business Categories
Mobile & Communication/Internet Connections

Phoneup

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

About: 

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 warrantyPhonup has marked its presence in UK, Brazil already. In India  , Joint Venture  with Franchise India Group its ready to reach new heights

 

 

Investment Details

Commenced Operations

Operations Commenced On2009

Franchising / Distribution Commenced On2017

Franchise Details
Units

Area100

Investment Rs. 10lac - 20lac

Franchise/Brand Fee 300000

Royalty/Commission- NA -

Expansion Locations
North

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

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana

East

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

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

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

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 40

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

Other investment requirements no

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 100

Preferred location of unit franchise outlet High street

Training Details

Detailed operating manuals for franchisees No

Franchisee training location

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 of years Year

Is the term renewable? Yes

Insta Apply
More Stories
Apply Now