Furthermore, the company plans to open a Phonup academy in the National Capital Region catering to huge demand for mobile-phone repairs.
Area Franchise shall manage & support group of Unit Franchises (10+) Phonup stores for products, services & training.
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
A fromula that allows you to operate inside a shopping mall.
Minimum Kiosk Area requirement is 100+ sqft
Operations Commenced On 2009
Franchising / Distribution Commenced On 2017
Investment INR 10lac - 20lac
Franchise/Brand Fee INR 200000
Royalty/Commission 10 %
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
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
Type of property required for this franchise opportunity Commercial
Floor area requirement 100 - 300 Sq.ft
Preferred location of unit franchise outlet High street
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5-No Years
Is the term renewable? Yes