Business Categories
Consumer Electronics

Never Owned Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    1200 - 1300 Sq.ft
  • Investment Range
    INR 30 Lakh - 50 Lakh
  • No. Of Franchise Outlets
    Less than 10

About brand - Never Owned

At Never Owned, we aim to redefine the landscape of open-box trade and retail in India by leveraging cutting-edge technology, operational excellence, and customer-centric strategies. Our focus is on delivering high-quality branded electronics and household items that have never been used, ensuring unparalleled value and trust for our customers.

We aspire to establish an ecosystem where open-box products are no longer seen as substandard but are instead recognized as a sustainable and smart choice. By optimizing procurement from OEMs and e-commerce platforms, we minimize waste and create opportunities for consumers to access premium products at competitive prices.

Through technology, we intend to revolutionize every aspect of the open-box retail experience—from sourcing and inventory management to distribution and customer engagement. With nationwide distribution via company-owned outlets, franchises, and business associates, we aim to ensure that quality and affordability reach every corner of India.

Our vision extends beyond business growth; it’s about creating a seamless blend of convenience, transparency, and sustainability in the retail sector. By transforming perceptions around open-box items and setting new benchmarks for quality and service, Never Owned is committed to becoming a trailblazer in the re-commerce industry.

Open Box Inc. is a high-growth start-up based in Delhi establishing pan India presence through its franchise, business associate, retailer, and customer network.  Aspiring to be India’s largest business-to-business and business-to-consumer re-commerce platform for consumer electronics and large appliances categories.

Franchise Opportunity with Never Owned

Never Owned offers an exciting franchise opportunity for individuals and businesses looking to join the rapidly growing open-box retail industry in India. As a franchisee, you can become a part of a high-growth start-up revolutionizing the re-commerce market with its focus on quality, affordability, and sustainability.

Why Partner with Never Owned?

  1. Proven Business Model: Tap into a fast-growing segment with a tested and profitable approach to open-box retail.
  2. High-Quality Products: Offer branded electronics and large appliances that are "never used," sourced directly from OEMs and top e-commerce platforms.
  3. Technology-Driven Operations: Leverage cutting-edge tech for inventory management, sourcing, and customer engagement.
  4. Sustainable Vision: Be a part of a movement that reduces waste and promotes sustainable consumption practices.
  5. Nationwide Expansion: Join an expanding network of company-owned outlets, franchises, and business associates, ensuring a strong and supportive ecosystem.

Franchise Benefits

  • Comprehensive training and operational support.
  • Strong marketing and branding assistance.
  • Access to a robust supply chain and product inventory.
  • Technology tools for seamless store management.
  • Attractive return on investment with high growth potential.

Ideal Franchise Partner

  • Entrepreneurs or businesses with a passion for retail and customer service.
  • Ability to invest in a retail outlet with a commitment to quality and sustainability.
  • Strong local market knowledge and business acumen.

Never Owned Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2018

Franchise Commenced On 2023

Franchise Details
Units

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 200000

Royalty/Commission 00 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 50 %

Likely pay back period of capital for a Unit Franchise 2-3 Years

Never Owned Expansion Plans

North

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

South

- NA -

East

West Bengal, Odisha

West

- NA -

Central

- NA -

Union Territories

- NA -

 

Tags: Retail Business Franchise in Delhi   |   Retail Business Franchise in Haryana   |   Retail Business Franchise in Himachal Pradesh   |   Retail Business Franchise in Jammu and Kashmir   |   Retail Business Franchise in Punjab   |   Show more...

Never Owned Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 1200 - 1300 Sq.ft

Preferred location of unit franchise outlet North and East India

Never Owned Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location Company Outlet (Delhi, Lucknow)

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

Never Owned Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Never Owned Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about Never Owned franchise, you can fill up the application form provided on the website and get all the details viz. Never Owned franchise fee, Never Owned franchise cost, Never Owned apply process and more.

Interested in Never Owned Franchise? Apply here

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