Business Categories
E-Commerce & Related

Yibeal Tradex Private Limited

  • Area Req
    25 - 500 Sq.ft
  • Investment Range
    INR 10000 - 10 Lac
  • No. Of Franchise Outlets
    Less than 10
Business Details

HX (hyperXchange) is the fastest growing brand for refurbished electronics in India. We are also the only brand we know that offers it's franchise partners:

#1. Assured monthly return to help manage risk, in addition to

#2. A flexible investment plan tailored to growth appetite, and

#3. A strong combination of online scale and offline convenience 

Read more to understand why we are RAI's 'Retail Startup of the Year' for 2020 and among Collision's 'Top 10 Startups' for 2018:

Market Opportunity

The market for ‘as good as new’ lifestyle electronics (mobiles, laptops, televisions and accessories), otherwise called the ‘refurbished market’, is a $25 billion opportunity globally, growing at 40% CAGR. 

India, UK & the US are the fastest growing markets in this space, making over 50% of global revenue. In 2020, the COVID-19 pandemic transformed the remote work and learning realities for all of us, and accelerated the growth of this market by over 78%

We see this as a huge opportunity and within three short years, HX has already established itself at the pole position of this industry. 

HX Growth

HX differentiates itself from the rest of the market with value propositions that are much ahead of its time. Here’s a quick look at why we are growing at a scorching pace of over 100% year on year!

#1. AGAiN - As Good As New quality assured

#2. Easy Returns - 30-day worry-free returns on a

#3. Buyback Guarantee -   9-month buyback at upto 80% value

#4. Best Warranty Promise - 12-month Replacement warranty with doorstep pickup

 

Investment Details

Commenced Operations

Operations Commenced On 2016

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 10000 - 50000

Master / Multi Units

Region Wise

Investment INR 5lac - 10lac

Master Fee INR 200000

Commission 12 %

City Wise

Investment INR 10000 - 50000

Unit/Brand Fee INR 25000

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

Exclusive territorial rights to a unit franchisee Yes

Performance guarantee to Unit Franchise Yes

Anticipated percentage return on investment 45 %

Likely pay back period of capital for a Unit Franchise 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 25 - 500 Sq.ft

Preferred location of unit franchise outlet Mall kiosk and Supermarket SIS

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Online Video Conference

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? 1 Year

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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