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
Operations Commenced On 2016
Franchise Commenced On 2020
Investment INR 10000 - 50000
Region Wise
Investment INR 5lakh - 10lakh
Master Fee INR 200000
Commission 12 %
City Wise
Investment INR 10000 - 50000
Unit/Brand Fee INR 25000
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
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, 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
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
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 1 Year
Is the term renewable? Yes
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