Business Categories
E-Commerce & Related

HyperXchange Franchise Cost – How to get, Contact, Apply, Fee

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

About brand - HyperXchange

Yibeal Tradex, HX (hyperXchange): Leading the Revolution in Refurbished Electronics

HX (hyperXchange) has quickly established itself as a major player in the refurbished electronics market in India, earning recognition as RAI's 'Retail Startup of the Year' for 2020 and being named one of Collision's 'Top 10 Startups' for 2018. Our rapid ascent in the industry underscores our innovative approach and commitment to excellence in providing high-quality refurbished electronics.

Understanding the Market Opportunity

The global market for refurbished electronics—encompassing products such as mobiles, laptops, televisions, and accessories—represents a significant $25 billion opportunity. This market is expanding at a remarkable compound annual growth rate (CAGR) of 40%, reflecting a surge in consumer demand for affordable, high-quality technology.

Among the fastest-growing markets in this sector are those in India, the UK, and the US, which collectively account for over half of the global revenue. The COVID-19 pandemic in 2020 acted as a catalyst for this growth, accelerating market expansion by more than 78% as remote work and online learning became prevalent. This shift has created an exceptional opportunity for businesses like HX to lead and innovate within the refurbished electronics space.

Why HX Is Unique

HX distinguishes itself in the refurbished electronics market through several key factors that contribute to our remarkable growth rate of over 100% annually:

  1. AGAiN - As Good As New Quality Assurance

At HX, we are committed to providing products that meet the highest standards of quality. Our AGAiN (As Good As New) quality assurance program ensures that every device we offer undergoes rigorous inspection, refurbishment, and testing. This meticulous process guarantees that our customers receive products that perform like new, with enhanced reliability and durability.

  1. Easy Returns - 30-Day Worry-Free Returns

We recognize that purchasing refurbished electronics requires confidence in the product's quality. To address this, HX offers a 30-day worry-free return policy. This policy allows customers to test their purchases and return them if they are not fully satisfied, providing an added layer of reassurance and trust in our products.

  1. Buyback Guarantee - 9-Month Buyback at Up to 80% Value

Our buyback guarantee is a distinctive feature of our offering. Customers can return their refurbished electronics within nine months for up to 80% of the original purchase value. This buyback option adds significant value to our products and provides customers with flexibility and peace of mind regarding their investment.

  1. Best Warranty Promise - 12-Month Replacement Warranty with Doorstep Pickup

HX stands out with our comprehensive 12-month replacement warranty. This warranty covers any issues that may arise with our products, and we offer the convenience of doorstep pickup for warranty-related services. This commitment to customer support ensures prompt and efficient assistance, reinforcing our dedication to providing reliable and high-quality products.

The Franchise Opportunity with HX

As the refurbished electronics market continues to expand, HX offers an attractive franchise opportunity for individuals and businesses looking to enter this thriving industry. Our franchise model is designed to provide significant advantages and support to our partners, enabling them to establish and grow a successful business.

  1. Assured Monthly Return

One of the key benefits of our franchise offering is the assured monthly return, which helps mitigate financial risk and provides a stable income stream for our franchise partners. This assurance reflects our confidence in the profitability of our business model and our commitment to supporting our franchisees' success.

  1. Flexible Investment Plan

HX provides a flexible investment plan tailored to different growth appetites. This approach allows potential franchisees to choose an investment level that aligns with their financial goals and business objectives. Our flexible plan ensures that our franchise offering is accessible to a wide range of entrepreneurs, from those seeking a modest entry point to those aiming for a larger investment.

  1. Strong Combination of Online Scale and Offline Convenience

HX leverages a powerful combination of online scale and offline convenience to drive business growth. Our robust online platform offers extensive market reach and visibility, while our offline presence ensures local engagement and customer interaction. This integrated approach enhances our ability to serve customers effectively and supports our franchise partners in building a successful business.

Why Partner with HX?

  1. Proven Business Model

HX's rapid growth and industry recognition underscore the effectiveness of our business model. Our approach to refurbishing and selling electronics combines quality assurance, customer-focused policies, and effective marketing strategies. By joining our franchise network, you gain access to a business model with a proven track record and significant potential for returns.

  1. Comprehensive Support

As a franchisee with HX, you will benefit from comprehensive support throughout your business journey. From initial training and setup to ongoing operational assistance and marketing support, we are dedicated to providing the resources and guidance needed to succeed. Our experienced team is committed to ensuring that you are well-prepared to manage your franchise and deliver exceptional service to your customers.

  1. Brand Recognition and Market Leadership

HX’s recognition as RAI's 'Retail Startup of the Year' and inclusion in Collision's 'Top 10 Startups' highlight our leadership and reputation in the refurbished electronics industry. Partnering with a well-regarded brand provides you with a competitive advantage and helps attract customers who value our commitment to quality and innovation.

  1. Growth Potential

The refurbished electronics market is experiencing rapid expansion, and HX is positioned at the forefront of this growth. By becoming a franchisee, you tap into a thriving industry with substantial opportunities for expansion. Our strategic advantages, combined with your entrepreneurial drive, create a pathway for significant business growth and success.

Conclusion

HX (hyperXchange) is redefining the refurbished electronics market with a focus on quality, customer satisfaction, and innovative business practices. Our impressive growth, distinctive value propositions, and comprehensive franchise support make us an appealing opportunity for entrepreneurs seeking to enter a dynamic and lucrative industry. We invite you to explore the potential of partnering with HX and join us in shaping the future of refurbished electronics.

HyperXchange Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2016

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 10000 - 50000

Franchise/Brand Fee INR 25000

Royalty/Commission 12 %

Master / Multi Units

Region Wise

Investment INR 5lakh - 10lakh

Master Fee INR 50000

Commission 12 %

City Wise

Investment INR 10000 - 50000

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

HyperXchange Expansion Plans

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

 

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HyperXchange Franchise Requirements

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

HyperXchange Franchise Training

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

HyperXchange Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 1 Year

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 HyperXchange 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 HyperXchange franchise, you can fill up the application form provided on the website and get all the details viz. HyperXchange franchise fee, HyperXchange franchise cost, HyperXchange apply process and more.

Interested in HyperXchange Franchise? Apply here

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