YNew is a new-generation Re-Commerce platform, first of its kind in India. It is an innovative local marketplace which is redefining the process of sale and purchase of used & refurbished electronic goods. It attempts to reduce the digital divide and bridge this gap through providing quality lifestyle gadgets at affordable prices to the aspiring buyers.
Products Includes:
How does YNew help to adopt this model?
Franchise Facts:
Franchise Add-Ons:
Read The Franchise Requirements Below And Become A Franchisee Today.
Commenced Dates
Date Commenced Operations | 2012 |
Date Commenced Franchising / Distribution | 2014 |
Franchise Details
Units
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
Store Wise | Rs. 10lac - 20lac | 250,000 | 20% |
Expansion Locations
North | |
South | Andhra Pardesh |
East | |
West | |
Center | |
Union Territories |
Franchise Details (Optional)
Want to expand | Nationwide |
Exclusive territorial rights to a unit | Yes |
Performance guarantee to unit franchisee | No |
Anticipated percentage return on investment | 36-100% |
Likely pay back period of capital for a unit franchise | 18 to 24 months |
Other investment requirements | No |
Detailed operating manuals for franchisees | Yes |
Where is franchisee training provided? | Hyderabad |
Is field assistance available for franchisee? | Yes |
Will someone from Head Office provides assistance to franchisee in opening the franchise? | Yes |
What IT systems do you presently have that will be included in the franchise? | Yes |
Type of property required for this franchise opportunity |
Commercial |
Floor area requirement | 500 to 600 sq ft . (1 Sq Meter = 10.76 Sq Ft.) |
Preferred location of unit franchised outlet | High street, commercial business district, premium residential localities |
Do you have a standard franchise agreement? | Yes |
How long is the franchise term for? | 3 years |
Is the term renewable? | Yes |
Category : Consumer electronics
Area Req : 500 - 600 Sq. Feet
Franchise Outlets : 1
Investment: Rs. 10 Lac - Rs. 20 Lac