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Hotline: +91-991 5466 777
Hotline: +91-991 5466 777

YNew - Franchise

YNew - Franchise
Category : Consumer electronics Investment: Rs. 10 Lac - Rs. 20 Lac 500 - 600 Sq. Feet 1

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:

  • Smartphone/Tablets
  • Laptops/Desktops
  • LCD/LED TVs

How does YNew help to adopt this model?

  • YNew model is supported by online and offline distribution channels, customer service and logistics’ systems
  • Sloyd has conceived and nurtured YNew to be market ready and easily adoptable.
  • has created an ecosystem with six important elements for entrepreneurs to adopt this model swiftly

Franchise Facts:

  • Area Required: 500 sq ft to 600 sq ft
  • Investment: Rs. 10lac - Rs. 20lac
  • Franchise/Brand Fee: Rs. 250,000
  • Royalty/Commission: 15% to 20%

Franchise Add-Ons:

  • Detailed operating manuals for franchise
  • Franchisee training done at Hyderabad
  • Assistance in site selection is also provided to franchisee
  • Field assistance is also provided to the franchisee
  • Experts support in setting up the franchise

Read The Franchise Requirements Below And Become A Franchisee Today.

YNew - Franchise Investment Details

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

YNew - Franchise Training Details

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

YNew - Franchise Property Details

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

YNew - Franchise Other Details

Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 years
Is the term renewable? Yes
YNew - Franchise

YNew - Franchise

Category : Consumer electronics
Area Req : 500 - 600 Sq. Feet
Franchise Outlets : 1
Investment: Rs. 10 Lac - Rs. 20 Lac

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