QuickMobile Franchise – Investment, Profits & Business Growth

The business opportunity presented by the QuickMobile franchise has proven to be the best in terms of refurbished mobile phone sales and repair. With a growing number of people looking for cost-effective smartphones and efficient repair services, the QuickMobile franchise with its revolutionary service delivery model has thickened its entry into such a profit-making establishment.

The brand provides this smooth interface for customers: the buying and selling of second-hand mobile phones as well as repairs on devices.

Investing in this format of franchise QuickMobile is one of the most attractive investments because of its extensive services, consumer confidence, and proven profitability. It allows entrepreneurs to be a part of the booming mobile technology industry with a steady income.

The QuickMobile franchise will appeal to the modern consumer who looks for convenience, affordability, and very fast solutions to mobile needs.

About the Brand/Product

The franchise of QuickMobile was formed as a link from the consumer end. Hence, those looking to buy budget mobile solutions and to easily sell or repair their phones will find it useful. With the introduction of technology, many people tend to upgrade their devices frequently, which further keeps the resale and refurbishment industry flourishing.

QuickMobile’s Key Milestones:

• Set up as an online platform for the buying and selling of used mobile phones.
• Expansion into a one-stop shop offering mobile repair services to customers.
• Growth into a franchise model so young entrepreneurs can take a crack at an already established brand.
• Huge presence online and offline with many operational outlets across different locations.

The franchise of QuickMobile ensures that all refurbished handsets go through rigorous testing procedures to match high-quality standards. With a focus on customer satisfaction and efficiency, transparency has made QuickMobile one of the trusted brands in the mobile resale and repair industry.

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Key Details of the Franchise/Product

QuickMobile franchise is designed to bring in some low investment and great return business opportunities. Given below are some highlights:

1. Franchise Name: QuickMobile
2. Business Type: Specializes in mobile phone resale, refurbishment and repair services
3. Investment Range: INR 8 – 10 lakh
4. Brand Fee: INR 1 lakh
5. Space Requirement: 150 – 300 Sq Ft
6. Required Number of Staff: 3 or more
7. Monthly Sales Expected: INR 80,000
8. Profit Margin: 25%
9. Royalty/Commission: 5% over monthly revenue

QuickMobile franchise offers a nice ROI and this could be the ideal option for any entrepreneur in this fast-evolving mobile technology marketplace.

Product/Brand Range

QuickMobile serves a wide assortment of facilities and products to its customers:

1. Selling and Buying of Used Phones

Customers can buy certified, high-quality second-hand smartphones.

An easy way to sell old mobile phones is on this platform.

Fair and transparent pricing is offered for used handheld devices. 

2. Mobile Repair Services 

For speedy and proper mobile repair services.

Technicians usually guarantee that phones will perform better than before repairs. Screen replacement, battery changes, software updates, and more are included.

3. Refurbished Mobiles Sale 

Customers can get refurbished mobile devices with full functionality at affordable prices. 

All devices are thoroughly tested according to performance parameters. 

This is a cost-effective substitute for new smartphones. 

4. Accessories and Additional Services 

The QuickMobile franchise also delivers mobile phone accessories from m p3’s and covers to screen protectors.

Other services such as data backup, phone setup, and software upgrading are among the additional offerings.

Franchise/Product Models

Types of business models that QuickMobile Franchise has to offer to serve different investors include:

1. Retail Store Model

• Full-fledged store exhibiting all QuickMobile services.
• It covers a space of 150-300 sq ft.
• Best suited in locations known for high foot traffic such as shopping malls or along the commercial street.

2. Kiosk Model

• A smaller, cost-effective setup within malls, railways or marketplaces with high traffic.
• Focuses primarily on mobile selling and servicing.
• Low investment is required; hence, suitable for first-time entrepreneurs as well.

3. Online Store Franchise

• Model for digital platforms where franchisee operates an e-commerce store.
• Constitution would primarily sell used and refurbished mobile phones and accessories.
• Has very little space and staffing requirements.

Each model of QuickMobile franchisee is modelled to maximize profit and can be used in different kinds of business environments.

Cost Breakdown

When it comes to investing in a QuickMobile franchise, the expenditures can be summed up as follows:

1. Franchise Fee: INR 1 lakh
2. Infrastructure Investment: 3 – 5 lakh INR (store setup, interior, and branding)
3. Equipment Costs: 1 – 2 lakh INR (testing tools, repair equipment)
4. Initial Inventory: 2 lakh INR (used/refurbished phones, accessories)
5. Marketing and Promotion: INR 50,000 – 1 lakh
6. Operational Costs: employee salaries, rent, utility bills
7. Investing in a QuickMobile franchise: requires at least 8 – 10 lakh INR and yields substantial and fast returns.

Profit Margin and ROI

One of the biggest advantages of joining a QuickMobile franchise is its profit margin:

Profit margin: each transaction gives 25 per cent per transaction

Expected Monthly Sale: INR 80,000

Net monthly profit: INR 20,000 – 25,000 (deducting operations’ segment) 

ROI time frame: Generally, franchisees recover their investments within 12-18 months.

With quite a well-located QuickMobile franchise, profitability will significantly increase, making it a very strong long-term business.

Space Requirements

The QuickMobile franchise requires minimal space for operation:

• Retail Store: 150 – 300 Sq Ft
• Kiosk Model: 80 – 150 Sq Ft
• Online Store: No physical space is required
• Ideal locations include shopping malls, commercial complexes, and busy market areas where foot traffic is high.

Benefits of the QuickMobile Franchise

Owning a QuickMobile franchise comes with a lot of merits and it stands as one of few profitable and sustainable business models. A QuickMobile franchise partner is wise enough for the following reasons:

1. Brand Familiarity

QuickMobile is a reputed and reliable platform in the mobile resale and repair business. Being a franchisee, one can enjoy the benefits of the brand’s reputation thus reducing the marketing spend and customer trust building.

2. Low Investment High Returns

Investment of INR 8 – 10 Lakh, the franchise of QuickMobile returns a profit margin of 25% so that the franchisee can recover the entire investment within 12-18 months. Business requires very low operating costs, thus making it very lucrative.

3. Multiple Revenue Strands

A QuickMobile franchise does not have just one source of income. One can make income from:

• Buying and selling used mobile phones
• Repairing phones
• Selling refurbished phones
• Mobile Accessories

4. Quick and fast Installation

It can be hassle-free and fast installation under this franchising system. QuickMobile supports its franchise in infrastructure designing, branding, and operational setup to let the business set up smoothly.

5. Complete Training and Support

There is complete training for the franchisee and all its staff as per the norms of QuickMobile. Even if a person has no technical knowledge of repairs of mobile phones, he gets hands-on training to be able to manage operations well.

6. Shelling Out in a Huge Market

The thirst for pocket-friendly smartphones and the quick services associated with mobile repairs are always growing. New smartphones are launched at very high frequency, thus making people search for economical alternatives, hence a highly lucrative resale and refurbished phone market.

7. Scalable Business Model

This is the possibility of bringing in a reasonable amount of trade with the QuickMobile franchise. It can initially become successful after which it can open as many stores in as many locations for more profitability.

8. Digital And Online Incorporation Into The Business Franchisees 

QuickMobile has also made it possible for franchisees to benefit from the online platform provided by QuickMobile so that they can cater to a wider audience. In other words, your business is not reliant on only walk-in customers but also online buyers and sellers.

9. A Small Space Is Required 

Unlike many other retail businesses, QuickMobile does not need much space, only 150 – 300 sq. ft. lessens the rent. It can be set up in malls or high-footfall markets or in even a kiosk format.

Market Analysis of the Mobile Resale & Repair Industry

1. The global refurbished and second-hand smartphone market is anticipated to reach a CAGR growth of about 10-12%, propelled by the rapidly increasing need for more affordable and sustainable alternatives to brand-new phones.
2. As the prices of smartphones continue to rise, several consumers opt for second-hand/refurbished models rather than brand-new ones, fuelling the resale industry. 
3. The mobile repair industry is expanding too because repair work is generally cheaper than procuring new devices. 
4. The rising e-waste management concern opens doors to both governments and consumers to consider refurbished phones in their choices, thus widening the market. 
5. E-commerce will facilitate the mobile sales process, enabling easy online buying, selling, and repair. 
6. The near-zero investments and high-profit margins in the industry make it an attractive opportunity for entrepreneurs.

Document Required for Franchise/Product Setup

The following are the requirements that need to be met to open up a QuickMobile franchise: 

1. Business Registration: GST, trade license, legal documents.
2. Identity Proof: Aadhar card, PAN card, or passport.
3. Financial Proof: Bank statements to show investment capability.
4. Lease Agreement: If renting a store space.
5. All documentation must be verified before finalizing the franchise agreement.

How to Apply for the Franchise/Product Investment

Simply inquire to start the QuickMobile franchise application process:

1. Inquiry Submission: “When someone expresses interest via QuickMobile’s website,”
2. Application Review: The franchise team verifies eligibility.
3. Approval & Documentation: Document verification by submitting other documents.
4. Franchise Agreement: Sign the contract and remit fees as required.
5. Training & Set-up: As told by QuickMobile, training and store set-up are then done. Launch & Operations: Sell, repair, and earn.

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Frequently Asked Questions (FAQs)

1. What is the entire investment needed to set up a QuickMobile franchise?

The entire investment required to set up a QuickMobile franchise range between INR 8 and 10 lakh. This would include the franchise fees, setup expenses for the store, inventory, and marketing costs.

2. What amount of area is needed for the franchise?

The franchise will require a minimum of 150 sq. ft. to 300 sq. ft. to set up either in a retail shop or a kiosk model as per location feasibility.

3. What margin can be expected from this business?

The margin ranges between 20-25% for a QuickMobile franchise as it is an extremely profitable business. If the franchisee sells about INR 80,000 monthly, he could recover the cost quite comfortably.

4. What is the time needed to break even and recover the investment?

The investment made by most franchisees is generally recovered in 12-18 months depending upon the location, marketing efforts made and customer flow.

5. Do I need technical knowledge or experience to run a QuickMobile franchise?

No, technical experience is not mandatory when you start a QuickMobile franchise because they give full training on mobile repairs, sales as well as customer service to make running the business smoothly for franchisees and staff members alike.

6. To what extent does QuickMobile support the franchise-partners’ operations?

QuickMobile, among other things:

• May assist with business setup and store design
• Staff and franchisee training
• Digital marketing and promotions
• Inventory price and supply support
• Operational direction for seamless business flow.

7. Where can I get refurbished mobile phones to stock in my store?

QuickMobile has a legitimate replenishment chain for refurbished and second-hand used mobile phones for franchise partners. These phones are quality-tested and certified.

8. What can I offer in my business as a franchisee of QuickMobile?

As a QuickMobile franchisee, you will offer:

• Buying and selling used mobile phones
• Repair and maintenance service
• Sales of refurbished devices
• Mobile phone accessories and addon services

9. Is there a commission on sales earned or a royalty fee?

Yes, there is a 5% royalty on total revenue generated monthly, paid to the franchisee. This goes to brand support and operation assistance including maintenance of software.

Conclusion

Start a QuickMobile franchise if you’re determined to invest in the fastest-growing business of mobile resale and mobile repair.

This scenario records a constant high demand for second-hand or refurbished mobile phones because an increasing number of people go for upgrading their smartphones cost-effectively. Besides, mobile repair services are to be performed always, thus, providing a continuous stream of customers.

QuickMobile franchises are generally given a proven business model and an already-built brand to offer clients a variety of services. Providing a lesser initial investment and higher profit margins, it is an attractive venture for new to experienced entrepreneurs.