INR 30 Lac - 50 Lac
Investment Range
1200 - 1200 Sq.ft
Area Required
Less than 10
Franchise Outlets
2018
Establishment Year

OPEN BOX INC Products and Services


OPEN BOX INC PRODUCTS AND SERVICES

Open Box Inc. is a high-growth start-up based in Delhi establishing pan India presence through its franchise, business associate, retailer, and customer network.  Aspiring to be India’s largest business-to-business and business-to-consumer re-commerce platform for consumer electronics and large appliances categories.

Never Owned is a premium brand associated with the re-commerce of branded Electronics and other household items which either have been directly procured from the OEM under excess inventory, transit damage, or surplus category or unboxed items returned by the customers on leading e-commerce portals like Flipkart and Amazon

These items have never been owned by anyone and are unused but may have their packaging boxes opened. We have an extremely efficient procurement channel to source such items at large scale from OEMs and e-com portals, with nationwide distribution through company-owned outlets, franchises, business associates.

Our Vision

Transform the way open-box trade and retail are done in India by leveraging technology.

OPEN BOX INC Cost and Investment


Commenced Operations

Operations commenced on
2018
Franchise commenced on
2023

Franchise Details

UNITS

Investment
INR 30 Lac - 50 Lac
Franchise/Brand fee
200000
Royalty/Commission
0%

Details

Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
50%
Likely payback period
2-3 Years
Other investment requirements
Na

OPEN BOX INC Expansion Plans


NORTH

Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttar Pradesh, Uttarakhand,

SOUTH

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana,

EAST

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Sikkim, Tripura, West Bengal,

WEST

Goa, Gujarat, Maharashtra, Rajasthan,

CENTRAL

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh,

UNION TERRITORIES

Andaman & Nicobar, Chandigarh, Daman & Diu, Lakshadweep, Pondicherry,

OPEN BOX INC Property Requirements


Type of property required for this franchise
Commercial
Floor area requirement
1200 - 1200 Sq.ft
Preferred location of unit
North and East India

OPEN BOX INC Training


Training location
Company Outlet (Delhi, Lucknow)
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes

OPEN BOX INC Agreement Details


Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes

Interested in above brand? Submit your interest here.

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About Franchise Times

Who We Are?

Franchise Times was promoted by professionals with over 25 years of hands on experience in Franchising. The foundations of Franchise Times were laid to assist entrepreneurs from start-ups, SMEs NGOs and corporates to develop sustainable franchise networks. Our multi-disciplinary and tested approach ensures that the appropriate talent and experience are applied at every stage of our work to ensure our clients' business needs are served professionally and in a cost effective manner.

At Franchise Times our success is measured by the growth of our clients' businesses. Within a decade of operation we have created over Rs. 5 million worth of enterprise value for our clients. We've advised over 200 networks and established multiple franchised network locations in India and abroad. We know exactly what it takes to grow a business - many of our clients have come to us with a single location and we've assisted their expansion to India and abroad.

Franchising is a wonderful way to go into business for yourself, but not by yourself. Franchising is an example of teamwork at its best, bringing together talents of a dedicated professionals and management team with hard work, zeal and entrepreneurial spirt of franchisees at the local level to serve our customers.

What We Do?

Franchise Times can help you expand your network in existing and new markets (globally), acquire new clients and increase your revenue, all at a substantially reduced costs.

At Franchise Times we follow an innovative approach that offers customized solutions to meet your specific needs in franchising. Staffed with professionals in sales, marketing, logistics and legal who are well empowered and phone-productive, we bring transformational rewards to your business.

Our offering include

  • Franchise Opportunities
  • Buisness Consulting
  • Digital Consulting
  • Awards and Events