Upgrade Your Life While You Upgrade Tech In the Ever-Growing World of Technology Resale
Watch our Brand Overview
The Franchise That Runs On Tech. Literally
BuyBackX Store’s groundbreaking buy, sell, and trade model is taking the electronics industry by storm with a unique value proposition involving community storefronts for customers to sell used devices and buy Certified Pre-Owned devices. Customers receive instant buyback values in person, while franchisees enjoy 24/7 sales through a 70% online presence. With easy-to-use proprietary software powering the backbone of the BuyBackX Trade In System, launching your franchise is built for success.
Upgrading Across the Country. Everywhere
BuyBackX Stores has three locations in New York and nearly 50 units in development across the US, Canada, and Europe. Despite BuyBackX Store’s rapid expansion, there are still many growth opportunities available. BuyBackX is seeking resourceful and ambitious entrepreneurs to join in our expansion of powering up across the nation!
Capitalize on the $1 Trillion+ of Unused Tech Sitting In Homes
$1 Trillion + Unused Tech In Homes
$2,000+ Unused Tech in Average Home
2+ Unused Devices in Average Home
$200 Billion+ Second-Hand Electronics Market
This untapped potential is driving the booming second-hand electronics market, which is currently valued at $200 Billion+ and projected to reach $300 Billion+ by 2030.
Investing your future in a BuyBackX Franchise allows you to capitalize on this rapidly growing market. By offering your local community a convenient way to buy, sell, and trade in their unused electronics, you can turn that unused tech into profit and because a leader in the tech industry.
The Resale Revolution
BuyBackX Stores have seized a massive opportunity in the consumer electronics market. By focusing on buying and selling, instead of repair, the concept taps into the ever-growing demand for Certified Pre-Owned devices which are affordable and high quality. This unique offering resulted in a business model with massive franchise growth and potential
The Numbers Are Out of This World
Affiliate Operated
Huntington, NY
*Gross Sales
Franchise Operated
Astoria, NY
*Gross Sales
Franchise Operated
Seminole, FL
*Gross Sales
Affiliate Operated
Huntington, NY
*Gross Sales
Franchise Operated
Astoria, NY
*Gross Sales
Franchise Operated
Seminole, FL
*Gross Sales
Why a BuyBackX Store?
- Recession Resilient
- Start Up & Running Costs
- Quality of Life
- No Supply Chain Challenges
- Proprietary Technology
- Green Sustainable Business
The BuyBackX Story
BuyBackX is a new franchise opportunity, but not a new business model. BuyBackX is the brainchild of Andreas Leptourgos, the co-founder of the leading online trade-in solution, BuyBackWorld.
After 15 years of pioneering the industry and building custom buyback solutions for Fortune 500 Companies across the United States, Andreas decided it was time to bring the buyback industry full circle and engage customers with physical store locations.
The unique value proposition provides immediate buyback payouts to customers in store, while allowing franchise operators to benefit from a 24/7 online presence.
With over $100 million plus of used electronics bought and sold, multiple Inc 500 Fastest Growing Company appearances, and every publication possible under his belt, Andreas Leptourgos feels confident he can provide you with a winning formula to upgrade tech in your local community, while upgrading your life at the same time.
Operational experience in business is a plus, but not required assuming a professional Director of Operations will be part of your team. Prospective Franchisees must meet the minimum requirements below to be considered for a BuyBackX franchise.
- $300K net worth*
- $200k liquid capital available for investment*
- Minimum 1 units for development (depending on territory)
- Ready to begin development within the next 2-6 months
- Ready to grow a multi-unit territory in a major U.S. or international area
*Financial requirements may be met through investment partners. For further information on the financial requirements, please review our Franchise Disclosure Document (FDD) in full.
Start-Up Costs: $134,750 - $356,500
Franchise Fee
$30,000
Royalties
The greater of 5% of the Gross Sales or $1,000 per calendar month
World-Wide Creative Fund
1% of Gross Sales
Local Store Marketing
2% of Gross Sales
Multi-Unit Development Fee
100% of the initial franchise fee for first three stores, plus deposit of 50% of the initial franchise fee for each additional store
Technology Fee
1% of Gross Sales
Why It Works
Inside a BuyBackX Store, the design is clean, modern and upscale, reminiscent more of a luxury boutique, rather than a secondhand electronics location. This welcomes your customers to make them feel safe and secure to buy and sell, while also invites your local communities to welcome you with open arms as a green, sustainable business.
Our Store designs are simple and efficient with minimal build out requirements. We provide you with all of the design, cabinets, and counters to efficiently use your space and maximize your customer’s shopping experience.
Advantages for Franchisees
- Prime destination appeal, with no need for A+ sites or complex appliances such as cooktops, hood vents, fridges, etc
- Flexible store sizing ranges from 500-1,500 sqft
- Rapid, cost-effective build outs
Franchisee Support & Advantages: In Business For Yourself, But Not By Yourself
By joining the BuyBackX Franchise Family, you gain access to services and training opportunities tailored to help you thrive as a new or established small business owner and entrepreneur.
Every store owner receives personalized and continuous corporate support, which includes access to manuals, training, marketing resources, and a financial model. Additionally, our experienced corporate operations and technical teams provide ongoing, day-to-day operational assistance. Franchisee support includes:
Real Estate & Site Selection
Guidance and support in selecting the location for your store, leveraging market insights and strategic considerations to maximize your potential for success.
Store Build-Outs / Fixtures
Assistance throughout the construction and design process, ensuring that your store reflects the brand's identity while optimizing functionality and visual appeal.
World-Class Training Modules
Comprehensive training programs and modules cover every aspect of running a store, from customer service excellence to effective operational practices. These programs ensure that you and your team are confident and well-prepared to deliver a superior experience to your customers.
Operational Support 24/7
Ongoing guidance, coaching, and support from industry veterans to help you enhance your front and back-of-house operations.
Dynamic Tech Stack
A modern proprietary POS System and access to advanced tools for inventory management, loyalty, e-gift cards, scheduling, loss prevention, and customer sentiment.
Strategic Marketing & Branding Expertise
Expert marketing strategies and PR initiatives designed to enhance brand visibility, attract customers, and cultivate a loyal following within your local community.
Proven Business Model
The success is in the numbers. We take the guesswork out of buying and selling so you can focus on delighting your customers.
Pre-opening and Grand Opening Support
From start to finish, your success is our success so we make sure you’re always in the loop – from Discovery Day until Ribbon Cutting Day - and every day in between.
On-going Support from Franchisee Network
We’re rooted in delivering long-term excellence to our customers and providing communities with premiere buying and selling destinations so we make sure you get it right at every step along the way.
Your BuyBackX Store Franchising Future Starts Here
Whether you are ready to invest or get started, take the next step with us. We will guide you along your franchising journey to upgrade your life.
This website and the franchise sales information on this site do not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document (FDD). Certain states require that we register the franchise disclosure document in those states. The communications on this website are not directed by us to the residents of any of those states. Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the franchise disclosure document to the prospective franchisee in compliance with applicable law.
*$1,037,757 is the average gross sales in 2024 for our 2 company-owned locations. Individual results may differ. Please refer to Item 19 of our Franchise Disclosure Document for more information.