UpCharge
franchising
Embrace the swiftest journey from concept to market with our power bank sharing platform. Discover the potential of partnering with UpCharge for your business success.
Why franchising?
quicker growth.
With the franchising model UpCharge becomes way more scalable with the ability to conquer and monopolise new markets to become a market leader and a default choice for millions of people around the globe.
UpCharge provides its franchisees with active support and help in the operations. What to do? Where to start? We got you. Leave the technical questions to us.
Single user base and branding
Under a single user base and brand we can create a truly recognisable business focusing on the word of mouth and having marketing done to benefit the whole network.
economies of scale.
Through economies of scale UpCharge can receive greater brand awareness, cut relative cost of stations, power banks & R&D. Together we can also improve customer satisfaction by sharing the user base providing larger geographic coverage.
working business.
UpCharge has proven and working business model. We have the software, we have the hardware. Why not get in? UpCharge provides franchisees with low risk and high demand solution, which is ready to make some serious money. Together with franchisees we can bring scale to the equation and grow together.
What our franchisees say?
“just wanted to give a quick shoutout to our franchiser - you guys have been amazing! Your support and guidance have been a game-changer for our business. Thank you!”
— David Bukovski, Budapest 🇭🇺
get started as upcharge franchisee
UpCharge is a power bank sharing platform providing convenient, on-the-go charging solutions to smartphone users worldwide. With the pandemic subsiding and mobile charging solutions becoming increasingly necessary, the European market offers a unique opportunity for UpCharge to become a market leader. Franchising allows rapid expansion, leveraging local knowledge, economies of scale, and shared R&D efforts.
What upcharge offers?
UpCharge franchisees receive around 80% of net revenue, 24/7 help and support, tools for internal use, access to our app and consumer software, customer support, technical maintenance, liability insurance, a shared user base, and continuous R&D. Responsibilities include adding new venues, representing UpCharge, maintaining stations, and financing station purchases.
Fees & costs
Franchisees pay a 15% franchising fee, technical maintenance fee of 3 € per station, 0.25 € payment processing fee per transaction, and cover station costs. Referral fees apply when stations are deployed in referred locations. Fees are subject to renegotiation if underlying costs change significantly. Franchisee also covers the cost of hardware.
tools
Franchisees have access to tools for managing rents, users, support tickets, reports, venues and stations, and pricing. Upcoming features include a venue app, analytics and BI tools, and a loyalty program.
FAQs
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The initial costs for starting an UpCharge franchise include station costs (base station, touch screen, payment terminal, and power banks) and any shipping expenses. Monthly fees include a 15% franchising fee, 3 € technical maintenance fee per station, and a 0.25 € payment processing fee per transaction.
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As a franchisee, you'll receive 24/7 help and support, access to tools for internal use, customer support, technical maintenance, and continuous R&D. UpCharge is committed to providing ongoing assistance, from technical questions to operational guidance.
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Franchisees receive around 80% of the net revenue generated by their stations. The actual revenue depends on factors such as the number of stations, the locations, and the level of customer engagement.
For example :
Let’s say you have a 1000 stations, generating 1 rent per station every day. If the average rental revenue is 3 € you can expect to generate 1 080 € annually per station. Of this UpCharge takes a flat 15% fee + 0,25 € per rent for payment processing + 3 € / month per station in maintenance fees. Thus after fees a station would generate 852 € annually after fees.
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Franchisees are responsible for adding new venues to the network, representing UpCharge in their geographic area, maintaining stations in case of emergency, and financing the purchasing of stations.
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UpCharge will provide guidance on selecting the best venues and locations, leveraging local knowledge and market insights. It's crucial to choose high-traffic areas with good visibility and accessibility for customers.
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The setup time depends on factors such as station procurement, venue negotiations, and installation processes. Once you've secured the necessary equipment and locations, setting up the stations and launching your franchise can be relatively quick.
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As a franchisee, you'll have access to a suite of powerful tools and processes designed to help you manage and grow your business effectively. These tools include rent and user management, support ticket handling, report generation, venue and station management, and pricing customization.
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Franchisees only startup cost is covering the cost of hardware. Cost of UpCharge stations varies on the amount of stations you are looking to deploy. Getting started costs from 150 € per station plus 12 € per power bank.
Book a meeting with us
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