A tea franchise allows you to build a business that’s both personal and scalable. The global market for specialty tea is expected to grow to over $9 billion by 2023. India’s tea market will grow by 4.2% annually within 2023-2028. Tea Time has 3500+ outlets across India.
Starting with Mr. Tea
If you want to serve tea with love, a Mr. Tea franchise can be a good option. Mr. Tea was established in 2021. It’s a company that offers franchises to anyone interested in starting a franchise in a different Indian city. Mr. Tea is naturally antioxidant-rich to protect you from free radical damage.
With a P56,000 franchise fee and P299,000 total investment, you can have a milk tea brand with great social media presence, proven operations, and inclusive management. To open a tea franchise proprietorship, an individual’s PAN card and trade license from the local authority are required. FSSAI registration and fire license are also needed. The shop owner will create a shop name and get a GST number.
Investment in Tea Time and Tea Post
A Tea Time franchise in India requires an investment of INR 4-5 lakh. This covers the brand fee, marketing fee, and start-up kit. Tea Post has basic and premium franchise models.
-
Basic Model
- Cost: Rupees 15 lakhs
- Space: 100 square feet
-
Premium Model
- Cost: Rupees 35-40 lakhs
- Space: 1000 square feet
Costs and Fees:
Tea Post charges 40% for supplied raw materials, 5% royalty plus 18% GST weekly on gross sales, and Rupees 10,000 quarterly.
Tea World Franchise
The low-budget Tea World franchise from the company covers interior design, kitchen equipment, and signboards. It installs branded fridge, freezer, oven, and other appliances. Furniture is also supplied. The company supplies quality ingredients to outlets.
-
For a Ding Tea franchise:
- Information not provided.
-
For a Sharetea franchise:
- Information not provided.
Please note that the text provided did not contain the cost specifics for opening Ding Tea and Sharetea franchises, so those pieces of information could not be formatted into the summarized Markdown text.