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Tea Time Franchise Cost and Financial Analysis in 2024

franchise91.com
Last updated: 2024/05/03 at 2:42 PM
franchise91.com Published April 26, 2024
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Opportunity To Build Your Own Business With Tea Time Franchise

TEA TIME stands as a key tea brand in India, boasting a network of tea establishments offering a variety of TEA, COOLERS, and SHAKES at affordable rates.. The food and beverage industry is booming and this Deepak Salagundla founded the company in 2017 is industry is less risk prone The company is headquartered in Hyderabad.The Best Opportunity is now to To Build Your Own Business With Tea Time Franchise .Tea Time has over 3800 outlets, with unit franchises located in various states across India and Nepal. Additional unit franchises are planned for expansion into new regions within India. Very Good Franchise Profit from TeaTime Profit Margin: 40% to 80% Payback Period: 5 to 10 months Product Prices: Rs.15 (dum tea) to Rs.99 (premium milkshakes)

Contents
Opportunity To Build Your Own Business With Tea Time FranchiseHow much does a tea time franchise cost : Quick SummaryHow to Start Tea Time Franchise In India  in 2024Tea Time Group Franchise Business Opportunity -SummaryTea Time Franchise Location:Product and Services Given to Franchise TEA TIME FRANCHISE COST & INVESTMENTDocuments needed to acquire a Tea Time franchiseFranchise Model of Tea TimeIs a tea time franchise profitable for new FranchiseTEATIME Franchise MenuREQUIREMENTS AND QUALIFICATIONS FOR A TEA TIME FRANCHISESupport by TeaTime Management for Franchise Master Franchise Opportunity with Tea Time GroupTEATIME Support for Franchise Contact USTop 10 Chai Franchise in India: Cost & Process May 2024

TeaTime has swiftly gained recognition through organic Word of Mouth within the tea and wellness circles. We are Tea Board of India affiliate and we source premium tea leaves meticulously selected by expert tasters from around the world .Each and Every blend is meticulously curated to deliver an unparalleled tea-drinking experience and respecting the passion and devotion to tea.

How much does a tea time franchise cost : Quick Summary

How to Start a Tea Time Franchise

Affordable Franchise Opportunity for Middle-Class Entrepreneurs:

  • Total Investment: Just ₹5 Lakhs to Start a Tea Time Franchise Unit
  • Franchise Fee Includes: Marketing Support and Complete Startup Kit
  • Startup Kit Contains: Movable Equipment like Refrigerator, Deep Freezer, Stoves, Utensils, etc.

How to Start Tea Time Franchise In India  in 2024

The Tea Time franchise model has a royalty fee set up and franchisees are required to pay 3% of their revenue as royalty. This Royal is capped at maximum of Rs. 9,000 per month. This ensures that the royalty payments remain reasonable and do not place an undue financial burden on the franchisees, allowing them to focus on growing their business while contributing to the overall success of the Tea Time brand.

Company Registered Name :DESI TEA TIME PVT LTD

Established Year: 2017 in Hyderabad

Business Model:FOFO Franchise Owned Franchise Operated

Menu Veg Area:180 Sq.Ft

Investment:5 Lakhs Franchise Outlets:900

Tea Time Group Franchise Business Opportunity -Summary

Business SegmentTea & Java
Store Space Requirement100-200 Square Feet
Revenue SplitFixed 100%
Capital InvestmentINR 2 Lakhs – INR 5 Lakhs
Return on Investment6-12 Months

Tea Time Franchise Location:

  • 3,900+ Franchise in India across States and Cities
  • Presence in Andhra Pradesh, Telangana, Tamil Nadu, Kerala, Maharashtra, Gujarat, Madhya Pradesh, Uttar Pradesh, Manipur, Karnataka, Rajasthan, Puducherry, Delhi, Haryana, Odisha, Uttarakhand, Bihar, West Bengal, and Nepal
  • Expanding to other parts of India with plans for additional unit franchises

Product and Services Given to Franchise

Here are the key points in a bullet-point format:

Outlet Branding and Signage:

  • Outlet Name Board and Lollipop Board installed by Tea Time Professionals

Interior Branding:

  • Menu Board
  • Photo Frames
  • Foam Board
  • Eco Solvent Vinyl

Kitchen Equipment and Supplies:

  • Fridge
  • Deep Freezer
  • High Pressure Stove
  • Induction Stove
  • All necessary equipment
  • Initial stock provided

TEA TIME FRANCHISE COST & INVESTMENT

Lets look into Tea Time Group Franchise offers in revenue sharing, investment details, and ROI .

Here is the information presented in a tabular format with a more positive tone and unique words:

ParticularsDetails
Commencement of Operations2017
Franchise Commencement2017
Franchise Details
Units–
InvestmentINR 2 lakh – 5 lakh
Franchise/Brand FeeINR 2,000
Exclusive Territorial Rights for Unit FranchiseeYes
Performance Guarantee to Unit FranchiseeYes
Anticipated ROI100%
Likely Payback Period0-6 Months
Detailed Operating Manuals for FranchiseesYes
Franchisee Training LocationFranchisee or Head Office
Field Assistance Available for FranchiseeYes
Expert Guidance from Head Office for Franchise SetupYes
Franchise Agreement Details
Standard Franchise AgreementYes
Franchise Term5 Years
Term Renewable–

Profit margins vary between 40% and 80%, with an average paybackbetween 5 to 10 months. The product prices are set reasonably, starting from Rs.15 for dum tea to Rs.99 for premium milkshakes.

Documents needed to acquire a Tea Time franchise

  • Identification Verification
  • Residential Confirmation
  • Financial Records
  • Business Proposal
  • Franchise Registration Form
  • Confidentiality Contract
  • Commercial Premises License
  • Tax Registration / Trade Permit

Franchise Model of Tea Time

Here is the information presented in a tabular format with rephrased and concise points:

ParameterCasual Dining OutletTakeaway Outlet
Franchise ModelCasual DiningTakeaway
Space Requirement250 sq. ft.100 sq. ft.
Franchise FeeINR 425,000INR 425,000
Marketing CostBrand-DrivenBrand-Driven
Total InvestmentINR 425,000INR 425,000
Monthly RoyaltyINR 2,000INR 2,000
Ownership ModelFOFO (Franchise Owned, Franchise Operated)FOFO (Franchise Owned, Franchise Operated)
Staffing2 Employees2 Employees
Rent AnalysisDepends on the Potential of the AreaDepends on the Potential of the Area
Initial Raw Material CostIncluded in Total InvestmentIncluded in Total Investment

Is a tea time franchise profitable for new Franchise

Benefits of owning a Tea Time franchise in India Answer is Very HIGH PROFIT MARGIN

Profit margin ranges anywhere between 40% to 80%.

Amazing fact is The average payback period is from 5 to 10 months

TEATIME Franchise Menu

Here is the menu with very concise descriptions:

Tea TypeDescription
DUM TEARich brown tea with milk crown, flavored with dry ginger and cardamom, a favorite.
LEMON TEADecoction blended with organic mint and a touch of magic.
Kullad TeaEarthy clay cup enhances the rich Indian spiced tea experience.
MASALA TEASecret spiced blend to rejuvenate the senses.
GREEN TEASpecial Asian blend for a flavorful tea experience.
GINGER LEMON TEARefreshing fusion of lemon and invigorating ginger.
Tea FlaskHygienic, portable, and heat-retaining tea flask.
Ginger TeaSeductive blend of tea, sugar, and ginger slices.

REQUIREMENTS AND QUALIFICATIONS FOR A TEA TIME FRANCHISE

Franchise Requirements in Brief:

Outlet Specifications:

  • Minimum 100 sq. ft. space at a prime location (near colleges, bus stops, highways, hospitals, IT campuses, etc.)
  • Water connection, tile flooring, kitchen partition, and outlet counter

Staffing:

  • Minimum 2 trainable staff members

Qualifications:

  • Meet the financial and managerial criteria set by Tea Time franchise
  • Provide documents like Aadhaar card, bank details, rental agreement, etc.
  • Fulfill the space, outlet, and staffing requirements

Support by TeaTime Management for Franchise

  • Guidance in Identifying Optimal Outlet Locations
  • Comprehensive Startup Package
  • Inventory for Crafting the Signature Menu
  • Operational Expertise and Backing
  • Foundational Management Training
  • Ongoing R&D and Innovations
  • Marketing and Promotional Support
  • Leveraging the Esteemed Tea Time Brand Identity

Master Franchise Opportunity with Tea Time Group

  • Franchise Fee: Rs. 50 Lakhs – Rs. 75 Lakhs
  • Infrastructure Investment: Rs. 50 Lakhs – Rs. 75 Lakhs
  • Commission/Revenue Sharing: Flat 100%
  • Master franchisee will be able to generate income through own stores with reduced royalty and franchise fees as it own Master Format
  • Master franchisee is eligible for a share of franchise fees sold in territory
  • Master franchisee has a share in monthly royalty paid by each franchisee to the franchisor
  • master franchisee’s own multiple units
  • Tea Time franchise is now in 22 states thus they benefiting both franchise owners and brand owners
  • Tea Time has successful master franchisees in 9 states, achieving ROI within 12-14 months on 85% of the cases

TEATIME Support for Franchise

All the information are provided based on latest data of March 2024

Support OfferedEntrepreneurial Assistance
Outlet Selection AidComprehensive Startup Package
Menu Development SupportOperational Guidance
Management TrainingUpdates on Research & Development
Marketing & Advertising SupportUtilization of Brand Trademarks & Slogans
Agreement Duration5 Years
Profit Margin50%
Master Franchise Availability in 2024 Yes, for Bangalore, Hyd, Chennai, Pondicherry, Vizag some other cities
Raw Material SupplyProvided by the Brand
Marketing ResponsibilityBrand
Recruitment ResponsibilityFranchisee
Delivery Partner IntegrationUnder Development
Agreement Renewal Fee10%
TrainingProvided by the Brand

Contact US

Reach Us franchise@teatimegroup.com

Desi Tea Time Ltd. Plot No 19, Cyber Pearl, Hitech City,

Madhapur Hyderabad, Telangana, Pin Code : 500081

(+91) 968 566 7676

Top 10 Chai Franchise in India: Cost & Process May 2024

Based on the search results provided, here are the top 10 tea franchises in India for May 2024 in a tabular format with franchise cost:

RankFranchiseFranchise Cost
1Tea Time₹5 lakhs
2Chai Sutta Bar₹16-18 lakhs
3MBA Chai Wala₹20-25 lakhs
4Chaayos₹15-20 lakhs
5Pappu Chaiwala₹8-10 lakhs
6Graduate Chaiwali₹8-10 lakhs
7Tea Trails₹30-35 lakhs
8Darjeeling Tea Boutique₹20-25 lakhs
9The Tea House₹25-30 lakhs
10Chai Tapri₹18-22 lakhs

franchise91.com May 3, 2024 April 26, 2024
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