Tea Boy Franchise Cost, Profit & How to Get Started in 2024

As in every part of India, tea is thriving but as far as Goa concerned Tea Boy appears on top as one emerging fast-growing franchise. With not compromising the quality as well as providing service in a jiffy model, Tea Boy serves different types of teas that suit to all varied Age groups along with quick bites and snacks. Launched with the idea to cater to quality tea for all, the Tea Boy Franchise has grown across most states in India and has become a popular destination for many who enjoy this beverage.

About Tea Boy

Tea Boy redesigned the classic tea experience but in a modern way for today’s consumer. Based on the principles of high quality, consistency, and customer satisfaction, Tea Boy caters to one and all with variety- from classic chai (tea)to flavored teas to iced teas along shrubs/ appetizers. The brand has created its own market in the exponentially growing tea enterprise by delivering a fusion of Indian Tea authenticity together with a quick service model.

Key Details of the Tea Boy Franchise

Key Details of the Tea Boy Franchise

Brand Name: Tea Boy

Industry: Quick-Service Restaurant (QSR) and Beverage Sector

Number of Outlets: 550+ across India

Franchise Cost: ₹5 to ₹6 lakhs

Profit Margin: 30% to 50%

Space Required: 200 to 400 sq. ft.

Official Website: https://teaboyfranchise.com/

Tea Boy Product Range

Tea Boy is a popular tea brand known for its wide range of products and elegance, which suits different tastes:

Chai: Indian tea made on milk, or you may describe it as mixed in with cream (go create some confectionery vahi) and well stewed.

Flavored teas:  Only Masala, Ginger & Cardamom(Spicy) Flavoured teas

Iced Teas: A contemporary concoction of chilled teas in flavors galore.

Short eats or Snacks: varieties of quick bites, like samosas and sandwiches, go well with tea.

Tea Boy has become the go-to choice by many tea lovers for a tingling cup of refreshing hot beverage due its the quality ingredients on top that it consistently serves.

Tea Boy Franchise Models

There is mainly one franchise model to choose from Tea Boy, one being the semi INR 3-5 Lac and Easy (no cooking) model for you if must want to cook with low investment i. e., at a minimum cost of nearly 30 Lacs With tax):

Unit Franchise Model: For high-footfall spots like malls, shopping centers & public transport hubs Kiosk Model —Small in size, less space required, and low investment —ideal for people who wish to start the business with a small setup.

How Much Does the Tea Boy Franchise Cost?

How Much Does the Tea Boy Franchise Cost?

Starting a Tea Boy franchise involves several costs that franchisees must consider. The total investment typically ranges from 5 lakhs to 6 lakhs, covering various aspects of setting up and running the franchise.

Franchise Fee: The franchise fee is Rs 1 to 2 lakhs, it is the initial cost which includes signing a contract to use the brand name (Tea Boy), recipes, and operational guidelines.

Infrastructure Investment: Interior, furniture, and fixture cost of the outlet would be INR 2 lakhs

Equipment Expenses: Around 1 lakh tea vending machines, kitchen, and POS Systems

Initial Inventory: The products that are to be sold will cost 1 lakh in any provincial inventory for snacks (tea leaves) and other disposable goods

Other Costs: Marketing costs, Staff salaries, and utility deposits to be around 1 lakh – 2 lakhs

Total Tea Boy Franchise CostBetween 5 to 6 lakhs
Franchise Fees1 to 2 lakhs
Infrastructure Investment2 lakhs
Equipment Expenses1 lakh
Other Costs1 to 2 lakhs
Royalty FeesZero
Franchise Agreement Term5 to 20 years

The Tea Boy franchise cost is relatively affordable, making it an attractive investment opportunity in the rapidly growing beverage industry.

Tea Boy Franchise Profit Margin and Return on Investment (ROI)

Because the cost of goods is so low and tea will always be in demand, Tea Boy franchises tend to have very lucrative profit margins. Operating profit margins on sales range from 30% to 50%. Brand Assures Franchisee can earn 1.8 lakhs per month. Depending on the location, management, and marketing efforts of a franchisee it usually takes 6 to 8 months for ROI.

Profit Margin30% to 50%
Profit Per Month1.8 lakhs
ROI Period6 to 8 Months

The robust presence of the brand, along with a stable customer base and an operational model are sure to drive profit for your local Tea Boy franchise. Franchisees who judiciously select locations and operate their outlets well can realise very good returns.

Space Requirements

Tea Boy franchises require a modest amount of space, which makes them versatile in terms of location options. The space requirements for a Tea Boy outlet typically range from 200 to 400 square feet. This space should be sufficient to accommodate:

Tea Corner: A small practical area for preparing tea and snacks with space for equipment to make, and use a storage.

Customer Serving Area: Customer Service Area (including a serving counter and narrow seating area, depending on the model)

Cafe model: Seating Area Only spacious enough to include the seating of customers and have social comfortable spaces for tea enthusiasts as they sip their authenticity.

The strategic use of space is crucial for maintaining a welcoming atmosphere while ensuring smooth operations.

Benefits of the Tea Boy Franchise

Benefits of the Tea Boy Franchise

Investing in a Tea Boy franchise offers numerous benefits, making it an attractive option for aspiring entrepreneurs:

Brand Name: Tea Boy is a brand that people trust, you are not starting up your business from point zero which means you would be having the taste of customers right on day 1.

Training, Marketing, and Operational Support: Tea Boy also offers comprehensive support to its franchisees in terms of training, marketing assistance as well operational guidance ensuring the success of your Franchise business.

Reduced Expenses: Franchises generally benefit from lower costs of goods, boosted by good operations practices and great cost control.

High Demand: Tea is a staple in India and the demand for quality tea is always high thus providing regular business to your Tea Boy franchise.

Diverse Franchise Models: The availability of franchise models ensures that a prospective business owner can start as per his investment kitty and other intentions.

Growth: They can grow their business by opening more Tea Boy outlets in different areas.

These benefits make Tea Boy a compelling investment opportunity for those looking to enter the food and beverage industry.

Documents Required for Tea Boy Franchise

To start the process of becoming a Tea Boy franchisee, certain documents are required. These include:

Franchise Agreement: A contractual document detailing the business relationship between a franchisor and franchisee

Proof of Identity: Scanned copies of Aadhar card/PAN card )

Business Registration: GST registration, Business PAN card & other business-related document.

Financial Documentation: Tea Boy reserves the right to request financial documentation at his sole discretion including but not limited to most current savings and/or bank account statements, including all account pages and details of how you intend or are funding your GCC trip.

NOC (Local Authorities): NOC from a municipal corporation or panchayat as applicable.

Lease Agreement:  In a situation where the franchise outlet is on leased property, you should include an additional copy of your lease with this obligation.

These documents are necessary to ensure compliance with legal and operational standards and to establish a clear and transparent partnership with Tea Boy.

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How to Apply for a Tea Boy Franchise?

Applying for a Tea Boy franchise is a straightforward process that involves several key steps:

  1. Contact Tea Boy: Begin by reaching out to Tea Boy through their official website or contact number. Express your interest in becoming a franchisee and request detailed information.
  2. Submit Details: Fill out the franchise inquiry form with your personal and business information, including your preferred location for the franchise.
  3. Documentation: Gather and submit all required documents, including identity proof, business registration, and financial statements.
  4. Evaluation: Tea Boy’s team will review your application and conduct due diligence to ensure that you meet their criteria for franchise ownership.
  5. Franchise Agreement: Upon approval, you will be required to sign the franchise agreement, pay the franchise fee, and begin the process of setting up your outlet.
  6. Training and Setup: Tea Boy provides comprehensive training to ensure you are well-equipped to run the franchise. They will also assist with the setup of the outlet, including design, equipment installation, and initial inventory.
  7. Launch and Support: Once your outlet is ready, Tea Boy will provide ongoing support in terms of marketing, operations, and customer service to help you achieve success.

Conclusion

In Conclusion, Tea Boy Franchise Cost, Profit & How to Get Started in 2024. The Tea Boy endeavors to ease your business expansion by entering the ever-growing tea market of India through a promising investment in our chain named, Tea Boy franchise. The Tea Boy offers a solid brand with wide support and a proven business model, helping franchisees gain good incomes. business owner or someone who is starting to get his hands into entrepreneurship, Tea Boy Franchisee definitely offers great returns and satisfaction for investment due to the deep desi roots India was/got from British in losing fabulous heritage

FAQs

What is the building cost of a Tea Boy franchise?

The initial investment is from ₹5 lakhs to cover setup costs, equipment, and operational expenses so on converging into a total of ₹6 Lakhs.

When do I Get a Return on my Investment with Tea Boy Franchise?

franchisees can expect to recoup their investment in 6-8 months, depending on location and how well sales are going (with the help of store analysts who alert them if it appears numbers aren’t as pretty as they could be).”

How does Tea Boy help its franchisees?

Its franchise model is designed such that it includes training, marketing support, and operational guidelines along with ongoing assistance to its associates for successful growth in business.

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