India is a multi-flavoured hub of the beverage industry and Tea Bench has become cut out as a tastemaker in Indian tea varieties. Tea Bench was founded in 2010 and is based in Banglore while growing steadily to provide a collection of teas that cater for different consumers along with snack variations. By guaranteeing quality and dedicated to innovation, Tea Bench Franchise has already gained popularity in the country on behalf of tea lovers.
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About Tea Bench
Tea Bench is a known name in the tea and snack industry for its culinary art esports, the brand offers an extraordinary range of authentic chai hapachai. Established in 2010, a tea enthusiast who ventured into building his own cafe with the idea to serve unique teas of different blends alongside traditional tea in creative ways. Gradually, Tea Bench kept adding to its physical presence and the brand stands tall with 500+ outlets spread across India. The brand is committed to quality, ambiance, and customer experience which has made it a kind of destination for tea lovers
Key Details of Tea Bench Franchise
Brand Name: Tea Bench
Industry: Tea and Beverages
Number of Outlets: 500+
Franchise Cost: 3.5 to 6 lakhs
Net Profit Margin: 30%
Space Required: 150 to 300 sq. ft.
Official Website: Tea Bench
Tea Bench Product Range
Tea Bench provides a wide variety of tea options as well as snacks that can cater to different types of customers. Their product range includes:
Loose Teas: Classic Indian teas like Masala Chai, Assam Tea Darjeeling Tea, and Nilgiri Tea.
Flavored Tea: Gymnema Sylvestre Body Without Sugar Cardamom Tulsi Mint Mango Lemon Ginger( Youth Booster)
Teas: A variety of health teas such as; Chamomile Tea, Hibiscus Tea, and Detox Tea.
Iced Teas: Peach Iced Tea, Lemon Iced Tea & Berry Iced Team
Complementary: snacks such as samosas, sandwich cookies, or pasta.
The diverse menu ensures that Tea Bench caters to a wide range of customers, from traditional tea drinkers to those seeking new and exciting flavors.
Tea Bench Franchise Models
We serve two types of franchise models to cater to different entrepreneurial needs:
Kiosks Model: This model is built for huge traffic locations like malls, airports, and railway stations. The kiosk model consumes a lesser space and expenditure, so it may prove to be appropriate for people who have never been franchisees before or those of wish to embark on their journey entering into the beverage sector with minimal capital.
Café Model: A stand-alone café that serves a wide variety of teas with seating and get along all Tea & Snacks. This is definitely a larger investment, both in terms of space requirements and straightforward dollar amount but leads to higher sales & profit margins by increasing the customer experience.
How Much Does the Tea Bench Franchise Cost?
Starting a Tea Bench franchise requires careful planning and investment. The initial cost typically ranges from 3.5 lakhs to 6 lakhs, depending on the franchise model and location. The cost breakdown includes:
| Total Tea Bench Franchise cost | 3.5 lakhs to 6 lakhs |
| Franchise Fees | 1.5 lakhs |
| Infrastructure Investment | 2 to 3 lakhs |
| Equipment cost | 1 to 2 lakhs |
| Starting Inventory | 1 lakh |
| Marketing and Promotion | 1 lakh |
| Royalty Fees | Zero |
Infrastructure Investment: 2 to 3 lakhs (Store or Kiosk – Interior + Furniture & Fixture)
Franchise Fee: The franchise fee of ₹1.5 lakhs is paid to the zone for the right to use the tea bench brand name and business format.
Equipment cost: 1 to 2 lakhs Rs. for buying tea brewing equipment, deep freezers cum display counter, and point of sale machines
Starting Inventory: ₹1 lakh (your first stock of tea leaves, ingredients, snacks, and packaging).
Marketing and Promotion: First-level campaign ₹1 lakh including local partner advertising, digital marketing, creation/local purchase of hoardings, etc.
This investment ensures that the franchisee is well-equipped to start operations smoothly and cater to the customer base effectively.
Tea Bench Franchise Profit Margin and Return on Investment (ROI)
The Gross profit margin of a Tea Bench Franchise depends on the location, customer frequency & operational cost and it is up to 60%. Net Profit Margin is around 30% on Sales. With adherence to brand operational guidelines, as well as maintaining high standards of service and quality amongst franchisees, an ROI in 12-18 months is possible.
| Gross Profit Margin | 60% |
| Net Profit Margin | 30% |
| ROI Period | 12 to 18 months |
Hence, quicker ROI and long-term profitability can be fast-forwarded with different prime locations & future planning sustainability that help in keeping customer satisfaction which we will see some factor over here.
Space Requirements
Tea Bench has specific space requirements to maintain the brand’s standards and ensure a comfortable customer experience. The required space varies depending on the franchise model:
Kiosk Model: 150 to 200 sq. of coverage for small high-traffic areas.
Café Model: 250 to 300 sq. and 325 sq ft. — a size that’s perfect for standalone cafes or shop-in-shopping mall outlets, respectively
The yard design should include the following:
Where To Brew Tea: A designated area for brewing tea, complete with all the necessary machines and tools.
Display & Service Area: A neat place where customers can see various types of teas, and get some snacks too with a piece at the counter.
Seating Area (for Café Model): IF you are planning to open a café then here on the peg their should be comfortable seats for customers so that they can enjoy tea & snacks.
Storage area: a secure place to store inventory such as tea leaves, ingredients, and packaging materials.
Benefits of Tea Bench Franchise
Investing in a Tea Bench franchise offers several advantages:
Existing Brand: Capitalize on the existing goodwill and customer base of an established brand, this might help in faster growth & success.
Investment: Tea Bench provides complete technical assistance from training, and marketing to resource worthiness thus making it easy for you as a business owner.
Another type of tea: shoppers have different preferences, so can increase revenues and encourage repeat patronage thanks to the comprehensive product offering.
Multiple Investment Modes: Franchisees have the liberty to invest either in a kiosk model or a café model based on their financial limitations and business goals.
Huge Growth Opportunities: There is massive room for growth in the beverage industry all over urban and semi-urban parts of India due to an increasing trend towards tea cafes.
Documents Required for Tea Bench Franchise
To apply for a Tea Bench franchise, prospective franchisees need to submit the following documents:
Franchise Agreement: It documents the relationship, rights, and expectations of both parties (et al) Franchise agreement: A legal doc with terms & conditions to access/engage the franchisor it describes the meaning of individual’s roles, payment obligations, etc.
Identity Proof: A copy of any government-issued identity document such as an Aadhar card, PAN, or passport.
Company Registration: Proof of Company registration like GST, Trade license, and Business PAN Card.
Financial documentation: bank account statements, tax returns, and proof of funds to verify that one has the money needed to open a business.
Property Documents: Lease agreement or ownership documents of the proposed location for the franchise with NOC from local authorities if applicable.
These documents ensure that the franchise application process is transparent and that the franchisee is legally and financially prepared to start the business.
How to Apply for a Tea Bench Franchise?
The process of applying for a Tea Bench franchise is straightforward and involves the following steps:
First step: Opening the link to the Tea Bench official site or contacting the customer service team of this franchise. By completing a basic inquiry form, you can provide us with your contact information and the ideal franchise model for YOU!
Apply For Franchise: Once you send an inquiry, the Tea Bench team will share an Application Form with you. Fill out the form with details on your previous history, business experience, and financial ability
Document Verification: Upload the essential documentation of ID Proofs, Business registration, and Financials to be verified by the Tea Bench Team.
Review and Approval: A Tea Bench team will review your request, as well as the paperwork you submit. Assuming you qualify, you will be allowed to prepare the franchise.
Once Approved: If you are approved, then we will provide you with a franchise agreement and request that the payment of your franchise fee be made. This agreement is a certificate of partnership between you and Tea Bench.
Store Setup and Training: After you have signed the agreement, your store or kiosk will be set up. They will offer a comprehensive training program and ongoing support to know how the franchise works as they want you to be successful.
Launch and Marketing: After the setup is complete, Tea Bench will assist with the grand opening and initial marketing campaigns to attract customers and build your brand presence.
| Official Website | https://www.teabenchfranchise.in/ |
| Franchise Enquiry | Form |
| Phone Number | 91+ 9841784263 |
| Email Id | support@teabench.in |
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Conclusion
In Conclusion, Tea Bench Franchise Cost, Profit & How to Get Started in 2024. Tea Bench franchise has a large potential in the fast-growing tea and beverage market for aspiring entrepreneurs. Backed by a strong brand recognition, a wide variety of products and full support from the franchisor, Tea Bench franchisees have everything that they need to succeed in their business careers. With a solid brand name, never out of tea varieties, and easy ownership Tea Bench is the ideal way to get in on this fast-growing trend.
While still operating under the brand standards and designed to provide a good ROI for franchisees, most of them can realize both types of returns while building successful businesses in what is often one heckuva tough segment.
FAQs
What is the total investment to set up the Tea Bench franchise average cost?
The initial outlay to buy a franchise of Tea Bench is INR 3.5 to 6 lakhs which includes costs for setting up, equipment, and opening inventory.
What is the time period to achieve ROI in the Tea Bench franchise?
ROI is generally achieved back 12 to 18 months as ideally footfall and operational efficiency also decide the time of ROI.
Tea Bench Franchise Is Prior experience required for a Tea Bench franchise?
Proven knowledge in the food and beverage industry is preferred, but not necessary; Tea Bench will train its new franchisees.
What support does Tea Bench offer to franchisees?
Tea Bench offers extensive support, including training, marketing assistance, operational guidance, and ongoing support to ensure franchise success.
How can I apply for a Tea Bench franchise?
Interested individuals can apply for a Tea Bench franchise by visiting the official website, filling out the inquiry form, and following the application process outlined by the franchisor.
