Tea Franchise in India
Tea is the most loved beverage of Indians that has made it one of the largest business and profit-generating "Sparkleminds " businesses in India.
India secures the second position in the production of tea following China. India is one of the largest producers of tea. Of the total production, India accounts for 3/4th domestic consumption of tea.
As per accounts, in 2016, India produced 1,267.36 million kg of tea. India also exports tea to a large part of the world. In 2017, the total tea exports increased by 6.3%. Major countries that imported tea from India in 2017 were Russia, United States, United Kingdom, Egypt, Iran, Saudi Arabia among others.
The growing demand for tea due to its aroma and high quality is the major driving force of the Indian tea industry. Goldstein Market Intelligence analyst forecast that the Indian tea industry outlook is set to advance at a CAGR of 5.8% over the next 10 years.
How to franchise your tea business:
Analyze your business model - Before you franchise your business, you must get an overview of your business model. A franchise business model requires some specified set of operational rules. To customize your business model, into one conducive for franchising, you can consult a franchising expert who can help you in making necessary changes.
Create a Strong Business Plan - After your business model is perfectly fit for franchising, you will have to work out the finances. You will be required to get your business loans in order and break down how much you will need to spend on various documents, training programs, advertising, etc. You must perform market research and analysis to identify what are the areas where your franchisees might require help. Implement a strategy of how you expect to grow your franchises in the following months and the expected revenue. You must also come up with a managing style and all other details for how you expect to operate the business.
Hire a consultant and an attorney. Obtaining expert advice is essential during the franchising process. You will need to get prepared with all the necessary documentation. It has a very distinguished format you need to follow, and it is best advised to have a lawyer and a professional expert walk you through this process. You will need to set pricing, create a franchise agreement and determine intellectual property protection.
Decide on working of your Franchise model - It is important to take necessary strategic and operational decisions regarding the working of various franchisees. The working document should contain detailed information on the following:
The franchise fee and royalty percentage to be charged from each franchisee
The term of the franchise agreement
The size of territory you will award each franchisee or the required area to take up your brand's franchise.
The kind of training program you will offer and areas of specialization to be covered.
Whether franchisees must buy products or equipment from your company or the manufacturer specified by you.
The business experience and net worth the franchisees need
Methods you will use to market the franchises.
Whether you want an owner-operator for each unit or area/master franchisees who will develop multiple units.
Sell Franchises - Once you have established yourself as a franchisor with a defined business plan and working method, one of your most important activities will be to find franchisees that suit your idea of business. It is important to decide upon a franchisee who has similar business goals and aspirations.
Franchise Support and Assistance - A franchisee needs support and assistance in the initial days of working for the franchise. A staff training program needs to be organized for training the employees of the franchise to make sure they work on the principles of the company and maintain working uniformity.
Best Tea Franchise in India
Chai Garam is an amazing platform for franchise opportunity seekers. They invite aspiring entrepreneurs to partner with enterprising, motivated individuals and provide them with an opportunity to become entrepreneurs and grow with us. India has The Tea Cafe which is around an 1800 Crore industry.
Patil Amruttulya is a very famous Tea cafe started initially in Nanded, Railway Station Rd, Shivaji Potala. They offer the taste of the finest choice of Indian tea from Darjeeling, Assam, Nilgiri, Kangra, Sikkim, and Munnar. This cafe offers both Tea and coffee at a minimal cost of Rs.10 and Rs.15 respectively. It is one of the best Indian tea cafes emerging at a rapid speed.
Vidarbha Konkan Food has been serving tea to tea lovers for the last 21+ years in Pune, Maharashtra. They have several brands which also deal in various types of Indian traditional foods. Masti Chai is one of their brands that sells specially crafted tea so that the customer gets an extraordinary taste. They offer the Masti Chai franchise at a very low investment and it yields high profits.
Chai NGO is a beverage franchise that offers the most loved beverage by Indians"Chai". It aims to foster a business that helps an entrepreneur to grow and attain a unique brand image. It works on its famous 3C formula of chaat, chicken, and chai that makes it distinct from others. The food served is hygienically made that ensures the trust of its customers.
Top Cafe Franchise In India
Indian Coffee House is one of the oldest coffee franchises operated by an employed cooperative society. The best thing about this cafe is it is owned and managed by the employees themselves.
Barista is a pioneer in coffee culture and is a global chain of espresso bistros and cafes in India. It is the 2nd largest coffee chain in India.
For espresso is known for offering hot beverages, cold beverages, sundaes, food, etc. The menu is prepared with the highest care and hygiene with high-quality fresh ingredients. It’s a fun and happening place that has a uniquely differentiated product line.
Gloria Jean’s Coffees is originally from Australia. It started with the ambition to serve the best coffee in the country. Today, they have a large number of and more than 35 markets around the world.
Costa coffee was first introduced by the Costa brothers Sergio and Bruno who worked to give a special Mocha Italian blend of coffee to its customers. This coffee franchise has many outlets all over India and will continue to expand over the years which makes it a profitable venture.
In India, chai is not just a cup of tea to start the day it's more than that, One of the oldest drinks in history and also India’s most popular drink.
Tea can be called the staple beverage of India. The tea business is a profitable industry mainly owing to its high demand both in India and internationally, the low investment required, and high profit margins. This makes the franchisees all the more drawn to your business and enables you to earn higher profits.
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