How Much Is a Chai Kings Franchise Cost, Profit?
Chai kings Franchise : Chai Kings’ is the emerging player in the Tea Franchise Business. Tea is the evergreen item for the food and beverage business in India. Most of the Indians start their morning with a cup of tea. Chai King’ is a franchise that serves 15 varieties of tea. We will learn in this article about the model of Chai Kings and who are the people behind this Tea Franchise.
What Is Chai Kings Franchise?
Chai Kings is a food and beverage franchise, which known for its Tea. Chai Kings is founded by two friends, Balaji Sadagopan and Jahabar Sadiqe. Chai Kings’ first outlet was started in October 2016 at Kilpauk, Tamilnadu, India. Now, they are very famous for different kinds of tea including regular, ginger, masala, iced, etc. One of the most successful tea franchises that our country has ever witnessed is Chai Kings.
It is a tea brand which is based in Chennai, India and was founded by friends Jahabar Sadique and Balaji Sadagopan. The idea of this tea franchise business came to their mind back in 2016. Initially, the duo had a different plan, which was to start a coffee place but, frequently took breaks for tea during their discussions, leading them to consider tea instead of coffee as their business idea.
Not many will know but, the founders of Chai Kings had previously worked together at an IT firm until 2012. Later, both decided to venture into business as they realized that being an IT employee would not last for long. Working very closely to their dream business they have curated this amazing tea brand in the Indian market.
Chai Kings are known for serving various types of tea to customers. Some of them include ginger, masala, iced, and Sulaimani along with coffee and some other beverages and snacks. The business was initially run by the savings of the founders and due to their effective business plan, they had already opened up four outlets in the very first year.
The business continued to pick up steadily with the help of food delivery partners like Swiggy and Zomato.
What Chai Kings Offers?
Chai Kings offers Ginger Chai, Masala Chai, Dum Chai, Genger Lemon Chai, Badam Milk, Milk Shakes, Green Chai, Tulsi Chai, Maggi, Sandwich, Poha, Cookies, Coffee, Toasts, Buns, and many other items.
Read More : Chai Sutta Bar Franchise in India
Why Chai Kings Franchise?
Interestingly, the huge success of this brand also got them funding of Rs 2 crore from Chennai Angels in July 2018. This huge funding from Chennai Angels helped the brand to open up 12 more outlets in 2018.
Just one year later, the brand again received a funding of whopping $1 million from investors including Chennai Angels, Hyderabad Angels, and TiE India Angels. These are some facts which prove Chai Kings is running successfully in the current Indian market
Two friends started Chai shop with the intention to rule the tea market and their slogan says “The finest ingredients straight from mom Nature”. Chai Kings is already got $1 million of funding from investors.
This also shows the potential Chai Kings. They are looking forwards to expanding franchises in cities of India and this is also a great opportunity for someone who is looking for Tea Business.
Chai Kings Franchise presence in india
Currently, Chai Kings operates around 50 stores in the country. Mainly present in Chennai, they have more than 20 outlets in the city. Chai king is now entered in the cities like Coimbatore, Bengaluru, Hyderabad, etc. As per fonder, they will reach 500 outlets in the next 5 years in different cities of India.
Chai Kings Franchise Models
The Model of this Franchise is very simple like any other Tea Business. It required basic tea-making equipment, Franchise Decor, seating arrangement for customers, and employees. This type of model does not demand big investments.
Require Spcace / Area for Chai Kings Franchise
The required area for Chai Kings Franchise is 400 to 800 sq. ft.
Location for Chai Kings Franchise
The location for Chai Kings preferred to be near office area, IT park, Busy street, Tech park, etc.
Chai Kings’ Franchise Investment
To open a business it’s necessary for you to make proper investments. Without making proper investments you and your business will not function properly. As Chai Kings offers 15 different tea flavours to customers, to maintain its quality and standard all equipment and kitchen utensils must be present. You must have 400-800 square feet of land where you can structure your franchise. Some other investments that you need to make are the following:-
- Machineries- Rs 3 lakhs
- Furniture and interior decors- Rs 5 lakhs
- Raw materials- Rs 2 lakhs
- Total investment- Rs 15-20 lakhs
Profit / Payback time
The profit margin for any sales company or brand can vary on various factors such as location, operational costs, sales volume, and management efficiency. The profit margins of such companies or brands are always in your hands.
If you happen to manage them correctly then you will earn a good profit margin at the end of the month. Chai Kings has established itself to be a very popular and reputed brand in various parts of South India.
It has plans for further expansion in the Indian market and has a competitive profit margin compared to other businesses. Still, if you are willing to get down in business with Chai Kings then you can expect a profit margin of 35-40%. This is a healthy profit margin as compared to some of its competitors in the Indian market.
Contact Number of Chai Kings
044 4285 7272
Email Address of Chai Kings
Conclusion
Chai Kings’ is a promising and profitable opportunity for investors. The franchise is looking to expand its business around India with more than 500 stores in the future. There are already many Tea Franchise available in the market and chai kings’ is definitely one of the successful and rising ones. We hope this article helped you understand more about the chai kings franchise and related aspects.