How Much Is MBA Chaiwala Franchise Cost, Investment & Profit Margin?
MBA Chai Wala Franchise: Chai is the most common drink in India you will find chai shops in every corner of India. MBA chaiwala is a new revolution in the tea market, especially in first-tier and second-tier cities.
If you want to tap the evergreen tea market of India then MBA Chai Wala Franchise is the brand to go with. You will learn here, How to get an MBA chai wala franchise! It’s cost, profit margin, requirement, and contact details.
MBA Chaiwala Franchise
MBA Chai Wala is among the top tea-selling franchises in India, especially in first-tier and second-tier cities. Currently, they have 100+ outlets across the country. They are still growing and planning to establish a base in every corner of India.
This Tea Sensation is still young, First stall of MBA Chai Wala is started on July 25, 2017. Today they are a well-known franchise in the food and beverage industry.
MBA Chaiwala Overview
Industry | Tea & Beverage |
Company | MBA Chaiwala |
Brand Origin | Ahmedabad |
Franchise Type | Kiosk, Fine-Dine |
Business Model | FOFO |
Active Cities | 100 |
Target Active cities till 2022 end | 200+ |
Total investment | Rs. 3,80,000 |
Who is the owner of MBA Chai Wala?
The Owner and Founder of MBA Chai Wala is Prafull Billore. He started his Tea Venture on July 25, 2017, in Ahmedabad. He started his tea stall with INR 8,000 and as of 2021 October, his net worth is INR 3 crore.
Prafull was born on January 14, 1996, in Madhya Pradesh. After completing his graduation he decided to study at IIM Ahmedabad for an MBA course.
However, he failed to secure the number required for a seat in IIM. After an initial struggle, he opened a tea stall named MBA Chai Wala with a minimal investment of INR 8000. Rest is History.
MBA Chai Wala Franchise Menu
- Regular Chai
- Masala Chai
- Elaichi Chai
- Chocolate Chai
- Tulsi Chai
Along with these various types of regular tea, they also serve Green tea, Coffee, Three types of Mojito, and Coolers. For Nasta, they have Sandvich, Maskaban, Maggi, French fries, Puff, etc.
How to Get an MBA Chai Wala Franchise?
MBA Chai Wala franchise can be a good choice if you are looking to invest in the food and beverage industry. Tea is the most loved product in India and the demand for tea is constant. This Franchise is just 4 years old and they know the taste of youth, students, and tea lovers.
MBA Chai Wala is not going to restrict itself to Tea but the plan is to introduce other food products as well. We will discuss here many aspects of the franchise and some details that are required for getting this growing franchise.
Requirement of Experience for MBA Chai Wala Franchise
You don't require any such experience to have a tea outlet. MBA Chai Wala is the option even if you are new in this industry. Experience in food and cafe franchises is of course advantage to running the business. Chai Wala franchise provides guidance and training to their associates.
MBA Chai Wala Outlet Location
Finding a Location for the Chai Wala outlet is not much of a headache. Industrial Area, Residential Area, Shopping Area, Bazar, highway, or any road with public movement is an ideal location for a tea franchise.
MBA Chai Wala is still gaining popularity and it will attract customers to your location for having a Cup of Tea.
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MBA Chai Wala Franchise Cost
MBA chai wala franchise can cost around INR 8 to 10 Lakhs. We can break the total Franchise cost as below mentioned:
Investment | Rs. 8-10 lakhs (including Equipment) |
Franchise Fee | Rs. 3 lakhs |
Shop Cost | INR 2 - 5 Lakhs |
Other Cost | INR 1 - 2 Lakhs |
Model | Kiosk |
COMMISSION/REVENUE SHARING | 40-50% |
AGREEMENT TENURE | 3 YEARS |
Shop rent, Maintenance charges, and Additional bills, will all depend upon your chosen city and area for opening the outlet.
Shop cost, Maintenance cost, Additional bills, etc is dependent on the city and area.
However, you need a minimum of INR 10 Lakhs investment to start with MBA chai wala.
MBA Chai Wala Cost Comparison With Chai Sutta Bar
Both MBA Chai Wala and Chai Sutta Bar are some of the best tea stops in our country. People get confused about whose products and services are the best among these leading tea-making companies in our country today.
Moreover, when asked people give mixed reviews for the products and the price strategy used by these big companies.
Now, here is a cost comparison between MBA Chai Wala and Chai Sutta Bar:-
Parameters | MBA Chai Wala | Chai Sutta Bar |
Investment | Rs 8-10 lakhs | Rs 6-18 lakhs depending on the type you choose |
Franchise fee | Rs 3 lakhs | Rs 6 lakhs |
Space required | 100-200 square feet | 300-2000 square feet |
Furniture cost | Rs 3-5 lakhs | Rs 3-5 lakhs |
Machinery | Rs 2-3 lakhs | Rs 2-3 lakhs |
Raw materials | Rs 2 lakhs | Rs 2 lakhs |
Royalty fee | 4% | 4% |
MBA Chai Wala Cost Comparison With Chaayos
Here is the side-by-side comparison with Chaayos :-
Parameters | MBA Chai Wala | Chaayos |
Investment | Rs 8-10 lakhs | Rs 5-10 lakhs |
Franchise fee | Rs 3 lakhs | Rs 1 lakh |
Space required | 100-200 square feet | 200-400 square feet |
Furniture cost | Rs 3-5 lakhs | Rs 1 lakh |
Machinery | Rs 2-3 lakhs | Rs 1 lakh |
Raw materials | Rs 2 lakhs | Rs 1-2 lakhs |
Royalty fee | 4% | Approximately 5% |
Changes in Franchise Cost Structure of MBA Chai Wala Since Launch
MBA Chai Wala started giving out franchises, moreover when it was established. The franchise cost of the company has always been constant and there is almost no change in the franchise cost structure.
The franchise cost structure will slightly differ as per the state and location you are opening. The franchise cost structure is moreover the same for all people who are willing to take MBA Chai Wala franchise.
Franchise Agreement Term Terms & Conditions
- They prefer a minimum of up to 5 years of the agreement. Since it is not a heavy franchise like other food-based chains, Holders also sign up to 10 years of the agreement.
- Space 100 - 200 sq. ft
- Franchise Fees INR 3 Lakhs
- Space Cost INR 2- 5 Lakhs
- Maintenance and other Costs INR 1 - 2 Lakhs
- Total Franchise Cost of Around INR 7 - 10 lacks
Area Requirement for MBA Chai Wala Franchise: The franchise required at least 100 sq. ft. carpet area.
Employee requirement: The minimum requirement of employees at MBA Chai Wala is 1 to 3. Later it depends on responses from customers.
MBA Chaiwala is Hiring!
Prafull Billore-led tea cafe chain MBA Chai Wala is all set to mark its territory in 200 Indian cities by the end of this year, generating over 1,000 jobs.
MBA Chai Wala Franchise return on investment
Return on Investment is quite fair in Tea franchises. Any exact amount percentage is unknown in terms of profit margin.
MBA Chai Wala is a good opportunity to start an affordable franchise without worrying about the customer base because tea lovers are everywhere. They are introducing other food - Nasta products to serve with chai.
Is the MBA Chai Wala Franchise Profitable?
Yes, the Chai Wala Franchise is profitable. Normally they always find customers at their tea stall.
How to Apply for MBA Chai Wala Franchise in India
Everything is Online. All you need to do is visit their website, you will find a contact form. Prepare yourself with the required budgets and shop before contacting them for a better chance. They will respond to you for further procedures.
MBA Chai Wala Franchise Contact Details
Email: [email protected]
Phone: +91 72 2290 5222
Website: mbachaiwala.com
Should I opt for MBA Chiawala Franchise: The Conclusion
The food and beverage industry is always in demand. All we can say about Tea is that it is part of Indian culture now. MBA Chai Wala adds new-generation flavors in it with their innovative ideas including the various types of Chai.
Chai Wala Franchise Module is very simple, yet attractive for any investor or entrepreneur. We hope the above information will help you to have an idea about MBA Chai Wala and its Franchise Module.
MBA Chaiwala Competetiors in India
Frequently Asked Questions
Who is the owner of MBA Chai Wala?
Prafull Billare is the owner of MBA Chai Wala Franchise