How much is a Tea Bench Franchise Cost – investment, profit margin
When it comes to tea franchise, Indians are the number one customers of it. India is one of the largest consumers of tea and exporters as well. Other than heavy consumption, India exports quality tea products to many foreign countries across the globe. This helps grow the country’s overall economy and helps to uplift tea startup businesses to grow rapidly in the market. Today, India has millions of tea businesses and one of them is Tea Bench or TeaBench.
Tea Bench was started during the COVID-19 pandemic. The founder of Tea Bench is Dinesh Rathinam, he is from Chennai, Tamil Nadu, India. He believes tea is one of those products that help consumers to be fresh while consuming it. The statement made by the founder is quite true. All the anti-bacterial and natural anti-oxidant properties in tea help the human body re-energize it. It also re-energizes the mind of the human body and helps combat acute diseases.
At Tea Bench, you get the rarest tea experience. All the ingredients used by them are natural and provide a beautiful essence to the final product. The people at Tea Bench, are passionate to provide great experiences to make consumers smile with their perfect blend of tea.
With a lot of research and experimentation, the founder came up with a unique idea to start Tea Bench in Tamil Nadu. Today, Tea Bench has opened up almost 125+ outlets across Tamil Nadu and Karnataka. Tea Bench is the only brand that has more than 55 varieties of tea.
Tabular Overview
Company Name | Tea Bench |
Founded Year | 2021 |
Founder | Dinesh Rathinam |
Head Office | Chennai, Tamil Nadi, India |
Primary Product | Tea, Coffe, and Shakes |
How to apply for Tea Bench Franchise?
Tea Bench is one of the most popular tea brands in Chennai. People from different parts of the state visit the head outlet to try out different flavored tea. Due to Tea Bench’s huge success, the company is willing to expand across the state and the country. Any tea-lover would surely love to become a partner of Tea Bench. This is because the parent company offers you a great reason to become a partner. The primary reasons are its unique products and support system in offer.
Now, if you are willing to open a Tea Bench franchise in India, make sure to follow all the terms and conditions. Following all the terms, conditions, and requirements will help you get a franchise smoothly and easily. Now, here is how one can get a Tea Bench franchise in India:-
- One must ensure to visit the official website of the company for franchise details and form or simply click on this link https://www.teabench.in/
- Or you could directly search “Tea Bench Franchise” on your browser and the official franchise page of the company will open up or just click on this link for the official franchise page https://www.teabenchfranchise.in/
- After you have clicked on the franchise link above, the official franchise page of Tea Bench will open up
- On the right side of the website you will see a franchise inquiry form
- You will need to fill out the form with proper and valid details asked by the officials of the company
- After you have filled out the form make sure to recheck and then click on the “Submit” button present below
The other method of getting the franchise details is to directly contact the officials of the company. The official phone number related to franchise inquiry is given on the top of the franchise page of Tea Bench. Make sure to provide all the details and ask all the questions you have in your mind.
Tea Bench Franchise Investment
Tea Bench is surely a reputable and profitable business in India. Within two years the tea company has achieved so many things that it never stopped looking back. The company has become an ever-growing business in some parts of Tamil Nadu and Karnataka. To become a partner of such a reputable business one needs to make an investment.
Interestingly, you do not require high investment to open a Tea Bench franchise in India.
The total investment required to open a Tea Bench franchise is Rs 2.99 lakhs in India. Tea Bench does charge a small brand or franchise fee which is included in the total investment of opening a franchise of Tea Bench. The brand fee charged by the officials of the company is Rs 1.5 lakhs. The remaining Rs 1.5 lakhs are charged for pieces of equipment, manpower, training requirement, welcome kit, digital marketing, and many more. Other than that, the interior and exterior are handed over to the franchise owner of Tea Bench.
This is surely an interesting idea taken by Tea Bench. The Franchisee owner will design both the interior and exterior according to their budget but, the theme should be related to the parent company. The company does not charge any royalty fee and does not have any commission method.
Requirements for Tea Bench Franchise
To get a franchise one must go through the requirement process of that particular company. Similarly, to get a Tea Bench franchise one must fulfill all the criteria and requirements asked by the officials of the company.
- Space Required- To start a Tea Bench franchise investors can start within 80 to 100 square feet of land. Now, this is the minimum requirement if you have more land to offer then that would be an added advantage.
- Documents Required- All the documents asked by the officials of the company must be valid and up-to-date. Here are some of the documents that you require to start a Tea Bench franchise in India:-
- ID Proof- Aadhar Card, PAN Card
- Passport size photographs
- Address proof: Electricity bill
- NOC of Shop
- Franchise agreement
- Rent agreement
- GST Registration Certificate and GST Number
- Trade Licence and Food License
- Lease agreement (if any)
- Capital required- The total capital required to open a Tea Bench franchise ranges between Rs 3 to Rs 3.5 lakhs. You will not require more than this amount to open a Tea Bench franchise in India
Is Tea Bench Franchise Profitable?
Many of us surely not have heard of these tea flavours:-
- Pan tea
- Mango tea
- Rose Tea
- Lavender Tea
- Kashmiri Tea
- Chocolate Tea
We can see how flavourful tea the company along with its franchises offers to customers. Such uniqueness attracts customers from all over the country. Interestingly, the tea company is attracting many people from across different states of India. Anyone who has got a Tea Bench franchise is running a profitable business. Yes, the profit ratio might differ as per the locality and services a particular franchise offers.
Tea Bench Franchise Profit Margin
According to some reports, the average per day sale of any Tea Bench franchise ranges between Rs 15k to Rs 25k. So, if you open in a crowded location you can easily expect more than the average amount.
The average monthly turnover is Rs 4.5 lakhs. After all expenses you make a Tea Bench franchise can make a profit of Rs 75k+ monthly. The profit margin of opening a Tea Bench franchise ranges between 30-40% in India.
Tea Bench Franchise Review
If you ask any customer who has just started visiting Tea Bench for tea consumption, they will say “Every tea here is best”. This is because Tea Bench has never compromised on the quality of the product. All the ingredients used are handpicked and natural. The company does not use any artificial flavors or added colors to its products.
Tea Bench Franchise Contact Details
Here are the official contact details of the Tea Bench franchise:-
- Email address- [email protected]
- Phone number- +91 9841784263
- Tamil Nadu region office address- No 42, AC Block, 3rd Cross Street, 6th Main Road, Anna Nagar Chennai, Tamil Nadu- 6000040
- Karnataka Region Office address- Novel Office, 46/4 Garvebhavipalya, Kudlu Gate, Hosur Main Road, Bangalore- 68