Tea Boy Franchise Cost, Profit Margin & Investment Required
The tea franchise industry in India is one of the highest markets which is why India is among the top five countries to export tea. Also, on the other hand, tea consumers across the globe are huge and almost every 9 out of 10 people consume this drink at least once or twice a day on average. In a country like India, tea is considered to be one of the favorite beverages and also the most consumed one apart from coffee.
Several businesses took this huge market opportunity and converted it into permanent businesses and Tea Boy Franchise is one of them. Tea Boy started in the year 2017 with a minimum investment of 50,000. The journey of Tea Boy and its founder has been a true inspiration for most people not only in India but across the globe.
Assam is the largest tea-producing state in India and is also one of the oldest to grow tea plants. But, there are other states that have evolved in the tea business in the past couple of years.
Company Name | Tea Boy |
Founded | 2017 |
Industry | Food & Beverages |
Founder | Joseph Rajesh |
Head Office | Chennai, Tamil Nadu |
Contact | 07305269555 |
How Tea Boy Is Different From Others?
Every business is different in its own way and similar is the case with Tea Boy as well. The company made its presence in South India (Chennai) back in 2017. Each day, the company is trying to bring new changes in their product and services and aims to bring a whole new tea-consuming experience to the Indian people. Tea Boy wants to make huge sales when it comes to tea only in India by making tea that people would love to drink.
Even though the tea-drinking community or the number of people drinking this beverage is huge, Tea Boy couldn’t make it at first as it had to face several challenges like financial challenges which included in terms of sales. But, the intention and aim of the company were clear that is to make an offer unique tea and sell more than a crore of cups of tea every day. Apart from that, Tea Boy also wants to revolutionize the way that tea is consumed today by perfecting the art of making tea.
The benefit of being a part of South India is that Tea Boy use different types of spices and herbs in order to bring in a new yet magical flavor to surprise the taste buds. The company focuses on their brewing methods by learning and adopting new techniques to bring back the tea-consuming tradition back to its place. This is what is unique and a standout feature of Tea Boy.
Tea Boy Franchise Menu
Item | Price (INR) |
Small Tea | 10 |
Regular Tea | 15 |
Small Black Buster | 15 |
Regular Black Buster | 20 |
Veg Puff | 20 |
Egg Puff | 22 |
Paneer Puff | 30 |
Chicken Puff | 30 |
Mini Samosa | 15 |
Aloo Samosa | 20 |
Noodle Samosa | 22 |
Jam Bun | 15 |
Cream Bun | 15 |
Tea Cake | 15 |
Carrot Cake | 25 |
Banana Cake | 25 |
Chilly Rusk | 20 |
Lemon Rusk | 20 |
Butter Milk | 12 |
Soma Banam | 20 |
Lassi | 25 |
Paniyasam | 30 |
The menu that has been mentioned above is from Zomato’s official website where Tea Boy has collaborated with. It seems that it is not just different types of tea but along with it there are different kinds of snacks items as well for the customers. Tea is consumed especially with a biscuit but here in Tea Boy a customer will have variety of options to enjoy their tea with like the Samosas and the different types of cakes offered by them.
Since the company has tied up with food delivery partners like Zomato and Swiggy you could order it online and get it delivered at your doorstep. This is yet another advantage of enjoying your tea and snacks if you are too lazy to go out.
Founders of Tea Boy Franchise
Joseph Rajesh is the founder of Tea Boy and his journey in the Tea Boy business has been full of ups and downs just like most other businesses and startup companies. Joseph had to quit his regular job at the State Bank of India and came back to Chennai to start his own business. His journey so far has been motivational and inspiring for the youngsters as they are able to understand the hardships and struggles that he had to face during the initial stages after the formation of the company.
Financial struggles are the most crucial yet destructive challenge that Tea Boy had to face during its initial stages and it was also difficult for Joseph to manage such a financial crisis.
Joseph Rajesh belongs to a small village in Karur in the state of Tamil Nadu and it was his dream to become a successful businessman in India. Joseph Rajesh who was struggling with his tea business at the initial stages has now become a successful entrepreneur and has joined the league of several educated youngsters those who have launched their own tea chains in the country.
Joseph had started his tea business with an area of less than 100 sq ft back in the year 2017. Now, he owns around 78 Tea Boy outlets in Tamil Nadu. The chain he is building has so far been successful and every day the outlets receive a pretty decent number of customers. It was in the financial year 2020-21 he opened 60 outlets in the same year and the turnover for that year was INR 7 crore and is looking to increase it by more than INR 3 crores by 2022-2023.
He has also opened up a subsidiary company named, Black Pekoe which is yet another successful tea business which has started offering franchise as well. Joseph charges around INR 6-7 lacs for a Black Pekoe franchise. The Tea Boy franchises are small where only two or three types of tea are served.
How did Tea Boy start?
Tea Boy started back in the year 2017 when Joseph decided to quit his job and come back to Chennai to open up his own business. Just like a regular tea shop, Tea Boy had started and the earning per month was quite less. There were a lot of ups and downs for the company which had to struggle financially and had to face a lot of challenges. Joseph had in his mind that one day his mission to sell more than one crore cups of tea would be successful and he worked on it regularly to gain market attention.
Today, he has got more than 78 outlets only in the state of Tamil Nadu and may wish to increase/expand to other states as well in the near future. With a minimum investment, the company started to get the recognition it wanted which became the true reason for its success.
Requirements For Tea Boy Franchise
Tea Boy franchise requirement is one of the simplest as compared to other brand franchises because the requirement is basic and minimum. Tea Boy outlets are not that big because according to Joseph’s interview statements Tea Boy shops are small so that to give the customers a feel or vibe of the local tea shops but in an organized manner. Let us see the requirements for Tea Boy Franchise.
Location | Cross-streets/ Town Panchayats Carpet Area |
Carpet Area | Less than 150 sq ft |
Required licenses | FSSAI, Trade Licenses, GST |
Open Timings | 5 am to 11 pm |
Required staff | 2-3 persons |
Tea Boy Franchise Cost
There are two kinds of franchises that the company is currently offering. The differences can be seen in the table given below :
Master Franchise Cost
Agreement years | Lifetime |
Initial cost | INR 1,00,000 + GST for unlimited stores |
Rent | 20,000 (approximately per month cost) |
Human resources (2-3 people) | 28,000 (approximately per month cost) |
Unit Franchise Cost
One-time expense | INR 3,99,000 + GST |
Brand Fee | INR 999 + GST per month |
Profit per month | INR 1,00,000 + proven methodology |
Return on investment | Within 4-12 months |
How To Get Tea Boy Franchise?
Interested Tea Boy franchisees will have to visit the official website to apply for the franchise. Once they have filled the application form from the official website of the company then they will be contacted from the concerned authority and then will be able to move forward with their business. The company plans to partner up with more than 500 entrepreneurs within a couple of years.
Profit Margin for a Tea Boy Franchise
The profit per month is around INR 1,00,000 which is quite a pretty decent amount in the tea business. People can start the business with minimum investment and will be getting the return on investment within 4-12 months. The official website of the company reveals the details that a franchisee will be getting their ROI within a year. This will attract a lot of entrepreneurs and therefore the company will have a wider reach in the country.
Tea Boy Franchise Royalty
There is no royalty fee that the company charges as of now because there are no such details provided on the official website of the company. As of now, there is no royalty fee but in case the company decides to change that then it will be updated on the official website itself.
Tea Boy Franchise ROI
According to the official website of the Tea Boy franchise, the return on the investment time period is within one year after the franchise is opened.
Conclusion
Tea Boy has been so far aggressive when it comes to expanding its business in India. The future of the company seems solid because of the leadership and guidance from Mr. Joseph. However, with unique tea quality consumers will be getting attracted to the Tea Boy stores more and more thus increasing the revenue of the company every year. So far, Tea Boy is doing great business.