In India, chai is a staple of daily life and has been for generations. One of India’s most popular café chains, Chai Point, has made drinking chai an easy and enjoyable experience for its customers by providing them with modern amenities. Chai Point has over 150 locations in India and is on a mission to modernize the chai industry by providing its customers with superior, freshly brewed tea. Franchise of Chai Point is better option for your business.
This blog will serve as a comprehensive data for anyone in India interested in opening a Chai Point franchise. In order to help you make a well-informed decision, we will provide you with all the information you need to get franchise – Chai Point, such as the qualifications to become a franchisee and chai point franchise cost. Let’s dive in and learn everything there is to know about the Chai Point franchise in India.
What is the USP of Chai Point franchise?
Before dealing with Chai Point franchise cost and Chai Point revenue, this is an important area. Chai Point’s USP is the quality of the tea it serves, which is brewed to order. Chai Point’s tea is always fresh and flavorful because of the premium tea leaves it uses, which it imports directly from tea plantations in India. Hot chai, iced chai, and specialty teas are just some of the tea-based beverages and other foods that can be found at Chai Point. No artificial colors or flavors are used in any of our products, and we only use fresh, natural ingredients in our preparations.
Furthermore, Chai Point has a firm dedication to sustainability and environmental responsibility, as evidenced by its use of eco-friendly packaging and implementation of energy-efficient practices throughout its operations. The quality, freshness, and sustainability of Chai Point’s offerings are what set it apart in the crowded Indian food and drink market and won the company its loyal following.
Read: How To Start A Knife Selling Business?
Benefits of Chai Point franchise in India
There are several advantages to opening a franchise of chai point in India:
- Chai Point has been around for a long time in India, and as a result, it has a loyal fan base. Franchisees can capitalize on Chai Point’s established name recognition and customer loyalty.
- Chai Point franchise has access to extensive training and support. Business operations, marketing, and customer service are just some of the topics covered in their courses.
- The tea at Chai Point is famous for being of the highest quality and for having been brewed just before being served. In order to offer the same great tasting tea to customers, franchisees are given access to the same high-quality products and ingredients as the parent company.
- Chai Point has developed effective systems for managing operations and supplies that franchisees can use to run their businesses efficiently.
- Chai Point helps its franchisees market their businesses and interact with customers to boost sales and repeat business. In addition, they employ a number of promotional initiatives and customer retention plans.
- There is 150+ franchise of chai Point in India and is always adding more. If you’re a franchisee, you can use this growth to your advantage and take your business to new heights.
Requirements of getting Chai Point Franchise
In order to qualify for franchise in the Indian market, you must:
- Pandharpuri Chai Point franchise cost is between INR 25 lakhs and INR 50 lakhs as initial investment. All expenses, such as the franchise fee and the price of equipment, are included in this sum.
- A commercial space between 200 and 400 square feet in size is required. Placement in a busy commercial center, business district, or university campus is recommended.
- Working knowledge of the food and beverage industry is a plus, but is not required. Operations, marketing, and customer service are just some of the areas that Chai Point instructs its clients in.
- The minimum age to apply for a Chai Point franchise is 21, and you must be a legal resident of India.
- Chai point franchise cost is 5 million Indian Rupees (INR), which is not refundable.
- Chai Point takes 8% of your monthly Chai point revenue as a royalty fee.
- Your relationship with Chai Point as a franchisee will be governed by the terms and conditions set forth in a franchise agreement.
You can apply for a Chai Point franchise on their website if you meet the above criteria, or get in touch with their franchise team for more information.
Read: How To Get Realme franchise
Cost of getting Chai Point Franchise
The initial investment required to open a Chai Point franchise in India consists of a variety of components, such as the franchise fee, the price of necessary equipment, and the cost of running the business. Chai point franchise cost:
- The initial investment for a Chai Point franchise is 5 million Indian Rupees (INR), which is not refundable.
- Depending on the store’s size and its location in its neighborhood, the cost of equipment and merchandise might be anywhere from INR 10 lakhs to INR 20 lakhs. Everything from the price of chai brewers to the price of the furnishings and appliances in the kitchen to the price of the first round of inventory is included in this total.
- Rent, utilities, payroll, and other operating costs are all components of the operational expenditures category. Depending on the store’s size and location, annual overhead costs might be anywhere from INR 5 lakhs to INR 10 lakhs.
Chai Point revenue (Profit margin)
Profit margin is the amount of revenue left over after deducting the cost of running the business, which includes things like rent, salaries, utilities, and inventory, from total revenue. The leftover sum represents margin for profit.
Factors like location, operating costs, and revenue generation all affect the profit margin of a Chai Point franchise. The profit margin for a Chai Point franchise, however, is reportedly between 15% and 20%.
Final Thoughts
For those considering entering the food and beverage industry in India, opening a Chai Point franchise can be a fruitful and financially rewarding business venture. However, before committing to a franchise, it is crucial to analyze the financial and operational demands, as well as the conditions of the franchise agreement.
In order to ensure the long-term viability of their franchise, would-be investors should do their homework, consult with professionals, and craft a comprehensive business plan. As the Indian middle class continues to grow, owning a Chai Point franchise can be a rewarding business venture for those with the right mindset and work ethic.