MBA Chai Wala Franchise : “MBA Chai Wala Franchise: A unique and profitable opportunity to own a successful tea business with an MBA twist. Join our renowned brand, offering a wide range of high-quality teas and innovative blends, appealing to diverse customer tastes. Benefit from our proven business model, comprehensive training, ongoing support, and marketing expertise. Leverage the growing demand for premium tea experiences and tap into a booming market. As an MBA Chai Wala Franchise, enjoy the thrill of entrepreneurship with minimal risk and maximum returns. Embrace our passion for tea, excellence, and customer satisfaction, and be a part of our successful network of tea enthusiasts.”
Latest Update On 29th September 2023 : MBA Chai Wala began as a modest tea business in Ahmedabad and now has over 50 locations in 15 cities serving delicious tea, cuisine, and delivery. Due to its unique branding, affordable prices, widespread availability, and imaginative marketing, the brand has become a tea connoisseur favourite. MBA Chaiwala Net Worth, investment costs and profit margins, how to get a franchise in 2023, and more are covered in this blog post.
MBA Chai Wala Franchise Highlight
|Type of Company||Tea & Beverage|
|Brand Origin||Madhya Pradesh|
|First Investment||Rs 8,000|
|Franchise Type||Kiosk, Fine-Dine|
|Franchise Application Mode||Online|
|Total investment||Rs. 3,80,000|
Terms and Conditions of the Franchise Agreement
- Duration: The agreement specifies the term of the MBA Chai Wala Franchise, typically ranging from 5 to 10 years.
- Fees: The agreement outlines the initial MBA Chai Wala Franchise fee, ongoing royalty payments, and any other financial obligations.
- Territory: The territory rights are defined, granting the MBA Chai Wala Franchise exclusivity within a specific geographic area.
- 100 to 200 square feet
- INR 1–2 Lakhs for maintenance and other costs
- Intellectual Property: Terms related to the use of trademarks, logos, and intellectual property are specified.
- Records and Reporting: The MBA Chai Wala Franchise must maintain accurate records and provide periodic reports to the franchisor.
- Franchise costs 3 lakhs INR
- Cost of Space: INR 2- 5 Lakhs
- Branding and Marketing: The agreement governs how the MBA Chai Wala Franchise will use the brand name and conduct marketing activities.
- Termination and Renewal: Conditions for termination, renewal, or transfer of the MBA Chai Wala Franchise are outlined in the agreement.
How to Launch an MBA Chai Wala Franchise ?
Starting an MBA Chai Wala Franchise is a straightforward process that can be achieved in the following steps:
- Research and Contact: Conduct thorough market research to understand the demand for premium tea in your target location. Reach out to the MBA Chai Wala franchise team through their official website or contact information.
- Initial Discussion: Engage in initial discussions with the MBA Chai Wala Franchise team to understand the terms, investment requirements, and support offered.
- Location and Investment: Choose a prime location with high footfall. Analyze the investment needed for the MBA Chai Wala Franchise fee, setup, equipment, and initial inventory.
- Legal Formalities: Sign a MBA Chai Wala Franchise agreement, adhering to the terms and conditions. Register your business and obtain any necessary licenses or permits.
- Training: Undergo comprehensive training provided by the franchise to learn about operations, product preparation, customer service, and marketing.
- Setup and Design: Set up the franchise outlet as per the brand’s guidelines and design specifications.
- Grand Opening: Plan a grand opening event to create buzz and attract customers.
- Marketing and Promotion: Utilize the MBA Chai Wala Franchise marketing support to promote the outlet through social media, local advertisements, and collaborations.
- Operations: Run the MBA Chai Wala Franchise following the standard operating procedures provided by the brand.
- Maintain Quality: Ensure consistency in tea quality and customer service to build a loyal customer base and maximize profitability.
MBA Chai Wala Franchise Experience
Experience for an MBA Chai Wala Franchise :
- Business Experience: Prospective franchisees should have prior business experience, ideally in the food and beverage sector.
- Tea Industry Knowledge: Familiarity with the tea industry, including different tea types and customer preferences, is beneficial.
- Customer Service Skills: Strong customer service skills are essential to ensure customer satisfaction.
- Operational Expertise: Understanding day-to-day operations and staff management contributes to the MBA Chai Wala Franchise success.
- Entrepreneurial Mindset: An entrepreneurial spirit is crucial for successfully running the MBA Chai Wala Franchise and driving growth.
Who is MBA Chai Wala’s owner?
Prafull Billore is the CEO and Founder of MBA Chai Wala. On July 25, 2017, he launched his tea business in Ahmedabad. His net worth was INR 3 crore as of October 2021, having begun his tea shop with INR 8,000. On January 14, 1996, Prafull was born in Madhya Pradesh. He made the decision to enrol in an MBA programme at IIM Ahmedabad after receiving his degree.
Documents Needed to Launch an MBA Chai Wala Franchise
- Voter ID
- Adhar Card
- PAN Card
- Ration Card
- Residential Certificate
- Driving Licence
- Birth Certificate
- Passport Size Photo
How To Apply MBA Chai Wala Franchise ?
To apply for an MBA Chai Wala Franchise, follow these steps:
- Visit Website: Go to the official MBA Chai Wala website.
- Franchise Section: Navigate to the MBA Chai Wala Franchise section on the website.
- Fill Application: Complete the online MBA Chai Wala Franchise application form with your details.
- Submit: Submit the application form along with any required documents.
- Review: The MBA Chai Wala Franchise team will review your application and suitability.
- Interview: If shortlisted, you may be interviewed to discuss further details.
- Agreement: Upon approval, sign the online franchise agreement.
- Setup: Get guidance on setting up your online MBA Chai Wala franchise.
- Launch: Launch your online MBA Chai Wala Franchise and start serving customers.
MBA Chai Wala Kiosk Franchise Cost
|Particulars||Total cost in Rs|
|Franchise Fee||4 lakh rupees|
|Raw Material||60 thousand rupees|
|GST||2.34 lakh rupees|
|Interior and furniture expenses||3.6 lakh rupees|
|Machinery and Kitchen Equipment’s||4.8 lakh rupees|
|Total investment for the kiosk||15.34 lakh rupees|
MBA Chai Wala Dine in Cost
|Particulars||Total cost in Rs|
|MBA Chai Wala Franchise Fee||5 lakh|
|Raw Material||60 thousand|
|GST||3.78 lakh rupees|
|Interior and furniture expenses||8.5 lakh|
|Machinery & Kitchen Equipment’s||6.9 lakh|
|Total Investment for Dining Cafe||24.78 lakh rupees|
Menu of MBA Chai Wala Franchise
- Regular Chai
- Masala Chai
- Elaichi Chai
- Green tea
- Chocolate Chai
- Tulsi Chai
Experience Needed to Open an MBA Chai Wala Franchise
Requirement of Experience for MBA Chai Wala Franchise:
- Business Experience: Prospective MBA Chai Wala Franchise should have prior experience in managing or owning a business, preferably in the food and beverage industry.
- Tea Industry Knowledge: Familiarity with the tea industry, including different tea types, preparation methods, and customer preferences, is beneficial.
- Customer Service Skills: Strong customer service skills are essential to provide an exceptional experience to patrons.
- Operational Expertise: Understanding day-to-day operations, inventory management, and staff supervision is vital for a successful MBA Chai Wala Franchise.
- Entrepreneurial Spirit: Having an entrepreneurial mindset and a passion for the brand will drive success in the venture.
Location of the MBA Chai Wala Outlet
The ideal location for an MBA Chai Wala outlet is in high-footfall areas such as busy commercial districts, shopping malls, college campuses, or near office complexes. Proximity to public transport hubs and residential areas can also be advantageous. The outlet should be easily accessible to the target market, attracting tea enthusiasts, professionals, students, and local residents alike. A strategic location that offers visibility, convenience, and a pleasant ambiance can significantly contribute to the outlet’s success and customer satisfaction. Good Luck!
FAQs on MBA Chai Wala Franchise
The setup time can vary depending on factors like location, permits, and construction. On average, it may take a few months to set up an MBA Chai Wala franchise and be ready for operation.
Having prior experience in the food and beverage industry is beneficial but not mandatory. The franchisor provides training to equip franchisees with the necessary skills.
The initial investment varies depending on the location and size of the outlet. It includes the franchise fee, setup costs, equipment, and initial inventory.
While MBA Chai Wala provides guidance on selecting suitable locations, franchisees can suggest potential sites for consideration.
Yes, MBA Chai Wala typically grants territorial rights to franchisees, providing exclusivity within a specific geographic area.