MBA Chai Wala is a popular tea franchise in Pakistan. With their simple yet tasty tea, they have quickly become a household name in the country. If you are looking to get into the tea business and want to open a tea stall, then MBA Chai Wala is a great way to start.
In this article, we’ll be discussing the process of getting a franchise from MBA Chai Wala and what you need to do to get started.
Overview of MBA Chai Wala Franchise
MBA Chai Wala Franchise is a premium bubble tea franchise started in India in 2019. It has become one of the most popular tea outlets and cafes in the country, with over 600 stores running across India.
The business model of MBA Chai Wala is based on a franchise system, where each local city or district can have franchised stores which provide high-grade bubble tea services to their customers. The franchise also provides an array of beverages including coffee, juices and milkshakes, along with snacks and bakery items.
The enormous success and fast scaling of MBA Chai Wala Franchise has led to a huge demand for more franchises all across India. Opening a franchise requires you to invest in training materials and technology, as well as to complete the application process.
However, if you are persistent and have the right resources then getting your own chai wala franchise can be easy and lucrative. That’s why it’s important to take all required steps properly so that your chai wala business meets all standards of excellence while still remaining marketable within its local area.
This comprehensive guide will help explain how you can get an MBA Chai Wala Franchise for yourself or your organization step-by-step including tips on how to set up shop, calculate startup costs, design product lines, employ staff members, locate store outlets and more.
Eligibility for MBA Chai Wala Franchise
Before deciding to become an MBA Chai Wala franchise, it is important to understand the eligibility criteria you must meet in order to franchise. This includes meeting certain requirements related to the type of business you own and the industry you are involved with.
You must also meet certain financial and legal criteria. Let us take a look at these criteria and see what you need to do to start your own MBA Chai Wala franchise.
The MBA Chai Wala franchising program is looking for entrepreneurs with a strong financial background and high business acumen. An MBA Chai Wala franchisee should have the financial capacity to make the initial start-up costs and ongoing fees associated with owning the business.
Specifically, an applicant must demonstrate that they have a minimum net worth of Rs 5 lakhs, and funds of Rs 2 lakhs available for investment in the start-up capital requirements of their business. Additionally, estimated liquidity capital of Rs 1 lakh is required to cover operating expenses during the first three months after opening.
Further consideration will be given to applicants who can demonstrate past experience in managing their own business or finances.
It is preferred that individuals have extensive knowledge of local markets, are able to commit full-time attention to marketing and operational activities, and are prepared to assume all duties related to successfully launching an MBA Chai Wala shop in their area.
MBA Chai Wala is looking for ambitious and reliable entrepreneurs in the tea industry to join our rising network. We understand that behind every success story, there is a passionate and dedicated business owner, and we are looking for these leaders to join in our mission of creating extraordinary tea experiences for people all over the world.
To become a part of the MBA Chai Wala family and secure one of our coveted franchises, there are certain educational requirements that must be met. All prospective franchisees must have completed or obtained an Intermediate or equivalent degree as a minimum requirement.
A degree in business or hospitality can be beneficial as well understanding the process involved with running your own successful business will help you make full use of our expert training curriculum. Furthermore, having an entrepreneurial mindset and being able to work independently with minimal oversight is also essential.
From managing stock levels to maintaining outstanding customer service standards, owning an MBA Chai Wala franchise requires hard work and dedication — but it will also deliver both financial and personal rewards along the way! So if you are passionate about making quality tea accessible to all, then consider contacting us today to find out more about franchising this unique opportunity.
MBA Chai Wala Franchise program allows applicants eighteen years and older to apply. Submitting an application requires a candidate to meet the age requirement. Additionally, all applicants must agree to MBA Chai Wala Franchise’s terms & conditions and be willing to abide by them.
When submitting an application, applicants must present one of the following forms of valid ID/proof of age:
-School ID Card
Applicants will also need supporting documents such as a business plan and financial information to demonstrate their eligibility for each Franchise opportunity.
MBA Chai Wala Franchise Fees
If you’re looking to get an MBA Chai Wala franchise, then you’ll need to factor in the cost of the franchise fees. There are several different types of fees associated with franchising, including a franchisee fee, royalty fee, and advertising fee.
Knowing how much these fees are can help you make an informed decision about whether or not getting a franchise is the right move for you.
When launching a new business, initial costs and investments must be considered to make sure the endeavor is successful over time. An MBA Chai Wala franchise involves an initial investment cost of a non-refundable fee for obtaining the exclusive rights of a store.
This feature helps to protect each individual’s investment and will form an integral part of your success.
The Initial Investment for obtaining an MBA Chai Wala Franchise can range from different amounts according to the plan opted by you which include the Basic Plan, Gold Plan and Platinum Plan.
The initial investment is discussed after a non-refundable fee is paid by submitting the application form on our website. When confirming onto any of these plans, you may have to bear other franchising costs that could include legal fees, marketing costs and licensing fees.
Royalty fees are an ongoing payment that is paid to the franchisor in exchange for using its intellectual property such as trademarks, operational systems, and business processes. Royalty fees usually range between 4%-7%, though this can vary depending on the size of your franchise network and the agreement you make with your franchisor.
In addition to royalty fees, there may be marketing and advertising fees associated with the Franchise Agreement. These fees help the franchisor promote their brand while also helping to build local awareness of the franchise system.
The amount of these fees will depend on what marketing channels you decide to use and any other contractual requirements. Together, these two fee types will typically make up about 10-15% of a total franchise owner’s annual revenue, though this percentage could be higher or lower depending on how much experience and expertise you have in running a business.
If you are interested in getting an MBA Chai Wala Franchise, then you will need to enter into a franchise agreement. This agreement is a legally binding contract that outlines the responsibilities and rights of both parties.
It will also provide the details of how the business will be operated and how the profits will be shared. Before entering into any franchise agreement, it is important to understand the terms and conditions and make sure they are agreeable to all parties involved.
Terms and Conditions
MBA Chai Wala offers a unique opportunity for aspiring entrepreneurs to own and operate business in their locality. Our vision is to bring the taste of authentic MBA chai to more and more areas, and give ordinary people the chance to earn from an honest living.
In order to ensure the best possible service, we have outlined certain terms and conditions that must be followed by any prospective franchisee.
-The franchisee must hold a valid business license issued by the local authority.
-The franchised store must be exclusively dedicated to selling MBACHAI products only.
-The merchandise must be stored in optimum condition (neatly organized shelves, lined up trolleys, etc.).
-The store should offer a level of cleanliness that matches or surpasses our standards.
-A uniformed assistant should always be available at all times during business hours.
-Good customer service should always be provided at all times.
-All MBACHAI staff members should abide by the code of ethics.
-Regular restocking of products according to demand is expected from the franchisee.
-Regular checks for non compliance with any of these rules are to be conducted by MBA Chai Wala’s Quality Assurance Team.
The franchise Renewal Process is triggered when either the franchisor or the franchisee initiates a renewal of the existing franchise agreement. The renewal process usually involves an evaluation of current market conditions and any changes to the business environment that have occurred since the initial agreement was established.
The franchisor can also decide to revise provisions of the existing agreement in order to offer improved opportunities for both parties.
Renewal agreements are typically transmitted in writing, detailing all aspects of the agreement and addressing any exceptions that are not covered by general franchise rules (such as regional marketing programs). Terminology such as “update and renew” should be avoided as there may be significantly different contractual and legal responsibilities associated with a renewal.
Throughout the process, it is important that both parties adhere to their respective responsibilities so that a new agreement can be finalized in a timely manner and potential misunderstandings can be minimized.
The terms of any renewal should consider current market conditions, proximity concerns and local zoning regulations, along with relevant state laws which apply to franchises. If necessary, businesses seeking to renew an existing franchise should seek legal counsel prior to agreeing upon new terms.
Training and Support for MBA Chai Wala Franchise
A successful MBA Chai Wala franchise is reliant on the owner receiving proper training and support from the franchisor. This means that the franchisor must provide quality resources and guidance to its franchisees to help them get their business running properly.
As such, an important part of getting an MBA Chai Wala franchise is understanding the training and support that are available to help you reach success.
MBA Chai Wala provides a program of onsite training to ensure that Franchisees have sufficient knowledge and skills to run their own business. This is done during the initial sign-up process, followed by a comprehensive consulting, training and support program that allows our Franchisees to become the very best in the industry.
Onsite training focuses on the practical approach of running an efficient business, while providing guidance and advice in setting up all aspects of the franchise – financial management, accountancy, sales & marketing and design & layout of shop as specified by MBA Chai Wala.
Our dedicated team provides onsite assistance wherever possible; typically we provide hands-on help with implementation of branding (shop signage, window decals etc.), merchandising materials and samples etc., as well as covers specific topics such as staff recruitment & interviews, staff payroll systems & procedures and administrative functions.
Sessions include instruction on how to operate an MBA Chai Wala Franchise correctly, including health & safety management techniques and risk assessment planning; offering guidance on customer service delivery methods; understanding key areas such as accounting functions; food safety management techniques including proper waste disposal procedures; product shelf life management techniques; operational policies & procedures for daily activities (opening hours/closing times); loss prevention strategies for protection against fraudulent or errant behavior from employees/customers etc.; plus advice covering financial regulations including applicable taxes/VAT legislation applicable to Franchisees local area.
At MBA Chai Wala, we recognize that making a successful transition into the food franchising business is no easy task. That’s why as part of our commitment to providing quality support, we offer our Franchisees a convenient online training platform.
Our online training platform is designed to ensure that all members of the MBA Chai Wala family are on the same page and fully understand their roles in running a successful franchise. Franchisees will get easy-to-follow information and instructions on how to operate their business effectively and meet MBA Chai Wala standards.
Franchisees will also receive specialized training to help them better manage their staff, understand their local customer base, and leverage their experience with marketing and financing within their community.
This comprehensive program ensures that you have all the knowledge needed to hit the ground running when opening your business. Additionally, there will be ongoing monitoring and coaching by our team of professionals for maximum results.
MBA Chai Wala is committed to your success and provides on-going, comprehensive franchisee support. Once you become a MBA Chai Wala franchisee, you will get hands-on training on all aspects of operating a successful cafe. From business management skills to operations and marketing, MBA Chai Wala will be with you every step of the way.
Our team of experts is available seven days a week for training and coaching. We provide hands-on support from our head office in India and customer service help through our international partners in UAE and Singapore.
We also offer regular webinars and written insights so that franchisees stay up to date on the latest trends in their industry.
When a customer visits any one of our stores, they can expect fast response times, kind customer service and attention to detail that goes beyond expectations – this same level of dedication applies to our support for our franchisees as well. If there’s ever an issue that needs addressing, we’re always available via phone or e-mail.
Whether it’s something as big as establishing your own store or something as small as making sure your machines are running properly, MBA Chai Wala is here for worry-free ownership!
Obtaining an MBA Chai Wala franchise is a great opportunity for entrepreneurs to launch their own business in the booming cafe and tea industry. With its strong brand and innovative offerings, MBA Chai Wala offers plenty of potential to successful franchisees.
From a financial standpoint, running a successful MBA Chai Wala franchise requires significant startup costs, as well as an ongoing commitment to managing expenses and maintaining quality customer service.
In order to maximize the chances of success in this venture, prospective franchisees should be aware of the requirements and expectations set out by the franchisor in order to ensure they are able to serve their customers efficiently and effectively.
By carefully researching the available options, performing due diligence into start-up costs and considering any special qualifications required for opening an MBA Chai Wala franchise, you can position yourself for success by ensuring that you adhere strictly to all operational standards.
The successful combination of research, preparation and customer service will help you create a profitable enterprise that customers will love experiencing every time they visit your cafe.