Franchise
1. What is the size of the shop required for starting a TEA PARK Unit Franchise ?
The minimum size of the shop should be 100 sq.ft. However, the ideal space would be of 200 sq.ft or more.
2. What is the Franchise Fee?
The unit franchise fee is Rs. 1,99,999 + GST. It includes the brand fee, marketing fee and the cost of all equipment such as refrigerator, deep freezer, high-pressure gas stove, fruit mixer, tea utensils, tea powder, branded glasses, name board, menu board etc. and initial stock.
3. Is the franchise fee refundable? Franchise Fee?
The franchise fee is non refundable.
4.What are the other initial expenses apart from the franchise fee of 1.99 lakhs?
The franchisee (investor) is responsible for the interior work, painting, and furniture etc. (The approximate cost can be any where between Rs. 60,000/- to Rs.80,000/-). Shop security deposit (if it is a rented shop) will also be extra.
5. Are the equipment provided (fridge, freezer, etc.) branded?
Yes, All are branded products (LG, Samsung, Rock Well,etc.) and comes with a warranty.
6. How long is the franchise agreement? Is it renewable?
The franchise agreement is valid for 5 years. At the end of the 5th year, you can renew the agreement by paying 10% of the franchise fee.
7. Will the brand provide stock for preparing everything on the menu when the initial stock is over?
The Brand will supply all the primary ingredients. However, there are some items which the franchisee has to buy locally.
8. What are the snack items supplied by the brand?
The Brand provides few of the snacks , However its not mandatory to use
the snacks provided from the brand , You can get supplied by local snacks or you can make it on your own , But the quality and taste of the snacks should not be compromised
9. Can the franchise add extra drinks other than the snacks to the menu?
TEA PARK does not entertain any items other than its menu to be sold from its outlet. However, considering the regional flavor and demands, a few selected drinks can be added with the written approval from the brand. No other tea varieties can be added.
10. Will the Brand Provide staff?
No. However, the Brand provides training to your selected staff. You need a minimum of 2-3 workers to run the shop. These workers do not need to have any prior experience in the hotel field. The reason is that all the drinks at TEA PARK are prepared using formulas. 3 days of training is enough to learn TEA PARK preparation methods.
11. Will the Brand Provide Training?
We can send one of our chefs to your shop for training for 3-4 days,
.You will Just have to bare the expenses of travel, food and accommodation of the trainer.
12. What are the average daily sales at existing stores?
The daily sale at TEA PARK outlets ranges between Rs.5,000 to Rs.20000. However, on average, you can expect a regular sale of 10,000 or more. The primary factor deciding the daily sale is the location of the shop & How you serve customers.
13. Will you open a new franchise near already established shop? Is there
a specified distance between TEA PARK shops?
Yes, there specified distance depends upon area locality and volume of business. We will not open a shop at a location because of which your business will be affected.
14. What is the process if an investor is interested to start the TEA PARK
Franchise?
The investor has to pay at least 30% of the Franchise Fee as confirmation. A Letter Of Intent (LOI) will be signed against this amount and a payment confirmation will be given to the investor. The balance amount should be paid within 15 days after signing the LOI. The agreement will be signed at the time of full and final payment. The brand will supply all the items including the startup kit within 10 days after receiving the full and final payment. The franchisee has to inform the brand regarding the opening of the outlet at least 10 days before so that the brand can ensure the availability of the chef for the training.
15. Can the franchisee use its own glasses for serving teas and other items?
No. It is strictly not allowed. The franchisee has to sell all the items in TEA PARK glasses only. However, if a customer specifically asks for other drinking glasses, exceptions can be made. The numbers can be hardly one or two in a month.
