Teaplanet Franchise for Resale in Hyderabad
About Business
This outlet was established in March 2017. This is an outlet of Teaplanet which has a strong presence in Hyderabad. This is a unique brand which has quickly gained a lot of traction. This stall is located in the vicinity of one of the IT Hubs of the city. This is a drive through kind of outlet.
The monthly rent of the stall is INR 22k. Currently 2 people work over here. They serve various varieties of tea,coffee and fruit juices along with snacks like Sandwiches and Chaats. They are particularly famous for their Bubble Tea. They serve more than 20 customers in a day. They are also listed on swiggy and receive a lot of orders through its online platform. They have all the equipments and infra in brand new condition. These include Fridge,Freezer,Blender and 2 Iron Tables.
The revenue per month is INR 1 Lakhs approx with a margin of nearly 30%. There is a royalty of 7% involved which is to be paid to the parent franchise per month. Since the promoter is relocating to Bangalore,he is looking to sell this off. The Asking price is INR 6.5 Lakhs(Negotiable)
Reason
Relocating to Bangalore
Keywords
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₹10 to ₹200 Cr
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