The Top 10 Beverage Franchise Opportunities in India 2023
Written by: Evelyn.
The food and beverage franchise is one of the top best business sectors in India that makes a huge profit. During the period of COVID-19, the food, and beverage industry faced a major setback. But after 2020 it regained its position in the Indian markets. This business sector contributes 3% of India's GDP. One of the major reasons for the rapid growth of beverage franchises is the growth in the dairy market. Today we see the rise of many beverage brands in India. Tea is the most consumed drink in the country and there is a high demand for tea in every part of India. Thus, introducing a tea chain business will surely be profitable. Apart from that, strong coffee culture is also seen in urban areas. In this article, we look at the top ten best beverage franchise opportunities in India in 2023.
*Here is a list of the latest beverage franchise opportunities
Chai Sutta Bar
Chai Sutta Bar is one of the fastest-growing beverage chains in India. Anubhav Dubey and Anand Nayak established the brand in 2016. It is well known for its exclusive taste and quality. The brand's specialty is that it sells tea in Kulhads which attracts more customers.
A Chai Sutta Bar franchise is the top best beverage franchise business option in India currently. The brand has a tried and tested business procedure that the franchisees can easily adopt. They also provide excellent franchise support and business assistance. Chai Sutta Bar has more than 425 tea shops in around 200 cities in India.
Now let us look into the costs and profits of opening a Chai Sutta Bar franchise outlet. The total investment ranges between 16 lakhs to 18 lakhs rupees. The franchise fee is around 6 lakhs to 8 lakhs. The brand has a turnover of 100 crores. After establishing its presence in India, the brand also opened outlets in Dubai and Oman.
The Tea Time Group is a favorite tea chain of people all around India. Uday Srinivas Tangella founded this brand. In every city in India, you see multiple outlets of this brand. The brand stands high in quality and taste. A major factor that makes Tea Time a people's favorite brand is its affordability.
A Tea-Time franchise is one of the most profitable franchises to invest in by 2023. The brand has varieties of milkshakes, coolers, and flavored milk other than different types of tea. The tea-Time Group is spread across more than 20 states in India. The brand has more than 3000 outlets in the present day.
A major attraction of a Tea-Time franchise is the low investment cost. The investment ranges between 4 lakhs and 5 lakhs. The profit margin is
40% to 80% and the ROI time frame is 6 to 8 months. The brand provides support in choosing the location and will provide a complete tart-up kit.
The MBA Chai Wala is a top beverage chain introduced by Prafull Billore. The brand is offering franchise opportunities to entrepreneurs with a plan to expand its presence all over the country. It is surely going to be the best cafe franchise in India by 2023.
The total investment required is around 7 lakhs to 10 lakhs, along with a franchise fee of 3 lakhs rupees. The area requirement for a university model is 100 to 200 sq. ft. For a dine-in model, the space needed is around 800 to 1500 sq. ft. For a Lounge model, an area of 2500 sq. ft is required.
Drunken monkey is one of the top brands that serve shakes, juices, cold drinks, and the like. The brand has a menu of 200 different types of smoothies. The peculiar feature of Drunken Monkey is its focus on health and quality without compromising on taste.
This brand founded in 2016 and began franchising in 2017 offers a franchise-franchise-operate-dated business model. The total investment required to get a Drunken Monkey franchise in India ranges between 20 and 30 lakhs. The brand fee is rupees 6 lakhs. To set up a Drunken Monkey franchise outlet you need to have a space of 200 to 1000 sq. ft and 3 or 4 well-trained staff.
Edward Keventer founded Keventers, a renowned milkshake brand in India. It was introduced in 1920 by the parent company called Super Milk Products Private Limited. A major attraction of this brand is the vintage shake bottles in which they serve their milkshakes. Keventers is one of the top best beverage franchise opportunities in India
The total investment required to open a Keventers franchise is 25 lakhs to 30 lakhs. The brand fee of 9 lakhs can be paid in installments. The area required to start a Keventers milkshake shop is around 100 to 150 sq. ft. The brand trains its franchisees in shop handling and customer service. There should be at least 2 to 3 staff to run a Keventers outlet smoothly.
James Villasana founded Smoothie Factory in 1996. The brand menu comprises fruit juices, yogurts, salads, and smoothies of excellent taste and quality. The brand focuses on health-conscious customers and offers one of the most profitable franchise models in India.
The total investment cost required to set up a Smoothie factory franchise in India ranges between 10 lakhs to 20 lakhs. The brand fee charged is around 5 lakhs rupees. The space required to set up a franchise outlet of this brand is 300 to 500 sq. ft. Currently, the brand has more than 140 outlets in the country.
Cafe Desire is one of the fastest-growing tea and cafe franchises in the country. The brand won the title of the most trusted brand in the coffee and cafe franchise segment in 2016. They provide numerous varieties of coffee and tea of many flavors.
The total investment cost required to set up a Cafe Desire franchise outlet ranges between 5 lakhs and 10 lakhs. The franchise fee is between 1 lakh to 2 lakhs. The area required is 200 to 300 sq. ft. Cafe Desire helps its franchisees in matters of business operation, selection of location, and marketing procedures.
Abhishek Tripathy opened the first shop of Shake Shook un Gurdaspur in 2015. Shake Shook serves high-quality milkshakes with a focus on the health factor. It is an eco-friendly and chemical-free milkshake brand that is spread in various parts of India.
The Shake Shook franchise requires an investment between 9 lakhs and 10 lakhs rupees. The brand fee charged is 3 lakhs. You need to have a space of size around 200 to 500 sq. ft to open a Shake Shook franchise outlet. Currently, there are around 10 outlets of this brand in the country
Chai Kulhad Bar
This brand made a revolution in the tea and beverage industry in India. Among the various beverage franchise opportunities in India, Chai Kulhad Bar stands out for its quality and trust. Vishal Parmar introduced the brand in 2020 and started franchising in the same year
Chai Kulhad Bar has two different franchise models, a kiosk and a cafe. The investment cost to start a franchise outlet of this brand ranges between 5 lakhs and 10 lakhs. The ROI time frame is around one month. A Chai Kulhad Bar requires a space of at least 100 to 250 sq. ft. The franchise fee charged by the brand is 2 lakhs to 5 lakhs.
Café Coffee Day
Café Coffee Day is one of the best beverage franchise opportunities in India, founded in the year 1996. The greatest plus of the brand is the sense of trust associated with it. It has a huge customer following, which makes a Café Coffee Day franchise immensely profitable.
The franchise cost required to open an outlet if Cafe Coffee Day is around 9 lakhs to 10 lakhs along with a brand fee of rupees 50,000. To run a CCD outlet smoothly, you need to have at least 5 to 6 staff. The total space required is around 1000 to 1500 sq. ft.
In this article, we have looked at a few best beverage franchise opportunities in 2023. To clarify your doubts regarding food and beverage franchising, do visit the official website of FranchiseBazar. It is best to seek professional guidance before entering into a franchise business. A well-qualified franchise business consultant can assist you in choosing the best franchise as per your interests, business background, and financial capacity. To know more about franchising opportunities in India, contact FranchiseBazar @ +91 9844443200 and book a free initial consultation session with our senior business consultant.
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