Written By: Bandana Gupta

The food and beverages industry in India is gaining popularity. The desire for something new is one of the most important factors contributing to such popularity. One of the products which are particularly popular is bubble tea. Boba Bhai is the company offering bubble tea and Korean cuisine. It has created a new type of fast-food restaurant which provides quick meals and beverages. If you are going to open your own beverages company, then you should know all the financial details of owning a Boba Bhai restaurant.

This guide provides all the necessary information concerning finances required to invest the methods of owning a Boba Bhai restaurant profits you can earn support services and other useful data which you may need to know before opening a Boba Bhai restaurant in India.

Cost of Boba Bhai Franchise in India

It is estimated that the amount of investment needed for Boba Bhai franchise would be around ₹20-30 lakhs. The cost would depend on several things, such as the size of the outlet, the location, and business type.

Details of the Investment

Particulars               Cost Estimate

Franchise Fee:            ₹5 lakh – ₹8 lakh

Total Investment         ₹20 lakh – ₹30 lakh

Space Required          150 – 400 sq. ft.

Royalty Fee:                About 7% of net sales

Working Capital          ₹5 lakh – ₹10 lakh

Period of break-even  12-18 months

ROI     18-24 months

The investment will usually cover setup costs, kitchen appliances, interior, branding, and inventory costs.

Also read - - Low-Investment Food Franchise Opportunities in India

About Boba Bhai

Boba Bhai is a brand that is growing fast and it makes food and drinks. Boba Bhai is really good at making bubble tea and quick meals that are inspired by food. A lot of people like Boba Bhai because it has cool things on the menu and it looks really nice. Boba Bhai is also very good at using media.

*Brand Journey

 Boba Bhai started in 2022. The people who made Boba Bhai wanted to bring bubble tea to people in India and they also wanted to make flavors that people in India would like. Boba Bhai has opened places in big cities and it is still growing. Boba Bhai is growing by letting other people open Boba Bhai places too.

*Industry Category

Boba Bhai is part of these groups:

• Food and drinks

• Bubble tea

• Places that serve food fast

• Korean food and drinks

Related read. Top Beverage Franchise Businesses in India.

Franchise Models from Boba Bhai

Boba Bhai has ways for people to invest.

They offer two models.

* FOFO Model

In the FOFO model you invest in. Run your own Boba Bhai outlet. You make all the decisions. You have to follow Boba Bhais rules.

* FOCO Model

The FOCO model is different. You invest in the outlet. Boba Bhai manages it. They handle the work, staff and management.

This is good for people who want to be involved. Not too much.

Read more about it: FOFO, vs FOCO Franchise Model Explained

Reasons to Join Boba Bhai Franchise?

Emerging Bubble Tea Industry

There is an emerging trend of bubble tea consumption in India, where young people look for new tastes.

Brand Credibility

Boba Bhai has created a loyal consumer base due to:

•           Marketing on social media platforms

•           Influence of influencer partnerships

•           Associations with events

•           Online marketing activities

Low Cost of Entry

As compared to a normal cafe franchise, the Boba Bhai needs a comparatively lower initial cost investment.

High-profit Margin Beverages

It's known that beverages have high profit margins and faster service time.

Targeted Marketing

The brand caters to:

•           College kids

•           Young professionals

•           K-pop fans

•           Social media savvy people

Related reads—Benefits of Investing in a Food Franchise

Menu of Products Provided by Boba Bhai

Boba Bhai has a big menu. It's not just about bubble tea, you know.

Beverages Menu

•           Boba Bhai has bubble tea.

•           They also have milk tea.

•           You can try their fruit tea.

•           Cold coffee is on the menu too.

•           They have smoothies well.

Foods Menu

•           If you like food try their Korean burgers.

•           Fried chicken is another option.

•           Rice bowls are available.

•           Noodle bowls are there too.

•           Corn dogs are on the menu.

•           You can get loaded fries.

•           Maggi is also an option.

Dessert & Breakfast

•           Ice cream is available.

•           They have breakfast foods.

•           Seasonal specialities are offered too.

The menu keeps changing based on what customers like.

Related articles. Best Bubble Tea Franchise Options in India

Franchise Support and Training

Boba Bhai is really good at helping the people who own Boba Bhai franchises. They want to make sure these franchise partners do well.

To do this, Boba Bhai gives them a lot of help before they even open their doors. This is what they call Pre-Launch Support.

The company helps the franchise partners with things like:

* Finding a spot for their store

* Negotiating a lease for that spot

* Designing the store to look nice

* Setting up the store

* Getting all the necessary licenses

Boba Bhai also trains the staff. They teach them about:

* How to make drinks

* Keeping the food safe

* Being nice to customers

* Using the cash register

* Managing the inventory

When it comes to Marketing Support, Boba Bhai franchisees get help with:

* Using media to advertise

* Promoting the Boba Bhai brand

* Getting influencers to talk about Boba Bhai

* Coming up with advertising plans

Operational Assistance is also provided by Boba Bhai to their franchisees. This includes assistance in:

* Vendor management

* Quality assurance

* Cost saving

* Inventory planning

The company also provides Technology Support. This includes:

* The systems they use to handle sales

* The tools they use to manage customer relationships

* The software they use to track sales

* The dashboards they use to analyze the business

reads. How Franchise Support Helps Business Success

Who Can Apply For The Boba Bhai Franchise?

Anybody willing to conduct business can apply.

*It applies to entrepreneurs.

 They are people willing to set up a business revolving around customers.

*People working in quick-service restaurants can apply too.

*They are experienced restaurant, cafe or retail professionals.

 They can utilise their skills to make the Boba Bhai franchise a success.

*Applicants who are investors can apply.

They are individuals who are interested in investing in a developing franchise business.

Boba Bhai will offer them assistance.

*Customer-oriented business owners can apply too.

They are individuals concerned about the quality of services and customer satisfaction.

They must be committed to maintaining high-quality services.

*Individuals owning such locations that receive many people can apply perfectly.

Some examples of such places include:

• Shopping Malls

• Food Courts

• College Towns

• Commercial Centres

• IT Parks

Read. How To Select The Right Franchise Business

Profitability and Profitability Potential

The amount of profit made by a Boba Bhai outlet is determined by factors such as the location, number of customers, and management and marketing efforts.

It is essential to take into consideration the profitability potential of a Boba Bhai outlet while analysing its financial performance.

Financial Overview

•           Franchise fee needed for Boba Bhai outlet: ₹5 lakh – ₹8 lakh

•           Royalty fee for Boba Bhai outlet: 7% of Boba Bhai outlet's sales

•           Marketing contribution for Boba Bhai outlet: About 2%–3% of Boba Bhai outlets sales

•           Breakeven period for Boba Bhai outlet: 12-18 months

•           Expected return on investment for Boba Bhai outlet: 18-24 months

A properly located Boba Bhai outlet can attract many customers and earn daily sales.

It is very important to understand Boba Bhai outlets' profitability potential and financial performance while reading the Franchise ROI and Profit Margin Guide for a Boba Bhai outlet.

What Makes Boba Bhai Special

Boba Bhai is a known brand in India that serves food from Korea and bubble tea. Boba Bhai is different because it combines food with bubble tea, which is a new idea in India. The Menu Is Always Changing

Boba Bhai keeps making food items because of what the customers want and what is popular.

People Know About Boba Bhai

Boba Bhai is seen at events like

* IPL events

* Music festivals

* Comic Con

* Working with people on social media

 Boba Bhai Wants To Grow

The company wants to open more Boba Bhai stores all over India and be a big name, in the bubble tea and Korean food business.

Reads: Emerging QSR Franchise Brands in India

Conclusion:

Boba Bhai is a chance for people who want to start their own business in India's bubble tea and quick-service restaurant industries. This industry is growing fast.

You can start a Boba Bhai franchise with an investment of ₹20 lakh. The Boba Bhai brand is already popular. They also offer a lot of support to franchise owners.

Many people are interested in investing their money bubble tea franchise. This is a promising opportunity to grow your business. If you're looking for a food business that young people will enjoy, Boba Bhai is a choice.

You can earn a lot of money from a Boba Bhai franchise over time. Boba Bhai is an option because it's a business that people will like for a long time. People will keep coming for Boba Bhai. Boba Bhai is a business that many people will be interested in.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.