Starbucks has opened more than 190 stores in India since they entered the market with a joint venture back in 2012.
About Starbucks – Overview
The Starbucks Corporation is an American company and coffeehouse chain which was founded in 1971 in the City of Seattle, Washington, the USA by Jerry Baldwin, Zev Siegl, and Gordon Bowker.
Starbucks Business Model in India
In January 2012, Starbucks got into a 50-50 joint venture with Tata Global Beverages which led to the formation of Tata Starbucks Private Limited which now owns and runs the Starbucks outlets in India.
Product Range of Starbucks Business Model
Every branded business has a signature product along with the other products, and the signature product of Starbucks is Coffee, but along with coffee, it offers many other products and beverages.
One thing that must be noticed is that Starbucks is not offering the franchise business in India, so no one can open a franchise store of Starbucks in India
You will need to submit some basic documents to run the outlet of Starbucks in India as mentioned below:– Personal Document– Permanent address proof– Adhaar card– PAN card– Mobile Number– Bank account detail– Property Document– Land NOC– Lease Agreement– Retail License
Profit Margin of Starbucks Outlet
There are no specific numbers or statistics to show how profitable Starbucks is as a company, but a person running a Starbucks outlet is bound to earn significant returns.
How to Apply Online For Starbucks Outlet License
For applying online for the Starbucks store, you need to visit the official website of Starbucks, fill up the application form, and submit it there.
For Conclusion on Getting Starbucks Franchise Please...