As we all know, Tea is a popular beverage in India. Indians love to take a sip of Tea as a refreshment during stress, for relief. The Tea and snacks with a good location can convert into a profitable business idea. It is the idea of Prafull Billore. He is now a famous businessman among youngsters who established MBA Chai Wala in 2017. This article will cover the details of MBA Chai Wala Net Worth, Lifestyle, Career, Early Life, and Franchise Cost.
Who is MBA Chai Wala?
Prafull Bilmore owns the MBA Chai Wala and established his three core businesses with his hard work, efforts, and passion. Prafull Bilmore, a B.Com. Graduated from a middle-class family and was born in Madhya Pradesh. Many know that MBA stands for Master of Business Administration, but even in actual MBA, Chai Wala stands for “Mr Billore Ahmedabad Chai Wala”.
If we talk about the income journey of MBA Chai Wala, he started his first job at McDonald’s as a maid and then as a cashier. But his passion is to do something else and earn his own identity. As a result, the MBA Chai Wala company was started. He faced a lot of challenges during the successful journey.
One of the first challenges was convincing the parents that I wanted to become a chai Wala. He initially got Rs. 8000 from his family to do short-term courses, and he invested that money in his Chai Wala business by putting a temporary tea station. But it didn’t work as planned, not one customer at the stall. He reworked his strategy, and on the second day, he started speaking English with his customers and then the customers were attracted by his speaking and started to take Tea. The business growth was up from that time, and after that, he looked behind.
MBA chai Wala is also popular on YouTube and other social media platforms for his delicious chai company in India. He is the inspiration of youths who want to do their own business.
Name | Prafull Bilmore |
DOB | 11 January 1996 |
Age | 27 years |
Birth Place | Dhar, Indore, Madhya Pradesh |
Height | 1.78 m (5’ 10”) |
Weight | 63 kg |
Gender | Male |
Eye Color | Black |
Hair Color | Black |
Marital Status | Married |
Nationality | Indian |
Profession | Entrepreneur, YouTuber |
Prafull Billore Education Qualification
School Education | Indore (School Name Not Known) |
College Education | IIM Ahmedabad (College Name Not Known) |
Degree | B.com |
Education Qualification | B.Com And MBA Dropout |
MBA Chai Wala Net Worth 2024
MBA Chai wala Net Worth | Net Worth |
MBA Chai wala Net Worth in 2023 | Rs. 32,80,00,000 |
MBA Chai wala Net Worth in 2022 | Rs. 28,89,82,700 |
MBA Chai wala Net Worth in 2021 | Rs. 23,60,84,400 |
MBA Chai wala Net Worth in 2020 | Rs. 19,59,88,200 |
MBA Chai wala Net Worth in 2019 | Rs. 13,54,97,750 |
Read More: Kyle Thomas Net Worth
How Did the MBA Chai Wala Idea Develop?
MBA Chai Wala used many different strategies to establish his own tea company. Indian are known as tea lovers and serving diverse varieties of Tea while speaking English is the plus point for the tea café. Prafull set up his tea stall at different events such as weddings, political events, and many other events to build d awareness among the people, attracting more more customers. Another marketing strategy which is very popular nowadays is social media and Prafull MBA Chai Wala maintains a regular presence on social media to connect with his customers.
MBA Chai Wala was paid Rs. 150 for the order of 5 tea cups with a toast. He gave his 100% effort in the right direction, time, and hard work, and revised the strategy,, resulting in a popular name in the market, especially among the youth.
What is MBA Chai Wala Business Model?
The primary focus of MBA Chai Wala is to open franchises in different locations of the country, which also help others build their business. MBA Chai Wala also offers training and support to help its franchisees start without hurdles. Below are some MBA Chai Wala Business model features:
- Affordable Tea, snacks, and coffee
- Best locations to open chai business
- Low-cost Business strategy
MBA Chai Wala Income
Prafull Billore earns over $4000 from both YouTube and sponsorships and $4,00,000 from MBA Chai Wala annually. He is a famous businessman in India whom different companies also support. Moreover, He also earns money from the MBA Chai Wala Franchise.
MBA Chai Wala franchises are available in different locations in India, making him money. He has a YouTube channel of 1.63 Million subscribers, which is monetized. He has a solid financial state. MBA Chai Wala’s daily Income is approx. Rs. 1.5 Lakh and his monthly Income is between 45 and 46 Lakhs.
MBA Chai Wala Social Media Accounts
MBA Chai Wala LinkedIn | mbachaiwala | 35,914 Followers |
MBA Chai Wala Twitter | prafull_mbachai | 294.4K Followers |
MBA Chai Wala Instagram | mbachaiwalaind | 123K Followers |
MBA Chai Wala YouTube | prafullmbachaiwa | 1.65M Susbcribers |
MBA Chai Wala Franchise
MBA Chai Wala has more than 11 franchisees in different cities of India. Its franchise is cost-effective and can potentially return to the business owners. He is growing up in the chai and café sector with his marketing skills.
There is a three café model for those who take the franchise of MBA Chai Wala.
- Lounge Model: Lounge Model is the largest model under the MBA Chai Wala franchise. The space should be more than 500 sq. ft. to up to 800 sq. ft. for the lounge model.
- Dine-In model: This is the medium model under the MBA Chai Wala franchise. The space should be more than 300 sq. ft. to up to 400 sq. ft. for the Dine-In model.
- Kiosk Model: This is the most miniature model under the MBA Chai Wala franchise. The space should be around 150 sq. ft. is enough.
The Kiosk Franchise model is a successful model among those who do not have ample scale space to open a café. It allows newbies to start their business at a minimum cost.
NAME | Prafull Billore |
Net worth | $3 million |
Monthly Income | $30,000 |
Yearly Income | $4,00,000 |
Wealth | Rs. 3.4 crores |
MBA Chai Wala Franchise Contact
+91 722 290 5222
Info@mbachaiwala.com
franchise@mbachaiwala.com
MBA Chai Wala Franchise Cost
You have an idea about the MBA Chai Wala’s franchises from the above details. Now it’s to understand the franchise cost in detail, which will help you decide which of the three model models is best for your café. The agreement duration is three years. After that, you have to renew the franchise agreement. The significant cost is the rent, equipment, and the café interior, which will cost around Rs.15-17 Lakh, along with the first agreement of 3 years. One of the best options you have is you pay it in 3 instalments:
- First Installment: You have to pay the booking amount of Rs. 1.8 Lakhs.
- Second Installment: The second instalment is around Rs. 10 Lakh, and you must pay after the first agreement is finalized. It has to be paid within ten days of the franchise’s booking.
- Third Installment: The third and last payment has to be paid within 30 days of booking the franchise.
Prafull Billore is such an example among youths; if you have dedication, passion, marketing strategies, and hard work, you can never fail to achieve your goal. MBA Net Worth is growing constantly along with the franchises and workspace in the market.
FAQs About MBA Chai Wala Net Worth
1. Who is MBA Chai Wala’s owner?
Prafull Billore is the owner of MBA Chai Wala.
2. What is the MBA Chai Wala’s educational background?
Prafull Billore is a B.Com graduate who comes from middle class family.
3. What is the MBA Chai Wala Net Worth?
MBA Chai Wala Net Worth in 2023 is Rs. 32,80,00,000
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