Business Idea: Start A Tea Business in 2024
Tea is a hydrating beverage that comes in various flavors and types. History shows that people across the globe have been drinking tea for centuries.
According to experts, tea has a lower risk of different ailments, including cognitive issues such as heart disease, stroke, diabetes, and much more. Besides, some types of tea provide better sleep quality and help people relax, which lowers the risk of depression.
If you love drinking tea, starting your tea business could be profitable. First, decide the type of tea to start producing. The niche will depend on the audience you intend to reach.
Then, it would help if you determined the business type. Options include:
- Tea farming
- Processing and packaging plant
- Tea tasting
- Distributor or wholesaler
- Tea shop
- Tea blog
Register a legal entity and complete the tax registration for your tea business. Consider applying for insurance cover before launching your tea business.
Revenue & Profitability
How much do tea businesses make?
- On average, successful tea businesses report $2.41M/year in revenue.
- 0% of tea businesses report being profitable.
Startup Costs
How much does it cost to start a tea business?
- It can cost as low as $5,000 to start a tea business.
- It can cost as high as $200,000 to start a tea business.
Learn more about the costs of a tea business.
Examples Of Successful Tea Businesses
Successful tea business businesses and case studies
Matcha.com started as a passion project by two founders, now the largest supplier of ceremonial matcha outside of Japan with a monthly revenue of $100k, using podcasts, micro-influencers, and email campaigns to attract and retain customers.
How Andy Hayes built a 7-figure online loose leaf tea business, with one of the largest tea subscription boxes and a curated selection of tea accessories, generating half of their revenue from a la carte tea sales and half from their popular tea of the month club community.
See full list of successful tea businesses.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
