Teja Mart franchise
2024 filing · December 31, 2024
Teja Mart at a glance
A neighborhood convenience store. At the end of 2024 there were 2 Teja Mart locations in the US, all company-owned.
The business
- Industry
- Retail
- Franchisor
- Teja Mart Inc
- The company that sells the franchises
- Franchisor based in
- Mount Kisco, New York
- Typical size
- About 1,200 sq ft
What you pay
- Cost to open
- $55K–$132K
- Fee, build-out and opening working capital
- Franchise fee
- $3,000
- Paid once, when you sign
- Royalty
- 2.5%
- 2.5% of gross sales, paid monthly, plus 1.5% on local advertising
- Brand fund
- None now
- Not charged at present; up to 1% of gross sales
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 2
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2022–2024
From Teja Mart Inc’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Teja Mart among all franchises with the same figure.
| Figure | Teja Mart | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $93,325 | Costs less than 89% of franchises |
| Franchise feePaid once, when you sign | $3,000 | Lower than 98% of franchises |
| RoyaltyShare of sales paid to the franchisor | 2.5% | Lower than 99% of brands with a set rate |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a Teja Mart franchise costs
Opening one Teja Mart costs an estimated $55,150 to $131,500. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
Source: Teja Mart Inc, 2024 filing, page 14
Teja Mart franchise fee
The franchise fee is $3,000. You pay it when you sign the franchise agreement.
Source: Teja Mart Inc, 2024 filing, page 8
Royalty and ongoing fees
| Royalty | 2.5% of gross sales, paid monthly, plus 1.5% on local advertising. |
|---|---|
| Brand or marketing fund | Not charged at present; up to 1% of gross sales. |
| Local Advertising | 1.5% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Teja Mart Inc, 2024 filing, page 9
Other fees as filed, from page 9. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Teja Mart does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Teja Mart Inc, 2024 filing, page 41
How Teja Mart compares
Of the 302 retail franchises on this site, Teja Mart is the 24th cheapest to open and the 254th largest by number of locations.
| Figure | Teja Mart | Typical retail brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $55K | $198K | $222K |
| Cost to open, high end | $132K | $425K | $477K |
| Franchise fee | $3K | $35K | $40K |
| Royalty | 2.5% | 5.7% | 6% |
| US locations | 2 | 38 | 21 |
| Shares earnings figures | No | 187 of 302 | 2,147 of 3,352 |
Typical is the median across the 302 brands in retail franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 0 (0) | 1 | 0 | 0 |
| 2023 | 0 (0) | 2 | 0 | 0 |
| 2024 | 0 (0) | 2 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. Company-owned stores are run by the franchisor's owner.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: gas station franchises and franchise failure rates.
Source: Teja Mart Inc, 2024 filing, page 41
Who owns Teja Mart?
Teja Mart franchises are sold by Teja Mart Inc. Its filing names no parent company.
From Teja Mart Inc’s 2024 filing, page 6.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Teja Mart Inc, 2024 filing, litigation on page 7, bankruptcy on page 7
Teja Mart filings
The figures on this page come from Teja Mart Inc’s 2024 filing, issued December 31, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | December 31, 2024 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
