Island Tea Co. and Ceylon Coffee Club signs master franchise for 100 branches in Sri Lanka
Ada Derana: “Island Tea Co.” and “Ceylon Coffee Club” is owned and operated by Ceylanka Trading Inc., a registered company under the Securities and Exchange Commission of Philippines. Ceylanka Trading Inc. operates the largest network of Pure Ceylon Tea and Coffee cafes with over 140+ branches across Philippines, Dubai and Sri Lanka with openings planned in India and Ireland in the 3rd and 4th quarters of 2023.
The company recently signed a Master Franchise Agreement for Sri Lanka with Silk Five Limited Sri Lanka with the aim of opening 100 new branches in 5 years across Sri Lanka, which will mark a significant presence for the retail chain in Sri Lanka. The agreement was entered into by Minodh de Sylva, on behalf of Ceylanka Trading Inc. Philippines, who is the company’s Director/Chief Business Officer. Dr. Chinthaka Prasad and Dr. Asela Panditha signed on behalf of Silk Five Limited, the master franchise awardees for Sri Lanka.
Whilst the company opened its 1st branch in Sri Lanka on the 4th of May 2023, along with the recent collaboration they hope to open 20 branches per year for the next 5 years in Western Province and other key cities and Provinces across Sri Lanka.
“Our main aim is to open 5 or 6 more branches within 2023 targeting Colombo, Kandy, Negombo and Ella areas,” said Dr. Chinthaka Prasad of Silk Five Limited, Sri Lanka.
“The company has already commenced construction and plans to open its second branch in Sri Lanka at the Colombo City Center, the premier lifestyle mall in Sri Lanka by September 2023,” added Minodh de Sylva, Director/Chief Business Officer of Ceylanka Trading Inc. Philippines…
“Island Tea Co. and “Ceylon Coffee Club” will feature more than 100 beverage options from Iced Milk Teas, Fruit Teas, Cream Cheese Milk Teas, Brown Sugar Teas, Iced Cream Tea Shakes along with an Oreo and Nutella range, whereas the coffee lovers can look forward to a range of lattes, over iced drinks and frappes, all made exclusively from Pure Ceylon Tea & Coffee Beans creating novel recipes that are popular globally.
“We can confidently say that our offering to the Sri Lankan market would be one of a kind and something currently not offered by any other retail player in the market,” added Dr. Asela Panditha of Silk Five Limited, Sri Lanka.
The planned expansion in Sri Lanka would not only bring about an exciting new retail experience to all tea and coffee lovers, it will also create job opportunities and vocational training as well as certification by international trainers.
“Being a brand that uses only Pure Ceylon Tea & Coffee in all our recipes, we are excited for our plans to open more branches in Sri Lanka that will help in our vision of bringing this unique beverage experience more closer to all Sri Lankans” – said Minodh de Sylva, Director/Chief Business Officer of Ceylanka Trading Inc. Philippines…
Island Tea Co., and Ceylon Coffee Club, a fast-growing beverage chain famed for its authentic brews, is the brainchild of cutting-edge entrepreneur Minodh de Sylva, which was founded in 2017 with a single branch in Cebu City, Philippines. Minodh is a renowned business professional, visionary innovator and award-winning marketer featured in People Asia, FUTR Asia, Franchise Asia & the Philippine Franchise Association.
OSL take:
The expansion of businesses that use Sri Lankan tea and coffee beans in to the foreign market is a clear indication of the quality of local products. The expansion of a restaurant chain that uses Sri Lankan tea and coffee would definitely boost the two commodities, which are also export crops, among foreigners. Foreign businesses/investors could therefore confidently explore the expanding opportunities in Sri Lanka’s tea and coffee sectors. They could also look at forming partnerships or joint ventures with local businesses engaged in these sectors with the aim of expanding. With Sri Lanka aiming at becoming an emerging business destination in the South Asian region and the overall expansion of the country in line with it would ensure a growing business potential in the tea and coffee sectors.
| Article Code : | VBS/AT/20230822/Z_12 |