Wow Momo Franchise: Wow Momo is an Indian chain of fast-food restaurants headquartered in Kolkata. It was founded in 2008 by St. Xavier’s College alumni Sagar Daryani and Binod Homgai. As of March 2022, the company has around 350 outlets in 17 cities in India. The company also aims to bring an IPO in a few years with plans to establish a global foothold.
And the company has to give good competition to a company like Domino’s and McDonald’s and to increase its network, for which the company is opening more and more branches, for which the company is giving its franchise, then any person if he wants to open his fast-food restaurants. So that’s why Wow Momo Franchise and earn good money in this business.
- What is Wow Momo Franchise?
- Requirements For Wow Momo Franchise
- Benefits Of Wow Momo Franchise
- Wow Momo Franchise Cost In India
- Land Required For Wow Momo Franchise
- Document Required For Wow Momo Franchise
- Wow Momo Franchise Apply Online
- Key Points Of Wow Momo Restaurants
- Profit Margin Within Wow Momo Franchise
- Wow Momo Franchise Contact Number
- Wow Momo Franchise India Expansion Location
What is Wow Momo Franchise?
You would know about Dealership or Franchise, if you do not know, then we tell you a little bit, a very big company wants to increase its network but it cannot work everywhere itself. Gets it opened from a branch in its name
And gives authority to sell its products or services, it is called Franchise, similarly Wow! Momo also gives Franchise for its branch open then any person if Wow! If you want to do business with Momo Franchise then it is the right business.
Also Read: How To Get Pizza Hut Franchise: Cost, Apply Online, Contact Number
Requirements For Wow Momo Franchise
If you take Wow Momo Franchise restaurants, then many things are needed like:-
- Space requirement: Good space is required inside it because a godown has to be made inside it.
- Documentation required: Wow! Documents required for Momo fast food restaurant franchise
- Worker requirement: Wow! Momo fast food restaurant franchise requires at least 1 or 2 helpers
- Investment requirement: Without investment, no business can be done, and wow! Momo fast food restaurant franchises also require good investment.
Benefits Of Wow Momo Franchise
- This is a budget cafe
- Less investment hence less chance of risk
- Large consumer base
- Low working capital
- Perennial product mix
- Brakes are also easy to find
Wow Momo Franchise Cost In India
If you want to take Wow Momo Franchise, then you have to do investment in it for a store and a Godown and the company has to pay the security fee, for all these different investments have to be made and the investment in it is land and depends on the business because if you do business by making stores and godowns inside your own land, then it will work with less investment and if you have to buy land, then you will have to invest a lot in it.
- Franchise Fees: Rs.2 Lakhs To Rs.3 Lakhs
- Shop Cost: 800000 INR
- Other Charges: Rs.1 Lakhs To Rs.3 Lakhs
Total Investment: Rs.10 Lakhs To Rs.15 Lakhs
Land Required For Wow Momo Franchise
It does not require much space inside, it depends on your cafe, how big or how small is the cafe.
- Shop: 200 Square Feet To 400 Square Feet
Document Required For Wow Momo Franchise
Personal Document (PD): There are many documents inside the personal document such as:
- ID Proof: Aadhaar Card, Pan Card, Voter Card
- Address Proof: Ration Card, Electricity Bill,
- Bank Account With Passbook
- Photograph, Email ID, Phone Number
- Other Documents
- Financial Document
- GST Number
Wow Momo Franchise Apply Online
If Wow! If you want to apply online for the Momo Franchise, then follow the steps given below.
- First Go to the official website of Wow Momo restaurants.
- On the home page, the option of Be a franchise will be found, click on it and then a form will open.
- Fill in all the details inside the form, after that submit the form.
- After that, the company will contact.
Also Read: How To Get Goli Vada Pav Franchise: Cost, Apply Online, Contact Number
Key Points Of Wow Momo Restaurants
- Wow! Momo is a first-of-its-kind brand that promotes street food keeping in mind the overall hygiene and health factors.
- The company provides food according to the differing views, market dynamics, and consumer sentiments.
- From a single outlet to 200+ outlets, the journey speaks volumes about the hard work, business acumen, and insight of its founders.
- The company works with a workforce of 2000+ employees,
- The company has 14 food items on its menu which are very much liked by the customers.
- Wow! Momo Foods Pvt Ltd has expanded not only through its self-owned outlets but also through a franchise model,
- Wow! Momo aims to generate Rs 1000 crore business in the future and penetrate deeper into the consumer market.
Profit Margin Within Wow Momo Franchise
Let’s say, on an average 60 people are going to order per day, and the average selling price of your item is Rs 150. So, the total selling price (60 ×150INR)= Rs.9000 in a day would be; Meanwhile, Rs 9000×30= Rs 270000 in a Month.
So, your monthly gross income: 135000 INR (50% of 270000) will be
And, your actual monthly profit will be (135000-50000) INR= 85000
As a franchise owner in this business, you can recover your entire investment amount within a time frame of 9 to 10 months.
Wow Momo Franchise Contact Number
Address: 29A/2E/1, Raja Subodh Chandra Mallik Road, Jadavpur, Kolkata
Ph no.: 080178 58703
Email: info@wowmomo.co.in
Wow Momo Franchise India Expansion Location
- North: Delhi, Uttar Pradesh, Haryana, Himachal Pradesh, Punjab, and Uttaranchal
- South: Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
- East: Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
- West: Gujarat, Rajasthan, Maharashtra, Goa
- Central: Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
- Union Territories: Pondicherry, Chandigarh, Lakshadweep, Daman and Diu, Jammu and Kashmir,