With its main office in Kolkata, West Bengal, Wow Momo Franchise Food is an Indian fast-food restaurant chain that specialises in momos, dumplings, and other treats from Tibet and Nepal. The finest fast food momo brand with the quickest rate of growth is Momo Food. For those who are interested in exploring this revolutionary business, this manual will focus on essential topics, including the Wow Momo franchise benefits, Wow Momo franchise cost in Kolkata, Wow Momo franchise cost in India, and how to get a Wow Momo Franchise profit margin. Potential commercial enterprise owners can look at what they need to understand about the Wow Momo Franchise: how much investment is required and what the earnings will be afterwards.
Overview of Wow Momo
Founded in Kolkata by business partners Sagar Daryani and Binod Homagai, Wow Momo was launched on August 29, 2008. The their last year of college, these St. Xavier’s Kolkata natives made the risky decision to provide customers an experience rather than just Momo! They name it Wow Momo, to put it simply. The fundamental concept was to provide an experience that would leave their clients saying “Wow”!. For individuals wishing to enter the momo business, the Wow Momo Franchise offers a profitable opportunity because momo is one of India’s most loved and commonly consumed fast food.
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Why Choose A Wow Momo Franchise?
- The Wow franchise price is low when compared to its peers.
- The prices of all Wow Momo goods are affordable. Because working professionals and middle-class families like it.
- Wow Momo is a well-known Quick service restaurant chain in India, having opened for business in 2008.
- Its extensive menu, which includes desserts, guarantees that it will satisfy India’s picky eaters!
- Wow Momos is a grab-and-go business strategy of momo fits the fast-paced lifestyle of India.
How To Get A Wow Momo Franchise?
After just three years on the market, this brand has quickly adapted to the tastes of teenagers, college students, and momo enthusiasts, which makes it a compelling option for skill dealers.
Eligibility Criteria and requirements for Wow Momo Franchise:
- Age requirement: 18 years old or older.
- Must be free of criminal records.
- Must possess a valid education certificate from an institution on the list.
- Need to be mentally sound devoted to food and possess a strong determination to manage, the company
- There must be legitimate paperwork.
Documents needed are:
- Adhar card
- Online application form submission
- Pan card
- Bank details
- 1 passport-size photo
- Store location pictures
- Past 3 months’ account statement in PDF format
Choosing the Perfect Site:
- A Wow Momo franchise can be opened in an area of 250-300 square feet.
- This space is quiet enough to accommodate a billing desk, lavatory and sufficient area to provide dine-in and takeout Wow Momo dishes.
- Because Wow Momo is so famous, there is always a constant stream of people coming in for Momo.
Experience required:
- No experience is required to open a Wow Momo franchise
- It is a quick-service restaurant with a kiosk takeout business model.
- The parent business offers to teach your staff members with one master chef.
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Getting started with your Wow Momo franchise is easy with our easy application process:
- Go to the official website and provide basic information about yourself, including name, email and contact details
- Enter the preferred duration of the investment.
- Give an ideal location for the franchise.
- After that, company representatives will be in touch to discuss particular details.
- You pay the franchise registration costs after verifying contracts and documentation.
Wow Momo Franchise Enquiry
Corporate Office Address: 2E, 1, Raja Subodh Chandra Mallick Rd, Bidhanpally, Jadavpur, Kolkata, West Bengal 700032
- Email: support@Wow!momofoods.co.in
- Mobile: +91 9831621886
Wow Momo Franchise Model
Wow Momo has two unique franchising options to accommodate various business needs:
Company Owned and Company Operated (COCO):
- The firm is run according to the COCO (Company Owned Company Operated) model.
- The business handles all aspects of food procurement, processing, manufacturing and delivery. Every city now has a single central cloud kitchen created by the corporation.
Due to the versatility of these franchise models, company owners can select the structure that most closely matches their tastes and business objectives.
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Wow Momo Franchise Cost in India
The size and location of the franchise affect the cost of a Wow Momo franchise. Typically, the price points begin at Rs.1,00,000 to Rs. 8,00,000. There is a three-year franchise term that can be extended. Dive into the Wow Momo franchise cost in India for a moneymaking project in the flourishing fast food marketplace, subsidized with a stable basis in 2021.
Wow! Momo’s broad appeal might be attributed, in part, to its array of business strategies that accommodate varying investing inclinations. The company offers four unique business models, each requiring a different amount of investment:
- Distributorship: Needs a 6–8 lakh rupee investment.
- Conclusion Kiosk model: Requires a one to two lakh rupee investment.
- Rapid Response Restaurant: A two to four lakh rupee investment is needed.
- Franchise: Requires a $4–6 lakh investment.
Potential company owners can select a model from this variety of options that best fits their budget and objectives. An outlet may run with as few as two staff, while bigger outlets can need as many as four or five to run smoothly.
| Total Investment Required | ₹8,00,000 |
| Expenses Incurred Salary to 4 employees per month | ₹40,000 |
| Rent Paid for 300 sq. ft. of area | ₹10,000 |
| Miscellaneous Expenses | ₹5,000 |
| Total Expenses | ₹ 55,000 per month |
| No. of customers who order momos(Approx) | 50 persons daily |
| The average amount of orders by each customer | ₹200 |
| Total Income on a daily basis | 50*200 = ₹10,000 |
| Monthly Income | ₹ 3,00,000 |
| Gross Profit (50%) | ₹1,50,000 |
| Total Profit after deducting monthly expenses | ₹95,000 |
The Return on Investment (ROI) is projected to be within 9-10 months, making it an appealing prospect. An investment of Rs. 8 lakh can yield returns on its franchise model, Wow Momo, in about 10 months. This indicates that a Wow Momo store makes about Rs. 85,000 monthly.
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Wow Momo Menu
- Veggie fried momo
- Paneer fried momo
- Corn and cheese fried momo
- Chicken fried momo
- Chicken and cheese fried momo
- Baked momo
- Wow metro meals
- Desert
- Drinks
Wow Momo Franchise Competitors In India
- OZiva franchise
- Sapphire Foods Franchise
- Auntie Fung’s franchise
Wow Momo Franchise List In India
Wow! Momo With its creative twist on traditional momos, Momo has quickly become a household name in India, with more than 200 locations spread across 13 cities. Wow! Momo’s standing as one of the most reputable fast-food chains in the nation has been cemented by this expansion. Important cities including Kolkata, Bangalore, Delhi, Mumbai, Chennai, Kochi, Lucknow, Pune, Bhubaneswar, Noida, Gurgaon, Cuttack, and Kanpur have seen great success in the brand’s establishment.
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Wow Momo Franchise Profit Margin
The ROI (return on investment) in the momo franchise space, including Wow Momo, is very accurate and high, the precise proportion of profit margins is INR 85,000 per month. Opening a Wow Momo franchise is a strong opportunity to enter the low-cost business sector, with the assurance that Momo enthusiasts will always find a way to support the firm. Wow, Momo is extending its offerings beyond Momo by adding other fast food and snack items, increasing its appeal.
Moreover, Wow! Momo’s capacity to reach a variety of consumer markets is demonstrated by its presence in significant urban areas. The brand’s deliberate regional development into Bangalore, Chennai, Delhi, Mumbai, Lucknow, Pune, Bhubaneswar, Noida, Gurgaon, Cuttack, and Kanpur is indicative of its versatility and attractiveness.
When it comes to the crucial issue of profitability, the Wow Momo franchise proves to be a successful venture. The momo stall’s continuous patronage attests to its profitability. With a low-cost setup and a reputation for providing affordable, clean, heated beverages and snacks, the business guarantees a satisfying experience. Future business owners in the fast food sector seeking a lucrative and long-lasting venture may consider the Wow Momo franchise, as its financial stability and solid reputation will undoubtedly impress.
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Conclusion
In conclusion, the business partners Sagar Daryani and Binod Homagai began as a small momo stall tea, has now grown into a big sensational business with more than 425 franchisees spread throughout 19 Indian states. Wow Momo Franchise owners will have a creative and profitable potential business in the fast food industry. The company’s success story not only demonstrates the nation’s unwavering passion for momo.
Choosing a Wow Momo Franchise has several benefits, such as thorough training sessions, fair pricing, and a quick payback period. With an anticipated return on investment of INR 85,000 per months, the comprehensive cost study shows the Wow Momo Franchise’s affordability. The brand is well-liked by younger people, college students, and of course momo lovers. Its extensive menu includes a range of momo, drinks and other snacks.
The Wow Momo brand is still a good option for anyone looking for a low-cost, high-return business venture in the food and beverages industry as it grows its market share and broadens its product options. In the cutthroat market for momo and snacks, the Wow Momo Franchise is well-positioned for success. Thanks to its solid financial status and dedication to client pleasure.
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