Hello Guys, Today we will read about the Wow! Momo franchise Business. if you want to start a business in a Fast food. Then, you can go for the Wow Momo franchise. It is the best decision for you and your upcoming future. In this post, we will talk about the total investment of a Wow Momo franchise, Wow Momo franchise Profit or loss, Space required for the Wow Momo franchise, and more topics will be covered about how to get a Wow Momo franchise in India in 2023.
Company Details of Wow! Momo
The Wow Momo brand was started in 2008 by Sagar Daryani and Binod Homagai. Wow Momo was established on August 2008 in Kolkata, India.
| Website:- | https://www.wowmomo.com/ |
| Founders:- | Sagar Daryani and Binod Homagai |
| Headquarters:- | Kolkata, India |
| Product:- | Momo, Burger, etc. |
| Industry:- | Public Company |
| Parent organization:- | Wow! Momo Foods Private Limited |
| CEO:- | Sagar Daryani |
Benefits of the Wow Momo franchise
Wow! Momo is one of the trusted and low-cost investment Businesses in the fast food chain. You will get a 100 % guarantee of earning with a good return on investment.
- Wow! Momo gives the best momo of India.
- Wow Momo offers all fresh and own chuck to the guests.
- In India, there are more than 1500+ caffs in 50 different metropolises.
- Wow Momo is the stylish and fastest-growing fast food ballot in India.
- It provides no cuisine, frying, and grilled refections.
- The company is flexible with the ballot regarding space conditions.
- Wow Momo provides detailed training and support to the ballot from Wow Momo ballot headquarters, ballot development agents, and field superintendent staff.
- The company provides all types of marketing and promotional support to the ballot.
Requirements for a Wow Momo franchise
- Area requirements:- To open a Wow Momo store Franchise you want a minimum area is 200-300 square feet.
- Employer’s requirements:- You need minimum 3 Employers to operate your restaurants. It also depend on the requirement.
- To be Financially strong to invest in the business, Should have basic knowledge of the business.
Eligibility for a Wow Momo franchise
- The owner should follow all terms and conditions of Wow Momo company.
- You must have proper money Investment to open this franchise.
- Must have a proper space in a good location for the outlet.
- The owner must have knowledge of running an outlet.
Wow Momo Franchise Cost in India
The cost of a Wow Momo franchise depends on many factors like a franchise fee, location, size of the shop, equipment required and etc. According to Wow Momo, the total investment is approximately Rs. 7 lakhs to Rs. 10 Lakhs.
- Franchise Fee:- The franchise cost of a Wow Momo franchise is up to INR 25,000 + GST in India.
- Investment in Store:- The Investment in setting up the store of Wow Momo is Rs. 5 lakhs, depending on location in India. It includes the cost of equipment, and furniture, and the investment depends on store size and structure.
- Security Deposit:- The Security Deposit depends on the shop’s location.
- Working capital:- The staff salaries, inventory cost, and other operational expenses.
Space Required for Wow Momo Outlet
Wow Momo store space depends on the size of the store. A minimum space of 200 to 300 square feet space is needed to start the Wow Momo franchise. If you taking a store on rent then remember the rent of a store in a prime location may be too high.
Documents & Licence
- First, you must register your Business with the (Roc) Registrar of Companies and get your certificate of incorporation.
- ID Proof:- Aadhaar Card and Pan Card.
- Address Proof:- Ration Card, Electricity Bill.
- Bank Account with Passbook.
- Photo, Email ID, Phone Number.
- Fire safety certificate.
- GST Number.
- Standard franchise agreement.
- FSSAI Licence.
- Rental agreement.
- In the end, you’ll need to obtain insurance coverage for your business.
Wow Momo Franchise Profits and Margin:
Wow Momo is one of the largest fast food chains in India and it’s on trending nowadays. The future of Wow Momo is very bright. So, Everyone wants to take a franchise of Wow Momo but they have only one question what will the Profits and Margin of Wow Momo? So, today we will clarify the margin and profit of Wow Momo.
A Wow Momo franchise can generate a net profit margin of 15% to 20%. This means that for every $100 in sales, a franchisee can expect to earn $15 to $20 in net profit. According to industry estimates, the average ROI for a Wow Momo franchise in India is around 12 months. This means a franchisee can expect to break even and start earning profits after around 1 year of operation.
How to apply for the Wow Momo Franchise in India?
- First, you have to go to the official site of Wow Momo India.
- https://wowmomos.in/apply-now/
- Go and fill out the form then the support team will contact you.
- Carefully read all the agreements before doing any signatures.
- After all the processes pay the franchise fee.
- then you will be the owner of the Wow Momo franchise.
Wow Momo Franchise Contact Details
If you are getting any issues or you want to take a franchise Wow Momo then you can contact them from here. All details are mentioned below:-
Address: Raja Subodh Chandra Mullick Road, 24 Shyama Pally Kolkata, West Bengal – 700032 India.
Telephone: +91 9748434093, +91 8481061840
Website : https://www.wowmomo.com/
Email ID: [email protected] & [email protected]
Frequently Asked Questions of Wow Momo:
Q 1. What is a Wow Momo franchise?
Ans : Wow Momo is one of the trusted and low-cost investment Businesses in the fast food chain. You will get a 100 % guarantee of earning with a good return on investment.
Q 2. What is the cost of a Wow Momo franchise in India?
Ans : The cost of a Wow Momo franchise in India is approximately Rs. 7 lakhs to Rs. 10 Lakhs.
Q 3. How to open a Wow Momo franchise?
Ans : First you have a good investment and patience. Then, some criteria like the need for all documents and the need for space for opening. After this fill out the form and wait 2 days. You”ll get a call back from Wow Momo. then confirm all the detail and pay the franchise fee and start your business.
Q 4. Is Wow Momo franchise profitable?
Ans : Yes, it is profitable you can earn a profit up to ₹ 85000 per month.
Q 5. Who is the CEO of Wow Momo?
Ans : Sagar Daryani is the CEO of Wow Momo.
We wish you got all information about the Wow Momo. if you think that some more topics can add or you have your issue then you can comment down| mail us. you can grow with businessuniqueidea. Thanks for visiting our site. Have a nice day.
