Momo Street franchise is a good Momos Franchise in India. We will discuss Momo Street Franchise Cost, Profit, Review, and How to Start the franchise.
The franchise has 40+ outlets in India. The franchise has a whole deck of Momos and Chinese items on its menu.
You can directly enroll for the Momo Street Franchise by filling up the Google Form.
Momo Street Franchise Cost
Momo Street Franchise Cost ₹4,00,000 Rupees to ₹9,00,000 Rupees as an initial investment. The Franchise Fee is ₹200,000 Rupees+GST. The minimum area required is 100-150 Square Feets. No Royalty will be charged on Sales.
The bifurcation of the cost is given below-
(Cloud Kitchen Model)
|Franchise Fee||2,00,000 Rupees||2,00,000 Rupees|
|18% GST on Franchise Fee||36,000 Rupees||36,000 Rupees|
|Machinery and Kitchen Equipments||1,50,000 Rupees||2,00,000 Rupees|
|Interior, Civil Work and Furniture||40,000 Rupees||3,50,000 Rupees|
|Initial Raw Material||50,000 Rupees||80,000 Rupees|
|Other Expenditure |
(POS, Marketing, Training, Misc)
|24,000 Rupees||34,000 Rupees|
|Total Investment||5,00,000 Rupees||9,00,000 Rupees|
- The Agreement will be of 5 Years
- Raw Materials will be provided by the franchisor
- Training will be provided by the franchisor and hiring should be done locally by the franchisee
- Software training on billing and inventory management software will be provided.
Momo Street Franchise Profit
We will analyze the Momo Street Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 2,40,000 Rupees i.e. 8,000 Rupees per day.
|Gross Sales||2,40,000 Rupees|
|Food Cost @40%||(96,000) Rupees|
|Electricity and Water Supply||(10,000) Rupees|
|Salary of Workers and their Expenses||(40,000) Rupees|
|Aggregator Commission (Zomato, Swiggy)||(4,000) Rupees|
|Other expenses||(10,000) Rupees|
|Net Profit||40,000 Rupees|
We can conclude that the Profit Margin of the Momo Street Franchise is 17% for the Sales of 2,40,000 Rupees. The outlet may have less profits in the initial days but Momos will gain high popularity eventually and will have great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 4 Lakh Rupees per month and the profit margin will be 25% on Sales.
Location plays a very crucial factor in determining the success rate of a franchise along with food quality and service.
The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option.
You can open the outlet nearby colleges, corporates, or any place where young people love to have Momos.
Momo Street Menu
How to get Momo Street Franchise?
To get the Momo Street Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
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