Categories: Franchise Business

How to Get Momo Street Franchise (Cost and Profit)

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-

Particulars Amount
(Cloud Kitchen Model)
Amount
(Dine-In Model)
Franchise Fee2,00,000 Rupees2,00,000 Rupees
18% GST on Franchise Fee 36,000 Rupees36,000 Rupees
Machinery and Kitchen Equipments1,50,000 Rupees2,00,000 Rupees
Interior, Civil Work and Furniture 40,000 Rupees3,50,000 Rupees
Initial Raw Material50,000 Rupees80,000 Rupees
Other Expenditure
(POS, Marketing, Training, Misc)
24,000 Rupees34,000 Rupees
Total Investment5,00,000 Rupees9,00,000 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.

ParticularsAmount
Gross Sales 2,40,000 Rupees
Food Cost @40%(96,000) Rupees
Rent(40,000) 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 Profit40,000 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.

Thanks for reading the blog, If you have any queries regarding the franchise then you can ask me in the comment box or on my
Instagram- https://www.instagram.com/lakshya_kumawat999/

For more such informational franchise blogs, you can check our franchise review list here- https://aftercolleges.com/category/franchise-business

lakshyagupta9399

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