Momomia is a Momo sensation in Assam which targets the Youth. We will discuss Momomia Franchise Cost, Profit, Review, and How to Start the franchise.
Momomia was started by a banker who turned into an Entrepreneur to follow his passion for Momos. You can directly enroll for the Momomia Franchise by filling up the Google Form or on Whatsapp.
Momomia Franchise Cost 8,00,000 to 10,00,000 Rupees as an Initial Investment. The franchise fee is 3,00,000 Rupees +GST. The Royalty charged will be 5%+GST on Sales. The minimum area required is 150-200 Square Feets.
Momomia Franchise has 2 types of Franchise Models, the Takeaway Model and the Dine-In Model. The bifurcation of the Franchise Price (Cost) is given below-
Particulars | Rupees (Takeaway Model) |
Franchise Fee | 2,50,000 Rupees |
GST on Franchise Fee | 45,000 Rupees |
Interior and Branding | 1,60,000 Rupees |
Furniture | 80,000 Rupees |
Setup and Kitchen Equipments | 1,40,000 Rupees |
POS Machine | 35,000 Rupees |
Other Expenditure | 90,000 Rupees |
Total Investment | 8,00,000 Rupees |
Particulars | Rupees (Dine-In Model) |
Franchise Fee | 2,50,000 Rupees |
GST on Franchise Fee | 54,000 Rupees |
Interior and Branding | 2,40,000 Rupees |
Furniture | 1,20,000 Rupees |
Setup and Kitchen Equipments | 2,20,000 Rupees |
POS Machine | 35,000 Rupees |
Other Expenditure | 90,000 Rupees |
Total Investment | 10,00,000 Rupees |
We will analyze Momomia Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 3,00,000 Rupees i.e. 10,000 Rupees per day.
Particulars | Amount |
Gross Sales | 3,00,000 Rupees |
Food Cost @37%+ Royalty @5% | (1,26,000) Rupees |
Rent | (40,000) Rupees |
Electricity and Water Supply | (10,000) Rupees |
Salary of Workers and their Expenses | (60,000) Rupees |
Packing Material | (7,000) Rupees |
Aggregator Commission (Zomato, Swiggy) | (7,000) Rupees |
Other expenses | (5,000) Rupees |
Net Profit | 45,000 Rupees |
We can conclude that the Profit Margin of Momomia Franchise is 15% for the Sales of 3,00,000 Rupees. The outlet may suffer loss 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 or 1,00,000 Rupees as profit.
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 or Fast Food.
To get the Momomia 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/franchise.information/
For more such informational franchise blogs, you can check our franchise review list here- https://aftercolleges.com/category/franchise-business
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