Categories: Franchise Business

How to Get Momomia Franchise (Cost and Profit Review)

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

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-

ParticularsRupees (Takeaway Model)
Franchise Fee2,50,000 Rupees
GST on Franchise Fee45,000 Rupees
Interior and Branding1,60,000 Rupees
Furniture80,000 Rupees
Setup and Kitchen Equipments1,40,000 Rupees
POS Machine35,000 Rupees
Other Expenditure90,000 Rupees
Total Investment8,00,000 Rupees
ParticularsRupees (Dine-In Model)
Franchise Fee2,50,000 Rupees
GST on Franchise Fee54,000 Rupees
Interior and Branding2,40,000 Rupees
Furniture1,20,000 Rupees
Setup and Kitchen Equipments2,20,000 Rupees
POS Machine35,000 Rupees
Other Expenditure90,000 Rupees
Total Investment10,00,000 Rupees
  • The agreement will be of 5 years and it will be renewed at 25% of the Franchise Fee Cost.
  • Digital Marketing paid promotions will be provided
  • Recipe will be shared by the franchisor
  • Proper training will be provided to the workers, the franchisor also helps in the Recruitment process.

Momomia Franchise Profit

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.

ParticularsAmount
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 Profit45,000 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.

How to get Momomia Franchise?

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

lakshyagupta9399

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