How To Get Momo Station Franchise (Cost and Profit)
Momo Station Franchise is an emerging Momos franchise that made its great brand name in Kolkata. We will discuss Momo Station Franchise Cost, Profit, and How to get the franchise.
Momo Station currently has 5 outlets, its Momos are known for their taste. You can directly enroll for the Momo Station Franchise by filling up the Google Form.
Momo Station Franchise Cost
Momo Station Franchise Cost ₹9,50,000 Rupees as an initial investment. The Franchise Fee is ₹3,00,000 Rupees+GST. The minimum area required is 200 Square Feets. Royalty will be charged 5% on Sales by the franchise.
The bifurcation of the Cost is given below-
Particulars
Amount
Franchise Fee
3,00,000 Rupees
18% GST on Franchise Fee
54,000 Rupees
Interior Cost
3,00,000 Rupees
Machinery and Equipment Cost
2,00,000 Rupees
Advance Raw Material
50,000 Rupees
Marketing and Licensing
30,000 Rupees
Other Expenditure
26,000 Rupees
Total Investment
9,50,000 Rupees
The Franchise Agreement will be of 5 Years, renewable charges applicable
The brand will provide training and Workers
The brand will provide Raw Materials
Momo Station Franchise Profit
We will analyze Momo Station 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.
Particulars
Amount
Gross Sales
2,40,000 Rupees
Food Cost @40%
(96,000) Rupees
Rent
(40,000) Rupees
Electricity and Water Supply
(10,000) Rupees
Salary
(40,000) Rupees
Royalty @5%
(12,000) Rupees
Aggregator Commission (Zomato, Swiggy)
(7,000) Rupees
Other expenses
(5,000) Rupees
Net Profit
30,000 Rupees
We can conclude that the Profit Margin of Momo Station Franchise is 12.5% for the Sales of 2,40,000 Rupees. The outlet may suffer a 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 3,00,000 Rupees per month and the profit margin will be 23% on Sales or 72,000 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.
How to get Momo Station Franchise?
To get the Momo Station Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.