Franchise FAQ

does wow momo franchise

by Dr. Alan Mitchell V Published 2 years ago Updated 1 year ago
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Wow! Momo
Momo
Momo are bite-size dumplings made with a spoonful of stuffing wrapped in dough. Momo are usually steamed, though they are sometimes fried or steam-fried. Meat or vegetables fillings becomes succulent as it produces an intensively flavored broth sealed inside the wrappers.
https://en.wikipedia.org › wiki › Momo_(food)
has a franchise fee
franchise fee
A franchise fee is a fee or charge that one party, known as the franchisee, pays another party, known as the franchisor, for the right to enter in a franchise agreement.
https://en.wikipedia.org › wiki › Franchise_fee
of up to INR 25,000 + GST
, with a total initial investment range of Rs 1 Lakh to Rs 8 Lakhs.

Full Answer

How to Get Wow Momo Franchise?

What are the benefits of owning a WoW Momo franchise?

How many square feet does a WoW Momo franchise need?

How many outlets does Momo have?

How many different flavors of momos are there?

What is the name of the fast food center that sells mouthwatering dishes in affordable price range?

Where did Momo start?

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Is Wow Momo giving franchise?

The amount of initial investment depends on various factors. Some of which are- where the store is located, area, employees, etc. That said, you can start a Wow! Momo franchise with an initial investment of INR 5 Lakh to INR 10 Lakh.

How many Wow Momo franchises are there?

Wow! Momo is an Indian chain of fast food restaurants headquartered in Kolkata.TypePrivateFoundedAugust 2008FounderSagar J. Daryani Binod K. HomagaiHeadquartersRaja S. C. Mullick Road, Kolkata, West Bengal , IndiaNumber of locations19 cities9 more rows

Who is the owner of Wow Momo?

Having done his schooling from St. James's School, Kolkata & Graduation from St. Xaviers Kolkata, Sagar Daryani & Binod Homagai started Wow! Momo immediately after completion of 3rd Year Final Exams (Even before the results were Out) at the age of 21.

What is the turnover of Wow Momo?

Wow! Momo is estimated to generate 20-22 crore rupees revenue each month which will increase more in the coming year. Wow! Momo has also raised $15 million in series C funding from Tree Line Investment Management.

What is the cost of Wow Momo franchise?

Wow! Momo has a franchise fee of up to INR 25,000 + GST, with a total initial investment range of Rs 1 Lakh to Rs 8 Lakhs.

Which is best franchise to buy in India?

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Who invented momos?

The history of momo in Nepal dates back to as early as the fourteenth century. Momo was initially a Newari food in the Katmandu valley. It was later introduced to Tibet, China and as far away as Japan by a Nepalese princess who was married to a Tibetan king in the late fifteenth century.

Is Wow Momo and wow China the same?

Momo has launched its sister brand Wow! China, a fast-food Chinese cuisine format. The brand opened its first outlet in Kolkata in December. Both Wow! Momo and Wow! China are owned by Wow!

What does momo company do?

Hello Group Inc (NASDAQ:MOMO) operates as a mobile-based social networking platform. It operates under the following segments: Momo's service lines, Tantan's service lines, and QOOL's service line.

Is momo business profitable in India?

Is Momos Business Plan A Good Idea? If you are asking about the advantages of a Momo startup, you will find it the most profitable food business in Delhi and India.

How can I sell momos?

Follow these steps to reach your momo stall business to the zenith of success....1. Make a Promising Business PlanDetermine your target market.Define your stall style.Define your USP.Create your brand.Select the menu or food offering.

How can I start momos business in India?

To start any food business in India, you must possess certain licenses that are mandatory for momo business. There are 5 licenses every momo business owner must have; Food License from FSSAI, GST Registration, Police Eating House license, Local Municipal Corporation Health License, and Fire License.

How much does it cost to get KFC franchise?

To start a KFC franchise in India, you may require an investment of 1 to 2 crores with a 1,000 – 1,500 Square feet commercial space that meets their guidelines. And there will be a 4-5% royal commission on the actual sales.

What is the price of MBA chai wala franchise?

INR 3 LakhsThe franchise Fee for MBA Chai Wala is INR 3 Lakhs.

Is jockey franchise profitable?

Jockey franchise is incredibly profitable and provides you with a consistent source of income because of its brand value. They have been in business for more than two decades. In India, the brand Jockey operates its business with a Bangalore-based company Page Industries Limited in a tie-up.

How much does a Mio Amore franchise cost?

Mio Amore Franchise cost As part of the registration fee, you need to pay 12 lakhs. Apart from that, a Mio Amore franchise might cost between 30 to 40 lakhs. This includes operational costs, maintenance costs, and so on.

What is the franchise cost of Wow! Momo?

The Wow! Momo franchise cost can be anywhere between INR 8 Lakh to INR 20 Lakh. The actual amount depends on your application, location, investment...

How much profit can I expect to earn?

The actual profit would depend on your location, employees, rent and other expenses. That said, a well operated Wow! Momo franchise has the potenti...

How and where can I apply?

Just fill out the form online and wait for Wow! Momo executives to reach out to you. The entire application process is online.

What is the required initial investment?

The amount of initial investment depends on various factors. Some of which are- where the store is located, area, employees, etc. That said, you ca...

Is there any registration fee?

Yes, Wow! Momo charges a registration fee of INR 25,000 + GST. This fee is different from the franchise cost of Wow! Momo.

What are the documents required?

You will need to submit the below documents: 1. Online application form 2. PAN of the applicant 3. Aadhaar card of the applicant 4. Bank statements...

About Wow! Momo

Two college friends founded the Wow! Momo chain in Kolkata. Interestingly, the first Wow! Momo was set up with a mere Rs 30,000. To encourage similar budding entrepreneurs, the franchise cost of Wow! Momo is kept low.

Estimated investment and profit margins

The profit margins of a Wow! Momo franchise is dependent on various factors. Some of them are the amount invested, staff employed, rent, etc. Do refer to the below table to know more. Also, it is important to note that these calculations are merely illustrative.

Space required and employees

A typical Wow! Momo outlet would require an area of about 250 to 300 sq ft. Thus, as a franchise owner, your rent outflow is economical. This is the main reason why the franchise cost of Wow! Momo is low. That said, this area should include a kitchen and a counter. Ideal locations include malls, kiosks, tech parks, etc.

Skills required

Wow! Momo has kept the skill-set required to a bare minimum. There are very few strict conditions. For every applicant, the Wow! Momo franchise cost checks for the below skillset:

On-the-job training

Wow! Momo provides adequate on-the-job training. Especially in areas like soft skills, how to deal with customers, how to meet your sales targets, etc. This training is provided to all franchise employees for 2 months. Moreover, they promise 24*7 support and training to support your daily operations.

Benefits of Wow! Momo franchise

The Wow! Momo franchise model offers tons of benefits. The major benefits are listed below:

Enquiry details

We have also listed down their contact details below. If the Wow! Momo franchise cost is acceptable and you are genuinely interested in the Wow! Momo franchise, we suggest you reach out to them via email.

How to Get Wow Momo Franchise?

The first thing you have to do is, you have to visit the company’s official website.

What are the benefits of owning a WoW Momo franchise?

One of the other major benefits of a wow momo franchise owner is that they get full company support. The company makes sure you learn the tactics of business and run the store properly , which most of the companies do not provide. Additionally, these little initiatives help in drawing more customers and enhance the sales of your wow momo outlet.

How many square feet does a WoW Momo franchise need?

The area you have shortlisted to set up the franchise must be around 250 to 300 square feet. They need sufficient space for the workers to work and roam freely while working.

How many outlets does Momo have?

The company has about 200 outlets across the country covering cities like Delhi, Mumbai, Gurgaon, Bangalore, Kochi, Chennai, Noida, and more. Wow, momo came into existence under the initiative of Binod Homagai and Sagar Daryani in 2008, who are also the alumni of St. Xaviers College, Kolkata.

How many different flavors of momos are there?

Wow! Momo serves tasty momo to its customers. In addition, the brand name justifies the estimated service they provide. Further, they have a menu of 12 different flavor momos including steamed, pan-fried & fried, veg, non-veg, and cheese momos.

What is the name of the fast food center that sells mouthwatering dishes in affordable price range?

If there is one fast food center, all across the country which sells mouth-watering dishes in affordable price range, Wow! Momo is the place that satisfies every need.

Where did Momo start?

The two college friends started their business at Springdale Spencer by selling steamed momos in a 6 by 6 kiosk. The business then flourished to Big Bazaar, then slowly to Spencer’s and other reputed shopping centers of Kolkata. As the company grew, food outlets grew in number and the love for momo spread wholeheartedly among the Indians. Additionally, today, Wow! Momo has over 200 stores in India intending to open over 300 brand new wow momo franchises.

What will be the investment for setting up the WOW Momo Franchise?

The total investment for setting up the outlet and the franchise fee ranges from INR 8 Lakhs to INR 20 Lakhs. The range differs from location to location. It also depends on the built-up area as well as the cost associated with that. The staff salary is inclusive in the revenue generated every month. On calculating the revenue every month and deducting all the expenses, you can recover the investment in 9 months. It requires you to be consistent and diligent during the process.

What is the success of Wow Momo?

It is a noticeable thing that Wow Momo’s success is in its innovation. This innovation coupling with the effort and precise execution has made them come a long way. Momo’s different varieties, the quality food ingredients, and fantastic hospitality are key to their success.

Why is Wow Momo named?

Wow, Momo is named for its tasty Momo, they have a lot to be done at the backend to achieve this feat. Success never comes easy, but once achieved, it is better to be a part of the success team, so now go ahead, be a Wow Momo franchise partner.

Where is Wow Momo located?

Starting the first kiosk in Kolkata, Wow Momo has a franchise in Kochi and Chennai. The word spreads, the restaurant is growing day by day. Become a part of it to be the nation’s best fast-food chain of restaurants. Further, the factor that we will see now is not a unique feature but a mantra.

When did Momo start?

It all started in 2008 when two friends thought to create a change in the restaurant industry. Their idea emerged the best. The idea was to make Momo and offer it with a great variety to people. The appealing factor was, it was filling and was also offered at good speed so that the customers saved time. It started in Kolkata first, because that is where they belong. Sagar Daryani and Binod Homagai started this small venture with INR 30000/- as an investment. They worked hard in delivering Momo in a kiosk that worked 6 to 6.

How many outlets does Momo have?

Aim to Increase Outlets: The company is operating in 13 different states in India. They have 200 outlets right now and are looking to expand it further and make 300+ outlets by the end of this year. It means to say; the company is looking at wise and intelligent partners who can run the business successfully. It is a golden opportunity; not many companies offer franchise. Wow, Momo has come up with a massive plan. Be a part of the success team.

How many staff are there in a city?

The minimum count of staff starts from 2 to 5 depending on the locality and the crowd.

When was the House of Momo established?

House of MOMO was established in 2014 is the inspiration of the House of MOMO it provided more than 100 outlets in Mumbai, Thane Pune. it was discovered in India at the time of summer vacation to ease India, Summer vacation was over still the momos lover visiting at the door of the House MOMO lingering on the house of MOMO franchise lingering desire all terrorism travel through the all menu comprising all things we like to eat.

What is the kingdom of momos?

The kingdom of MOMOs is the heart of Chinese cuisine in India. It was started by the Virgo Hospitality company. The kingdom MOMOs provide a menu with good flavor and delicious taste and innovative recipes, it brings some Chinese snakes to your customer taste bud to delighted.

How many staff are there in Darjeeling Momos?

The space required for this is 500- 700 sq. ft staff where present total 10 staff. expected monthly 72% and the royalty and commission are 10% royalty. Darjeeling MoMos is the first MOMO house in Kathmandu that offers masala and fat-free momos prepared in a completed hygienic way with the finest ingredients to ensure the premium quality and taste the perfect sharpness about the different spicy in the preparation of momos marks the authenticity of the Darjeeling taste.

How many orders does Dim Sum make a day?

It is one of the most popular among momos lovers. Dim sum approx 200 orders a day and I think it’s huge. Its demand is at its peak .so, from this franchise business anyone can earn a high amount. It is a very famous Chinese brand it is prepared MOMO in four different categories as steamed, fried, tandoori and gravy’s the requirements are as a present.

Where are Nanital Momos located?

Nanital Momos franchise started with an aim to prepare delicious and watering Indian and Nepalese cuisine .it is one of the most authentic dumplings and other mouth-watering foods to satisfy one’s hunger. With both, non-veg and veg and they try and melt every type of customer and fulfill the food desire for everyone it was started in 2008, finally established themselves in 2013. They operate in the quick-service segment in the renowned cities of India. They serve a wide variety of South Asian fast food dishes with a fuss-free and related experience. The founder of the Nainital momos franchise is Ranjit Singh Rawat has a daily customer who comes daily to have food where 10 lakhs are just situated on the roadside cart and have Seven branches. They had branches in Goa, Kanpur, Patna, prayagraj, Delhi, Noida, and 4 branches in Lucknow.

What is a mom station?

Mom station is a Gujarat-based company. The company offers four different franchise models for entrepreneurs. These are QRS, Momos man wagon, momos cycle, and momos in the foot. Also, it offers to master franchises in different states. Throughout the nation. It contributing very nicely to increase the demand for momos among the people. They put their unique touch on the products. the inclusions of paneers, vegetables, and chickens reach Customers enough to preference.it specialist are the two graves first the schezman and second is one special station and it’s expansion all over the India area were store wisely total investment is 5 lakh to 10 lakh …

When was Fusion Momos founded?

we can earn a lot of money because of the flavor and variety of items. Fusion momos were started inb2014 with goodness and hope to make a well-known brand serving it.

How to Get Wow Momo Franchise?

The first thing you have to do is, you have to visit the company’s official website.

What are the benefits of owning a WoW Momo franchise?

One of the other major benefits of a wow momo franchise owner is that they get full company support. The company makes sure you learn the tactics of business and run the store properly , which most of the companies do not provide. Additionally, these little initiatives help in drawing more customers and enhance the sales of your wow momo outlet.

How many square feet does a WoW Momo franchise need?

The area you have shortlisted to set up the franchise must be around 250 to 300 square feet. They need sufficient space for the workers to work and roam freely while working.

How many outlets does Momo have?

The company has about 200 outlets across the country covering cities like Delhi, Mumbai, Gurgaon, Bangalore, Kochi, Chennai, Noida, and more. Wow, momo came into existence under the initiative of Binod Homagai and Sagar Daryani in 2008, who are also the alumni of St. Xaviers College, Kolkata.

How many different flavors of momos are there?

Wow! Momo serves tasty momo to its customers. In addition, the brand name justifies the estimated service they provide. Further, they have a menu of 12 different flavor momos including steamed, pan-fried & fried, veg, non-veg, and cheese momos.

What is the name of the fast food center that sells mouthwatering dishes in affordable price range?

If there is one fast food center, all across the country which sells mouth-watering dishes in affordable price range, Wow! Momo is the place that satisfies every need.

Where did Momo start?

The two college friends started their business at Springdale Spencer by selling steamed momos in a 6 by 6 kiosk. The business then flourished to Big Bazaar, then slowly to Spencer’s and other reputed shopping centers of Kolkata. As the company grew, food outlets grew in number and the love for momo spread wholeheartedly among the Indians. Additionally, today, Wow! Momo has over 200 stores in India intending to open over 300 brand new wow momo franchises.

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