Do Wow Momo give 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 much is a 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. All inquiries for the royalty fees, ad fees, net worth requirements, and liquid cash requirements can be submitted to Wow Momo Foods Pvt.
How many Wow Momo franchises are there?
Wow! Momo is an Indian chain of fast food restaurants headquartered in Kolkata.TypePrivateNumber of locations25 citiesArea servedIndiaKey peopleSagar J. Daryani (CEO) Binod K. Homagai (COO) Shah M. Rahman (CFO) L Muralikrishnan (CMO)ProductsMomo Burger Dessert9 more rows
Who is the owner of momos?
Sai Alluri - Co-Founder & CEO - Momos | LinkedIn.
How do I start a Momo shop?
Steps to set up a Momo stall BusinessMake a Promising Business Plan. The first thing that you should do is to make a solid business plan for your momo stall. ... Secure your financing. ... Choose the Location. ... Design the Space Layout. ... Determine your Suppliers.
How much you earn by selling momos?
Is it lucrative to run a momo stall?Number of momo plates sold~ 35Daily RevenueRs 2000 – 2100Daily Expenses~ Rs 1500Daily ProfitRs 500 – 600Monthly ProfitRs 15,000 – 18,0005 more rows•Aug 31, 2020
How much is a wow franchise?
The startup investment for a Camp Bow Wow franchise is all-inclusive and ranged from $928,000 to $1,658,000 in 2021*.
Which is the most profitable franchise in India?
Top 10 Profitable Franchise Business Opportunities in IndiaDomino's franchise store.Dr Lal Pathlab Franchise.FirstCry Franchise Store.VLCC Franchise Salon.Kidzee Franchise.Jockey Franchise Store.Delhivery.Lakme Salon Franchise.More items...•
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Chai Sutta Bar Franchise Details For an initial investment of ₹16 lakh, the franchiser anticipates a quick 15 month payback period, and an average of ₹90,000 pm returns every month.
Who invested in Wow momo?
In September 2021, the company raised around $17 million led by Tree Line Investment Management at a valuation of Rs 1,225 crore. Tree Line is a Hong Kong- and Singapore-based investment fund and has been an investor in publicly listed Jubilant FoodWorks and Westlife Development.
Which country momo is best?
NepalBut, there is a word called 'ma neu' in Nepal Bhasa of the Newa people of Kathmandu, that means to “eat steamed”. There is also the Tibetan word 'mog mog' with similar meaning. Wherever the momo originated, undoubtedly Nepal and Nepali diaspora living abroad have made the momos world-famous.
Who invented Wow momo?
Sagar DaryaniBinod HomagaiWow! Momo/Founders
How much is a wow franchise?
The startup investment for a Camp Bow Wow franchise is all-inclusive and ranged from $928,000 to $1,658,000 in 2021*.
How much is the wow franchise worth?
Warcraft — $10.627 billion Gamers have been adventuring in Azeroth since 2004.
How much does an esports franchise cost?
How much does an esports franchise cost? The initial investment of an esports franchise will depend on many factors like location, rental cost, and number of PCs. An investor will need at least north of $200,000 at the very minimum to get started.
How much does a Moe's franchise owner make?
Moe's Southwest Grill Owner Operators earn $45,000 annually, or $22 per hour, which is 29% lower than the national average for all Owner Operators at $60,000 annually and 38% lower than the national salary average for all working Americans.
Wow! Momo Franchise Opportunities
Wow! Momo franchise is a chain of fast-food restaurants successfully operating in India and Nepal. As they say, their main mission is to proudly make perfect dumplings and provide a friendly atmosphere for their visitors, so that each of them wanted to come back. The company was founded in 2008, and the same year the first franchise came for sale.
How to open a Wow! Momo franchise?
Ensure you have adequate capitalization. In order to open the Wow! Momo quick-service restaurant franchise, you must have a minimum initial investment of INR 1 Lakh.
How much does the Wow! Momo franchise cost?
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. All inquiries for the royalty fees, ad fees, net worth requirements, and liquid cash requirements can be submitted to Wow Momo Foods Pvt. Ltd.
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.
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.
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 are a few percentages of them a hit?
A few percentages of them are a hit because of the taste of their tasty food. A few are renowned for their traditional presence for a very long time. While this being the case, the newly emerging food outlets are looking primarily at tasty food, quality of service, and hospitality.
How many momos are there in India?
The quality of momos this fast-food restaurant provides has been wanted more than ever by the Indian population, which made it establish 318 outlets in over 16 cities in India, valued at ₹ 860 crores.
What is a momo?
ABOUT WOW! MOMO. Wow! Momo is an Indian chain of fast-food restaurants specializing in momos, dumplings, the delicacies of Tibet and Nepal, headquartered in Kolkata, West Bengal, India.
When was Momo founded?
Momo was established in 2008 by Sagar Daryani and Binod Homagai, graduates of St. Xavier’s college back then. • It started as a 36 sq Ft kiosk in Spencer’s supermarket in Kolkata, turning in monthly revenue of ₹60000 in the first month.
What is the benefit of Indian consumers?
6) The benefit of an Indian consumer : The rich in taste buds Indians have made Chinese food the second most popularly consumed cuisine in India, which is likely to stay for a longer time.
Is Wow Momo gluten free?
2) Perks of varying consumer tastes: Wow momo has a vibrant menu for each of its types of consumers from gluten-free, vegetarian to non-vegetarian, so the demand is always met and rising.
Can you sell roadside food?
Making it possible to sell roadside food hygienically is their USP, especially in this space for Grab and go food demand by the current generation, you know your franchise will sell.
What is QSR in food?
The QSR (Quick Service Restaurant) was indeed quick enough to make waves and became popular amongst different sections of the society. People were happy to eat their favourite snack at hygienic outlets, where they were plated healthy momos with the authentic taste intact and that too at an affordable price. Dishing out momos in three varieties-steamed, pan-fried, and the fried-the venture was an instant hit and soon turned into WOW Momo Foods Pvt. Ltd.
How many kiosks does WOW Momo have?
Starting on a bootstrap budget of just INR 30000, the three fresh entrepreneurs never thought that they would make it so big! At present, WOW Momo has 274 kiosks of both big and medium sizes in about 13 Indian cities and churns out a fiscal turnover of INR 200 crore.
How many sq ft is a womo outlet?
The area required to open a Wow Momo outlet is at least 200 to 250 sq. ft. This minimum space needed for your kitchen and your counter. Your built-up area requirement may differ depending upon the location of your franchise outlet.
How many staff are needed to operate a WOW Momo?
At least 2 to 3 staff required to operate your WOW Momo outlet.
Where is WOW Momo?
These are the story of WOW Momo – a fast-food chain that has revolutionized the simple dumplings and dim sums that were once popular only in the northeast of India. Today the whole country relishes these mouth-watering momos served by a brand that has about 254 outlets spanning around 13 cities of India.
What is a momo?
Momo. WOW! Momo is a first of its kind brand that promotes street food with complete hygiene and health factors in mind. The company has grown from scratch, experimenting with different ideas, market dynamics, and consumer sentiments.
How long does it take to recover a franchise?
As a franchise owner in this business, you can recover your full investment amount within a 9 to 10 months time frame.