If you like Momos and want to start a business by investing money in the momos restaurant chain franchise business, then we are here with complete details about the Wow Momo Franchise Business.
One cuisine that is vastly popular in India is Chinese cuisine. People love too much eating Chinese food in different forms like Manchurian, noodles, man chow soup, etc…
There is one special recipe which has been famous in the last some years in India which named Momos.
When we talk about Momos, then one very famous restaurant’s chain appears which have won people’s heart in very few years in India.
It’s nothing else but Wow Momos!
In this article, we are going to cover all the details about the wow momo and wow momo franchise business model including all the details:
- How to get Wow Momo Franchise in India,
- Overview and history about wow momos business
- Products Range
- Requirements to obtain the Wow Momos franchise
- Investment cost for taking the franchise of wow momos
- How to Apply Online for wow momos franchise model
- Profit margin for Wow Momo model of franchise
About Wow Momo Business: Overview
Wow, momos is a quick-service restaurant chain that is based in India, and the headquarter of the company is situated in Kolkata, West Bengal.
The signature product of the wow momo business is momos and dumplings, which are famous in many other countries like India, Nepal, China, Tibet, etc…
The company was founded in 2008 by Sagar Daryani and Binod Homagai who are passed out from Xavier’s college from Kolkata.
They started the business in Springdale Spencer by selling steamed momos in a 6 by Kiosk.
In the initial period, the stores opened by the company were usually in the form of kiosks in places like Big Bazaar and Spencers’ in Kolkata.
With the passage of time as the company started growing, food outlets were being opened in the shopping malls and other commercial outlets.
As of today, Wow momos business has more than 200 stores within 13 cities in India including Kolkata, Delhi, Chennai, Mumbai, Banglore, Noida, Hyderabad, Kanpur, Lucknow, and Kochi.
Products Range of Wow Momo Business
While purchasing the franchise business of any food restaurant chain, it is essential to know about the product range of the company.
The company of Wow momo is specialized in making and selling momos, which includes the below items.
- Chicken momos
- Burger Momos
- Chocolate Momos
- Cheese Momos
- Other many momos
This is the signature product of the company, however, there are several other products that the company is making and selling in a huge quantity.
Wow momo is making and selling Thupka, Soups, Noodles, and other products apart from the momos.
Wow Momo Franchise Requirements
If you take Mcdonald’s franchise or you buy Amul’s franchise, or any other food franchise, or else buy a franchise of any entity, all have set some basic requirements and criteria which you must follow.
Similarly, if you want to acquire the wow momos franchise business, you need to accomplish some requirements and criteria asked by the company.
Land or Area Requirements
A sufficient area is required to set up the store so that there is enough space to set up the equipment and workers are also able to walk freely while performing their duties, and for this, the required area is 250 to 300 Sq Ft.
If you want to run the business of wow momo, a minimum of 2 to 5 employees are required to be hired by the franchisee to run the store smoothly.
Investment – Wow Momo Franchise Cost in India
As you might already know investment is one of the most important aspects to start any business in any stream, because, from the stats of the investment, an investor makes up his mind whether he is willing to invest in any franchise business or not.
Talking about the franchise cost of the wow momo franchise, you will have to invest around 10 t 15 lakhs rupees to be the owner of the franchise of wow momo.
Profit Margin of Wow Momo Franchise
According to the trend of the products served by the wow momo franchise, it is ensured that you can build up a very profitable business by acquiring the wow momo franchisee anywhere in India.
Talking about the profit margin for the products of the franchise for the wow momos, the company is offering your up to 40% profit margin on every product.
According to the stats and sources, you can recover your invested amount in 8 to 9 months, in other words, the company is offering an ROI of 8 to 9 months.
How to Get Momo Franchise in India?
The first thing that you have to do in order to acquire the franchise business of wow momo is to visit the official website of the company.
Upon reaching there, you will find a franchise guide that will help you in learning about the franchising process of the company.
After that, you will find a form in which you need to fill in all the required details like a name, email address, phone number and submit it to the company back.
Post this step, the support team of the company will get in touch with you to take things further ahead.
In this case, if your application is selected or shortlisted by the company, then only they will contact you, and if your meeting gets done successfully, you can start the franchise in a few days.
Wow Momo Franchise Contact Number
In case you want to reach out to the wow momo company directly via cal or physically, here are the details.
Contact Number: +9198307 44776
Address: 29A/2E/1, Raja Subodh Chandra Mallik Road, Jadavpur Kolkata, India.
Case Study of Momos Business
Conclusion on Getting Wow Momo Franchise in India
The company has been able to win various awards and accolades since its inception in the year of 2008.
In the year 2016, Wow! Momo received the honor of the best dim-sum product chain at the Indian Restaurant Congress Award.
The company was the winner of the Best Unique Retail Concept Award at the Image Retail Award in the year 2017.
The Wow Momos was also awarded as the best Quick Service Restaurant of Indian origin in the year 2018 at the Coca-Cola Golden Spoon Award.
At the same award in 2018, the company also won the award the Best Innovation in Store Design.
Moreover, looking into the stats and history of the company, it is very understood that the company is growing only in the up direction since it has been established.
So, if you are thinking to invest your money in the franchise business of wow momos, it can be proved a good decision as well.
But, as usual, you are supposed to do more research about the business and process with the market research of the area in which you want to open the wow momo outlet.