Wow! Momo Franchise Cost, Profit Margin and Application

In India, Wow! Momo is a well-known name when it comes to Momos. Many of you might have wondered about the franchise cost of Wow! Momo, Especially while enjoying their delicious momos. Presently, they have locations in almost every major city Such as Delhi, Kolkata, Pune, Mumbai, Chennai, etc. Before we explore the Wow! Momo franchise,  cost, let’s see their story and USPs.

Explore the List of Best Momo Franchise in India.

History of Wow! Momo

Two college friends started the Wow! Momo chain in Kolkata, with the first outlet launched for just Rs 30,000. To aspiring entrepreneurs, Wow! Momo keeps its franchise cost specialising in a variety of momos, including steamed and fried momos, momo-burgers and momo desserts and more. As of March 2021, the chain operates around more than 350 outlets across India.

Know more about the Franchise Business Ideas in India.

How To Open A Wow! Momo Franchise?

Follow these steps to open a Wow! Momo Franchise:-

• Initial investment – To open a Wow! Momo quick-service restaurant franchise, you need a minimum investment of INR 1 Lakh.
• Extra fund – When investing in a restaurant franchise, you should account for several expenses beyond the initial investment. These include real estate costs, equipment and signage,  licences and permits, uniforms, and insurance. These factors contribute to the cost of insurance, etc.
• Use your experience – Before applying to become a Wow! Momo restaurant franchise owner, you should carefully assess your prior business experience and strength. This evaluation will help ensure you are well-prepared to manage and succeed in running the franchise.
• Assess market availability – Before proceeding with your franchising application, check the market availability for Wow! Momo franchises to see if there are opportunities in your desired application.
• Submit your application –  Your application will be reviewed by the Wow! Momo franchise team. Upon receiving your online  application, you will be emailed a confirmation receipt along with  the contact details of the franchise owner.
• Receive approval & opening your Wow! Momo franchise – You will get franchise approval after your financial and background checks are done. Only candidates who meet all the requirements will be approved.

Wow! Momo’s Franchise Cost

The franchise cost of Wow! Momo ranges from INR 8 Lakh to 20 Lakh, depending on various factors such as your application , location, investment. For an accurate estimate, it’s advisable to contact  Wow! Momo directly. Additionally, there is an important registration fee of INR 25,000, which is separate from  the franchise cost.   The franchise duration  is initially 3 years, with an option to  renew at the end of them.

Wow! Momo Franchise Estimated investment and profit margins

Estimated Sales(per month): 1,65,000(A)

Estimated Expenses(per month): Rent 15,000 for (300 sq.ft.)

Salary(3 employees): 45,000

Other expenses(Admin, electricity, etc): 5,000

Estimated total expenses per month: 65,000(B)

Estimated profit per month: 1,00,000(A-B)

Benefits of Wow! Momo franchise

Wow! The Momo franchise model provides a number of advantages. Key benefits include :

Affordable investment : with an initial investment ranging From INR 5-10 lakh, you can own a franchise store.

High ROI:  Enjoy the potential to earn upto Rs 95,000 in monthly profit, facilitating quicker recovery of the franchise cost.

 low franchise cost: The attractively low franchise cost of wow! Momo is a significant draw. 

Rapid Investment Recovery : you can easily recover your initial investment in 8-9 months.

Conclusion – Wow! Momo Franchise

Wow! Momo franchise offers a modest initial investment, designed  to ensure profitability for its franchisees while enhancing the brand’s overall  value. It presents a compelling opportunity  for small or medium-sized business owners looking to diversify their portfolio. One of its lesser -known strengths of this brand is its proactive social media team.

FAQs – Wow! Momo Franchise