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About Us:
Virgo Hospitality Established in the year 2016 with an outlet at Janakpuri by the name of Kingdom of Momos.
Kingdom of Momos is a high-tech food brand offering delicious, mouth-watering Momo varieties and Chinese delicacies for food lovers. It is a renowned brand for Tandoori/Crunchy Momos in Delhi-NCR and has been the favorite hunt for food since opening.
Company’s Mission- elevating street food.
AIM- expand with 75 outlets by the end of 2020 across India.
Vision– To provide value for money, hygienic & quality food & beverages to our customers.
Franchisee profile:
Support & Benefits:
Operations Commenced On 2016
Franchise Commenced On 2018
Investment INR 5lac - 10lac
Franchise/Brand Fee INR 195000
Royalty/Commission 2 %
Region Wise
Investment INR 5lac - 10lac
Unit Fee INR 195000
Master Fee INR 5000000
Commission 2 %
State Wise
Investment INR 5lac - 10lac
Unit/Brand Fee INR 195000
Master/Brand Fee INR 2500000
Royalty/Commission 2 %
City Wise
Investment INR 5lac - 10lac
Unit/Brand Fee INR 195000
Master/Brand Fee INR 700000
Royalty/Commission 2 %
Haryana, Jammu and Kashmir, Delhi, Punjab, Uttarakhand, Uttar Pradesh
Telangana
- NA -
Rajasthan
Bihar, Jharkhand
Chandigarh
Exclusive territorial rights to a unit franchisee Yes
Likely pay back period of capital for a Unit Franchise 6-11 Months
Other investment requirements no
Type of property required for this franchise opportunity Commercial
Floor area requirement 150 - 250 Sq.ft
Preferred location of unit franchise outlet Busy market, Upscale colonies, Malls etc
Franchisee training location At the main outlet in Delhi
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 2 Years
Is the term renewable? Yes
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