This is with reference to your interest in opening a Franchise of Momomia. By opening these outlets we aim at targeting consumers - more of Youth, youngsters, college-goers, teenagers who are fond of fast food which symbolizes both quality and economy. We are confident of attracting huge numbers as our product is unique in the sense of its taste, price and value proposition to the customer.
We have carefully analysed and segmented our approach towards youth and keeping in mind the taste levels of this group we have created this special product with a blend of unique spices inside.
We have identified a massive market for Momos lovers- we are a specialist in our product. Although the segmentation is Youth, we have been witnessing a huge change in the taste demands of the remaining group of elders who like our product as well.
Keeping this in mind the product has been developed and variants have been constantly produced in such a way that we are able to attract maximum categories and age groups as well. A menu rate varies from location to location and depends more importantly on Rentals (Outlet).
Operations Commenced On 2018
Franchise Commenced On 2018
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 250000
Royalty/Commission 5 %
Anticipated percentage return on investment 100 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 120 - 150 Sq.ft
Preferred location of unit franchise outlet Commercial area
Detailed operating manuals for franchisees Yes
Franchisee training location Guwahati
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? Lifetime
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