Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Franchise 26 Sep 2017

This Bakery Chain has Built 200 Outlets Trading on Franchise

Monginis to open 200+ exclusive Cake Shops Pan India, enter six states by this fiscal.

By Nusra Sub Editor

Established in 1956, Monginis known for its bakery and confectionery products has entered franchising in 1971. Inspite of having only one product on their portfolio the brand has reached a phenomenal number trading on its quality and consistency. “Monginis is a Family Celebration Brand - it stands for Quality, Freshness & Consistency,” believe the Owners.

Franchise Network

Monginis is currently running 725+ exclusive Cake Shops Pan India. All cake shops are franchised owned. As a brand, Monginis is emphasizing on implementing the expansion plan as decided and achieve the geographic growth as well as sales turnover growth in upcoming years.

In India it is one of its kinds, reaching newer benchmarks in operational & logistical excellence. “Monginis plans to open six states & 200+ cake shops in the financial year alone.

No other brand can strike a balance between expansion & consolidation like us,” add the Owners. No brand can strike a healthy top line as well as bottom line in just one year. The unique and dynamic business model gives the entrepreneur a turnaround before he knows it. But moreover, the engagement & passion built in this kind of a business is unmatched.

FRANCHISE FACTS

No. of stores (company-owned + franchise) : 725 + cake shops, all franchise owned

Investment required: 15 lacs apprx (Property should be owned basis)

Area required: 250 to 300 sq. ft & above

Expected RoI: 15% to 20%

Expected break-even: 2 years to 3 years

Preferred cities & location: Pan India

Comment
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories