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franchise world 2018-10-04

Monginis to Restructure the Cake Segment in India

Monginis to open 200+ exclusive Cake Shops Pan India.

By Feature Writer
Monginis to Restructure the Cake Segment in India

The journey began with one humble shop in Fort, Mumbai and grew to over one thousand locations throughout India under the inspiring vision of Mr. Huseni Khorakiwala in the early 1956. Since then, the family has combined their years of experience with the vision of a community of collaborative shop owners, suppliers and other partners working together to create a brand name in the market to grow their business to what it is today.

Great quality, service, and ethics have developed Monginis into a household name with our 840+ outlets. On an average 1,40,000 customers visit our cake shop daily across the country. Our Cake Shops owners are dedicated to the absolute satisfaction of the customer.

Why So Successful?

Established iin the year 1956, Monginis is one of its kinds, reaching newer benchmarks in Operational & logistical excellence. Monginis plans to open 3 states & 200+ cake shops in the financial year alone. No other brand can strike a balance between expansion & consolidation like MONGINIS. 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

“As a Brand, Khorakiwala says,” We are emphasizing on implementing the expansion plans as decided and achieve the geographic growth as well as sales turnover growth in upcoming years.”

Franchise Network

Started franchising in the year 1971, we are 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 3 states & 200+ cake shops in the financial year alone. In order to achieve this, the family offers franchises to budding entrepreneurs & distributors partnering with them to ensure success and excellence.

“No other brand can strike a balance between expansion & consolidation like MONGINIS”, said Khorakiwala.

 

FRANCHISE FACTS


Total No. of stores: 840+ exclusive Cake Shops PAN INDIA.

Break up of company-owned + franchise stores: All Cake Shops are franchised owned

Investment required: 15 lacs – 18 lacs apprx (Property should be owned basis)

Area required (in sq ft): 250 SQ. FT minimum

Expected RoI: 15% to 20%

Expected break-even: 12 months

Preferred cities & location:Delhi,Hyderabad

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