Start a No.1 Royalty Free Wow Momo Franchise – Cost + Fee + Profit

Are you an avid consumer of Momo or Dumplings & looking for a franchise for the same? Which of course, you are. Wow Momo franchise would end your research.

In our research for Wow Momo, we discovered several fake or spam websites running with their name, and investors like you are falling for their tricks. Our solo motto is to provide the best guide to starting a Wow Momo chain in your city by following legit guidelines.

The article will assist you in comprehending the Wow Momo chain model with its Cost requirements, Fee, Profit margin, and complete guidelines to set up this franchise in your city.

• Brand: Wow Momo
• Founded: 2008
• No. of Outlet: Over 350
• Area Served: PAN India
• Form Fee: Rs. 35000 + GST
• Site Requirements: 250-2000 sq. ft
• Min Work Force: 3 Persons
• ROI: 8-9 Months
• Gross Profit: 50%
• Total Investment: Rs. 8-20 Lakhs

Momo is one of the most commonly eaten street foods in India, with a market size estimated to be around $2.7 billion. However, over 97% of the momo market is unorganized, so Wow Momo has plenty of room to grow. Momo is usually served steamed, fried, and filled with meat or vegetables.

WOW! MOMO is one of the most renowned fast-food chains in India, with a specialization in momo.

With a strong vision to become one of the biggest chain to generate employment and successful employee centric sensitive organization, the franchise has leg up against the competitors.

The Franchise has strong presence of more than 300 outlets across 17 cities in India with an employee size of more than 3500, Known for serving finger-smacking Momo or Dumplings popular in Nepal, Tibet and India.

Please continue reading if you are looking for a WOW MOMO Chain, and this little snippet of information thrills you.

Overview of WOW MOMO Franchise

Founded in 2008 by Sagar Daryani and Binod Homagai and later joined by colleague Shah Miftaur Rahman, Wow! Momo is a renowned fast-food chain known for offering delicious Momo at its outlets, with headquarters in Kolkata.

WOW MOMO has a significant presence in the cities like Kolkata, Mumbai, Delhi, Noida, Gurgaon, Bengaluru, Chennai, Lucknow, Kochi, Bhubaneswar, Cuttack, Puri, Pune, Hyderabad, and Kanpur.

Several investments from big houses like Tiger Global Management enabled the franchise to expand its food outlets in commercial locations like malls and tech parks.

They have a presence in more than 350 outlets across 17 cities in India. Currently, The Franchise caters to a variety of dishes under its umbrella.

• Steamed/Fried/Pan-Fried/Momo
• Thukpa
• Khao Suey
• Spring Rolls
• Honey Potato
• Chicken Wrapped Prawns
• Chinese Bhel
• Peppery Lemon Paneer
• Rice Bowls
• Desserts
• Beverages
• and other Momo’s variety

Wow Momo – The Journey

With an initial investment of Rs. 30,000 in a 6 x 6 kiosk in Springdale Spencer in 2008, and one in Big Bazaar in Kolkata on rent for an 18% revenue share, the company has grown to a brand valued at $1225 crore in 2022.

Further expansion of outlets across other cities would create opportunities for interested applicants to open this franchise near their homes.

Key Facts on Wow Momo

Why Own a Wow Momo Franchise?

With enormous growth potential in the fast-food Industry, a well-developed and managed Wow Momo outlet would benefit its unit holder in numerous ways. Below are the key reason to own this franchise,

1. Bright Future growth Prospects:
   • Firstly, Considering the future growth prospects, the fast-food and ready-to-product industry would acquire a significant market, enabling the applicant to explore and utilize the opportunities in this industry.
2. No Royalty Fee:
   • There won’t be any royalties fee as the franchise follows the FOCO Model (Franchise Owned Company Operated).
3. Low Startup Cost:
   • WOW MOMO offers a low-cost investment with a higher return than other fast-food franchises such as Chai Sutta Bar and MBA CHAI WALA.
   • Owning a well-established brand name would be beneficial for your entrepreneurship hassle-free journey.
4. Complete Support Systems:
   • The store chain offers complete support, including setting up an outlet, training, and other business tactics to run the store properly.
5. Affordable & Variety of Menus:
   • Its range of affordable and variety of menus starting at just Rs.40 to Rs 400 would enable interested unitholders to attract new consumers, resulting in outstanding profit growth.
6. Awards & Recognition:
   • Besides its continuous growth, WOW MOMO has received several awards and recognition for its innovation and achievement in the fast-food industry, enabling applicants to grab and unlock this tremendous opportunity in their hometown.

How much does Wow Momo Franchise Cost?

Whether it’s a business or Franchise first thing that struck our mind is Cost and Profitability. Regardless of whether it is a franchise or a business, this is one of the most important segments.

A franchise involves costs such as Franchise Fees, Royalty Fees, Distribution, or Dealership Fees, but one must also consider that you’ll need a few extra funds to run your business for a while.

The Investment range for the Wow franchise starts from a minimum cost of Rs. 8 Lakh to 20 Lakhs and it depends on the city location and size of outlet you choose.

In General, The franchise operates on three formats,

Distributorship

• Form Charge: Rs. 35,000 + GST
• Required Investment: Rs. 15-20 Lakhs( Refundable with Bank Interest)
• Size Requirements: 1000–2000 sq. ft.
• Profit Margin: 50%

Franchise

• Form Charge: Rs. 35,000 + GST
• Required Investment: Rs. 8-15 Lakhs( Refundable with Bank Interest)
• Size Requirements: 250-800 sq. ft.
• Profit Margin: 50%

Kiosk (only for takeaway)

• Form Charge: Rs. 35000 + GST
• Required Investment: Rs. 8-15 Lakhs( Refundable with Bank Interest)
• Size Requirements: 250-800 sq. ft.
• Profit Margin: 50%

Wow Momo Franchise Profit

Well, You have arrived at a crucial segment of this article. Now let me elaborate on this,

According to the franchise investment prospects, the owner can expect to make Rs. 95000 in profit each month and recover its investment within 8–9 months. Let’s do the fair calculation,

Wow Momo Franchise Requirements

Once you are all set to take up this franchise, you are required to at least do the proper market analysis and research about the franchise for your city.

• Interested applicants must meet the minimum financial and site requirements suggested by the franchise such as,
  • Site location: 250-300 sq. ft. at prime location
  • Investment Value: Rs. 8 Lakhs
  • Minimum work power: 3 persons.
• The franchisee must possess strong leadership qualities, be customer-oriented, be a team player, and resolve any customer’s queries with patience and confidence.
• The franchisee must have a high school degree and be actively involved in the day-to-day business activities. If are are interested in opening a Daycare franchise like Footprints Preschool franchise, you would certainly need a higher degree.
• The franchise offers an extensive training program for two months to the franchisee that includes On-the-job, apprenticeship, and Technological training to understand its business functionality and operate the franchise for the long term hassle-freely.

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Does Wow Momo sell its franchises?

Unfortunately, No. Wow Momo doesn’t work on franchise model; instead, since their establishment, it has grown orgranically. All of their outlets are company-owned and operated.

Also, there isn’t any plan to sell its franchises in the near future.

How to Apply for Wow Momo Franchise | How to Get Wow Momo Franchise?

As you are mentally and financially ready to take up this franchise, you need to visit the official website(We couldn’t find one, Try checking their official Instagram handle) and fill in the details like Name, Shop address, Email-ID, Phone number, Investment amount, and state.

After form submission, somebody from the sales team would contact you for further processing.

Conclusion

Friends, I sincerely believe that my guide on “Starting a WOW MOMO” was helpful and educational, but if you’d need more details, you can check out the franchise’s official website.

If you like this piece, kindly let me know by leaving a comment and spreading the word to as many of your friends as you can; Your comments offer us more inspiration to keep producing high-quality material for you. Many thanks.

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