If you, like many other people in the country, share a love for momos and want to invest your money in a momo restaurant chain and become the owner of a momo outlet, then this is the right place for you. This article will give you information about the Wow Momo franchise and tell you about its features. The article will help you in making the decision as to why you should choose Wow! Momo and invest your money in this company.
People in India love food and they eat and appreciate cuisines from places all over the world. One cuisine that is vastly popular in India is Chinese cuisine. People love eating Chinese food items whether it is Manchurian, noodles, man chow soup, etc. But one Chinese food item that has gained a lot of popularity in the past couple of years is momos. The rise of momos as a food item in India is nothing less than spectacular to watch.
A vast variety of momos are made and sold in India like veg momos, chicken momos, paneer momos, tandoori momos, fried momos, etc. One restaurant chain that comes to the top when it comes to momos in India is Wow! Momo. Wow! Momo, in a short period of time, has managed to gain a lot of popularity among the momo lovers of India. The company, with its delicious food items and high-quality customer service, has managed to gain a huge and loyal customer base in the country.
How to Get a Wow! Momo Franchise?
There are a lot of benefits associated with investing money in a company like Wow! Momo and becoming the owner of its franchise. Wow! Momo brings a unique touch to its products that help the franchisee in attracting a lot of Indian customers. As compared to other fast-food chain restaurants that are out there, the amount of investment required by a franchisee to open up a franchise of Wow! Momo is pretty low. One of the major advantages that are there with being the owner of a Wow! Momo outlet is that the company has a strong brand identity in the Indian market.
This helps in attracting more customers and thus, increases the sales of an outlet. The return on investment that an individual may get by putting his or her money in this company is on the higher side of the scale. Another major thing that attracts a lot of customers to invest in the Wow! Momo franchise is when the company puts the franchise, along with his or her employees, through a company program to make sure that the franchisee learns the ropes of the business and is equipped to successfully run the store.
There are a certain number of steps that an individual has to go through in order to become the owner of a Wow! Momo store. Below is a list of steps in the Wow! Momo franchise process that an individual should follow if he or she wants to own a Wow! Momo outlet:
- The first thing that an individual has to do in order to become the owner of a Wow! Momo store is to visit the company’s official website.
- Upon reaching there, you will find a franchise guide that will help the individual in learning about the franchising process of the company.
- After that, the individual has to submit his name, email id and phone number on the website.
- Then, the support staff of the company will get in touch with the individual to take things further ahead.
Wow! Momo Franchise Cost
The one factor that every investor worth his salt takes into consideration while making a decision as to whether to invest in a company or not is the cost of investment involved. The same is the case with Wow! Momo franchise price. The cost of investment has to be such that the investor gets maximum benefits for the lowest amount of financial risk. Wow! Momo franchise cost in Kolkata comes to around 8 to 20 lakh rupees. The cost of the investment may vary depending on the location of the store and various other factors.
Franchise Requirements
As is the case with any other franchise, there are certain requirements that an individual has to fulfill if he or she wants to become the owner of a Wow! Momo restaurant. The first requirement is regarding the area or the outlet space required to open up the Wow! Momo store. A sufficient area is required to set up the store so that there is enough room to set up the equipment and the workers are also able to walk freely while performing their duties. In the case of a Wow! Momo store, the area that is required by an individual to set up the store comes to around 250 to 300 square feet.
Another requirement that the franchisee is regarding the number of workers. A minimum of 2 to 5 employees are required to be hired by the franchisee to smoothly run the store.
Profit Margin
A person associated with a company like Wow! Momo stands to gain a significant amount of monetary benefits. A person, as a franchisee of Wow! Momo is expected to make around 95,000 rupees in a month. The franchise can possibly earn back the initial investment money in a period of 8 to 9 months.
Contact Details for Enquiry
There might be times when a person has certain doubts about a company but he or she is not able to contact them in any way to clarify those doubts. So, if a person has any doubts or problems and wants to get in touch with the support staff of Wow! Momo in order to solve those problems, then they can make use of the following information:
29A/2E/1, Raja Subodh Chandra Mallik Road, Jadavpur, Kolkata.
Wow Momo Contact Number: 098307 44776
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More About Wow Momo
Wow! Momo is a quick-service restaurant chain that is based in India. The company has its headquarters in the city of Kolkata in the state of West Bengal. The company is most popular for making and selling momos and dumplings. These food items are popular in countries like India, Nepal, China, Tibet, etc. The company was started in the year 2008 by two people – Sagar Daryani and Binod Homagai. Both of them are pass-outs from the St. Xavier’s College, which is situated in Kolkata.
Sagar Jagdish Saryani and Binod Kumar Homagai started the business in Springdale Spencer by selling steamed momos in a 6 by 6 kiosk. In the initial period, the stores opened by the company were usually in the form of kiosks in places like Big Bazaar and Spencer’s in the city of Kolkata. With time, as the company started to grow, food outlets were being opened in shopping malls and other commercial outlets.
Today, Wow! Momo has made its presence known in various parts of the country. As of the year 2018, the company has more than 200 Wow! Momo stores in India are spread across 13 cities of the country. The cities that have Wow! Momo stores include Kolkata, Chennai, Delhi, Mumbai, Noida, Bangalore, Hyderabad, Kanpur, Lucknow, and Kochi. The company aims to open more than 300 outlets by the end of the year 2019.
Products Range
The company specializes in making and selling momos and has a large variety of momos to offer to its customers like chicken momos, burger momos, chicken and cheese momos, chocolate momos among many others. But that does not mean that the company does have any other good products to sell to its customers. The company sells products like thukpa, soups, noodles, etc. to satisfy the cravings of their customers.
FAQs Related to Wow Momo Franchise
The Wow! Momo franchise process starts by an individual visiting the company’s official website and submitting his personal details like name, contact number, and email address. Then he or she is contacted by the people at Wow! Momo to take things ahead.
Wow! Momo franchise price comes to around 8 to 20 lakh rupees.
Yes, the franchise of Wow! Momo is very profitable. A franchisee can make around 95,000 rupees as profit in a single month can earn back the initial investment amount in a period of 8 to 9 months.
Currently, there are more than 300 Wow Momo outlets spread all across the country.
The first requirement regarding the area or space required for the outlet. There should be enough space to keep all the equipment and for all the employees to roam around. An area of 250 to 300 square feet is sufficient for a Wow Momo outlet. The other requirement is that the owner needs to hire 2 to 5 workers in order to run the store.
If a person has any query or problem, he or she can contact the Wow Momo staff at this number – 098307 44776
What’s great about Wow Momo is the affordability. So, it doesn’t matter where you open it, the profits are pretty much guaranteed with this franchise.
The number of employees you need will depend on the size of the store and also the location. If it is somewhere busy, you will need more employees compared to places with less footfall.
It is difficult to deduce is Wow Momo is the biggest momo franchise or not but the good news is that it is one of the most profitable.
Final Words
The company has been able to win various awards and accolades since its inception in the year 2008. In the year 2016, Wow! Momo received the honor of the Best Dim-sum Product Chain at the Indian Restaurant Congress Award. The company was the winner of the Best Unique retail Concept Award at the Image Retail Award in the year 2017. Wow! Momo was also awarded as the best Quick Service Restaurant in Indian origin in the year 2018 at the Coca-Cola Golden Spoon Award. At the same award in 2018, the company also won the award of Best Innovation in Store Design.
All these accomplishments are a good sign that investing in a company like Wow! Momo is a great choice. So, if you have money to invest and are looking to invest in a quick-service restaurant chain in India, you have to look no further than Wow! Momo.
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