Do you want to start a Wow Momo Franchise In India? This article will help you get the complete details from requirements, contact details, profit margin to apply for the Wow Momo Franchise, and a few more exclusive info related to Wow! Momo.
Wow Momo started in India and is a giant fast-food chain in the Indian Market. The variety & quality provided by Wow Momo is delicious, mouth-watering, and affordable.
If there’s a need in your locality for Wow Momo’s Franchise, opening it is a good idea, but beforehand you should do the proper market & competitor research.
All these things are pointless if you don’t know about the Franchise Model, and hence I’ve written this article for aspiring businessmen like you to know deeply about Wow Momo Franchise from soup to nuts (beginning to the end).
Below listed “Table Of Contents” denoted the topics we will go through!
How To Start Wow Momo Franchise In India?
As of December 2021, Wow! Momo has 425 outlets across 19 cities in India, and a few of them are Mumbai, Kolkata, Pune, Delhi, Noida, Chennai, Lucknow, Bangaluru, Kanpur, Hyderabad, and many more.
Opportunities are there!
One of the leading companies in the fast-food category for momos, Wow! Momo has received much praise from customers and business tycoons for their flavorsome momos.
But how to start Wow Momo Franchise? Well, there are a few requirements, which are mentioned below!
You’ll only get approval from the Wow Momo Franchise Team if the candidate meets the franchise owners’ requirements.
Below I’ve explained in detail the requirements needed for Wow! Momo Franchise, go through that section (it’s important).
What Are The Requirements Of Wow Momo Franchise?
Before applying for the Franchise Program of Wow! Momos, you should know the basic requirements that could help ease the approval process! There are requirements like the Area, Skills, Region Of Operation, Staff, Training, and Investment.
Before becoming the franchise owner of Wow Momos, you need to fulfill a few requirements, and I’ve mentioned all the requirements needed for this leading momos restaurant below!
Let’s know more about the requirements of Wow! Momos.
Skills are a factor to count; you should be passionate about the business, including a strong desire to grow, willing to work with other people, accepting challenges, cooking, culinary skills & communicating skills.
The owner should have sufficient cooking, administrative, and financial skills to run the business smoothly.
The staff you’ll be keeping should have communication and culinary cooking skills and be courteous to the customers.
Other than those, it would be best if you were 10th passed.
So, these were a few essential skills before getting into this franchise.
The area that will be required should have a kitchen and a counter. The outlet space should be enough for your workers to walk and perform the cooking task, and a counter for serving should be separate.
Space should not be too compact; approx 200-350 square feet is required to set up your Momo Franchise Store. The built-up area may differ depending on the location of the outlet space.
Regions Of Operations
You can open a store in your region, but the locality should be good enough that the customers would make you enough sales. Wow! Momo Franchise would not work as well in the village compared to the city.
So, your area should be urban so you get enough monthly sales. (Urban or Rural does not matter; the number of people you can get in a day to make good revenue is essential.)
Regions of Operations are all over India, but if you want to open a store in an area which is not that famous but you think that the outlet would run a smooth business there, then you can contact Wow! Momos Team.
As mentioned on Wikipedia, Wow! Momos have 317 outlets across 13 cities in India.
Training is essential to run the business according to the franchisor so that the quality of the product comes out of the original.
Other than that, there are a few things that you are taught in the training. Wow! Momos provides two months of classroom & on-job training for Franchise employees.
How to handle customers, soft skill training, how to improve culinary cooking skills, and how to achieve the sales target are a few things that you’ll be learning during the training.
Also, they do conduct workshops.
Minimum Staff Requirement
For your Outlet, 3-5 people are enough to run the Momo Franchise.
How To Apply For Wow Momo Franchise In India?
There are a few steps to follow while applying for Wow! Momo Franchise, you must contact the Franchise team and ask them for the franchise form and opportunities.
When you contact them, mention that you are reaching out for the franchise!
You need to fill out the franchise form by entering your name, email, contact, the region where you prefer to start a franchise, and other major details.
There is no official web page created by Wow! Momo for the franchise, you’ll need to contact them via all the available contact sources. Contact Details are an efficient way to reach out, so in the below section, I’ve mentioned all the possible ways from where you can contact the franchise.
Wow, Momo Franchise Contact Details
If you have any queries related to the franchise or want to reach out to the Wow Momo Franchise, you can contact them via the available contact options I’ve mentioned below!
|29A/2E/1, Raja Subodh Chandra Mallik Road, Jadavpur, Kolkata
|Wow Momo Contact Number
|+91 98755 31137
|Contact On LinkedIn
|Wow Momos Official Page
(You can take a screenshot of this table, it would be helpful)
These were some official Links that I found on the web, but all these contact details will help you, but you’ll not get a quick reply, and for that, I’ve got a solution.
Below I’ve listed some LinkedIn profiles of business people who are COO, CBO, and Franchise Dealers of Wow! You can message them on LinkedIn and then ask for Franchise Opportunities.
- Senior General Manager Franchising and Business Development at Wow Momo! – Rahul Chavan
- Co-Founder (COO) at Wow Momo – Binod Homagai
- Co-Founder, CEO at Wow! Momo Foods Pvt. Ltd – Sagar Daryani
- HR Executive at Wow Momo – Wow Momo
- Sr.AVP – (Operations & Business) at Wow! Momo – Raju Nagar
These LinkedIn profiles can help you to know more about the franchise, and also you’ll get a quick response.
Product Range Of Wow Momo
Wow! Momo is a fast-food restaurant chain & has grown immensely in India. They are specified in momos; no doubt they are mouthwatering and attract people and kids; there are varieties of momos at Wow Momo, but by offering a chocolate momo platter, they also attract kids.
They have a momo for every type of foodie, from vegetarian to non-veg, steam-fried, pan-fried, balance diet momos, chocolate momos, chicken momo, cheese momo, chicken and cheese momo, and so on. Keeping the variety of products has given them the advantage of attracting all types of foodies and kids.
Other than that, they also do offer moburg, the momo burger, noodles, thukpa, soups, burgers, beverages, and wow combo offers of momos to grab the attention of customers.
And they offer delivery, birthday & anniversary parties, and more; apart from that, they do digital payments like Paytm, Google Pay, Phone Pay, UPI, etc.
They plan to become one of the largest chains of momo restaurants in India and look forward to expanding their business.
Short History & Sucess Story About Wow! Momo
One of the Indian fast-food chains Wow Momos, was established by two young businessmen, Sagar Daryani and Binod Homagai. At 21, both pursued B.Com honors from St. Xavier’s College, Kolkata.
Check out this small, approximately 1-minute video; it will inspire and tell you about Wow! Momos from where they started! (Don’t miss this video)
With an initial investment of Rs. 30,000, they started this venture in 2008. One focused on brand expansion, and the other on quality production. Later the duo was joined by Shah Miftaur Rahman, who took control of the finance.
They started selling steamed momos on stalls in hypermarkets like Big Bazaar and Springdale Spencer’s, their initial store.
Gradually they started to expand their business in Kolkatta itself, and now it’s a big brand.
In 2019 Tiger Global Management invested Rs. 130 Cr. and the evaluation of Wow! Momo was 860 crores.
They have expanded their business to cities like Mumbai, Kolkata, Cuttack, Puri, Hyderabad, Kanpur, Noida, and many more.
Not only India, they have outlets in countries like Bangladesh, Tibet, Nepal, and more. (Also popularly known as dumpling)
Read more about Wow! Momo – Wikipedia Wow! Momo
List Of Awards Awarded To Wow Momos
Found a few awards that were given to Wow! Momo, so let’s have a look at the list of awards.
- Best Dim-Sum Product Chain –Indian Restaurant Congress Award 2016
- Best Unique Retail Concept Award – Images Retail Award 2017
- Coca-Cola Golden Spoon Award – Best Quick Service Restaurant in Indian Origin 2018
- Coca-Cola Golden Spoon Award – Best Innovation in Store Design 2018
Wow! Momo has employed 3500 employees as of the year 2019.
Benefits And USP Of Wow! Momo
Every business has its own USP, and here we have something unique with Wow! Momos.
If you have made up your mind to invest in Wow! Momo, for starting your outlet then you must not skip this section. I will be explaining the benefits and outcomes that you’ll be getting.
- Wow! Momos are already successful, as people in India are aware of it, and customers will come to your store if they ever pass by as Wow Momo has its Brand Value; however, they have been in the market for more than 12 years now.
- Innovation is one of the USPs; the quality they serve at the affordable price range. With their culinary cooking skills, the owners invented the style of cooking which is now loved by food lovers wildly.
- Variety of products, they have a diversified menu in the restaurant, which all customers accept. They have steamed momos, pan-fried momos, deep-fried, veg, non-veg, balanced diet, tandoori momos, moburg the momo burger, chocolate momos for kids, and many more.
- They have their sub-brand called Wow! China gives you Chinese cuisine with an Indian twist; in this sub-brand, they offer Chinese dishes with innovations at affordable prices.
- They reflect the famous Indian taste in their momos, which tastes authentic and successfully proves the original taste.
- They give utmost respect to their customers and focus on their needs.
Wow! Momos give their best when it comes to serving their customers; on special occasions, they have a respective type of special momos, discounts, and combo offers, which help them drive more customers.
With creativity and innovations, they stand out to be the best, and this is one of their apex USPs which makes them different from the league.
What Is The Cost Required To Start A Wow Momo Franchise?
Depending on the region and the size of the franchise outlet, it would cost approximately INR 8 Lakh to INR 20 Lakh to start a Wow Momo Franchise In India!
Sooner, this company will become the largest Momo restaurant chain in India. The door of opportunities is open; you must apply for the franchise via the form! All the details related to applying are mentioned in this article, so go through it and contact the Franchise Team if you want to start your store under Wow! Momo Franchise.
I hope that you got the approx cost amount to start the outlet! You must also know the profit margin, sales and expenses, and more!
Profit Margin Of Wow Momo
Below, I’ve briefly explained in the FAQ section “Is Wow Momo Profitable or Not?” So, let’s scratch the surface about the profit margin!
(The below-mentioned figure is an estimated value and not a fixed amount. It can be more or less!)
As mentioned on a few sites, you can profit Rs. 70,000 – Rs. 90,000, and even more; you can expect to return your initial investment in 9 months.
Sales & Expense
If your location is situated at a good location, then you can expect around Rs. 3-4L of revenue a month.
Talking about Expenses, you’ll need to pay for the rent, starting from Rs.10,000 – Rs. 25,000.
The monthly salary of employees you’ll be paying will be approximately Rs. 10,000 per employee, and if you keep three employees, it’ll cost you Rs. 30,000.
Other things like electricity, miscellaneous expenses would be Rs. 5,000.
I hope you got the sales & expense stats.
Is Wow Momo Profitable?
One of the important questions is if you plan to open an outlet for Wow Momos. The revenue generated by Wow Momo in the financial year 2017 – 2018 was Rs. 135 Cr.
The business has grown up in the financial year of 2018-19. Wow! Momos allows opening franchise outlets to make more revenue and expand their brand.
Benefits for you are mentioned below:
- Wow! Momos are unique and have diversified types of momos that people in India can’t resist eating.
- Prices are affordable.
- You need to invest less in this fast-food chain than other fast-food brands.
- It has a legacy of 12 years, Wow Momos is still running successfully.
- 425 Outlets in 19 Cities in India (2021), and up till 2025 definitely, the franchise outlets might have increased.
- Return on Investment is on the higher side.
Yes, Wow! Momo is profitable, where you can earn Rs.70,000 – Rs. 90,000 as a profit, and within 8-9 months, you’ll get back the initial investment amount.
How To Apply For Wow Momo Franchise?
You need to go through the basic requirements, and then with the mentioned contact details above, you can contact the Franchise Team for Franchise Application. After filling out the form, you need to wait for the reply from the team, and then further things are carried out.
What Are The Terms & Conditions Of Wow Momo Franchise?
They offer 3-5 years of franchise duration, and after you have done with your duration, you can renew it and still plan to stay, or else it’s upon you.
There are more such rules which you get to know as a written document that covers the rules, instructions, Terms, and Conditions for both Franchisee and the Franchisor.
I hope that I’ve solved your queries related to the Wow Momo Franchise! I tried my best and added all the possible values that I could add to this article.
Your vision might be clear, and you have an exact roadmap toward opening your franchise outlet of wow momos.
What you have learned?
- What are the Basic Requirements to Start a Wow! Momo’s Franchise In India?
- Complete Contact Details about Wow! Momo.
- USP, Benefits & History, Cost, Profit Margin, and more.
I hope you enjoyed the article; now I want to hear from you! Comment below if you have any queries, and I’ll definitely solve your query within 24 hours (usually faster than that).
So, leave a comment and throw your thoughts; I will help you!
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Please share this article; it’ll make my day!
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Best wishes for your next business.
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