Hello readers, Welcome to our new post, which is regarding the Momo Street franchise opportunity. Today, many small to big businesses have emerged, offering franchise opportunities where one can take on the distribution of a company’s product. If you are considering starting a Momo Street franchise business, we have all the details you need.
Momo Street franchise is a promising business venture, especially with the growing popularity of momos in various settings. This franchise involves distributing and selling momos and related products to local shops, events, and communities. As a franchisee, your role is crucial in ensuring that Momo Street products reach consumers efficiently.
Highlights – Momo Street Franchise Apply, Dealership Cost & Profit Margin
- Article About: Momo Street Franchise Apply Online, Dealership Cost, and Profit Margin
- Marketing Company: Momo Street
- Type of Dealership: Wholesaler/Retailer
- Mode of Applying: Online
- Article Category: Franchise/Distributorship Inquiry
- Year of Advertisement: 2024
- Selection Process: Document Verification & Interview
- Location of Dealership: All regions of the Indian Nation
Momo Street Franchise: Eligibility Criteria & Requirements
To become a Momo Street franchisee, you must meet specific eligibility criteria. Here’s what you need to know:
| Brand | Basic Space Requirement | Godown Space Requirements | Licensing and Permits |
|---|---|---|---|
| Momo Street | 150 sq ft. to 250 sq ft. | 600 sq ft. to 800 sq ft. | Required Business License related to Food Safety, Land issuance, and GST |
Documents Required For Momo Street Franchise
Ensure you have the following documents and licenses ready when applying for a Momo Street franchise:
- ID Proof: Aadhaar Card, PAN Card, Voter Card of Applicant
- Address Proof: Electricity Bill/Ration Card of Applicant
- Applicant’s Qualification Certificate
- Photograph, Email ID, Mobile Number of Applicant
- Current A/C and canceled Cheque
- GST Number
- Outlet Trade license
- Shop agreement / Sale deed
- Rent agreement
- N.O.C
Momo Street Franchise 2024: Dealership Cost
Starting a Momo Street franchise involves certain costs, including initial investment. Here’s a breakdown of the estimated costs:
| Cost Components | Estimated Cost (INR) |
|---|---|
| Franchise Security Fees | As per brand guidelines |
| Minimum Initial Stock Purchase | 1 lakh rupees |
| Basic Infrastructure | 1 lakh rupees |
| Shop/Godown cost | Dependent on ownership or rental status |
| Commercial Vehicle Cost | 3 lakhs (Number of vehicles depends on your route) |
| Working capital | 1.5 lakhs |
| Total Dealership Cost | 5 lakhs to 8 lakhs |
Momo Street Franchise: Profit Margin
Upon acceptance as a Momo Street franchisee, you can expect a profit margin of up to 12-18%. Here’s a detailed look at the potential earnings:
- Per plate profit margin: Rs. 8/-
- 200 plates margins: Rs. 8 x 200/-
- Daily gross profit: Rs 1,600
- Monthly gross profit: 48,000/-
Momo Street Franchise Apply Online
To apply for a Momo Street franchise, follow these steps:
- Visit the Official Website: Go to the official Momo Street website.
- Fill Out the Application Form: Complete the online application form with your personal and business details.
- Submit Required Documents: Upload the necessary documents as mentioned in the eligibility criteria.
- Application Review: Your application will undergo review by the company.
- Interview and Verification: If shortlisted, you will be called for an interview and document verification.
- Approval and Agreement: Upon successful verification, you will receive approval, and a franchise agreement will be signed.
- Setup and Training: Set up your franchise outlet and attend training sessions provided by the company.
- Launch: Begin operations and start serving delicious momos under the Momo Street brand.
Stay tuned for more updates and detailed information on the Momo Street franchise opportunity.