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India is a diverse nation with a broad range of local cultures, languages, and economies. Momos or the tasty dumplings which come with a vegetarian or a non-vegetarian stuffing that travelled to Tibet, Nepal, and the Himalayan regions before being adopted by the Indian foodies as well-loved street food. A Momo is a wheat flour-covered dumpling with steamed/fried stuffing and is served with a tasty chutney. Setting up a Momo business is a wonderful and productive option for entrepreneurs who want to start a low-cost food business. There are about four options available in the Momo retailing industry. These include Momo delivery, Momo QSR (Quick Service Restaurant), Momo kiosk, and Momo in the vending machine.
Did You Know?
The average profits of a Momo franchise like the Wow Momo franchise ranges between ₹ 11 to 12 Lakh per year i.e. ₹ 1 Lakh per month!
Momos with an Indian flavour
Today, like the Indian samosa, vada-pav and other street snacks, Momos or a variant of the Indian Kadubu have become a part of the Indian cuisine. The Momos sold on streets are better known as Dim Sum in glitzy restaurants. The humble dumpling stands are differentiated from other Momos by its outer covering and filling. Setting up an Appetite Momos franchise requires a reasonable amount of investment and have proved to be very lucrative. Indians have given a desi twist to Momos. Some of these include the pan-fried, steamed, whole-wheat, Schezwan, and tandoori. Momo is a dish that is native to Tibet. However, it has a strong presence in the fast-food menus of Nepal, Darjeeling, Sikkim, Northeast, and North India. You can find the veg and non-veg variants. Some of the most popular stuffing options are vegetables, paneer, mushroom, chicken, mutton, pork, etc. Commercially, the Momo is both a roadside hit and a potential restaurant menu. The growing culture of eating out has also made people love Momos for their taste and healthy proposition. Momos have become a popular choice in food and have proved to be a lucrative item.
Also read: Smart Franchise business opportunities in India
Popular Momo Franchises in India
Momos on Wheels
This is a food truck model. It provides healthy and tasty food on the street. The company transports products anywhere without installing a kitchen. This offers four different franchise models to entrepreneurs. These are distribution, medium franchise, small franchise, and micro franchise.
Momoman
Momoman is a Gujarat-based company that offers four different franchise models to entrepreneurs. These are QSR, Momoman Wagon, Momo Cycles, and Momos on Foot. It provides an intensive training program and a hand-holding guide to the new franchise owners.
The Momo Station
This Delhi-based company offers franchise opportunities across India. It is known for its quality and affordable Momos. It has three franchise business models depending on the investment scale. These are The Kiosk, The Take-Away, and The Restaurant model.
6 Pack Momos
This includes the concept of ‘Take Away Momos’. They have more than 250 different types of Momos and the company operates in the vending business model. You can set up a business with a reasonable amount of capital.
Dumpling Momo Franchise
Dumpling Momo, offers more than 48 varieties of Momos. It is also known for some innovative variants like the Veg Hara Bhara and the Dimsum Momo. The company offers a franchise opportunity pan India.
Momo Zone
Momo Zone is a Delhi-based company and offers channel partner business opportunities to new entrepreneurs. The company provides the equipped Momo carts along with other accessories for operation.
April 3rd Foods – Momo Franchise
April3rd Foods is one of the largest manufacturers and suppliers of hand-crafted frozen Momos in India. It is a Bangalore-based company. The company is looking for distributors as a plan for expansion. It provides free product samples and marketing brochures on demand. As the company provides handmade frozen Momos.
Momo Nation Cafe – Momo Franchise
Momo Nation Cafe offers two different business models for the would-be franchise partners - Takeaway or Delivery or Food Court model. And the second is the dining model.
Momo King
This is a global brand that opened its first store in India in Gurgaon. In India, the company has an expansion plan to open 120 outlets over two years.
Dimsum Momo Express
Dimsum (Momo) Express is considered a group of quick-service restaurants and offers a variety of tasty dim sum at an affordable price. The wide variety of dim sum includes several different wraps, fillings, and cooking styles, including crystal, wonton, steamed, pan-fried, baked, and oven-roasted tandoori flavour.
Also read: Inspiring Tips To Start Your Own Small Business Cafe
Advantages of getting a Momo franchise in India
Individuals desirous of setting up a Momo Franchise do not require large amounts of investments. These franchises have proved to be very profitable. Some of the advantages of setting up such a franchise include:
- A well-established brand name results in increased clientele and helps reduce advertising and marketing expenses.
- Technical know-how, support and training is provided by the Company offering the franchise. Some Companies provide the design, layout, décor, a well as furnishings.
- Easy financing is to be expected as the franchise offer comes with a ready-to-exploit market, brand name, project proposal, assured ROI, etc.
- Momos have gained immense popularity as a cuisine that includes a variety of flavours and fillings. You can set up a franchise in any city and are sure to earn profits.
Also read: How to start a flourishing food packaging business
The Best franchise offers
There are many Momos brands in India offering Momo franchise offers to pick from and the list below hopefully helps you pick the right offer for you.
Wow! Momos
Metro cities need no introduction to this favourite Momos brand. The story behind Wow Momos is also interesting. The duo of founders Vinod Homagai and Sagar Daryani started this venture in August 2008. The initial outlet was a 6x6 sq ft kiosk at Spencer’s. The company is presently valued at ₹ 1225 crores and has Angel investors, Tiger Global as one of its main investors. They have 357 Wow! Momo outlets pan India and 50 outlets of Wow! China. They are also offering a low-cost investment franchise through a tie-up with The Café Coffee Day outlets.
Depending on the Momo franchise in India, and the model you choose, your initial investment for Wow Momo franchise costs can range from 5 to 10 L ₹ or 8 to 20 Lakh ₹. Some of the franchise requirements are that the space required should be commercially viable and from 100 to 300sft to accommodate a counter, kitchen, store etc. The communicative entrepreneur should have passed 10th grade and have some experience in the restaurant or food sector.
Nainital Momos
Founded by Ranjith Singh Rawat from a roadside cart vending Momos, the Momo chain started in 2008 and took 5 years to develop its over 10 Lakh customers each day. Nainital Momos offer authentic Nepali Momos and their chocolate and Sunday Momos are a hit. Nainital Momos Pvt Limited is operating from Lucknow and has about 20 employees on its rolls.
Depending on the various factors your initial investment can range from 10 to 25 L ₹. Some of the franchise requirements similar to the Wow Momos franchise offer are that the space required should be commercially viable and around 400 ft to accommodate a counter, kitchen, store etc. The communicative entrepreneur should have passed 10th grade and have some experience in the restaurant or food sector. The investment here is slightly higher as is the payback period of 24 to 36 months.
Momo Nation Café
Founded by Pradeep Patil in 2016, Mom Nation started franchise operations in 2017 in Delhi, UP, Maharashtra, Haryana etc. Presently they have over 40 plus outlets in 12 States across India. Depending on the various factors your initial investment can range from ₹ 5 to10 lakhs when compared to the Wow Momo franchise cost. Some of the franchise requirements are that the space required should be commercially viable and around 100 to 400sft to accommodate a counter, kitchen, store etc. The entrepreneur should have passion, have passed 10th grade, and have some experience in the restaurant or food sector. The investment payback period is 8 to 9 months. Momo Nation Cafe offers more than 50 varieties of Momos, including Tandoori, crunchy, chilli gravy, steam, and fried Momos. It is a fast-developing franchise offer and provides budding entrepreneurs with one of the greatest franchising opportunities.
House of Momos
House of Momos originated from Nepali cuisine Momos in 2014. Presently they have over 100 outlets across Maharashtra and are looking to establish outlets pan India. Their uniqueness is the use of high-quality ingredients, zero leakages and zero waste policies. Their variety and taste are outstanding and their Momo shelf life is over one month. They also operate in the QSR or quick-service restaurant segment and serve desserts, shakes and more like the Wow Momos franchisees.
Founded by its present CEO Varun Kapoor in 2014, House of Momos with over 100 outlets is offering a master franchisee offer pan India. Depending on the various factors your initial investment can range from ₹5 to10 lakhs. Some of the franchise requirements are that the space required should be commercially viable and around 100 to 300sft to accommodate a counter, kitchen, store etc. The investment payback period is 15 to 18 months.
Kingdom of Momos
Kingdom of Momos from the Virgo Hospitality Group is India's Chinese culinary epicentre. Kingdom of Momos goes beyond the lovely Momo variety with its rich flavour and unique approach wherein customers are served a whole plate of their favourite Chinese Momos. Presently they have over 75 outlets and are looking to establish outlets pan India. They operate in the QSR or quick-service restaurant segment and have much in common with the Wow Momos franchise cost. Representing the group is CEO Bhupinder Singh who plans to franchise operations pan India. Your initial investment can range from ₹ 5 to10 lakhs. Some of the franchise requirements are that the space required should be commercially viable and around 150 to 250sft to accommodate a counter, kitchen, store etc. The investment payback period is 6 to 11 months.
Fusion Momos
Fusion Momos from the Roti Aur Boti and Fusion Food Works group in Mumbai is offering its franchise operations pan India, post their experience in the QSR segment of 5 to 6 years. Presently they have three outlets in Mumbai. The chain is represented by its Managing Director Jahaan Khurana who founded it in 2014. The low-cost investment of ₹ 5 to 10 lakhs assures a return of 10% and a payback period of 15 to 22 months. The space requirement is 150 to 300 sq ft of commercial space.to accommodate a counter, kitchen, and storage.
Dumpling Momos
Dumpling Momos was established in Kolkata in 2013 and presently has 3 outlets there. They have over 48 varieties of Momos and the favourites are the veg Momos, egg Momos, tandoori Momos among others. They are looking to expand their outlet numbers in North India and are targeting a revenue of ₹ 4.5 lakhs per month from their Dumpling Momo franchise outlets. The investment can range from 8 to 10 Lakh ₹ and needs 100 to 200 sq ft of commercial space. Franchise enquiries can be directed to the founder Saoli Majumdar of Buddha Bites.
Darjeeling Momos
Darjeeling is a cart to riches story of Abdulkarim Saiyad Yatnal who started vending Kathmandu Momos in 2014. Darjeeling Momos is looking to expand its presence through franchisees across India. The investment range is 15 to 20 lakhs for a quick-service restaurant. Presently it has 3 franchisee outlets in Mumbai and these earn a return of 72% from their sales. The anticipated payback period is 24 to 36 months and you will need at least 500 to 700 sq ft of commercial area to start the Darjeeling Momos QSR.
Momo Station
Momo Station is Gujarat-based and was founded by Vishisth Juneja. Their brand fee ranges from ₹1.5 to 3 lakhs depending on the model chosen. Momo station serves Asian Momo varieties in a variety of business models like the QSR: Kiosk, on-foot, man-wagon and food truck modes.
It is now looking to expand its presence through franchisees across India. The investment range is ₹ 3 to 10 lakhs with a return of 131 to 134% and a payback period of 12 to 16 months depending on the business model chosen. A brand fee of ₹ 1.5 to 3 lakhs is also levied. Space required could vary from 100 to 500 sq ft.
Dim Sum Bureau of Momos
Dim Sum Bureau of Momos is Hunan-based and offers a platter of Chinese Momos. It is looking to expand its presence through franchisees across India according to its Chairman and Founder Yuxiao Wang. The investment range is ₹ 8 to 25 lakhs inclusive of brand fees. You can expect a return of 70 to 90% from an approximate 200 orders per day Momo sales. The anticipated payback period is 24 to 36 months and you will need at least 200 to 400 sq ft in a commercial area to start the Darjeeling Momos QSR.
Also read: How Digitized Menu Benefits Your Restaurant Business
Conclusion
The Momo business is set to boom across India and there are several options to choose from. Besides the famous Wow! Momo brand in India and the other Momo franchise offers mentioned above, there are several others that are worth exploiting.
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