A Guide To Start Momo Franchise Business In India
Momos are yummy and healthy snack busters that smoothly blended into the Indian food culture. Momos is a traditional food of Nepal & Tibet and it’s immensely popular in India too. There are a lot of Momo lovers out there and there is a massive demand every day for varied kinds of Momos across metropolitan, small, or medium cities, and even in villages across India. No wonder we are soon going to be recognized as ‘Momonation’ on the global map.
As per the FICCI (Federation Of Indian Chambers Of Commerce & Industry) and Technpark report, the food industry in India is expected to reach at a staggering ₹ 5.52 Trillion by 2022.
‘Momo’ is considered to be the No 1 street snack in India and so far it’s estimated to reach the $2.7 billion market. Thus, various food ventures or companies are trying to flex their muscles in the Momo business. You can now see the momo business model has been quite a rage amongst restaurants, fastfood centers, food courts, and joints in India.
Are you wondering how to kickstart a Momos business in India? Well! You’ve landed at the right place. In our blog, we will share some great tips and tricks to start momos business in India. You will come to know which are important factors you should consider and how to take a measured approach to start your own momo franchise business in India.
How To Start A Momo Business In India: A Comprehensive Guide
For anything to achieve in life, you need to have a proper plan in place. Having a systematic momo business plan will help you explore various things good or bad for you. It will give a clear road map about the stages you will go through in the business journey.
•Know your audience – To know whom you will cater to in the market is very important. While building a momo franchise or business plan, analyze who will be the ideal customer. Momos are mostly a craze amongst youngsters and Gen Z.
•Value Proposition – Know the right audience including what they like or dislike. If you planning to sell only momos, that is OK, but if you’re planning to start a variety of Momos with various combinations, dips, and side dishes, that will increase the product’s overall value.
•Learn Competitors – Who will be your competitors in the business? How many competitors are there in the demographic area? How aggressive or defensive the competitors are in business? What strategies do they follow? These are some real questions that need to be figured out while building a systematic momo franchise business in India
•Market Conditions: Make sure you study the in and out of markets & even analyze the market estimations – the internet will help you.
Location
It’s important to know where you start your momo business in the city. Make sure the place won’t have intense competition and quiet hustle bustle around. Make sure you’re getting a location that is prominent and easily noticeable for people and commutes. Also, you should have ample space for a momo kitchen and people to sit and enjoy their hot steamy, or crispy Momos. momos on wheels franchise can be an excellent choice for start-up businesses. Momos on wheels franchise cost will vary based on factors like – city, location prominence, crowd, and average real estate rates/rents, etc.
Momo Menu
Indian always love to experiment and no wonder they come up with typical Indianness in most of the dishes overseas. Though momos taste awesome in their original form, however, there are a lot of amazing Momo dishes in India with a lit bit of ‘Desipan’ involved in it. So here are some popular Momos varieties in India – Tandoor Momos, Pan-Fried Momos, Fish Momos, Paneer Momos, Cheese Corn Momos, Classic Chicken Momos, Jain Momos, etc.
Thus, before you venture into the momo business it’s important for you to decide what variety of momos will you love to serve the customers. Make sure you bring a mouthwatering taste to the table. Also, if you serve other items like coke, juices, and milkshakes will help you a lot. People love to explore varieties and different combinations.
Food Licenses
To start any food business, you should have proper licenses in place and even momos businesses need it. There are given types of licenses you need for a momo business owner – FSSAI Food Licences, GST Registration, Police Eating House License, Local Municipal Corporation Health License, and Fire License. The total costs will be around ₹10000 to ₹15000 in India.
Hire Expert Staff
A good staff is like half the battle won. Fast food as the name suggests is served in a couple of minutes – hot n steamy, thus, you need professionally trained staff to prepare the fast food. It’s important you hire experts with good experience to prepare varied kinds of momos and bring innovation to food practices.
Ensure your staff is familiar with commercial kitchen tools and prepare tasty momos with authentic sauces and spicy chutneys. You can pick agencies that offer trained restaurant staff and chefs who mainly specialize in momo making and other fast food items.
Modern Equipment
When you’re exploring commercial kitchen equipment and tools to cook momos you should take advice from industry experts and chefs. Momos business will need a lot of commercial kitchen equipment like stainless steel steamer, Fryer, tandoor, dough kneader, cutting machine, meat mincer, work table, chopper, and more. Based on your budget and expert skills, you can decide which equipment you should buy and start your business with – be it your own momo business or momo franchise in India.
If you’re looking for the best momo franchise in Mumbai, you can visit Qmomo. At Qmomo, we offer a franchise model with modern-day equipments and faciltiies. Along with the best kitchen tools online, we can even offer design assistance and expert consultation.
On A Concluding Note –
Momos are selling hot pancakes in the town. All you need is the presence of mind, a measured approach, and the right guidance from top-of-the-line momo businesses in the city to start your own exciting new momo business. Do let us know in the comments below if you have any further suggestions for entrepreneurs who wish to start a momo business in India.
Start a momo franchise with Qmomo and start earning today!