
Wow Momo Franchise Cost in India
The QSR market in India experiences continuous evolution because its population of young urban dwellers increases their purchasing power coupled with their desire for varied convenient accessible meals. The Indian QSR market functions as a rapidly thriving industry segment. The QSR industry reports showed the market value is expected to grow from USD 1,055.48 billion during 2025 and experts expect it will reach USD 1,930.14 billion by 2032 at a Compound Annual Growth Rate (CAGR) of 9.01% during this projection period. The vibrant market has enabled homegrown brands to establish important market segments which compete against established foreign competitors. Wow! Momo has transformed the everyday momo street food into a standardized fast-food chain which has gained major popularity throughout India.
Teams of aspiring entrepreneurs should consider the Wow! Momo brand due to its demonstrated market success since it delivers strong prospects in the lucrative food service industry. Experiencing success from large scale business initiatives demands first and foremost that entrepreneurs grasp the full financial requirements. The article examines all elements of Wow Momo franchise opportunities within India while focusing specifically on financial requirements including investment costs and profit potential and business support.
About Wow! Momo

The private food firm Wow Momo Foods Private Limited started its operations in 2008 through the founders Sagar Daryani and Binod Homagai in Kolkata of West Bengal. The founders invested ₹30,000 to launch two kiosks through which they began their venture by reinventing momos with different fillings like chocolate and cheese as well as pan-fried and fried cooking methods expanded beyond steamed originals.
The company demonstrated their market success through visionary gap detection and remarkable execution of basic principles alongside superior product evolution. The company expanded its operations through the launch of Wow China in 2019 together with Wow Chicken and Wow Kulfi and plans to become a multi-cuisine QSR giant under the Wow brand organization.
Wow Momo began operation from its headquarters in Kolkata while establishing itself as a major food chain in cities along with towns across the entire Indian market. The company operated 650+ outlets across its brands led by Wow Momo in more than 40+ cities. Their business growth combines company-owned and franchised outlets where franchising serves as the key element to enhance their accelerated expansion plan.
Investors consistently express great interest in Wow! Momo since prominent venture capital firms including Tiger Global, Light house Equity and others have made multiple successful funding rounds. These investments supply capital for business growth while presenting strategic knowledge that strengthens both the brand’s market positioning and shows its potential to investors.
Here is a summary of key facts about Wow Momo:
Feature | Details |
Founded | 2008 |
Founders | Sagar Daryani, Binod Homagai, Narayan Das |
Headquarters | Kolkata, West Bengal, India |
Primary Product | Momos (various types), Burgers, Rolls, Desserts |
Brand Portfolio | Wow Momo, Wow China, Wow Chicken, Wow Kulfi |
Business Model | Company-Owned and Franchised Outlets |
Approx. Outlets (Across Brands) | 650+ |
Presence | Over 40 cities across India |
Key Investors | Tiger Global, Lighthouse Equity, others |
Formats | Kiosk, Kiosk+, Dine-in, Cloud Kitchen |
Unique Selling Propositions (USP)
Wow Momo’s success can be attributed to a bundle of Unique Selling Propositions that connect very well with the Indian consumer:
- Product Innovation & Diversification: They did not sell traditional momos. They come up with new fillings (Tandoori Momo, Cheese Momos, Chocolate Momos and Pan-Fried, Steamed, Fried, Moburg – Momo Burger, Momos Augratin). This keeps the menu as cutting edge and satisfying to changing palates. By entering Wow China, Wow Chicken, and Wow Kulfi, the company expands the offering and gets to take the bigger share of the customer’s wallet and make multi-brand franchise possible.
- Affordability & Value: Momos by virtue are inexpensive snacks. Wow Momo has achieved parity in price and at the same time a tidy, neatly set up product-of high hygiene By the way the service is good too. Making it easier to reach the widespread consumers, to the students to the office.
- Standardized and Quality: With a more professional approach, they ensure consistent taste, quality & hygiene across all the outlets, a key factor in building customer apprehension in the QSR space.
- Strong Brand Recall & Identity: The name is “Wow Momo”, memorable and catchy. Their branding, packaging & store design, are very fresh looking, appealing & memorable generating a solid brand recall.
- Accessibility through Multiple Formats: By having Kiosks (high footfall areas), Kiosk+ (smaller, limited seating), Dine-in (full service restaurants) and Cloud Kitchens (delivery only) models, they can vary location types, investment levels and target customers to get the best from the market.
- Target a Time-Tested Staple: Momos have caught on in Indian culinary ways of many regions particularly the Eastern and North part of India. Wow Momo was able to overcome this existing popularity to the new markets successfully.
Revenue Growth In India
It proves difficult to obtain accurate up-to-date revenue data about Wow Momo since it remains a privately held entity without public stock exchange listings. The revenue data for Wow Momo Foods Private Limited reveals the following trends based on official statements and financial reports.
- The revenue numbers at Wow Momo franchise showed substantial expansion during Financial Year 2023 (FY23). Reports show that Wow Momo Foods Private Limited generated between ₹470 crore in revenues during FY23 .
- The company achieved an unexpected year-on-year growth rate that eclipsed its earlier fiscal yearly increases which reflected its robust recovery since the pandemic subsided.
- The ongoing aggressive expansion initiative of Wow Momo Foods Private Limited combined with its efforts to boost same-store sales through innovative menu offerings and marketing campaigns will probably lead to increased revenue during Financial Year 2024. Industry experts along with company estimates indicate that FY25 revenue will exceed the revenue from FY24 to establish numbers between ₹650 crore based upon final quarter results.
- The Compound Annual Growth Rate (CAGR) maintained solid momentum during past years because of quick outlet expansion and growing brand popularity. The company exhibits a high double-digit CAGR measuring above 30-40% throughout recent years FY21-FY24 during its swift expansion from a small initial base.
Why Choose the Wow Momo Franchise?
Making a franchise investment is a smart decision and selecting the right brand is a key decision. Here’s why Wow Momo becomes a viable choice as a franchise opportunity for the business aspirants in India:
- Well Known Brand: Wow Momo is not a startup anymore; it’s a solid known name in India, with wide acceptability through the youth group and the medium income section. This gives an instant advantage to franchisees compared to starting a brand from scratch.
- Established Business Model: The company has learned to operate, source materials, engineer and produce products and promote its brand in over 10 years. Franchisees gain from this tried-and-tested formula.
- High Growth Market Segment: Position of the franchise in the growing QSR market with expertise in a strong and versatile product as momos puts the franchise in a high demand sector with substantial growth prospects.
- Multiple Product Line: Momos’ success is supported by the expansion of Wow China and the launch of Wow Chicken and Wow Kulfi. This multi-brand strategy uses synergy to franchisees and opens the market and opportunities broader.Â
- Great Franchisor Support: As explained later, Wow Momo franchise offers extensive assistance on training, operations, supply chain, marketing, among others, which is just what entrepreneurs, especially novices to the F&B industry, require.
- Flexible Formats: The variety of franchise models (Kiosk, Kiosk+, Dine-in, Cloud Kitchen) lets potential investors select an option more suited to their budget & ambitions, intended location, and operational capabilities.
- Favorable Unit Economics (Potential): Given that profitability is diverse, the relatively lower operational costs related to a QSR (vs. fine dining) and the considerable high volume sales potential of such items as momos can create potentially attractive unit economics & faster paybacks, in a market with preferential circumstances.
- Innovative Sense: Wow Momo has always been a place for a continuous new product introduction which keeps the menu exciting for the consumers and also offers new products to the franchise partners so that they could sell more.
Understanding Wow Momo Franchise Model
Wow Momo has a mobile franchise model with different investment levels and operational simplicity, mainly categorized by outlet format:
Kiosk Model:
This is the most fundamental and the high risk lowest investment model. It is basically a small counter or stand-alone unit with no or limited seating area.
- Best Locations: Areas of high footfalls like inside malls, inside metro stations, entrance of malls, corporate parks, college campuses.
- Focus: Primarily take-away and delivery.
- Operational Complexity: Relatively low, focuses on quick service and efficient product preparation.
Kiosk+ Model:
Slightly bigger than a standard kiosk, has a small limited seating area.
- Best Locations: Similar high-footfall areas but with space availability for a few tables. Food courts are one of the right places for such a format.
- Focus: Combination of takeaway, delivery, and small dining.
- Operational Complexity: Low to moderately low, will have to manage small seating in addition to counter service.
Dine-in Model:
A full-fledged restaurant format with ample seating space and a more extensive menu (potentially including soups, platters, etc., that require more preparation space).
- Best Locations: High streets, main roads in residential or commercial areas. Very large food courts with designated seating areas.
- Focus: Generates a full dine-in experience, take-away and delivery.
- Operational Complexity: More than kiosks, handles a large number of staff, kitchen and dining area.
Cloud Kitchen Model:
A kitchen dedicated solely to providing online delivery orders. No dine-in or walk-in customers.
- Best Locations: Could be commercial, or even semi commercial vicinity where initially rental amount is low, as physical presence is not needed. Access for delivery folks is #1.
- Focus: 100% delivery through online channels (Swiggy, Zomato, etc) and potential own delivery channels.
- Operational Complexity: Concentrates only on running kitchens efficiently, packaging, and order management linked to technology platforms. Commonly fax used for multi-brand operations (e.g. one kitchen to run Wow Momo, Wow China etc.)
Wow Momo Franchise Cost Breakdown
The initial investment needed for a Wow Momo franchise depends heavily on the selection between Kiosk, Kiosk+, Dine-in and Cloud Kitchen formats as well as outlet dimensions with consideration for location type and property state.
The financial requirements to establish a Wow Momo franchise during span from ₹8 Lakhs until ₹20 Lakhs with higher possible amounts needed for extensive Dine-in establishments and central metropolitan locations
Cost Component | Estimated Range (₹ Lakhs) – Kiosk/Kiosk+ | Estimated Range (₹ Lakhs) – Dine-in/Cloud Kitchen | Description |
Franchise Fee | 5.00-6.00 | 4.00 – 6.00+ | Initial, one-time, non-refundable fee paid for the rights to use the brand name, systems, and support. Varies by format. |
Setup & Interior Fit-out | 3.00 – 6.00 | 7.00 – 12.00+ | Costs for civil work, flooring, painting, false ceiling, lighting, branding elements, seating (if applicable). |
Kitchen Equipment | 2.00 – 4.00 | 5.00 – 8.00+ | Purchase/installation of steamers, fryers, refrigerators, freezers, stoves, chimneys, exhaust systems, preparation tables, utensils. |
Initial Inventory | 0.50 – 1.00 | 1.00 – 2.00+ | Cost of initial stock of raw materials, packaging materials, etc., to start operations. |
Licenses & Permits | 0.20 – 0.50 | 0.30 – 0.70+ | Fees for FSSAI license, municipal licenses, fire safety, shop & establishment license, etc. |
Technology (POS System) | 0.30 – 0.50 | 0.50 – 1.00+ | Hardware and software costs for the Point of Sale system, billing, and potentially integrated delivery platforms. |
Working Capital | 1.00 – 3.00 | 2.00 – 5.00+ | Funds required to cover initial operating expenses (rent deposit, initial salaries, utilities, unexpected costs) before the outlet becomes profitable. Crucial buffer. |
Miscellaneous | 0.10 – 0.50 | 0.20 – 1.00+ | Other unforeseen expenses, initial marketing materials. |
Estimated Total Investment | ₹8.10 Lakhs – ₹20 Lakhs | ₹15.00 Lakhs – ₹35.70 Lakhs+ | Sum of the above components. This range is approximate. |
Costs may slightly vary depending on location (Tier-1, Tier-2 cities), mall rental agreements, and operational requirements. Always verify updated costs with Wow! Momo franchise team directly.
Profit Margins and ROI Analysis
The evaluation of profits and ROI in Wow Momo franchise cost in india requires inspection of different revenue and costs. The projected figures require transparency because they depend strongly on individual outlet conditions. The typical franchisor practice excludes Wow Momo from providing public promises about profit expectancy or Investment period returns.
Factors Influencing Profitability:
- Location: Busy locations generally result in a higher sales volume.
- Sales Volume: denotes the total sales of the outlet.
- Operational Efficiency: Controlling the costs effectively (manpower, wastage, utilities).
- Cost of Goods Sold (COGS): Raw Materials (momos, fillings, sauces, packings). This is a material part for the F&B industry.
- Operating Expenses: Rent, utilities, salaries received by staff , maintenance, local publicity, advertising, etc.
- Franchisee Fees: Continuing royalties (percentage of net sales) and marketing fund contributions.
- Delivery Platform Commissions: A significant cost for outlets relying heavily on online delivery.
Estimated Profit Margins:
- Gross Profit Margin: This is Revenue – COGS. For a QSR the gross margins can be anywhere from 60% to 70% or more, all dependent on the cost of goods and the overhead at the store.
- Net Profit Margin: This is what is ultimately left over after removing the gross profit all the operating expenses, royalties, marketing fees, and entire overheads. The net margins of a restaurant chain in QSR Business in India is around 10% to 20% of the sale amount of the restaurant. Highly efficient and well-located outlets might get better margins, but poorly operation or high operated locations could be lower or even be losing money
Return on Investment (ROI):
Converting the following sentence. Use the same language as the original sentence. The financial payback period for Wow Momo can heavily depend on:
- Total First Time Investment: Lower initial investment is recovery of profit less.
- Greater Monthly / Yearly Net Profits result in faster payback.
- Revenue Growth: Steadily growing sales revenue is the driving force behind the growth in profitability.
With reference to the industry benchmark of successful QSR franchises in India with a similar investment profile and considering that insightful growth is also maintained where outcome is preceded by strong sales and efficient operations based on the same, it is possible that payback period could be between 2.5 to 4 years. But this is an overoptimistic prognosis. External factors, and even surprise costs, decreased sales and inefficient operations will certainly extend the payback period.
Space and Location Requirements
The physical place and location are major factors to success in QSR. Wow Momo has different requirement based on its variants.
Kiosk Model:
- Space: Usually accommodates a small space, approximately 80 sq. ft. to 150 sq. ft.
- Location: High traffic locations are required. Consider mall corridors, beside supermarkets, metro station then premises, hectic street position, squat floor of office buildings, food courts (or less considering something: counter boutique). Visibility and ease of access for take-away customers are important. Power and water supply must.
Kiosk+ Model:
- Space: Needs a slightly bigger space than a kiosk for a limited seating arrangement, around 150 sq. ft. to 300 sq. ft.
- Location: Same type of heavy-footfall locations like our existing kiosks, with spacious enough space to offer 8-15 covers. Food courts are best because they normally have the shared seating which can be used in terms of space since you can have the counter and the prep area, you can use your space more efficiently.Â
Dine-in Model:
- Space: Requires a lot more space to accommodate full kitchen, storage, and dining and restrooms space. Usual size is from 300 sq. ft. to 800 sq. ft. or even bigger depending on the number of seats you want to have.
- Location: Prime locations on high streets, main roads in commercial or residential hubs, or dedicated restaurant spaces in malls. High exposure from the street, simple access, and parking (or relative to parking) is vital.
Cloud Kitchen Model:
- Space: Needs enough kitchen space to prepare, cook and package and store. Seating or customer facing areas are not necessary. Space may go from 200 sq. ft. to 500 sq. ft. based on the volume and amount of brands operated from the one kitchen.
- Location: Can be in commercial or industrial areas as well as even the densest residential areas where rental prices are low. It is essential to be close to the target customer base in terms of delivery efficiency. Accessing delivery riders is above all.
Training and Support from Wow! Momo
The standard help given by Wow Momo is:
- Initial Training Programme: Wow Momo gives compulsory training to franchisees and their first staff team. This training typically covers:
- Product Ready-To-Consumed: Recipes, cooking method, Right Measures.
- Operational procedures: Daily operations, store management, inventory control, hygiene and sanitation standards.
- Customer Service: Processing orders, customer communication, customer complaints.
- POS System Training: Entering a bill and order management software.
- Brand standards: Looking after the look and feel of the outlet, staff uniforms, customer experience standard.
- Site Selection and Development Support: Wow Momo team will help Franchisors in location discovery subject to their parameters, market strength, operational feasibility among others. They help clients with outlet design, layout and procurement of vendors for construction and interior fit-out to maintain brand standard.
- Supply Chain Procurement: Wow Momo provides a secure supply of raw material for franchisees to the supply chain. They frequently also have chosen providers or central procurement platforms to standardize high quality and marginally possible to scale down on bulk quantity considering, which might help COGS management.
- Marketing and Branding Assistance: Franchisees are supported in exciting national marketing campaigns, brand development activities, digital visibility at Wow Momo. The franchisor usually leads and supports them with materials for local store marketing initiatives to encourage footfall and sales, in the specific region for that particular franchisee.Â
- Operational Manuals and Systems: They get complete operational manuals explaining everything about running the business, from Opening and closing procedure to staff management and problem solving. They also play on well-developed operational systems developed with efficiency and scalability in mind.
- Continuous Support and Performance Monitoring: Wow Momo’s Operations Team generally has to make periodic visit or audit in order to ensure that Franchisees are following all the operational Standard, Quality and Hygiene Protocols. They offer continuous coaching, performance analysis, and support to assist franchisees to operate efficiently and tackle challenges.
How to Apply for a Wow Momo Franchise
The step to apply for a Wow Momo franchise typically involves a methodical approach that is intended to assist both for the potential franchisee and Wow Momo to determine compatibility and feasibility. Although the specific process may differ, here is a general process:
- Initial Inquiry: Typically the first step is to show interest by either the official Wow Momo website or even to contact their franchise development team straight. Going about the process usually involves answering an online inquiry form with your basic contact info and inquiring about the interest.
- Application Form Submission: Once the initial inquiry is received, Wow Momo’s franchise team will likely give a detailed application form. This form will request more detail on how to evaluate an applicant’s background, financial capability, business experience, if any, choice of location(s) and preferred style of the franchise.
- Screening And Discussion: The Wow Momo team will shortlist the Application. If their initial criteria are met, they will most likely offer to discuss the opportunity further to question the applicant’s motivation, verify information, give an overview of the franchise opportunity and requirements.
- Financial Due Diligence: Wow Momo will evaluate the applicant’s capacity to pay the initial investment and sufficient working capital. This may require an ask of financial statements or proof of funds.
- Location Identification and Approval (If not proposed already): If Applicant has a prospect location in his or her mind, the Wow Momo team takes it up to ensure if it is fit/ suitable or not based on the set criteria (Congestion Footfall/ Demography/ Competition etc.). If no site is identified, they could help the franchisee locate a decent site. The final location will have to be cleared off by Wow Momo.
- Meeting with the Franchisor Team: Selected candidates are usually called for an interview with main personnel of Wow Momo franchise or leadership team. This is time for both parties to get introduced, have the chance to ask their questions and questions about the business and make certain that you are on the same page.
- Submission of Business Plan (Not Required, but Recommended): Though only certain smaller formats request a business plan to be attached and most don’t need leaving one for smaller concepts to aim for, however including a simple best plan presenting your thinking about the marketplace, proposed operational strategy and predicted financial projections for that specific location may support you with your application.
- Review and Signing the Franchise Agreement: If both parties agree to proceed, the legal team will draft the Franchise Agreement. This document is a material covenant outlining the franchise relationship requirements, as well as fees, terms, responsible staff and company obligations, operating requirements, etc. This document is strongly suggested that the applicant review with a franchise law attorney. After mutual agreement the agreement is signed and the first Initial Franchise Fee is paid.
- Training Commencement: Once the deed is signed, franchisees along with their whole team undergo the compulsory training program given by Wow Momo.
- Outlet Setup and Launch: Once training is initiated, the franchisee is now ready for conducting the setup of the outlet as per Wow Momo’s design & specifications, accompanying the franchisor’s tranche. This includes civil work, interior fitout, MEPE works, any necessary procurement of initial stocking, staff recruitment and necessary approvals / permits. Once ready and clearance by Wow Momo, the outlet gets functional & operational.
Conclusion
The investment in a Wow Momo franchise in India provides investors with an excellent chance to establish a relationship with both an innovative and rapidly growing QSR brand along with a high-growth market. Some of the basic startup hazards are reduced by Wow Momo’s powerful brand identity and established business system combined with its extensive brand products that include the “Wow” brands and extensive franchise support network.
Success is not guaranteed for this investment opportunity due to both attractive profit margins (10-20% net) and reasonable ROI periods (2.5-4 years) because the outcome depends on multiple factors. A franchise succeeds when the franchisee selects an ideal business location and effectively manages operations while controlling business costs and delivering excellent customer service while making full use of franchisee support programs.
An investment in Wow Momo requires potential buyers to perform detailed due diligence while clearly understanding their franchise agreement and making sound financial plans with enough working capital and strict adherence to brand standards. Those who want to enter the dynamic quick-service restaurant sector through a market-leading brand can look forward to owning a Wow Momo franchise that will build their business ownership.
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FAQs
What is the minimum estimated investment for a Wow Momo in India?
Based on estimated ranges for, the minimum investment for a smaller format like a Kiosk is approximately ₹8 Lakhs, but this can vary.
What are the ongoing fees for a Wow Momo franchisee?
Franchisees typically pay ongoing royalties (a percentage of sales) and a contribution to a central marketing/advertising fund.
Does Wow Momo provide training to new franchisees?
Yes, Wow Momo provides comprehensive initial training covering operations, product preparation, customer service, and system usage to the franchisee and their core team.
How long does it typically take to get a Wow Momo outlet operational after applying?
The timeline can vary depending on factors like location finalization, approvals, and outlet construction, but it typically takes several weeks to a few months.Â