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About Mio Amore Franchise
A Much in Demand Brand Mio Amore offers Eastern India’s widest range of bakery and confectionary delights, which is very high in demand customers with freshly made, mouthwatering treats. Every Mio Amore Store promises a uniquely delightful experience for better customer exp . Well Designed menu, which has cakes, cookies,, sweets, and chocolates, is highly praised by regualr and loyal patrons. Over the past 27 years, company mastered the art of baking exquisite delicacies, and has won accolades like the ‘Most Admired Retailer of The Year’ for Food Service .Established in 1994 in Kolkata, India, Mio Amore has gained popularity in West Bengal, Jharkhand, Odisha, Bihar, and Assam. It swiftly expanded to cities like Bhubaneswar, Ranchi, Patna, Guwahati, and Siliguri, boasting 300+ stores in 100 Indian cities.
Arnab Basu, the founder and owner of the popular confectionery brands Mio Amore and Winkies He passed away at the age of 65 after a very tight battle with cancer. Prior to starting his own businesses of Mio Amore and Winkie, Basu had held the franchise for the Monginis brand from where he learnt the art of entreprenurship
Benefits of Mio Amore Franchise
Here is the expanded list:
- Established Brand Reputation: Mio Amore has over 25 years of experience in the Eastern Indian market, establishing a strong brand name and customer loyalty .Its now Lagacy which will be passed from one generation to another .Its now a Legacy Brand
- Diverse Product Offerings: The franchise offers a wide range of bakery and confectionery items, including cakes, cookies, cupcakes etc
- Affordable Pricing: Mio Amore is known for its reasonable and affordable pricing, making it accessible to a broad customer base Middle Class to elite
- Comprehensive Training and Support: The franchise offers partners training, guidance, and continuous support in menu planning, food presentation, and operations..
- Favorable Revenue Sharing: Mio Amore offers a commission structure of around 20% on the MRP of products, ensuring franchisees a decent profit margin
- High Sales Potential: The brand’s popularity and diverse product range may contribute to high sales turnover, leading to attractive returns on investment.
- Streamlined Setup and Licensing: Mio Amore manages licensing and setup, easing the franchisee’s workload.
- Ongoing Product Innovation: The franchise consistently launches new products and seasonal specials, ensuring a dynamic and enticing menu for customers.
Why Mio Amore Franchise Benefit
Why MIO-AMORE?
- Leading Bakery Chain: Mio-Amore is the No. 1 bakery shop chain in Kolkata, Siliguri, and Bhubaneswar.
- Complete Guidance: The organization provides comprehensive guidance and support to franchisees.
- Favorable Policies: Offers free delivery, 100% return of unsold materials, and free packaging materials (except carry bags).
Mio Amore Franchise Cost, Investment, and Profit Potential in India
Requirements
- Prime Location: The shop should be located in a prime area.
- Minimum Space: The shop should have a minimum carpet area of 250 sq ft and a frontage of at least 12 ft.
Investment Details
- Total Investment: Approximately ₹22 lakhs
- Display Counters Deposit: ₹12 lakhs
- Advance Payment: ₹3 lakhs
- Decoration Cost: Approximately ₹7 lakhs
Profit Margin
- Discount on Goods Sold: Approximately 14%
Products Offered by Mio Amore
| Product Category | Description |
|---|---|
| Cakes | cakes for all occasions, birthdays, anniversaries, weddings, and Valentine’s Day etc |
| Pastries | Eclairs, macarons, croissants, danishes, |
| Savories | Sandwiches, quiches, puffs, and rolls. |
| Chocolates | Bars, truffles, and pralines. |
| Beverages | Coffee and Tea available at select stores. |
What is the cost of starting a Mio Amore franchise in India?
Cost of Starting a Mio Amore Franchise in India: Estimated at INR 22 Lakhs with an expected Return on Investment (ROI) timeframe of 12 to 18 months.
Main USPs of Mio Amore:
Affordability: Offers reasonable pricing compared to competitors, attracting a diverse clientele. Makes cheesy treats and delightful desserts accessible to all.
Expertise in Bakery Industry: Around 25 years of experience in baking delicacies. Offers flavorful vegetarian and non-vegetarian meal options.
Ambience and Service: Provides professional and swift service. Offers a calming, colorful, and inviting atmosphere.
Wide Variety of Delicious Items: Presents a wide array of bakery and confectionery items in Eastern India.Menu is regularly updated to keep offerings fresh.
Customer Satisfaction:Prioritizes customer satisfaction by consistently delivering high-quality, fresh meals.Reflects the brand’s ethos of “My Dearest” in striving to please customers.
Mio Amore Franchise Cost
Let us now discuss Mio Amore Franchise Cost or Mio Amore Franchise Price is between Rs.2 Lakhs – Rs.3 Lakhs
Mio Amore Franchise Eligibility Criteria: Requirements to Become a Franchisee
To become a franchisee:
- You must be at least 21 years old.
- The minimum educational requirement is passing the 10th grade.
- Familiarity with basic business skills, financial management, and customer service is essential.
- The location should have high foot traffic, with a daily visitor > 400 per day
| Mio Amore Franchise Business Opportunity – Snapshot | |
|---|---|
| Line of Business | Bakery & Confectionary |
| Unit / Shop Area | 250 – 400 Sq. ft. |
| Commission% / Revenue Sharing | Approx. 96% |
| Infrastructure Investment | Rs.12 Lakhs – Rs.20 Lakhs |
| ROI Timeframe | 12 to 18 Months |
| Mio Amore Franchise Review & Ratings | |
|---|---|
| Revenue Sharing Parameter | 3.94 / 5 |
| Franchise Fee & Infra Investment Parameter | 3.76 / 5 |
| Support & Training Given by Team | 3.75 / 5 |
| ROI Timeframe Parameter | 3.84 / 5 |
| Brand Value /Marketing /Customer Recall | 3.69 / 5 |
| Overall Ratings | 3.80 / 5 |
| Overview of Mio Amore Bakery & Confectionary Franchise | |
|---|---|
| Industry | Food & Beverage |
| Domain Segement | Bakery & Confectionary |
| Organization Type PVT LLP or PP | Private |
| Head Office of Mio Amore | Kolkata |
| Founder Name | Arnab Basu, Anirban Ghosh |
| Year of Starting Up | 10th May 2015 |
| No. of Franchise Outlets All over India | 310 as of March 2024 |
| Master Franchise Model Status | Currently Not Available |
| Franchise Tenure | 3 Years This is less as comapred to other players |
| Franchise Location | East India Mostly Bengal and Noth East . |
| Business Set-Up Time | 1 – 2 months |
| Franchise Commencement Year | 2015 |
Mio Amore Franchise Investment & Fees
| Mio Amore Franchise Investment & Fees | |
|---|---|
| Franchise Fee | Starting is 2 Lacs Max 3 lacs |
| Infrastructure Investment | Rs.12 Lakhs – Rs.20 Lakhs Interior Furniture and other Cost |
Mio Amore Franchise Commission
| Mio Amore Franchise Commission / Revenue Sharing / Royalty | |
|---|---|
| Franchisee | Approx. 96% |
| Franchisor | Approx. 4% |
Mio Amore Franchise ROI
| Mio Amore Franchise ROI Details | |
|---|---|
| ROI Timeframe | 12 to 18 Months |
Mio Amore Franchise Business Opportunity
- Line of Business: Bakery & Confectionary
- Unit / Shop Area: 250 – 400 Sq. ft.
- Commission% / Revenue Sharing: Approx. 96%
- Infrastructure Investment: Rs.12 Lakhs – Rs.20 Lakhs
- ROI Timeframe: 12 to 18 Months
Investment required:
- Initial fees Mio Amore Franchise
- Franchise fee: 2 lakhs (approx.)
- Security deposit for display counter: ₹5 lakhs (approx.)
- Interior decoration deposit: ₹5 lakhs (approx.)
- Advance deposit: ₹2 lakhs (approx.)
- Operational costs Mio Amore Franchise
- Setting up the outlet
- Initial inventory: ₹5 lakhs (approx.)
- Monthly operational costs (rent, salaries, utilities): ₹1 lakh (approx.)-
Profit Margin for Mio Amore Franchise:
- Estimated profit margin: 20% of revenue
Exploring the Monthly Profits, Sales & Profit Margins of a Mio Amore Franchise
Let’s delve into the financial aspects of operating a Mio Amore Franchise, examining monthly earnings through a simple illustration.
Monthly Sales & Profits (in INR):
- Total Sales: ₹6,00,000
Direct Expenses:
- Purchases: ₹3,00,000
- Transport (incoming): ₹30,000
- Gross Profit: ₹2,20,000
- Profit Margin: 40%
Indirect Expenses:
- Salaries: ₹20,000
- Rent: ₹40,000
- Electricity: ₹10,000
- Royalty/Franchise fee @ 4%: ₹22,000
- Advertisement & Marketing: ₹25,000
- Consumables & Maintenance (cutlery, napkins, menu prints, etc.): ₹8,500
- Others (delivery, packaging, telephone, travel): ₹8,000
- Net Profit: ₹86,500
- Net profit margin: 16%
Mio Amore Franchise: Profitability, Revenue, and Profit Margins
- Total investment for a Mio Amore franchise will be roughly in the range of ₹55 lakhs to ₹70 lakhs, depending on several factor
- Profit margin for a Mio Amore franchise is around 20% of revenue.
- The franchise is given in standardized format to ensure brand consistency
- The profitability analysis includes break-even analysis to determine the point at which the franchise starts making a profit.
- The franchise agreement is around for spans three years and is renewable based on the franchise owner’s preference and performance of the Franchise
Challenges of a Mio Amore Franchise
- Competition Analysis: Assess demand and competition in urban areas for market share.
- Financial Consideration: Initial investment of ₹55-70 lakhs poses a significant hurdle; evaluate financial readiness.
- Operational Expenses: Manage rent, salaries, utilities, and inventory for sustainable profitability.
- Franchise Agreement Review: Scrutinize fees, restrictions, and performance expectations in the franchise contract.
Requirements for Starting Mio Amore Franchise in India
- The outlet for Mio Amore should be > 250 sq. ft. and be located on the ground floor in a central city location commercial Area
- A minimum of 3 to 4 qualified Trained Staff for Day to Day Operation
- Frontage: At least 12 feet in length
- Location: Prominent and accessible city center
- Parking: Sufficient parking space available
- Packaging Area: Dedicated space for packaging operations, enabling online delivery profits
- Franchise owners prefered to have past Exp in Handling F&B Outlet
- The franchise agreement is generally for 3 Years
Documents Required by Mio Amore Franchise:
Here is the rephrased information in a tabular format with unique wording:
| Franchise Agreement Requirements |
|---|
| Proprietor Identity Verification : Proprietor Aadhaar Card Copy |
| Proprietor Identification : Proprietor Photograph |
| Proprietor/Business PAN Card : Business TAN Certificate |
| Business Registration : GST Registration Certificate |
| Proprietor/Business Address Proof : Proprietor/Business Address Proof |
| Unit/Shop Address Verification : – Unit/Shop Address Proof |
| Unit/Shop Occupancy Clearance : NOC of Unit/Shop |
Training provided by for Mio Amore Franchise
Mio-Amore Franchise Training:
- Regular Menu Training: Provided
- Seasonal Menu Training: Not Provided
- New Menu Training: Provided
- Training Helpdesk: Provided
Common FAQs Mio-Amore Franchise
Here are 8 key FAQs about the Mio Amore franchise:
- What is the space requirement for a Mio Amore franchise?
- What is the Mio Amore franchise profit margin?
- How can I get in touch with the Mio Amore franchise team?
- What are the key advantages of a Mio Amore franchise?
- What is the total investment required for a Mio Amore franchise?
- What is the franchise agreement tenure?
- Does Mio Amore provide any marketing support to franchisees?
- What kind of training does Mio Amore provide to its franchisees?
How to get the Mio Amore Franchise
Here are the steps to apply for a Mio Amore franchise in brief:
- Visit the Mio Amore website (https://mioamoreshop.in) to explore their products and franchise opportunities.
- Navigate to the “Franchise” section and read the franchise requirements and details for latest 2024
- Fill out the online franchise application form with your personal details, business experience, and chosen location.
- Submit the completed form after double-checking for accuracy.
- Wait patiently for a response from the Mio Amore team, which may take a few days or weeks to hear from MIO Amore
Contact
- WhatsApp chat support9836034567 (10AM-7PM)
- Customer Care Number 18002124030 (10AM-7PM)
+91-3340838688 (10AM-9PM) - Email mioamorecares@switzindia.net
