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How To Start Monginis Franchise 2024
Monginis is one of the oldest Bakery & Confectionary Brand in India, has been a there for around 60 Years in the cake and bakes industry with reputation . Embracing the cake and bakery culture which was built in the British ERA Monginis has emerged as undisputed leader in the sector, boasting of annual turnover of over 900 Crores
The brand’s prosperity has on extensive network of 850 exclusive cake shop outlets and over 1100 distributors, spanning pan India 23 states in India. While Monginis’ presence extends beyond Indian borders with its international presence in multiple countries,
Investment Details for Monginis Franchise
Starting a Monginis franchise is not overly expensive.
Investment:
- Initial investment required to set up a Monginis outlet is approximately Rs. 12 – 15 lakhs.
- Break-even period typically spans around two and a half years.
Brand Fee:
- Brand fee amounts to Rs. 4.5 lakhs.
Expected Monthly Sales
- Franchisees can anticipate a monthly sale of about Rs. 4.5 Lakhs.
Return on Investment (ROI):
- ROI can be achieved within 2 years.
Royalty / Commission:
- Monginis does not charge any royalty. However, franchisees are required to purchase bakery products from the company. Security Deposit: Franchisees must submit a security deposit of ₹1 lakh, which is refundable if performance expectations are met.
Monginis Franchise Review
Franchise Support
- Bakery Setup and Design: establishing and designing the bakery outlet
- Staff Hiring: Guidance and support offered in the recruitment process
- Training and Supply of Uniforms:Comprehensive training programs Provision of uniforms t
- Supply of Bakery Products:Seamless supply chain management
- Marketing and Promotional Support:Strategic marketing strategies and promotional campaigns brand visibility and attract customers.
- Delivery Tie-Ups with Swiggy, Zomato, and Food Panda: delivery platforms expanding reach and accessibility for customers.
Outlet Area:
- The ideal size for establishing a Monginis outlet is approximately 200 – 250 sq.ft.
Financial Model
- The financial model of the franchise indicates an estimated gross margin of 42%.
Contact Details
For direct communication with Monginis Foods Private Limited, utilize the following contact information:
Monginis Foods Private Limited.
B/06, Off. Link Road, Andheri (W), Mumbai, Maharashtra, India.
Email: netorders@monginis.net
Franchise Contact Number: 022 – 40786702
Official Website: www.monginis.net
For any further inquiries, kindly reach out to the company’s administrators to address all concerns before commencing your franchise journey.
