Starting Monginis Franchise: Cost, training, support, procedure and contact details

Monginis cake and chocolates is a brand name with which every franchisee wants to get associated with. It is one best options of franchise for those who have a budget of Rupees 10 lakhs. Monginis has more than 500 franchise units in India at present and the franchise is still looking for expansion. Its headquarters is spread within a 42,000 square feet area and is ISO 2000: 2005 certified. Get to know more about this franchise keep reading.

Monginis cake and chocolates-LOGO

Get to know about Moniginis franchise in India

Monginis is a very good business for those who want to start a business in an investment of 10 lakhs and the return on investment is quite good. Monginis franchise evolved as one of the most appreciated cake house among the Europeans in Mumbai. The first Monginis unit was started in 1960 by the Khorakiwala family. The firm initiated the expansion and started to enter the franchise business in the year 1971. After that this franchise started out their business in other states as well and became one of the most loved confectionery stores in India. Monginis is not yet an exhausted franchise but they select their franchisees very carefully. You might qualify as a franchisee if you are able to convince them to utilise your skills and lead the franchise to further heights.

Application Process

Getting a Monginis franchise is not that simple. The management is very particular about selecting hard working candidates. For starting a Monginis franchise you can either contact the contact person related to the franchise units in your concerned area via mailing, calling them and email or you can simply apply online. You can fill the online application form for Monginis Foods Pvt Ltd at http://www.monginis.net/cakeshop-retail-franchisee.php and fill in all the required details and wait for them to contact you.

Cost and Investment

Investment required for starting a Monginis bakery is around 10 lakhs. There is a security charge that you have to pay which is one lakh rupees. This amount is refundable. Franchise fees is Rs. 25,000 and the architect’s fees is also Rs 25,000 which sums up to 50,000 that is to be paid at one time. The royalty fees for Monginis franchise is around 6 to 8 lakhs. There is a minimum area requirement for starting the brand which is 250 square feet. The expected breakeven period is about 2 years which might vary little bit from location to location. The agreement is signed for a duration of 3 years which is renewable.

Training and Support

Field assistance is provided to the franchisee to select area and develop the business in order to get maximum profits. All the assistance will be provided to you for starting the business from the interiors to the marketing process. Training will also be provided to the employees and the franchisee can turn up to the management for any kind of guidance.

Contact Details

Monginis Foods Pvt Ltd
B/60, Off. Link Road, Andheri (W),
Mumbai, Maharashtra, India.
Email: netorders@monginis.net
Customer Care: 022 - 40 786 702
Online Order Enquiry: 022-40786759/40786789
Fax: 022-40786795.
Website: www.monginis.net


16 comments:

  1. What is the margin per product and what about the royalty fees I.e...6 to 8 lakhs,is it the costs u r taking for providing products or I have to invest more to order the products

    ReplyDelete
    Replies
    1. Yes It's the cost of providing products, 25000 is a monginis franchise fee (One Time).

      Delete
  2. hi
    i am suhas pawar
    pl. exp. how to get profit ( approx ) 1 month
    please give me costing.

    ReplyDelete
  3. what is the profit margin , will the products be provided by Monginis and what about unsold products

    ReplyDelete
  4. Hi , This Is Amir Tembe I Am From Raigad I Want To Take Franchises. Nobody Pickup My Phone
    Please Contact Me On This Number 8446883692.

    ReplyDelete
  5. Hi , This Is Naresh From Ulhasnagar & kalyan .I Want To Take Franchises. Nobody Pickup My Phone
    Please Contact Me On This Number 7709555681.

    ReplyDelete
  6. Hii, This is moiz shaikh from Jalna Maharashtra. I want to take franchises. Pls contact me 9272579143

    ReplyDelete
  7. Hi! I am Mrs. Manisha Zadbuke from ulwe node, navi Mumbai. Area is near the new airport. I want to take franchise. Please contact me. My mobile no. is 9833480289. Thanks

    ReplyDelete
  8. HI, i am ankush yadav from somatane phata near prati shirdi mandir Maval pune i want to take franchise please contact me my cell no is 9545100012

    ReplyDelete
  9. Hi, i am tiksha . I want to take franchise n i have an area in jodhpur, rajasthan.

    ReplyDelete
  10. Hi,Iam sagar shelar, I interested to take franchise in Vangani in thane district,plese contact me on my no.09921578870,send details on my email id -shelarsagar98@gmail.com


    Regards,
    sagar shelar
    09921578870

    ReplyDelete
  11. hi,iam subhash merugu,iam interested to take a franchies in bhiwandi city dist - thane ,please contact me on my no - 9890607688,and also please forwand me quotation or margin of franchise on my email id - merugusubhash@gmail.com.waiting for our valuable replay ,

    thank you "
    regards
    subhash merugu

    ReplyDelete
  12. The selection criteria for a Monginis Cake Shop for Mumbai and suburbs are based on complying with the following necessary / critical parameters, amongst others:

    1. Location - Main Road / Main Thoroughfare - Ground Floor - preferably with parking.The shop should be on ownership basis.

    2. Frontage - Minimum 9 ft. in length.

    3. Shop Area - Minimum 300 sq. ft.

    4. Distance from nearest Monginis Cake Shop - 1.5 kms / or separate hinterland

    5. Approximate investment - Around Rs.14-15 lakhs dependent on Shop condition. (Security Deposit is periodically revised. Currently it is Rs.2 lakhs.) Shop kit fees of Rs. 50,000, Interior decorator fees around Rs.30000. 1 lakh Franchisee Fees.

    6. Unsold goods are taken back with a penalty of 15%.

    7. Packaging and POP supplied at subsidized rate.

    8. Dealer's Margin 20%.

    9. The Shop interiors are to be done at your cost to our plan.

    10. Daily sales need to be in the range of Rs.10, 000/- for the Shop to be viable.

    Operating a Monginis Cake Shop is a full time occupation. If your proposed shop premise is within the above parameters, please call us so that,We would visit the proposed location and may request you to visit us at our Bakery for further discussions.

    ReplyDelete
  13. I am Monginis Retail Franchise specialist, you can send me a query on my twiter account. @Chandan_k7. I can answer better over there. Follow me for any kind of Frenchise related query.

    ReplyDelete
  14. I have space at a good busy site in rourkela (Odisha). I am ready to invest and very much interested in starting Monginis in rourkela . Please help me on how to proceed further. Waris company syedd

    ReplyDelete
  15. Respected Sir,
    My Name is Utkarsh Singh I am from mumbai Wadala East I have place of 300 sqfet i am ready to invest in Monginis brand Plz contact me on my number 8286757828 thanks

    ReplyDelete

Thank you for your comment.