Showing posts with label Franchise-Businesses-250-Sq-Ft-Area-Requirements. Show all posts
Showing posts with label Franchise-Businesses-250-Sq-Ft-Area-Requirements. Show all posts

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
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