Are you thinking of starting your business in the Indian fast-food industry? Are you looking for a well-known and trusted brand to kick-start your own business? Look no further. Mumbaiya, a famous brand of Maharastra, Gujarat is well known for Misal and Vada Pav, providing franchise opportunities in three franchise models for aspiring entrepreneurs. Mumbaiya Misal and Vadapav Franchise Cost and Profit in 2024. In this, we will discuss how much investment is needed, what is the profit margin, the requirements to start a franchise, and how to get a franchise in Mumbaiya. and Mumbaiya franchise pros and cons.
Table of Contents
About Mumbaiya Misal and Vadapav
Mumbaiya Misal and Vadapav, earlier known as Shree Shree Riddhi Siddhi Vadapav, are headquartered in Prahaladnagar, Ahmedabad, Gujarat. Established by Nisarg Thakkar in 2015 with the vision of serving misal and vada pav with authentic taste and hygiene, the Mumbaiya Misal and Vada Pav menu offers Vadapav, Ulta Pav, Misal Pav, French Fires, and Cold Drinks variety of items in these categories.
Currently, Mumbaiya has 60+ outlets in India, and it aims to establish 200+ outlets in India within 2 years. You can be the next business partner for Mumbaiya Misal and Vadapav. Follow the details we are providing about the brand, cost, profit, and how to get a business opportunity.
Key Details of Mumbaiya Misal and Vadapav Franchise
- Brand Name: Mumbaiya Misal and Vadapav
- Industry: Fast Food
- Number of Outlets: 60+
- Franchise cost: 10 to 40 lakhs
- Profit Margin: 10 to 25%
- Space required: 150 to 1000 sq ft
- Franchise Agreement: 5 years
- Official Website: https://mmvmumbaiya.com/
Mumbaiya Misal and Vadapav Franchise Cost, and Required Area.
Mumbaiya Misal and Vadapav are offering franchise opportunities in three different models. These are the Express module, Quick Service restaurant module, and Fine Dine module. Here are the different types of investments you need to acquire the Mumbaiya franchise.
Franchise fees: To acquire the rights to open your business outlet with a brand name and operate the business under brand support, you need to pay franchisee fees to Mumbaiya.
Refundable Deposit: The franchisee needs to pay a certain amount to the brand as a security deposit.
Architecture Fees: Mumbaiya is charging a certain amount in advance for providing support in designing, planning, and providing a blueprint for the franchise outlet.
Staff training fees: Mumbaiya provides training to the hired staff for hustle-free business, so the brand is charging fees for it.
Royalty fees: For marketing, branding, local advertising, and ongoing support, the brand is charging a share of the gross revenue of the franchise outlet.
Required Area: The brand prefers a certain area for each franchise model. The franchisee needs to choose an area in a high-traffic location that can be rented or owned.
Total investment: The franchisee needs to allocate a total investment, which includes franchise fees, deposits, architecture fees, working capital, initial inventory, and others.
Mumbaiya Express Franchise Model Investment
| Franchise Fee | 2 lakh +GST |
| Refundable Deposit | 50,000 |
| Architecture Fees | 20,000 |
| Staff Training Fees | 20,000 |
| Set up cost | 4,000 sq ft |
| Royalty Fees | 5% on Gross sales +GST |
| Required Area | 150 to 250 sq ft |
| Franchise Agreement | 5 years renewable |
| Total Investment | 10 to 12 lakhs |
Mumbaiya Quick Service Restaurant Franchise Model Investment
| Franchise Fee | 3.5 lakh +GST |
| Refundable Deposit | 1 lakh |
| Architecture Fees | 50,000 |
| Staff Training Fees | 50,000 |
| Set up Cost | 4,000 |
| Royalty Fees | 5% on Gross sales +GST |
| Required Area | 400 to 500 sq ft |
| Franchise Agreement | 5 years renewable |
| Total Investment | 18 to 22 lakhs |
Mumbaiya Fine Dine Franchise Model Investment
| Franchise Fee | 5 lakh +GST |
| Refundable Deposit | 1 lakh |
| Architecture Fees | 50,000 |
| Staff Training Fees | 50,000 |
| Set up Cost | 4,000 |
| Royalty Fees | 5% on Gross sales +GST |
| Required Area | 1000 sq ft |
| Franchise Agreement | 5 years renewable |
| Total Investment | 35 to 40 lakhs |
Mumbaiya Misal and Vadapav Franchise Profit
Profit Margin: Mumbaiya Misal and Vadapav assure franchisees that they can expect a profit margin of 10 to 25% on each sale.
Return on Investment Period: Within 1 to 2 years, the franchisee can recover the initial investment with a 25% profit margin on each sale.
| Profit Margin | 10 to 25% |
| Return on Investment Period | 1 to 2 year |
Requirements to Open a Franchise
Investment: To be a franchisee of Mumbaiya Misal and Vadapav, you need to be financially strong and ready to invest between 10 and 40 lakhs.
Business Experience: Prior experience in the retail or food industry is very beneficial and good for making early profits. However, prior experience is not necessary, you need to have basic skills to run a business.
Location: High footfall areas are ideal, such as bus stands, railway stations, college/school zones, market areas, malls, or crowded residential neighborhoods.
Required Staff: The franchisee needs 4 to 12 employees based on the franchise model you choose, and hired employees need to undergo training given by the brand.
How to apply for the Mumbaiya Misal and Vadapav Franchise?
Visit the official website: Visit the official website of Mumbaiya Misal and Vadapav and gather information regarding the brand.
Locate the franchise section: Look for the franchise section on the official website; it is usually present on the menu bar of the official website. Click on it.
Fill out the franchise application form: Fill out the application form with your personnel details and location details.
Submit the form: Recheck the given details for accuracy and submit it.
Wait for the response: The Mumbaiya Misal and Vadapav franchise teams will review your franchise application. If you are eligible, they will contact you in a few days.
Is a Mumbaiya Misal and Vadapav Franchise Right for You? Weighing the Pros and Cons
Pros
Established Brand: Mumbaiya Misal & Vadapav has brand recognition and is currently operating 60+ outlets in India. Both Misal Pav and Vadapav are the most famous street fasts in South India.
Hyginity: These street foods are served in India on the street without maintaining hygiene. By maintaining authentic taste and hygiene, you easily acquire mass foot traffic to the franchise outlet.
Standardized Recipes: Mumbaiya Misal and Vadav supply all raw materials to the franchise outlets, and all franchise employees are trained by the brand so franchise outlets can easily maintain the same taste and recipe across all outlets.
Complete Support: The brand provides complete support to the franchisee, from making blueprints to finding solutions for upcoming business problems.
Profit Margin: The franchisee can expect a profit margin of between 10% and 25% on each sale.
Quick ROI: Within 1 to 2 years, you can recover the initial investment.
Cons
High investment: To open a Mumbaiya franchise requires a high initial investment of between 10 and 40 lakhs. This is a big investment compared to other brands.
Royalty fees: The franchisee needs to pay a 5% royalty fee to the brand of the gross revenue.
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Conclusion
In conclusion, Mumbaiya Misal and Vadapav Franchise Cost and Profit in 2024: Mumbaiya Misal and Vadapav is the most-awaited franchise opportunity for people who have a decent investment. With a 25% profit margin and 1 to 2 years, you can recover the initial investment. The brand is also providing complete support and training to the franchise.
FAQ
How much does the Mumbaiya Misal and Vadapav franchise cost?
To open the Mumbaiya Misal and Vadapav franchise costs between 10 to 40 lakhs based on franchise model you choose.
Express franchise Model: 10 to 12 lakhs
Quick service restaurant franchise model: 18 to 22 lakhs
Fine Dine franchise Model: 35 to 40 lakhs.
What is the profit margin we can expect from Mumbaiya?
Franchisees of Mumbaiya Misal and Vadapav can expect 10 to 25% on each sale.
What is the Royalty fee of Mumbaiya Misal and Vadapav?
Mumbaiya Misal and Vadapav are charging a 5% royalty fee on gross sales.
