Mio Amore Franchise: How Do I Get Started?

Mio Amore Franchise: How Do I Get Started?

Cake is becoming more and more popular in the Indian market each year due to the increase in its popularity. This is particularly true given that the current generation of people seems to consider cake a part of every occasion.

So, if you see this as an opportunity, take it as a chance to start your own cake shop business by taking over a franchise of any cake shop brand available on the market today.

There are several important aspects to consider when buying a franchise, and we are going to discuss them in this article.

Getting To Know Mio Amore As a Bakery and Confectionery wares store established in 1992 by Mr. Anab Basu, Mio Amore has gained a great reputation in the states of West Bengal and Odisha. The company originated in Kolkata, which is located in the Indian state of West Bengal.

At present, there are more than 300 Mio Amore outlets operating in India, the majority of which are franchises.

In West Bengal and Odisha, there is a band named Mio Amore that is famous and in demand for cakes, cookies, savories, sweets, and chocolates that are vegetarian and non-vegetarian.

Requirements For Licensing and Registration The following licenses and certificates are needed for the opening of a Mio Amore franchise: · Creating a business - from a sole proprietorship to a limited liability partnership to a private limited company ·

License from the Food Safety and Standards Authority of India

· Obtaining a business license from the local municipality is the first step ·

Registration of establishments and shops

·

Registration with the GST

· A letter of approval from the local fire department can be found here

·

Municipality's sign license for signage

· In the event that business insurance is required, it is important to get it The SIDBI bank is one of the banks you can approach for business loans.

There is a space requirement for starting a franchise business A Mio Amore franchise requires a minimum of 250 square feet of space in order for you to start a business. If you want to establish a business on a street that has a high footfall, choose a location near a renowned market or shopping street.

Franchise Costs A franchise with Mio Amor requires an investment of Rs 9 lakh in order to get started. As a result of the size and location of your store, your investment amount may vary slightly based on the size and location of your store.

The following is a breakdown of the amount that was mentioned above: ·

In order to become a franchisee, you will need to pay 2 lakhs

·

- Interior works for the shop - between two lakhs and three lakhs

· There is a cost of three lakhs for the cooling counter and other equipment ·

There are a total of 45,000 rupees in miscellaneous expenses

· There will be a security deposit of 40,000 rupees (this will differ based on the location you choose) for every shop.

There are several expenses that have to be covered on a monthly basis, including employee salary, royalty fee of 15%, raw material acquisition, shop rent, utility bills, and packaging materials.

The Profit Margin of Mio Amore Franchises Once you have deducted the royalty fee from the sales, you can expect to make a profit margin of up to 30% on the sales.

Mio Amore Franchise: How To Get It If you would like to inquire about a franchise opportunity with Mio Amore, you can contact the franchise team by submitting a Registration Form of Mio Amore Franchise.

Franchise inquiries can also be submitted using the contact form on their official website if you would like to get in touch with them.

The Mio Amore team will connect you to your local Mio Amore business development manager as soon as you contact them through our contact form. It is the responsibility of the business development manager to assist you in setting up your cake shop.