Terms of Franchise from MMC
- A continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing, training merchandising , marketing and managing in return for a monetary consideration essentially, a franchisee pays an initial fee and ongoing royalties to a franchisor in return, the franchisee gains the use of trademark, ongoing support from the franchisor, and the right to use the franchisor’s system of doing business and sell its products or services.
- Exclusive territory rights according to agreement defined on the basis of geography(radius) destination and format with minimum number commitment based on the potential of the territory
- Initial seƫng up of the outlet will be coordinated & assisted by the professional team of Franchisor
- Franchisor shall provide initial training to the respective staff & ongoing training support
- Business will be run under the Name of “MOMO MAGIC CAFÉ”
- Hybrid model wherein the key staff would be on rolls of the Franchisor but stationed at the Franchise outlet for initial 30 days (at franchisee’s cost)
FRANCHISE FACTS
- Agreement Term: 5 Years with renewal option
- Business will be run under the Name of “MOMO MAGIC CAFÉ”
- Food Supply: From Central Kitchen/Approved Vendor/Brands only
