Are you looking for the best bakery business in the food industry with a reasonable investment? Look no further. Mio Amore is a trending business in the bakery and cafe model, currently providing franchise opportunities for aspiring entrepreneurs. Is the Mio Amore franchise the right choice? Cost and Profit in 2024: In this, we will discuss how much investment is required, how much profit you can make, what are the requirements to open a franchise, Mio Amore is the right choice for you or not. and how to get the Mio Amore franchise.

About Mio Amore

Mio Amore is a Bakery business established in Kolkata, West Bengal by Mr. Anab Basu in 1992. The Brand name Mio Amore means “My dearest” in Italian. It reflects commitment towards delighting customers with mouthwatering items made fresh. It offers the widest range is bakery and confectionery wares in Eastern India.

Mio Amore’s menu includes Cakes: Celebration cakes that add sweetness to special moments. Handmade Cookies: Irresistible treats for cookie lovers. Vegetarian and Non-Vegetarian Savories: A variety of savory delights. Sweets: Traditional Indian sweets crafted with care. Chocolates: Tempting bites of cocoa goodness. It was honored as “Most Admired Retailer of The Year” for food service.

Currently, Mio Amore has 70+ franchise outlets across India. It is the largest retail bakery in East India, with over 300 stores in West Bengal and Odisha

Mio Amore Franchise: What’s the Investment?

• Counter Security Deposit: The franchisee needs to pay 12 lakhs as a counter security deposit to the Mio Amore brand before you start work on setting up the outlet.
• Decoration Cost: The Mio Amore franchise requires approximately 7 lakhs for decoration costs. This investment ensures an appealing and inviting ambiance for customers.
• Interior Decoration Advance Deposit: An advance deposit of 3 lakhs for interior decoration to ensure a well-designed outlet.
• Working Capital: The Mio Amore franchisee should have 5 to 10 lakhs as working capital until your outlet starts to make a profit. This investment is to cover all day-to-day operational expenses like rent, utilities, staffing, inventory management, and others.
• Royalty Fee: Mio Amore is not charging any royalty fees for branding, marketing, training, and ongoing support to the franchise owners.
• Franchise agreement: The franchisee needs to sign a 5-year agreement with Mio Amore. This agreement contains terms and conditions between you and the brand.
• Total Investment: The total investment to start the franchise of Mio Amore requires 30 to 40 lakhs. It includes registration fees, deposits, working capital, and others.

Eligibility Criteria to Get Mio Amore Franchise

• A franchisee must be 21 years old or older.
• The minimum qualification is passing 10th grade.
• Needs to be familiar with basic business skills, financial management, customer handling skills, and more.
• location should have high foot traffic daily 500 to 600 people should visit the store

Requirements to Open Franchise

• Investment: To be a franchisee of Mio Amore, you need to be financially stable and ready to invest 30 to 40 lakhs as an initial investment.
• Business Experience: If you have any prior experience in the food or retail industry, it would be beneficial for you to operate your business. Business experience is not mandatory to get a franchise at Mio Amore.
• Required Space: To set up a franchise outlet, it needs to have a 250-square-foot area, this might be leased or owned.
• Location: Choose locations with high traffic, like markets, near schools, colleges, and commercial areas.
• Required Staff: As a franchisee of Mio Amore, you need to hire 2 to 4 employees to operate the franchise outlet. Employees need to be trained by Mio Amore.