How Monginis Became A Staple Amongst Indian CustomersMonginis became known for its baked to perfection cakes, pastries, savories and much more.

ByPunita Sabharwal

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

What started as a business with one small shop in the Fort area, in Mumbai, run by two Italian brothers, has now become one of the biggest franchise opportunities of its kind in India and a staple amongst Indian customers.Monginis, in the early days, quickly became a favorite with the Europeans in Mumbai. No birthday, anniversary, wedding, or simple tea-time seemed to be complete without the cake or pastry from Monginis on their table. Monginis gradually became the favorite for all occasions, big and small. The company became known for its baked to perfection cakes, pastries, savories and much more.

在1960年代,小商店和品牌是薄熙来ught over by theKhorakiwalafamily, who turned it into their legacy. By 1971, the idea of having a nationwide franchise network to reach out to customers in their neighborhoods was born. During this time, franchising was unheard of and withHuseiniT. Khorakiwala's vision, Monginis wanted to make sure that it was done the right way. "We felt that partnering with people who knew their neighborhoods and communities would allow us to further our goal of being a part of their celebrations and memories," shares Qusai Khorakiwala, Director, Monginis Foods Pvt Ltd.

Starting the franchising way back in 1971, today Monginis has 680+ cake shops pan India. Talking about keeping the relationship intact with franchisees, Khorakiwala shares, "We constantly conduct training programme for our franchisees throughout the year."

今天,Monginis蛋糕店加盟商等from 40-year-old to 30 years to 20 years to 10 years and 5 years as well. Some of them are as new as six-month-old. "We have a very low attrition rate of less than one per cent business closing down due to various reasons," informs Khorakiwala.

Its partners range from hard-core retailers with experiences from generations. Talking about franchisees coming from different walks of life, Khorawala informs, "Our manufacturing franchisee from Pune is an architect by profession. A doctor by profession manages our unit in Aurangabad and a practicing lawyer in Pune." The company's emphasis over the next few years will be on implementing its expansion plan through geographic and sales growth. On what initiatives it does to help a franchisee succeed, Khorakoiwala shares, "If a store is faltering and experiencing low traffic, we try to support it with the help of customer engagement activities such as offering free customized mugs, tattoo painting activities for children, our "Be a Baker' program and much more."

(This article was first published in the January issue of Entrepreneur Magazine. To subscribe, clickhere)

Punita Sabharwal

Entrepreneur Staff

Deputy Editor, Entrepreneur India Magazine

Related Topics

Leadership

The Pharm-er CEO: Sheetal Arora, Mankind Pharma

Pandemic was one of the toughest challenges for the company as it had to meet increased demand for products, remote work and create an IT infrastructure to support 15,000 people moving online, says, Sheetal Arora, CEO, Mankind Pharma

News and Trends

Eximius Ventures Gets its New Co-founder and General Partner in US Fund Manager Preeti Sampat

At Eximius, Preeti will lead the fund's investment strategy and decisions, taking a thesis-driven approach to investing in startups that have the potential to scale globally.

News and Trends

The Crea-tea-vity Which Is Brewing Tata Consumer Products Growth

During the September quarter of FY24, our India tea business continued to benefit from our earlier interventions, resulting in a third consecutive quarter of volume led growth, says Sunil D'Souza, Managing Director & CEO of Tata Consumer Products

News and Trends

Narayana Murthy's 70-Hour Work Week: Here Is What Startup Founders Have To Say

While Infosys founder's thoughts on productivity earned brickbats from many on social media, the startup world is divided in its views

News and Trends

Moving Towards a Secured Web3: MetaMask Adds Privacy-Preserving Security Alerts

This feature will make MetaMask the first self-custody web3 wallet to integrate native security alerts and will be made live on the MetaMask mobile app in November-end

Business Ideas

How Great Leaders Communicate Their Vision

Expand your leadership capacity by learning how to gain buy-in and consensus and move projects forward despite any challenges that may arise.