The city of Delhi has become a hub for its burgeoning street food scene. Delhiites are known for their appetite for food, especially food that feeds their cravings for spicy street food. While the Golgappas have dominated the hearts of all the locals for decades, the last decade has seen a new contender grab the reins.
This is none other than the crowned champion scattered through the alleys of Delhi – Momos.
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- How much does a street side Momo stall owner in Delhi make?
- The monthly earnings calculation shocked people on the Internet
How much does a street side Momo stall owner in Delhi make?
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Although it all started with simpler versions of the dish, just boiled momos with different fillings inside, soon the tide turned sharply and stall owners introduced bizarre versions of the classic steamed delights.
There is the malai version, the tandoori version, the fried version and even the chocolate version. Anything you can imagine, there is sure to be a place to sell it. Well, all this talk about momo stalls makes one wonder about the logistics behind setting up such a stall and even makes people curious about the profit these owners earn by working the streets of Delhi.
A curious content creator and YouTuber, Aradhana Chatterjee, was intrigued by this form of business. So, to satisfy her curiosity, she approached a momo-wala on the street. She spoke with a momo stand owner who has been in business for almost 21 years.
He explained: “I receive between 300 and 400 clients every day. An average customer spends around Rs 40-60 at the stall. I keep my stall open all week and earn 10 rupees for a dish that I sell for 50 rupees. So my profit is about 20% of my sales.”
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The monthly earnings calculation shocked people on the Internet
Calculating his daily earnings from the information provided by the momo stall owner, Chatterjee concluded: “With a 20% markup, he makes around Rs 3,500 on his total sale of Rs 17,500. That equates to Rs 1,05,000 a month, which is well above the average income of Indians who earn more than Rs 32,000 a month.”
Hearing these calculations, people on the internet were pretty sure they’d rather open a momo position than drag their feet at work. Although the creator did not specify the hidden costs of fuel, electricity and so on, the calculations still amazed people. One user stated, “Ab toh momo hi bechna hain bhai.”
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While one cared less about profit than the momos themselves, “Nice close-ups… now I want to eat some momos too.”
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Source: vtt.edu.vn