Miniso is analyzed based on our most recent FDD research!
Miniso is a retail store that sells stylish, affordable consumer products in the areas of home, beauty, electronics, fashion, stationary and more.
Miniso has an initial franchise fee of up to $20,000, with a overall initial investment range of $310,800 to $485,500.
The upfront cost of any franchise includes several fees. Explore this franchise opportunity to better understand the initial costs required to own an Miniso, such as franchise fees, leasehold improvement costs, grand opening, advertising, and furniture and fixtures purchases.
Can you Afford a Miniso Franchise. Complete our Affordability Calculator to find out!
As with any new franchise, there should be a reasonable ROI and profit potential. The specific franchisee's income and the profits from an Miniso franchise depends on many factors. One way to confirm the potential revenues or profits generated from a Miniso franchise investment is to analzye the franchisor's Item 19 within their Franchise Disclosure Document. This is called a financial performance representation. This is an option for franchisors within their disclosure and approximately 68% of all franchise companies that we have reviewed will disclose financial performance data within Item 19 of their FDD. Some franchise companies may disclose limited information such as overall systemwide sales. This type of information is not always helpful to assess profitability for you directly. So review average sales data with caution. As a general rule, typically profits and owner's salary are proportionate to the overall size of the upfront investment. The larger the initial investment, the larger profits you should expect to see
For additional information and franchise specific on the profits of an Miniso franchise, unlock this franchise
As of the 2021 Franchise Disclosure Document, there are 4 franchised Miniso locations in the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2021 FDD research, Miniso has franchised locations in 3 states. There could be zero outlets in several states as each franchise company plans their development strategy differently. Certain states require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to selling franchises to residents in that state. These registration states have examiners review a franchise company's FDD to ensure it complies state regulatory conditions. In addition to registration states, additional states have enforced franchise or business opportunity laws that mandate franchise companies to file their franchise within the state. In almost all instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not review the FDD.
Based on the data collected this franchise is growing into new cities and might be available in your city. While planning your franchise purchase, you should be considering where is a good location for my business. Review the potential customer base to confirm that the area you are looking at has a need or a market for this brand. Even the most popular franchises have states that they do not succeed in. The reasons why a specific franchised location can fail can be plentiful. So, you should analyze not only the franchised business itself, but map out locations where you think it has a greater chance to succeed.
One of our franchise advisors will have detailed knowledge about this franchise. Unlock to learn more and speak with our advisors.
Last Reviewed: 2021
Yes, they have an initial training program of 220 hours. This includes 12 hours of classroom training, 208 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Miniso does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for more details.
Yes, Miniso offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2018. The average Specialty Store franchise began franchising in 2009.
No, but you can click here to fill out our affordability calculator and understand your financing options.