Miniso franchise is one of the great Lifestyle franchises in India. We will discuss Miniso Franchise Cost, Profit, Review, and How to Start the franchise.
Starting in 2017, The franchise has 10+ outlets in India. You can directly enroll for the Miniso Franchise by filling up the form on their website or the form given below on this website.
Miniso Franchise Cost
- Miniso Franchise Cost ₹50,00,000 Rupees to ₹80,00,000 Rupees as an initial investment.
- The Franchise Fee is 10,00,000 Rupees
- The minimum area required is 200 Square Feets.
- The Royalty charged will be 10% on Sales.
- The expected Return on Investment is 1.5 Years.
Miniso Franchise Profit
We will analyze the Miniso Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 6,00,000 Rupees i.e. 20,000 Rupees per day.
|Gross Sales||6,00,000 Rupees|
|Material Cost @50%||(3,00,000) Rupees|
|Electricity and Water Supply||(12,000) Rupees|
|Salary of Workers and their Expenses||(50,000) Rupees|
|Royalty @10%||(60,000) Rupees|
|Other expenses||(10,000) Rupees|
|Net Profit||1,08,000 Rupees|
We can conclude that the Profit Margin of the Miniso Franchise is 18% for Sales of 6,00,000 Rupees. The outlet may have less profits in the initial days but the store will gain high popularity eventually and will have great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 9 Lakh Rupees per month and the profit margin will be 15% on Sales or 1,35,000 Rupees.
Location plays a very crucial factor in determining the success rate of a franchise along with food quality and service.
The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option.
You can open the outlet nearby colleges, corporates, or any place where young people love to have Lifestyle items.
How to get Miniso Franchise?
To get the Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
Thanks for reading the blog, If you have any queries regarding the franchise then you can ask me in the comment box or on my
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