How much does a Miniso franchise cost?
Opening a Miniso franchise takes a total initial investment of $360,800 to $905,000, according to the brand's 2026 Franchise Disclosure Document. That FDD makes no Item 19 financial performance representation, so it discloses no earnings figures at all.
MINISO franchises retail outlets offering and selling household consumer products, clothing, and accessories under the MINISO brand. Category: Retail.
Item 7
What it costs to open a Miniso franchise
The franchisor's own estimated initial investment, as disclosed in its 2026 FDD. The total is $360,800 to $905,000. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Initial inventory purchase (Model B (Purchased Inventory) only) ($150,000 to $560,000), Merchandise Deposit (Model A (Consignment) only) ($200,000 to $400,000), and Material & Equipment Fee (computers included) ($50,000 to $150,000).
The initial franchise fee is $50,000.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Franchise Fee2026 FDD, Item 7, p. 14 | $50,000 | $50,000 | 2026 FDD, Item 7, p. 14 |
| Merchandise Deposit (Model A (Consignment) only)2026 FDD, Item 7, p. 14 | $200,000 | $400,000 | 2026 FDD, Item 7, p. 14 |
| Initial inventory purchase (Model B (Purchased Inventory) only)2026 FDD, Item 7, p. 14 | $150,000 | $560,000 | 2026 FDD, Item 7, p. 14 |
| Security deposit2026 FDD, Item 7, p. 14 | $20,000 | $20,000 | 2026 FDD, Item 7, p. 14 |
| Fees for traveling to review proposed site locations2026 FDD, Item 7, p. 14 | $300 | $3,000 | 2026 FDD, Item 7, p. 14 |
| Training Expenses - Operations2026 FDD, Item 7, p. 14 | $1,000 | $10,000 | 2026 FDD, Item 7, p. 14 |
| Material & Equipment Fee (computers included)2026 FDD, Item 7, p. 15 | $50,000 | $150,000 | 2026 FDD, Item 7, p. 15 |
| Grand Opening fee2026 FDD, Item 7, p. 15 | $3,500 | $15,000 | 2026 FDD, Item 7, p. 15 |
| Payroll – 3 Months2026 FDD, Item 7, p. 15 | $25,000 | $67,000 | 2026 FDD, Item 7, p. 15 |
| Local Marketing – 3 Months2026 FDD, Item 7, p. 15 | $1,000 | $10,000 | 2026 FDD, Item 7, p. 15 |
| Additional Funds – 3 Months2026 FDD, Item 7, p. 16 | $10,000 | $20,000 | 2026 FDD, Item 7, p. 16 |
| Total estimated initial investment2026 FDD, Item 7, p. 14-16 | $360,800 | $905,000 | 2026 FDD, Item 7, p. 14-16 |
About this total: The FDD prints separate totals: Model A (Consignment): $360,800 - $745,000; Model B (Purchased Inventory): $310,800 - $905,000.
Source Miniso, 2026 FDD, Item 7, p. 14-16, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Item 19
What Miniso franchisees actually report earning
This brand's FDD publishes no Item 19.
"We do not make any representations about a franchisee’s future financial performance or the financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet."
Source Miniso, 2026 FDD, Item 19, p. 51, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Item 20
How many Miniso outlets there are, and how many closed
Miniso ended 2025 with 13 franchised outlets and 338 company-owned outlets. No franchised outlets opened or left the system that year.
Three years at a glance
From 2023 through 2025, Miniso opened 6 franchised outlets and 1 outlet left the system. That is a net gain of 5, from 8 to 13 franchised outlets. Of the outlets that left, 1 was terminated.
On average, about 3.3% of franchised outlets left the system each year, roughly 1 in 30.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | 13 | 0 | 0 | 0 | 0 | 0 | 13 | 2026 FDD, Item 20, p. 58 |
| 2024 | 9 | 4 | 0 | 0 | 0 | 0 | 13 | 2026 FDD, Item 20, p. 58 |
| 2023 | 8 | 2 | 1 | 0 | 0 | 0 | 9 | 2026 FDD, Item 20, p. 58 |
Source Miniso, 2026 FDD, Item 20, p. 58, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-16.
Compare
How Miniso compares with other Retail franchises
Measured against the 39 Retail franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Miniso's estimated range is $632,900. It costs more to open than 84% of Retail franchises here.
- Outlets leaving each year. 3.3% for Miniso. That is lower than 75% of the 37 Retail franchises with at least 10 outlets.
- Earnings disclosure. 25 of the 39 Retail franchises here publish earnings figures in Item 19. Miniso is not one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Retail franchise side by side.
Alert me when Miniso files a new FDD
Franchisors reissue their FDD at least once a year, and the Item 7 and Item 19 figures move. Leave an email and we will send you Miniso's updated numbers when the next document is published, plus the brand-comparison worksheet.
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