Miniso India Franchise Policy-SC(Small City)

Valid til 31st December 2021

FOFO Mode（Franchisee Owned Franchisee Operate）
Contract Period Franchise Type Mode
5 years Unit Single Store Franchisee owned Franchisees operate
Requirements for Store
Carpet area Gate Width Location
500-1200 sqf is preferred 2 meters above is prefered Prosperous commercial area / High Streets and Malls in Miniso specified cities(mainly for tier 3
or smaller cities)
Fees
Fee Items Amount Timing to pay Remarks
Security Deposit for Branding 2 Lakhs At the time of signing the LOI Refundable after LOI/contract termination.
1

Franchise Fee 1 Lakhs At the time of signing the franchise agreement (Including GST) At the time of signing the franchise agreement(Including GST).
2

Pay for first year after signing Franchise Contract, (the price
3 Training Fee INR 18,000 For staff training, INR 18,000/Year, be paid yearly.
includes GST)
Mainly including fixture, lights, cash resgister, etc.
Advance payment will be paid at the time of signing franchise Advance payment: 60% of estimated amount
appx 8 Lakhs contract. Balance: =actual amount – advance amount
4 Estimated Price of Fixtures
Balance will be paid before delivery. The price excludes GST
The amount is for reference, Ffinal amount will be as per actual.

5 Fit-Out deposit
6 Estimated Fit-Out fee
Estimated Cost of Goods Purchase(for the 1
7
time)
At the time of signing franchise contract Pay 100% at the time of signing franchise contract. Refundable after interior work acceptance by
3 Lakhs
MINISO.
Fit-out vendors could be franchisees' option or MINISO designated.
Investor will pay to vendor directly.
appx 5 Lakhs Before start fit-out The amount is for reference, under certain conditions amount will be in the range.Final amount
will be as per actual.
Advance payment: 60% of estimated amount (appx 1.3 times of estimated sales & INR3000/sqf )
Balance: =actual amount – advance amount
st
depend on store size & Advance need to be paid at signing franchise contract, The price excludes GST
estimated sales Balance need to be paid before delivery. Final amount will be as per actual(up to store projected revenue and area).

Margin
1 Products are 38.5%-45% off excluding GST on average
Others Expenses and validity
Items Amount Content
1 Local procurament material appx 1-2 Lakhs TV, computer, CCTV, sensor, tiles if necessary, etc.(Final amount will be as per actual )
2 Traveling and accomodation Cost On actuals BD to evaluate, designer to measure etc.
3 LOI Validity 45 Days from the date of signing LOI
4 Logistics Cost On actuals freight of products ,fixtures etc.
5 Actual Investment appx 20-25Lakhs Mainly for fit out, fixture and equipments. Final amount will be as per actual.
6 Capital Output appx 30Lakhs Incl actual investment and deposits/stock etc. Final amount will be as per actual.
 Miniso India Franchise P
Valid til 7th July
FOFO Mode（Franchisee Owned
Contract Period Franchise Type
5 years Unit Single Store
Requirements for
Carpet area Gate Width
800-1200 sqf is preferred 2 meters above is prefered

Fees
Fee Items Amount
Security Deposit for Branding 7.5 Lakhs
1 6 Lakhs
Franchise Fee 6 Lakhs
2
5 Lakhs

3 Training Fee INR 50,000

appx INR1000/sqf
4 Estimated Price of Fixtures

5 Fit-Out deposit 3 Lakhs

appx INR800/sqf
6 Estimated Fit-Out fee

Estimated Cost of Goods Purchase(for the 1 st depend on store size &

7
time) estimated sales

Margin
1 Products are 38.5%-45% off excluding GST on average
Others Expenses and
Items Amount
1 Local procurament material appx 2-3 Lakhs
2 Traveling and accomodation Cost On actuals
3 LOI Validity 45 Days
4 Logistics Cost On actuals
5 Actual Investment appx 35Lakhs
6 Capital Output appx 65Lakhs
Miniso India Franchise Policy-BC(Big City)
Valid til 7th July 2020
FOFO Mode（Franchisee Owned Franchisee Operate）
Franchise Type
Unit Single Store
Requirements for Store
Gate Width
2 meters above is prefered

Fees
Timing to pay
At the time of signing the LOI

At the time of signing the franchise agreement (Including GST)

Pay for first year after signing Franchise Contract, (the price
includes GST)

Advance payment will be paid at the time of signing franchise

contract.
Balance will be paid before delivery.

At the time of signing franchise contract

Before start fit-out

Advance need to be paid at signing franchise contract,

Balance need to be paid before delivery.

Margin

Others Expenses and validity

Content
TV, computer, CCTV, sensor, tiles if necessary, etc.(Final amount will be as per actual )
BD to evaluate, designer to measure etc.
from the date of signing LOI
freight of products ,fixtures etc.
Mainly for fit out, fixture and equipments. Final amount will be as per actual.
Incl actual investment and deposits/stock etc. Final amount will be as per actual.
icy-BC(Big City)
anchisee Operate）
Mode
Franchisee owned Franchisees operate
ore
Location
Prosperous commercial area / High Streets and Malls in Miniso specified cities(mainly for metro
cities & tier 2 cities)

Remarks
Refundable after LOI/contract termination.

At the time of signing the franchise agreement(Including GST).

For staff training, be paid yearly.

Mainly including fixture, lights, cash resgister, etc.

Advance payment: 60% of estimated amount
Balance: =actual amount – advance amount
The price excludes GST
The amount is for reference, Ffinal amount will be as per actual.

Pay 100% at the time of signing franchise contract.

Refundable after interior work acceptance by MINISO.
Fit-out vendors could be franchisees' option or MINISO designated.
Investor will pay to vendor directly.
The amount is for reference, final amount will be as per actual.

Advance payment: 60% of estimated amount (appx 1.3 times of estimated sales & INR3000/sqf )
Balance: =actual amount – advance amount
The price excludes GST
Final amount will be as per actual(up to store projected revenue and area).

lidity

inal amount will be as per actual )

ount will be as per actual.
amount will be as per actual.