MINISO Franchise Unit Growth

Retail FDD 2025

Data extracted from Miniso Depot Franchisor, LLC's 2025 Franchise Disclosure Document, filed under FTC Rule 16 CFR 436.

MINISO franchise at a glance — core figures from the 2025 Franchise Disclosure Document:

Investment (Item 7)
$256K - $905K
Franchise fee
$30K
Royalty
45.0% to 65.0%
Franchised units
13
Item 19 earnings
Disclosed
Disclosed litigation
0 cases

MINISO Franchise Unit Growth Overview

Flat Network — No net change in units in the reported period

Openings and closures were equal. Monitor trends across multiple FDD years.

Unit Counts (Item 20)

Franchised Units

13

Industry avg: 238

15th percentile

Company-Owned

262

95.3% of system

Total System

275

Since 2018

Years Operating

7

Founded 2018

Openings & Closures (Item 20)

Units Opened

+0

Industry avg: 19 opened

0.0% open rate

Units Closed

-0

Industry avg: 10 closed

0.0% closure rate

Net Growth

0

0.0% net growth rate

Stable, no growth

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Full Franchise Overview

Growth data is one piece of the puzzle. Review MINISO's complete profile — financials, fees, territory rights, litigation history, and more — on the overview page.

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Why MINISO Franchise Unit Growth Data Matters

Item 20 of the MINISO franchise FDD is the most predictive single section in the document. The table tracks how many units opened, closed, transferred, or were terminated across the system over the past three years. A franchise that grew 15% per year tells a very different story than one that stayed flat or shrank — even if both have identical Item 19 revenue numbers.

Closures vs. transfers: The two columns mean different things. A closure means a franchisee shut down and walked away — usually because the unit wasn't profitable. A transfer means the unit changed hands but stayed open — which can be neutral (retirement, relocation) or negative (the original franchisee couldn't make it work and sold to escape). High transfer rates without growing closures often signal an unhappy franchisee base that's exiting at first opportunity.

Healthy benchmark: Annual closure rates of 5% or less are typical for healthy retail systems. Closure rates above 10% per year suggest unit-level economics are stressed somewhere — labor costs, royalty load, market saturation, or all three. Look at the trend, not just the absolute number — closures rising year over year is a stronger signal than a single bad year.

Cross-reference MINISO franchise unit growth with the franchisor's pipeline (units in development) and any geographic concentration. A system that's growing in absolute count but only in one region may be hitting saturation in its core market. Talk to franchisees from Item 20 in different geographies to triangulate whether the growth story holds nationally or is a regional phenomenon.

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Data shown is extracted from the 2025 Franchise Disclosure Document filed with state regulators. Fees, investment ranges, and other terms may have changed since this filing. Always request the current FDD directly from the franchisor before making any investment decisions. This information is not financial, legal, or investment advice. Full disclaimer.