Yes. All Miniso franchise partners and business guarantors must be an Australian Citizen or hold Australian Permanent Residency to purchase a Miniso store.
Absolutely! Although a retail sales background would be beneficial, it is not essential. We welcome and encourage everyone from all working backgrounds to apply. Afterall, this may be the life change you were after!
Please complete and submit an online enquiry and the Franchising Team will be in contact to discuss your enquiry further. You will then be provided with a Miniso information and an application form to complete.
As a rough guide, we would suggest approx. 10% of the initial investment cost, however we would require you to obtain independent financial and/or business advice on this.
Yes, you will have access to at least 50% of the purchase price of the business. You may have this in actual cash, funding from family and friends, equity in your home/ investment properties or a combination of all of these. Please be aware that we will request proof that you have access to these funds throughout the franchise recruitment process.
To purchase a new Miniso franchise, the initial investment cost can generally range between $380,000 to $450,000 plus GST. The initial investment cost includes the store fit-out, equipment, training, and documentation fees.
The initial investment cost does depend on a range of factors, including the store location and size, and the amount of work involved in constructing the store. Please keep in mind that in addition to the initial investment cost, you will also need to budget for working capital, opening stock, and your grand opening promotion.
When purchasing either a new store or an existing store, you will also need to supply a bank guarantee to the landlord at the beginning of a lease term. The bank guarantee is typically calculated at an amount of three to four months’ rent.
Each applicant’s journey through the franchise recruitment process does depend on the individual’s circumstances and the opportunity you are applying for. On average, our applicants reach the final assessment steps of our recruitment process within 6 weeks.
All of our applicants are required to complete their own due diligence on the Miniso brand and location you are applying for and demonstrate this knowledge and research throughout the recruitment process.
No, at Miniso we have a team of retail leasing experts that assist our partner network in securing new sites, and negotiating lease renewals in consultation with the store owner. Once a new site is available to purchase, we will list it on the ‘Opportunities’ on the Miniso franchising website.
We have a comprehensive training program in place for all new partners entering our network. The training programme is 5 days long and takes place in Sydney. Our comprehensive training is inclusive of front and back of house operations. You will also be provided with support in your new store by the Operation Training team in your first days of operation. You will feel confident to step into your new store understanding all facets of running that business after working closely with our dedicated Operation Training team!
MINISO has a large network of professionals at the global support centre in Sydney to assist our franchise partners. Our support teams cover areas such as Marketing, IT, Finance, Leasing, Product & Supply and Store Design just to name a few. You will also enjoy support from our dedicated team of operations professionals on the ground in each state to assist you with your day to day needs and to mentor you as a business owner.
Yes, your store is yours to sell. Your franchise agreement outlines the requirements for a sale, and the prospective purchaser will need to go through the MINISO franchise recruitment and selection process.