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    Franchise opportunities compared

    MDSA LLC vs Miniso

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    MDSA LLCMiniso2026 FDD

    Initial investment · Item 7

    MDSA LLC

    Not available

    Miniso

    $200,000 – $905,000

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    MDSA LLC

    Not available

    Miniso

    Not available

    Royalty · Item 6

    MDSA LLC

    Not available

    Miniso

    Not available

    Before you compare

    • One brand has no reviewed FDD year on file for these figures.
    • Miniso discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only neither brand has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    MDSA LLC

    Not available
    No reviewed Item 7 total

    Miniso

    $200,000 – $905,000
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    MDSA LLC

    Not available
    No single standard fee identified

    Miniso

    Not available
    No single standard fee identified
    Royalty (Item 6)

    MDSA LLC

    Not available
    No reviewed royalty record

    Miniso

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    MDSA LLC

    Not available
    No reviewed brand or advertising fund fee

    Miniso

    2%
    Amarketingfundcap ifestablished — 2%
    2026 FDD · Item 6 · PDF p. 12

    System scale & health

    Total outlets (Item 20)

    MDSA LLC

    Not available
    No reviewed outlet counts

    Miniso

    351
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 56
    Net outlet change (Item 20)

    MDSA LLC

    Not available
    Only one year reported

    Miniso

    +231
    Calculated: 120 at end of 2023 → 351 at end of 2025
    Outlet exits (Item 20)

    MDSA LLC

    Not available
    No complete exit records for a year

    Miniso

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    MDSA LLC

    Not available
    Not in reviewed records

    Miniso

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    MDSA LLC

    Not available
    Not in reviewed records

    Miniso

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    MDSA LLC

    Not disclosed — no Item 19 financial performance representation

    Miniso

    Not disclosed — no Item 19 financial performance representation

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    MDSA LLC vs Miniso: common questions

    Do MDSA LLC and Miniso disclose financial performance (Item 19)?
    MDSA LLC makes no Item 19 financial performance representation; Miniso makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full MDSA LLC report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Miniso report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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    FDD glossary

    Plain-language meaning of each Item