Franchise opportunities compared
Miniso vs MN Filing 35439-202602-15
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.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Miniso discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Only MN Filing 35439-202602-15 has reviewed Item 19 figures here.
| Disclosure |  Miniso | MFMN Filing 35439-202602-15 |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $150,000 – $905,000 2026 FDD · Item 7 | $193,250 – $406,900 Total estimated initial investment — single Store 2026 FDD · Item 7 · PDF p. 23 |
| Standard initial franchise fee (Item 5) | Not available No single standard fee identified | Not available No single standard fee identified |
| Royalty (Item 6) | Not available No reviewed royalty record | 6% Royalty fee 2026 FDD · Item 6 · PDF p. 16 |
| Brand / advertising fund (Item 6) | 2% Amarketingfundcap ifestablished — 2% 2026 FDD · Item 6 · PDF p. 12 | $100 SMS and email marketing fee — low end 2026 FDD · Item 6 · PDF p. 19 |
| System scale & health | ||
| Total outlets (Item 20) | 351 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 56 | 68 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 65 |
| Net outlet change (Item 20) | +231 Calculated: 120 at end of 2023 → 351 at end of 2025 | −20 Calculated: 88 at end of 2023 → 68 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Not disclosed — no Item 19 financial performance representation | Locations counted not stated in the reviewed record — Non-franchised Beef Jerky Experience Stores owned and operated by affiliates fo… $369,154 other gross product cost · 2026 FDD · Item 19 · PDF p. 61 Locations counted not stated in the reviewed record — Non-franchised Beef Jerky Experience Stores owned and operated by affiliates fo… $392,966 other gross product cost · 2026 FDD · Item 19 · PDF p. 61 Locations counted not stated in the reviewed record — Affiliate-owned Fueling Station Model Store — Beef Jerky category, FY2023 $1,004,425 other Gross product sales · 2026 FDD · Item 19 · PDF p. 63 +43 more groups in the full report |
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.
Miniso vs MN Filing 35439-202602-15: common questions
- Which costs less to open, Miniso or MN Filing 35439-202602-15?
- Miniso: $150,000 – $905,000 (2026 FDD · Item 7); MN Filing 35439-202602-15: $193,250 – $406,900 (2026 FDD · Item 7 · PDF p. 23). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Miniso. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- Which has more locations, Miniso or MN Filing 35439-202602-15?
- Miniso: 351 (2026 FDD · Item 20 · PDF p. 56); MN Filing 35439-202602-15: 68 (2026 FDD · Item 20 · PDF p. 65). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Miniso and MN Filing 35439-202602-15 disclose financial performance (Item 19)?
- Miniso makes no Item 19 financial performance representation; MN Filing 35439-202602-15 has reviewed Item 19 figures for 46 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.