Mi Franchise is a well-known Mobile Shop franchise in India.
Check out its Franchise Investment, Commission, Support, Infrastructure Requirement, Breakeven Time & more here.
To connect with Mi for more detailed information, please fill out the form I’ve included below, and we will connect you as soon as possible.
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Mi Franchise Summary
| Brand Summary | |
| Line of Business | Mobile Store |
| Unit / Shop Area | 800 – 1000 Sq. Ft. |
| Commission% / Revenue Sharing | Approx.90% |
| Total Investment | Rs.55 Lakhs – Rs.1.1 Crore |
| ROI Timeframe | 12 – 24 Month |
What do you know about Mi Franchise?
Mi is one of the best Mobile Shop business in India.
| About the Brand | |
| Industry | Mobile Shop |
| Business Line | Mobile Store |
| Organization Type | Private |
| Head Office | Mumbai |
| Founder | Lei Jun, Lin Bin, Zhou Guangping |
| Founded In (year) | 2010 |
| No. of Franchise Outlets | 200+ |
| Master Franchise Model | Not Available |
| Franchise Tenure | 5 Years |
| Franchise Location | All over India |
| Business Set-Up Time | 45 Days |
| Franchise Commencement Year | 2010 |
What is the Mi Franchise Investment Requirement?
Investment includes Franchise Fees & Infra Requirement.
| Investment by Franchisee | |
| Franchise Fee | Rs.5 Lakhs – Rs.10 Lakhs |
| Infrastructure Investment | Rs.50 Lakhs – Rs.1 Crore |
How much is Mi Franchise Commission?
Here is the royalty requirement of Mi Mobile Store Business.
| Commission% / Revenue Sharing | |
| Franchisee | Approx.90% |
| Franchisor | Approx. 10% |
How much time does it take for Mi Franchise to breakeven?
Check out the Breakeven time of Mi here.
| ROI Timeframe / Breakeven Time | |
| In Years | 12 – 24 Month |
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What are the Mi Master Franchise requirements?
| Master Franchise Details | |
| Franchise Fee | NA |
| Infrastructure Investment | NA |
| Commission% / Revenue Sharing | NA |
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What is the Mi Franchise Infrastructure requirement?
| Infrastructure Required | |
| Shop / Unit Area | 800 – 1000 Sq. Ft. |
| Employee headcount | 2 to 3 |
| Computer / Internet Connectivity | Compulsory |
| Product Display area | Compulsory |
| Waiting Lounge | Compulsory |
| Demo area | Compulsory |
| Billing Counter | Compulsory |
| Delivery Services | Compulsory |
| Airconditioner | Compulsory |
| CCTV Set-up | Compulsory |
What is the extent of Support provided by Mi to its franchisees?
| Support from Brand | |
| Inventory Planning | Available |
| Product Pricing | Available |
| Offers | Available |
| Client Interaction Training | Available |
| Relationship Manager Support | Partially Available |
| Interior Design Support | Partially Available |
| Interior Development Support | Not Available |
| Marketing Support | Not Available |
| Monetary Support | Available |
| Business Management Software | Partially Available |
| Warranty / Guarantee Support | Partially Available |
| Operation Manual | Not Available |
| Training Manual | Available |
What kind of Marketing Support is provided by Mi to their Franchisees?
| Marketing Support by Brand | |
| Unit Interior & Exterior Ads | Available |
| Local Advertising | Available |
| Digital Marketing | Not Available |
| Television Advertisement | Not Available |
| Prints Advertisement | Not Available |
| Events/Seminars | Not Available |
Does Mi provide training to its business partners?
| Training by Brand | |
| Housekeeping Training | Provided |
| Product Display Training | Provided |
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