2024 Can You Still Franchise with Mixue?

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Franchising with Mixue is getting quite difficult now.

How much profit can you make from a Mixue franchise?

The story behind Mixue

From what recent articles suggest, Mixue currently favors experienced existing franchisees. In other words, if you submit a good location and apply to franchise, Mixue will try to allocate that site to a nearby veteran franchisee who has been operating for a few years and making money—rather than opening it to new entrants (to ensure success rates). Additionally, the three-year contract renewal requires you to fund Mixue to handle renovations (effectively a hefty renewal fee), and the franchise distance protection is now zero.

In short, it's becoming increasingly hard for newcomers. That said, a single store's monthly revenue averages 80,000–110,000 RMB. After deducting costs, successful stores can still make some money. Brokerage firms estimate the ceiling at 50,000 stores, and they're already approaching that cap.

Original article

You can check the expanded articles above to see roughly how much can be earned.

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