How To Apply For MI Store Franchise,Investment,Profit - 2023

Updated On : 08-Sep-2024

MI Store Franchise Program - Cost,Investment,Profit,Online Application & Contact Number

MI is the next generation and most popular tech brand in India.MI started their journey in 2010,within very short period of time they captured tech market for their product quality and durability.They made remarkable software,hardware and provided internet services.It is now become India's number 1 smartphone brand.according to 2014 data anaylsis they sold more than 61 million mobile handsets all over the world.Starting MI franchise is highly profitable.They are already established brand ,you just need to open your store and apply for their franchise.Today in this post we will try to explain how to start Xiaomi Franchise and its application process.

MI Store Franchise Opportunity - Become Partner

Before starting franchise with any company,you should know the main franchise benefits.It will help you to understand the company core area.It will also give you an idea to run franchise business for long term basis.below are the main benefits you will be enjoying if you open MI store in your area.

Xiaomi India Franchise Partner Benefits

• MI (Xiaomi Company) provides all franchise related support
• The brand boost your sales itself.people already aware of that.You open MI store and get customers from the next day.
• They provide hassle free customer service.It helps franchise owner to solve any problem while doing business
• Excellent technical support and communication
• Very simple terms and conditions are applied
• Maximum profit with minimal effort and store area

What is the MI Store Franchise cost ?

This is the most interesting part of the MI franchise program.Almost 99% franchise providers they take money from the applicants.But here the MI company they do not charge any fees towards opening their store.They are allowing to open their store all over in India.The main purpose of this ,is to expand their business in each corner of India.

Who are eligible to open the franchise ? 

Any person who is interested to start business with MI , they can apply for the franchise.You must submit necessary documents and citizenship proof.It is very simple process and you will be guided by their team.

Required land space to start MI franchise

You don't need large office space.You can apply if you have a standard space where you can store MI products.However,if you have space like 200 sq ft to 250 sq ft, its good for you.

Where MI team sends their team?

It is completely their internal process.You will get full details after getting approval from them.If you need any help you can always contact them via their 24/7 hrs toll free number.

What are the main documents needs to be provided ? 

Like all other franchise network,you need to submit documents like Aadhaar card,Pan card,Land ownership details and documents.If you are doing from rented place.You need a NOC copy of land documents from land owner.Other documents like Bank passbook,bank cancelled cheque etc for verification purpose.

What is the maximum income one can generate ? 

Well , MI is a reputed brand.Each and everyday they introduce new products in the market.You can easily understand the crazy demands if you visit some Indian shopping websites like Flipkart,Amazon etc.Therefore,it depends how many sale you generate each month.The more you sell ,you earn more.According to some existing franchise owners they make between 75000 to 1 lakh easily.You can also achieve this target very easily.

How to apply for MI store Franchise / Dealership In India

MI has their official website where they update all information.You can find the official link in the below post.You can submit your details there.Some basic details which you need to submit are as follows :

1. Visit MI store franchise page from official link
2. Now enter you store name or establishment name
3. Go to next and enter partner name
4. Provide Email address and working Phone number
5. In the next submit pin code and select city/town/village from drop down menu
6. provide state and GST number as well.
7. Enter some other details like age,store front,store type,monthly rent etc
8. Last upload photos and click on submit button

Official website : https://www.mi.com

(MI) Head Office Address India
Xiaomi Technology India Private Limited
8th Floor, Tower-1,
Outer Ring Road, Bangalore,
Umiya Business Bay, Marathahalli-Sarjapur,
Karnataka, India, Pin Code – 560103

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