The Daiso Franchise’s success is under anyone’s eyes: Daiso shops are spread all around the world, from Asia to North America to Oceania. Why, then, shouldn’t you try and get into business with them?
Because Daiso is a franchise, any entrepreneur that meets their criteria can open their own Daiso store and start exploiting the brand’s success to create a huge income for themselves.
However, opening a franchise business is always related to some expenses: an initial investment and franchise fees.
In this article, you are about to find out how high they are as well as a lot of other details about the Daiso Franchise.
About Daiso Franchise
Daiso Franchise is a Japanese franchise founded in Japan. It is a 100-yen shop which is a sort of American Variety Store where customers can find a wide range of products in one single place.
The majority of items sold in Daiso shops are imported from Japan, Korea, China, and South Korea.
Daiso’s headquarters are in Hiroshima, Japan, but there are Daiso stores all around the world: in Australia, the USA, Canada, Cambodia, Israel, Malaysia, Singapore, South Korea, and Bahrain.
Check Walmart Franchise
Also Check Costco Franchise
History Of the Daiso Franchise
Daiso was founded in 1977 by Hirotake Yano, who had already opened a 100-yen store years before.
The business model was the typical one of franchises: entrepreneurs who were interested could contact the main corporation and open their own store.
Daiso stores had to meet certain criteria, and the Daiso main team has always provided a lot of support to anyone getting into business with them to help them compete with other retailers.
Since 2004, Daiso shops aren’t only been selling 100-yen products but also multiple them.
So, today, the products that customers can find in a Daiso store are still low-end, but there are also some more attractive options that, again, help these shops compete with higher-end retailers.
Today, the Daiso franchise can count 3,600 stores in Japan, where it was founded, and 2,300 stores overseas, spread in Asia, America, and Oceania.
Daiso Franchise Business Model
The Daiso Franchise is an actual franchise. Anyone interested can open their store.
The main Daiso corporation provides instructions on how to set up the store, the right location to pick, and provides the inventory.
Business Model | Low-end retail market franchise |
Initial Investment | Minimum: $50,000 |
Franchise | YES |
Franchise Fee | Estimated at between 10,000 and 20,000 USD |
Number of outlets | 3,600 in Japan + 2,300 overseas |
Interested In Daiso Franchise?
Training & Support From Daiso Franchise
The Daiso main team provides tons of support for entrepreneurs that get into business with them.
In particular, they will focus on providing you with precise indications about how to set up your store.
Products will need to be arranged according to their category, but above all, Daiso’s advice and instructions are meant to help you compete with competitors and other higher-end retailers.
Also Visit Daiso Franchise
Comparison Franchise: Daiso VS Dollar Tree
Company | Daiso | Dollar Tree |
---|---|---|
Founded | 1977 | 1989 |
Number of Outlets | 3,600 in Japan + 2,300 overseas | 15,288 in the US + 227 in Canada |
Franchise Fee | (estimated) $10,000 to $20,000 | $20,000 to $30,000 |
Franchise | Yes | Yes |
Daiso Franchise FAQ
Is Daiso A Franchise?
Yes, it is. Daiso provides you with the possibility of opening a Daiso store in your area.
How Much Does It Cost To Open A Daiso Franchise?
The initial investment to open a Daiso store would require you to cover: the setup of the store, the initial franchise fee, and the inventory. A minimum investment of $50,000 will be required, if not more.
What Is The Daiso Franchise Known For?
Daiso is known for providing items at very lower prices. Outside Asia, Daiso also attracts many customers who are curious to discover Asian items.
How Many Daiso Outlets Are There?
Daiso has about 3,600 stores in Japan, where it was first founded, and 2,300 outside Japan, spread in America, Oceania, and Asia.
Amit Gupta is an experienced expert in digital marketing and co-founder of DrFranchises. With more than 11 years of knowledge in franchise digital marketing, SEO, email marketing, and social media marketing, Amit has helped many brands achieve incredible success online. As a passionate entrepreneur and owner of 7 franchises, he continues to study franchise models, looking at costs, revenue, and profitability to guide brands toward profitable growth. When he’s not working on digital marketing, Amit enjoys spending time playing with his beloved dog.