The reason why famous and excellent products can charge150 thousand franchise fee is that it is a joint venture model. According to the relevant information, Mingchuangyou has opened more than 3,600 stores in 86 countries and regions around the world. By 2022, it will realize the plan of "100 billion stores in 100 countries", including 7,000 overseas stores, and its annual revenue will reach RMB 1000 billion yuan.