Hissho SushiFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Hissho Sushi franchise requires a total initial investment of $27K – $137K, including a $8K franchise fee and an ongoing 0.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $27K – $137K
- 1st pct Service Resta…
- Avg gross sales
- N/A
- 28th pct Service Resta…
- Royalty
- 0.0%
- 0th pct Service Resta…
- Units
- 2,449
- 49th pct Service Resta…
- SBA default
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Large franchise systems benefit from brand recognition, supply chain leverage, and proven operations.
Bottom line
- Total investment $27K – $137K including a $8K franchise fee, 0.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict A (Top Quintile) with a risk score of 42/100.
- System growing at 16.4% CAGR over 3 years with 2449 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Hissho International, LLC
- Parent company
- Hissho Sushi Holdings, LLC
- Ultimate parent
- Hissho Sushi
- CEO title
- Chief Executive Officer
- Daniel Beem
- CEO experience
- 7 yrs
- Years in role or industry
- Incorporated in
- DE
- HQ
- 11949 Steele Creek Road, Charlotte, North Carolina 28273
- Auditor
- Cherry Bekaert LLP
- Audited financials
- Franchisor revenue
- $34.3M
- vs $37.5M prior year
- Management churn noted
- Frequent turnover
- Item 2 disclosed frequent executive changes
Independent franchisee associations
- Franchise Advisory Council (FAC)
Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.
Affiliated brands
- Hissho Operations
- Lwin Family Co
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Franchisees operate quick-service sushi restaurants, typically in high-traffic locations (malls, food courts, or standalone). Day-to-day responsibilities include food preparation (sushi rolling), inventory management, POS operations, staff scheduling, and customer service. Franchisees must adhere to Hissho's recipes and operational standards while managing local labor, rent, and cost of goods.
- CEO
- Daniel Beem
- Headquarters
- NC
- FDD year
- 2025
- States available
- 48
FDD Item 7 · 2025 filing · 16 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $8K | $8K | |
| Insurancenot refundable | $500 | $5K | |
| Training (Initial, Sushi Chef)not refundable | $4K | $13K | |
| ServSafe Food Protection Manager Certificationnot refundable | $99 | $179 | |
| Professional Advisorsnot refundable | $1K | $5K | |
| Point-of-Sale and Other Marketing Materialsnot refundable | $300 | $2K | |
| Initial equipment & small waresnot refundable | $1K | $25K | |
| Sushi robotnot refundable | $0 | $14K | |
| Hissho Label System Terminalnot refundable | $2K | $2K | |
| Initial food inventory and supply purchasesnot refundable | $5K | $31K | |
| Uniformsnot refundable | $400 | $400 | |
| Local and State Business License Fees and Permitsnot refundable | $100 | $6K | |
| Confidential Franchise Manual Loan Deposit Fee & Initial Loan Deposit SSOP/HACCP Food Safety Plan Book Feenot refundable | $300 | $300 | |
| Initial Background Check, Credit Check, and Drug Testnot refundable | $150 | $150 | |
| Computer (hardware & software)not refundable | $500 | $800 | |
| Additional funds (3 months initial phase)not refundable | $5K | $25K | |
| Total initial investment | $27K | $137K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $27K – $137K
- Better than avg vs category
- Liquid capital req'd
- $5K – $25K
- Better than avg vs category
- Franchise fee
- $8K – $8K
- Better than avg vs category
- Royalty
- 0.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 2.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 0.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $125 |
| Transfer fee | $3K |
| Renewal fee | $8K |
| Inventory (initial) | $5K – $31K |
| Total fee load | 2.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Full-Service Restaurants averages
How Hissho Sushi Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2,449
- Opened
- 461
- Last reporting year
- Closed
- 107
- Terminated
- 107
- Franchisor ended the franchise (per Item 20)
- Turnover rate
- 4.4%
- Company-owned
- 60
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
- Net growth (yr3)
- +9.1%
- Net unit change last year
- 3-yr CAGR
- +16.4%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 304
- Transfer rate
- 12.4%
- Owners selling to other franchisees
- Continuity rate
- 90.2%
- Units that stayed open
- Termination rate
- 4.4%
- Franchisor-initiated terminations
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 46 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Hissho Sushi presents caution-level risk due to complete absence of unit-level financial disclosure, variable royalty structure, unprotected territory, and modest system growth that masks unknown unit churn.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Cherry Bekaert LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 42 / 100 rating
- 01MINORNo Item 19 financial disclosure (average revenue and net income not provided) — impossible to assess unit economics or profitability
- 02MINORRoyalty structure ranges 0-25% with no clarity on how/when rates increase — potential for unexpected margin compression
- 03MINOR2,449 units with only 9.1% YoY growth is modest for established brand; no context on unit closures or churn rate
- 04MINORUnprotected territory creates direct competition risk — franchisor can award same area to competitors
- 05MEDShort 3-year term with no renewal information disclosed — recurring renegotiation risk and potential forced exit
- 06MINORWide investment range ($26,849–$136,829) suggests highly variable unit economics and unclear path to profitability
- 07MINORLow franchise fee ($7,500) relative to investment range indicates franchisor revenue heavily dependent on ongoing royalties
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 3 years |
|---|---|
| Renewal term | 3 years |
| Allowed renewalsℹ | 1 |
| Territory type | Specific Location |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 15 days |
| Termination groundsℹ | 1 |
| Mandatory arbitration | Yes |
| Arbitration location | Charlotte, North Carolina |
| Jury trial waiver | Yes |
| Governing law | North Carolina |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 31 hrs
- On-the-job training
- 50 hrs
- Franchisor financing
- Offered
- Item 10
- POS system
- Retail Host's POS System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Retail Host's POS System
Item 20 · call current owners
Franchisee Contacts
2,291 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Hissho Sushi · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Hissho Sushi franchise?
The total investment to open a Hissho Sushi franchise ranges from $27K – $137K, with an initial franchise fee of $8K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Hissho Sushi franchise owners earn?
Hissho Sushi does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Hissho Sushi's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Hissho Sushi (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Hissho Sushi franchise locations are there?
As of their most recent FDD filing, Hissho Sushi has 2,449 total units in the United States, including 2,052 franchised units and 60 company-owned units. 461 new units were opened in the latest reporting year.
Is Hissho Sushi a good franchise to buy?
FranchiseVerdict rates Hissho Sushi as a A-grade franchise with a risk score of 42 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.