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.
- Rated MODERATE with a risk score of 59/100.
- 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
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Hissho Sushi unit return on the cash you put in?
Unlevered ROIC · per unit
163%
Above typical band (30–60%)
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.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 16 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 phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
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.
Score breakdown · what drove the 59 / 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
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
85 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Hissho Sushi · FDD (2025) PDF