Franchise Database (Updated ) | FranChimp

Neehee's

Nihi Franchising, Inc.

Company Information

6321 Commerce Drive Westland, Michigan 48185

www.neehees.com

[email protected]

We are a Michigan corporation organized on April 16, 2012. As of the Issuance Date of this disclosure document, our principal place of business is 6321 Commerce Drive, Westland, Michigan 48185, (734) 331-3658; www.neehees.com. We do business under the name 'Neehee's.' We have no predecessors. We have no parent company. Our affiliate, Nihi Foods, Inc. owns and operates a Neehee's restaurant similar to the Restaurant being offered by this offering. Nihi Foods, Inc. has a principal business address of 45656 Ford Road, Canton, Michigan 48187. Nihi Foods, Inc. does not provide products or services to our franchisees. Our affiliate, Nihi Distributing, Inc., is a wholly-owned subsidiary of ours that is the Designated Supplier for several products required to be used by franchisees in our System, including without limitation, dry ingredients and spice packets and an Approved Supplier for other products required to be used by franchises in our System, including uniforms (if available). Nihi Distributing, Inc. has a principal business address of 6321 Commerce Drive, Westland, Michigan 48185. Nihi Distributing, Inc. does not conduct the type of business being offered to franchisees and does not offer franchises in any line of business. Since 2020, our affiliate, Pizzawala's Franchising, Inc. has offered franchises for the establishment of a Pizzawala's restaurant, a fast-casual restaurant that features carry out authentic Indian pizza with a wide variety of menu items. Pizzawala's Franchising, Inc. has offered franchises since 2020. As of December 31, 2021, Pizzawala's had 1 unit open and operating, which is owned by our affiliate Desi Pizza Curry on Crust, Inc. since 2012.

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FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

5/10

Investment Accessibility

5/10

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $60,000 Maximum: $60,000

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $924,500 Maximum: $1,480,000

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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