The vendor opportunity at Hissho International
Hissho International operates 1,955 units, 1,852 of them franchised, in the retail-food segment. Item 19 of the FDD makes no financial performance representation. Franchised outlets grew 8.685% year over year. The filing's mapped operator footprint shows 1,380 operators, including 211 multi-unit operators, across roughly 1,800 located units.
Who controls software purchasing
Hissho International requires franchisees to communicate with headquarters through an @hissho.com email account. CEO Daniel Beem and President and CFO Matthew Wilken are relevant HQ contacts for vendors.
Tech named in the FDD, and what is actually required
Item 11 of the FDD sets Hissho International's technology requirements, including a computer with Microsoft Office and the label printer and tablet Hissho specifies (the Hissho Label System). Item 8 requires franchisees to purchase point-of-sale marketing materials exclusively from Hissho International.
Procurement, renewals, and timing
Item 8 runs an approved-supplier list: sushi products must come only from designated suppliers, most food items must be purchased from Lwin as the sole approved distributor or from another supplier approved in writing, and franchisees may propose an alternate supplier for approval. The initial term runs 3 years, with one additional 3-year renewal available to franchisees in good standing who give 6 months' notice, renovate the location, and pay a renewal fee equal to 50% of the then-current franchise fee.
How to read the Hissho International FDD
The embedded viewer below carries Hissho International's 2022 Franchise Disclosure Document, including the Item 8 and Item 11 language summarized above.
Talk to FranCloud for a ranked list of franchise systems like Hissho International where the technology mandate and procurement structure line up with your product.