Nihi Franchising

Item 6

Note 4 You must keep complete and accurate books and records of the operations of your Restaurant in a form acceptable to or designated by us and report financial information to us as we require, in a format that we require.

Item 11

We intend to have independent access to this information, and you consent to such access.

Franchise agreement

You shall submit to us a monthly accounting of Net Sales within ten (10) days of the end of the accounting month and an annual accounting of Net Sales within thirty (30) days after the end of each accounting year.

Item 8

The Designated Supplier for dry ingredients, paper products, spice packs, ice cream, logoed merchandise, and uniforms is our affiliate and wholly owned subsidiary, Nihi Distributing, Inc.

Item 8

We reserve the right to change suppliers of the gift card and guest loyalty programs in our sole discretion.

Item 8

At this time, we derive no revenue or other material consideration from your required purchases or leases, but we reserve the right to do so in the future.

Item 8

During the fiscal year ended December 31, 2024, we received a total of $5,149 in rebates based on required purchases by our franchisees from Ecolab, which accounted for 1.6% of our total revenue of $331,311.

Item 8

Collectively, the purchases and leases described above are about 90% of your overall purchases and leases in establishing the Restaurant and 90% of your overall purchases and leases in operating the Restaurant.

Item 8

You must pay a charge not to exceed the reasonable cost of the inspection and evaluation and the actual cost of the test and approval of the proposed supplier or product.

Item 8

If you want to (i) offer for sale at the Restaurant any brand of product not then-approved by us, (ii) use any brand of food ingredient or other material or supply in the operation of the Restaurant that is not then- approved by us as meeting its minimum specifications and quality standards, or (iii) purchase any…

Item 17

transfer to us all telephone, telecopy, facsimile or other numbers and email addresses, website addresses, domain names, and other electronic media and electronic communication assets

Franchise agreement

You agree to comply with the then-current Payment Card Industry Data Security Standards as those standards may be revised and modified by the PCI Security Standards Council, LLC (see www.pcisecuritystandards.org), or any successor organization or standards that we may reasonably specify.

Item 11

Make periodic visits to your Restaurant, as are reasonably determined to be necessary by us, for consultation, inspections, assistance and guidance.

Item 11

We have the right, in our sole discretion, to modify, change, eliminate, or supplement the Operations Manuals at any time.

Item 11

You must select a location we approve within 6 months after the execution of the Franchise Agreement.

Franchise agreement

You may not maintain a World Wide Web site or otherwise maintain a presence on the internet other than as we provide through our website.

Item 6

We require that you spend $10,000 to $15,000 on Grand Opening Advertising.

Item 11

As a franchisee, you must spend, annually throughout the term of the Franchise Agreement, a minimum of 1% of Net Sales on Local Advertising for the Restaurant in your market.

Item 8

We require that you use our Designated Supplier to implement, on a System-wide basis, our gift card and or other guest loyalty program.

Franchise agreement

If a Cooperative has been established for a geographic area where your Restaurant is located when the Franchise Agreement is signed, or if any Cooperative is established during the term of the Franchise Agreement, you must sign all documents we request and become a member of the Cooperative according to the terms of…

Item 8

You must purchase dry ingredients and spice packets from our Affiliate Designated Supplier.

Item 8

You must purchase dry ingredients and spice packets from our Affiliate Designated Supplier.

Franchise agreement

At all times, you shall maintain credit card relationships with the credit and debit card issuers or sponsors, check or credit verification services, financial center services, and electronic funds transfer systems (together, “Credit Card 15 2025 Franchise Agreement (Standard) Vendors”) that we designate as mandatory.

Item 6

Before Initial Training, you must sign, and deliver to us, the document (Exhibit C of this Disclosure Document) we require to debit the Restaurant’s checking account automatically for all fees due us.

Franchise agreement

Participate in any and all marketing programs we deem necessary for the System, such as, without limitation, a system-wide gift card or guest loyalty program, and pay all costs associated with your implementation of such program;

Franchise agreement

At any time during the Term of this Agreement, you shall have at least four (4) certified Managers eligible to work in your Restaurant.

Franchise agreement

You agree to require all employees to maintain a neat and clean appearance and to conform to the standards of dress and/or uniforms we specify from time to time.

Item 11

We require you to obtain and use in your Restaurant a computer- based point-of-sale (“POS”) cash register system that will provide us independent access to all of your financial information as we implement through our Operations Manuals.

Item 11

We intend to have independent access to this information, and you consent to such access.

Franchise agreement

We may charge you for such additional training.

Item 11

We may organize and implement Franchisee meetings, in various formats, including without limitation, in-person meetings, conference calls, webinars, and webcasts, to which you, your Franchisee Designate, if different from you, managers, or other key employees, as we determine, are required to attend.