Neehee's franchise
2026 filing · April 30, 2026
Neehee's at a glance
A fast-casual restaurant serving Indian vegetarian food for dine-in and carry-out. At the end of 2025 there were 4 Neehee's locations in the US, all franchised.
The business
- Franchisor
- Nihi Franchising, Inc
- The company that sells the franchises
- Franchising since
- 2013
- 13 years of selling franchises
- Franchisor based in
- Westland, Michigan
- Typical size
- 3,000–6,000 sq ft
What you pay
- Cost to open
- $1.66M–$2.05M
- Fee, build-out and opening working capital
- Franchise fee
- $60,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of weekly net sales plus a 3% marketing fee
- Brand fund
- 3%
- 3% of net sales
- Renewal fee
- $10,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 4
- Franchised and company-owned
- Franchised
- 4
- Company-owned
- 0
- Change in 3 years
- 0
- Franchised locations, 2023–2025
- States
- 3
- Most in Michigan, Illinois and Ohio
From Nihi Franchising, Inc’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Neehee's among all franchises with the same figure.
| Figure | Neehee's | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,857,500 | Costs more than 92% of franchises |
| Franchise feePaid once, when you sign | $60,000 | Higher than 88% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 4 | Fewer than 74% of franchises |
How much a Neehee's franchise costs
Opening one Neehee's costs an estimated $1,662,000 to $2,053,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are building improvements ($850,000 to $1,000,000) and furniture, fixtures, equipment, audio visual and small wares ($600,000 to $675,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $60,000 | ||
| Training Expenses | $15,000 | $25,000 | |
| Rent | $0 | $30,000 | |
| Building Improvements | $850,000 | $1,000,000 | |
| Furniture, Fixtures, Equipment, Audio Visual and Small Wares | $600,000 | $675,000 | |
| Point of Sale System (Electronic Cash Register) | $3,000 | $10,000 | |
| Insurance | $1,500 | $3,000 | |
| Opening Inventory | $10,000 | ||
| Signage | $10,000 | $20,000 | |
| Professional Fees | $50,000 | $100,000 | |
| Uniforms | $2,500 | $5,000 | |
| Grand Opening Advertising | $10,000 | $15,000 | |
| Additional Funds (initial 3-month period) | $50,000 | $100,000 | |
| Total | $1,662,000 | $2,053,000 | |
Source: Nihi Franchising, Inc, 2026 filing, page 19
Neehee's franchise fee
The franchise fee is $60,000. You pay it when you sign the franchise agreement.
Source: Nihi Franchising, Inc, 2026 filing, page 13
Royalty and ongoing fees
| Royalty | 5% of weekly net sales plus a 3% marketing fee. |
|---|---|
| Brand or marketing fund | 3% of net sales. |
| Technology Fee | Our costs; Currently $0 |
| Renewal Fee | $10,000 |
| Local Advertising | Minimum of 1% of Net Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Nihi Franchising, Inc, 2026 filing, page 13
Other fees as filed, from pages 14–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Neehee's does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Nihi Franchising, Inc, 2026 filing, page 52
- Estimate Estimated yearly sales per location
- $1.3M–$2.3M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Neehee's franchisees
Lenders approved 4 SBA 7(a) loans for Neehee's franchisees from 2018 to 2019, $6.85M in all. All 2 that have ended were paid in full; none was charged off. The other 2 haven’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Neehee's | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | 0% / 0% | 0% / +3% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 0% | 2.5% / 13% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical restaurant brand is the median of the 301 brands in restaurant franchises with three years of counts.
How Neehee's compares
Of the 813 restaurant franchises on this site, Neehee's is the 762nd cheapest to open and the 578th largest by number of locations.
| Figure | Neehee's | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $1.66M | $408K | $222K |
| Cost to open, high end | $2.05M | $866K | $477K |
| Franchise fee | $60K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| Brand fund | 3% | 2% | 2% |
| US locations | 4 | 14 | 21 |
| Shares earnings figures | No | 474 of 813 | 2,147 of 3,352 |
Typical is the median across the 813 brands in restaurant franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 4 (0) | 0 | 0 | 0 |
| 2024 | 4 (0) | 0 | 0 | 0 |
| 2025 | 4 (0) | 0 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Nihi Franchising, Inc, 2026 filing, page 53
Where Neehee's locations are
At the end of 2025, Neehee's had franchised locations in 3 states. The most are in Michigan, Illinois and Ohio.
- Michigan2
- Illinois1
- Ohio1
Source: Nihi Franchising, Inc, 2026 filing, page 54
Who owns Neehee's?
Neehee's franchises are sold by Nihi Franchising, Inc. Its filing names no parent company.
From Nihi Franchising, Inc’s 2026 filing, page 9.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Nihi Franchising, Inc, 2026 filing, litigation on page 13, bankruptcy on page 13
Neehee's filings
The figures on this page come from Nihi Franchising, Inc’s 2026 filing, issued April 30, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 30, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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