Neehee's is a fast-casual restaurant specializing in authentic Indian vegetarian cuisine. The franchise offers a wide variety of dishes made with local ingredients and exceptional customer service.
Key Insights
- Neehee's developed through years of hands-on experience that revealed specific opportunities for improvement within the industry, resulting in innovative solutions that address common challenges while creating new possibilities for growth and customer satisfaction.
- Operational efficiency streamlines processes and reduces costs while maintaining the quality and attention to detail that builds reputation and customer satisfaction, utilizing technology and proven methods to maximize value while ensuring consistent service delivery.
- Urbanization patterns increase demand for convenient services that save time and effort for busy consumers, creating opportunities for businesses that can provide efficient, reliable service delivery while maintaining quality standards and customer satisfaction.
Franchise Fee and Costs to Open
Exploring the financial picture of Neehee's gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $924,500 - $1,478,000, along with a franchise fee of $60,000 - $60,000.
Financial Performance and Revenue
Yearly gross sales of $1,292,972 and estimated earnings of $155,157 - $193,946 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 7.4-9.4 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Cookie Co provides comprehensive training for new franchisees. This initial training, lasting two weeks, takes place at Cookie Co's corporate location. The franchisor offers extensive resources and a detailed operations manual. Cookie Co recommends utilizing these materials to establish a strong foundation for their cookie business.
Legal Considerations
Legal considerations for a Neehee's franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee might consider the local market's competitive landscape, assessing how existing dessert shops or bakeries could impact customer traffic. Operational complexity, including managing inventory, staffing, and maintaining brand standards for product consistency, presents another area of focus. Furthermore, reliance on specific supply chains for unique ingredients or specialized equipment requires careful planning to ensure uninterrupted operations and product quality.
Franchise Datasheet
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