About Mai Sushi Bars Franchise
Mai Sushi Bars is a sushi restaurant franchise that has been franchising since 2015, backed by Hana Group US, LLC.
The brand operates sushi bars and Japanese food service locations, often within grocery stores, food courts, and retail environments, bringing fresh sushi and Japanese cuisine to consumers in convenient everyday settings.
The franchise fee ranges from $3,500 to $4,500, making it one of the most accessible sushi franchise opportunities on the market.
Mai Sushi Bars Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $3,500 - $4,500 | One-time payment upon signing |
| Royalty Fee | A percentage of Gross Sales equal to 40% less the applicable Retail Commission rate (i.e. net Royalty fees typically range from 12% to 20% of Gross Sales). of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 1% of Gross Sales (Brand Fund Contribution); 1% of Gross Sales (Local Advertising Marketing and Promotional Expenditures) | National brand fund |
| Total Investment Range | $42,170 – $105,200 | Includes build-out, inventory, working capital |
The investment range of $42K–$105K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (A percentage of Gross Sales equal to 40% less the applicable Retail Commission rate (i.e. net Royalty fees typically range from 12% to 20% of Gross Sales).) and marketing fee (Up to 1% of Gross Sales (Brand Fund Contribution); 1% of Gross Sales (Local Advertising Marketing and Promotional Expenditures)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $3,500 | $4,500 |
| Computer, Office Supplies, Equipment and Fixtures | $6,100 | $16,500 |
| Advertising, Marketing and Promotional Materials and Signage | $500 | $1,500 |
| Opening Inventory and Smallwares | $7,500 | $20,000 |
| Initial Training Fees | $2,000 | $6,000 |
| ServSafe Training | $100 | $1,500 |
| Pre-opening Travel Expense | $0 | $1,500 |
| Insurance Deposits and Premiums | $500 | $1,500 |
| Pre-opening Labor | $1,000 | $2,500 |
| Professional Fees | $2,500 | $3,000 |
| Business Permits and Licenses | $350 | $1,500 |
| Credit and Criminal Background Check | $120 | $200 |
| Additional funds – 3 Months | $18,000 | $45,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $1,500 |
| Renewal Fee | $2,500 or $3,500 (Successor Agreement Fee) |
| Audit Fee | $500 per product item plus costs and expenses (Testing or Supplier Approval Fee); Costs and expenses (Accounting Fee); $185 per quarterly audit, plus $150 training fee (Food Safety Audit Fees) |
| Interest | 8% per year or highest rate allowed by law. |
| Late Fee | $25 per day. |
| Legal fees and expenses | All costs and expenses, including but not limited to attorneys’ fees for any failure to pay amounts when due or failure to comply in any way with the Franchise Agreement. |
| Indemnification | The amount of any claim, liability or loss we incur from your Franchised Business. |
| Reimbursement of Costs and Expenses | Costs and expenses. |
| Confidential Operating Manual Replacement Fee | $250. |
| Post-Termination or Post-Expiration Expenses | Costs and expenses. |
| ServSafe Training | $100 to $300 per person; $50 per person re-testing fee. |
| Management Fee | 5% of Gross Sales for the period in which we operate the Franchised Business plus expenses. |
| Test Marketing | Your actual costs and expenses, which are estimated to be $1,000. |
| Liquidated Damages | Actual number of months remaining in term of Franchise Agreement times the monthly average amount of Royalties, Brand Fund Contributions (if any) and other fees owed by you during the 12 months prior to termination (or the entire term if less than 12 months) based on your actual Gross Sales, reduced by a present value discount of 8% |
| Credit and Criminal Background Check Fee | $120 - $200 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | approximately five (5) to twelve (12) days |
| Classroom Training | 16 |
| On-the-Job Training | 40-96 |
| Training Location | New York, NY, unless otherwise agreed or designated |
| Additional Training | We may offer and/or require that you or your Operating Principal and/or previously trained managers, employees and/or owners attend and complete additional training courses that we either periodically choose to provide or otherwise may require, at the times and locations that we designate. You must pay to us, for each person attending such additional training, the training fee then charged by us, plus our costs and expenses (including travel and lodging costs for our personnel if such additional training is provided on location). The current supplemental training fee is $500 per day, plus our costs and expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | The minimum territory granted to you will be the Retail Location in which your Mai Sushi Bar is located. |
| Description | You may face competition from other franchisees, from outlets that we own, or from other channels of distribution or competitive brands that we control. The location of your Mai Sushi Bar will be based upon relevant factors and typically set within an existing Retail Location, considering size of sushi bar, sales volume, delicatessen operations, traffic, population and other characteristics. We reserve all rights not specifically granted to you, including selling products and enfranchising others at any location, and developing co-branding programs. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | Three (3) or five (5) years |
| Renewal Term | one additional consecutive three (3) or five (5) year term |
| Renewal Fee | $2,500 or $3,500 (Successor Agreement Fee) |
| Renewal Conditions | Franchisor must be offering a franchise for the Retail Location; Franchisee must have substantially complied with terms; Franchisee must execute then-current franchise agreement (may have materially different terms); Franchisee must bring Franchised Business into full compliance with current standards (upgrading Mai Sushi Bar, equipment, computer system); Franchisee must meet new current training requirements; Franchisee must have satisfied all monetary obligations to franchisor, affiliates, and suppliers; Franchisee and Owners execute a General Release; Franchisee notifies franchisor of desire to renew 2-6 months before expiration; Franchisee maintains all relevant licenses/permits; Franchisor must possess right to operate at Retail Location; Franchisee pays successor agreement fee. |
| Transfer Fee | $1,500 |
| Transfer Conditions | Franchisee must notify Franchisor in writing of proposed transfer; Transferee must have sufficient business experience, aptitude, financial resources, and meet current standards; Franchisee must have paid all amounts owed, submitted reports, cured all breaches, and satisfied all obligations; Transferee/owners/affiliates must not have ownership interest in a competing business; Transferee (or operating principal) and required personnel complete Initial Training Program and ServSafe; Retail Operator consents; Transferee executes then-current franchise agreement and pays current franchise fee; Transferee acknowledges no representations not in FDD; Franchisee/transferee pays transfer fee; Franchisee/Owners sign General Release; Franchisor determines terms of transfer will not adversely affect business; If financed, obligations subordinate to franchisor; Transferee will not identify as Mai franchisee; Transferee complies with other transfer requirements; Franchisor determines terms are substantially same as first refusal offer; Transferee signs personal guarantees; Transferee passes credit/criminal background check; Transfer includes all Mai Satellite Sushi Bars. No transfer permitted within first two years. |
| Termination for Cause | Breach of any material and essential obligation; default under Franchise Agreement or any other agreement with franchisor, affiliates or suppliers. Specific curable defaults (10-day notice) include: failure to maintain insurance, licenses/certificates, non-payment, failure to provide reports, failure to transfer upon death/disability, failure to open/operate on time, failure to complete training/background check, abandonment, failure to remodel, failure to comply with laws, failure to meet other obligations, default in other agreements, refusal to operate Mai Satellite Sushi Bar, underreporting Gross Sales, food safety audit failure. Non-curable defaults (immediate termination) include: material false statements, unauthorized business activity, felony conviction, dishonest/unethical conduct, failure to pay taxes, repeated defaults, insolvency/bankruptcy, operating at public safety risk, breach of proprietary information, unauthorized transfer/relocation, failure to follow recipes/use required ingredients. |
| Non-Compete Period | during the term of this Agreement and for an uninterrupted period of two (2) years after the later of: (i) the termination or expiration of this Agreement; (ii) the Transfer of the franchise; or (iii) the date of a final non-appealable judgment or order of any court, arbitrator, panel of arbitrators or tribunal that enforces this Section 8.1 |
| Non-Compete Details | Prohibited from directly or indirectly diverting business/customers, employing franchisor/franchisee personnel, or having interest in/rendering services to a Competitive Business. Post-termination restrictions apply at the location of the Mai Sushi Bar/Satellite Sushi Bar, and within ten (10) miles of any Mai Sushi Bar/Satellite Sushi Bar (franchisee's or franchisor/affiliate/other franchisee owned/developed) at termination/expiration/transfer/judgment date. Also, for two years post-term, cannot sell/assign/lease/transfer the Retail Location to anyone intending to operate a Competitive Business. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | We require that you or your Operating Principal personally supervise the day-to-day activities of the Franchised Business for a period of no less than thirty-six (36) hours per week. During all other times or if we permit you to not personally supervise, you must employ a full-time manager responsible for on-premises supervision. Any supervisor must complete Initial Training Program and required supplemental training. All employees, including managers, must complete ServSafe training program. |
| Required Suppliers | Our affiliate, GHG Logistics, LLC is currently the exclusive Supplier of raw and cooked food items, packaged food items, grains, supplies, condiments, utensils and other items. |
| Supply Restrictions | You must obtain all goods, services, supplies, materials, fixtures, furnishings, equipment (including computer hardware and software) and other products used only from our designated or approved suppliers, vendors, manufacturers, printers, contractors, and distributors (“Suppliers”), including an affiliated entity or us who demonstrate to our continuing reasonable satisfaction, the ability to meet our then-current standards. |
| Franchisor Revenue from Suppliers | For the fiscal year ended June 30, 2021, our total revenue was $805,325. Our total revenue from purchases or leases of products or services required to be made by franchisees was $98,577, or 12.24% of our total revenues. GHG Logistics, LLC received revenues from such purchases by franchisees in an amount equal to $1,092,234. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | Yes |
| Description | We offer financing for the opening inventory of food items, smallwares, uniforms and supplies. You may pay for Opening Inventory and Smallwares in a lump sum or in three equal monthly installments. We charge an 8% interest rate if you pay the opening inventory in installments. To secure repayment, you grant us or our affiliate a security interest in the inventory, operating assets, and all other assets and proceeds. If you are an entity, each shareholder, partner or member and their respective spouses must personally guarantee such financing. |
Mai Sushi Bars Franchise Earnings — Item 19
Mai Sushi Bars does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Mai Sushi Bars Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Mai Sushi Bars System Growth
Mai Sushi Bars currently operates 44 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 6 | 0 | 14 |
| 2020 | 45 | 11 | 46 |
| 2021 | 1 | 1 | 44 |
Transfers: 1 | Closures: 12
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by Citrin Cooperman & Company, LLP for year ending June 30.
Mai Sushi Bars Franchise — FAQ
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