Neehee’s

Neehee’s

Information based on 2024 FDD

Food & Beverage · Fast Casual

Investment min
$925K
Total: $925K–$1M
Avg gross revenue
$1M
Unit-level, 2024
Franchise fee
$60K
Per current disclosure
Royalty
5%
of gross revenue
Locations
4
Franchising since 2013

Description

What is Neehee’s?

Neehee's represents an innovative entry into the fast-casual dining sector, specializing in authentic Indian vegetarian cuisine that caters to the growing demand for diverse, health-conscious dining options. Since its establishment in 2009, Neehee's has carved out a unique niche in the restaurant industry by combining traditional Indian flavors with modern fast-casual convenience.

The concept stands out for its extensive menu featuring street food favorites, Indo-Chinese fusion dishes, and classic Indian delicacies, all crafted to meet various dietary preferences including vegetarian, vegan, and gluten-free options. What sets Neehee's apart is its commitment to using fresh, high-quality ingredients while maintaining the authentic taste of Indian cuisine in a contemporary dining environment.

Franchise owners benefit from a proven business model that capitalizes on the rising popularity of Indian cuisine and the growing preference for healthier dining options. The brand provides comprehensive training programs, proprietary recipes, and established operational systems to ensure consistency across all locations. Their success is built on a foundation of culinary excellence, efficient operations, and strong customer service.

As a Neehee's franchise owner, you'll be positioned to tap into multiple revenue streams, including dine-in service, takeout, catering, and delivery options. The brand's modern approach to traditional Indian cuisine, combined with its efficient operational model, creates an attractive opportunity for entrepreneurs looking to enter the thriving fast-casual restaurant sector with a distinctive concept that stands out in the market.
  • Premium fast-casual market positioning
  • Above-average revenue performance reported
  • Established 15-year operational history
  • Selective franchise development approach
  • Emerging brand growth opportunity
  • Comprehensive restaurant concept model

Location Analysis

Where Neehee’s wins

Neehee's, a fast-casual restaurant concept established in 2009, maintains a select presence in the United States. The brand has established a distinctive position in the vegetarian fast-casual segment, with their current market presence suggesting a methodical, quality-focused expansion approach rather than aggressive scaling.

Note: While maintaining a focused footprint, the franchise's current presence presents expansion opportunities across multiple untapped markets, particularly in metropolitan areas with diverse populations and strong demand for vegetarian dining options.

Based on general industry trends for similar fast-casual concepts, successful locations typically benefit from positioning in areas with: high-density population centers, strong daytime traffic patterns, proximity to business districts or university campuses, and demographics showing interest in ethnic and vegetarian cuisine. High-visibility locations in retail centers have typically proven successful for similar concepts in this sector.

While the brand's current selective market presence may present certain considerations for potential franchisees, it also offers early-market advantages in many regions. Prospective franchisees should evaluate markets with demonstrated success in similar ethnic fast-casual concepts and established vegetarian dining preferences. The brand's specialized menu and concept provide a distinctive position in the fast-casual segment, potentially offering opportunities in markets where unique dining concepts are well-received.
Total US locations
4
Franchise units
4
Corporate locations
0
Avg. sq. footage
N/A
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Financial Analysis

The numbers behind Neehee’s

Avg gross revenue$1,244,515
Investment range$924,500 – $1,480,000
Investment midpoint$1,202,250
Brand fund3%
Royalty5%
Franchise fee$60,000
Min. net worth
Min. liquid capital
Neehee's requires a substantial investment of $924,500-$1,480,000, positioning it as a premium fast-casual opportunity that significantly exceeds sub-sector averages of $406,514-$894,151. This elevated investment level suggests a comprehensive restaurant buildout including kitchen equipment, interior design, and technology systems typical of upscale fast-casual concepts.

The fast-casual segment continues experiencing robust growth as consumers seek quality dining experiences between traditional fast food and full-service restaurants. However, this market maturity brings intensified competition and higher operational complexity requiring experienced restaurant operators.

With only 4 units since 2009, Neehee's represents an emerging franchise system with limited operational history and market presence. This small footprint may indicate selective growth or market challenges, requiring careful evaluation of the franchisor's expansion strategy and support infrastructure. The reported gross revenue of $1,244,515 exceeds sub-sector averages, though single-unit data requires cautious interpretation.

Ideal investors should possess substantial liquid capital exceeding $500,000 and restaurant industry experience given the operational complexity. The premium investment level demands sophisticated financial planning and potentially multi-unit development strategies to optimize market penetration.

Key considerations include territory availability in an emerging system, franchisor support capabilities with limited unit count, and competitive positioning against established fast-casual brands. Prospective franchisees must thoroughly review the FDD and conduct comprehensive due diligence given the system's early development stage and significant capital requirements.
Did you know? Did you know that launching your own Neehee's frozen yogurt franchise - where customers create their own delicious swirl combinations with endless toppings - requires a total investment between $924,500 and $1,480,000, which covers everything from the $60,000 franchise fee to equipment, buildout, and working capital needed to bring this popular self-serve dessert concept to your community?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$925K–$1M
Most common
$924,500
Minimum
$1,202,250
Midpoint
$1,480,000
Maximum

Per FDD Item 7, total initial investment ranges from $924,500 to $1,480,000. The midpoint $1,202,250 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$2M$2M$1M$800K$400KN/A
$2M
$1M
2022
2023
2024
Avg
$970K
YOY change (2023 -> 2024)
-25%

According to Item 19 of the Franchise Disclosure Document, Neehee’s has an average gross revenue of $1M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

0% YoY
543210
2021
2022
2023
2024
4 units open as of 2024 FDD

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Neehee’s's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Neehee’s franchise typically ranges between $924,500.00 and $1,480,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Neehee’s
Neehee’s
$1M avg revenue · 4+ US franchises

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