Verified — real FDD extraction
Not found in the SBA Franchise Directory — SBA financing may be unavailable; verify with your lender
MAI SUSHI BARS
Food & Dining · independent · est. —
Mai Sushi Bars (part of the Hana Group) operates sushi counters, often located inside grocery stores and other host retailers. Staff prepare fresh sushi, rolls, and related items for grab-and-go or made-to-order sale. A franchisee runs one or more in-store sushi kiosks, handling food prep and daily operations.
MAI SUSHI BARS net unit count grew +546.4% from 2022–2025 per its FDD Item 20.
New to franchising? Start here
A franchise is a business where you (the franchisee) pay a company (the franchisor) for the right to open and run a location using their brand and system — think a local Anytime Fitness or Taco John's owned by a small-business owner, not the corporation.
Before you can buy in, U.S. law requires the franchisor to give you a Franchise Disclosure Document (FDD) — a long legal filing covering its fees, finances, and history. The numbers on this page come straight from that document:
- Franchise fee — the one-time cost to buy in.
- Royalty — the ongoing cut of your sales you pay the franchisor.
- Item 20 — how many locations opened and closed, the basis for our verdict (from Proven & strong down to Distressed — or Too new to judge).
The verdict
Proven & steady
Distress
The operating record is solid, but the FDD discloses a bankruptcy history (Item 4) — capped below a full endorsement. The main concern in the record: owners are leaving at a high rate.
Exit rate · latest year
5.1%
vs 8.6% across 137 food & dining systems
Cost to open
$26K–$77K
Item 7 total investment range
SBA loan defaults
No loan record
no SBA 7(a)/504 loans found for this brand
Behind the verdict
the record, factor by factor · Item 20
3-yr trend · Item 20 Table 1
terminations + ceased-ops vs. all exits · Table 3
transfers vs. base · Table 3
actual vs. projected openings · Table 5
Item 19 disclosure + completeness
Systemwide units
2022–2025
Survival record
FDD Item 20 · outlet status by year
In fiscal 2025, 8 of 158 franchised outlets left the system — a 5.1% annualized exit rate, vs 8.6% across 137 food & dining systems. Not every exit is a failure — but this is the measurable floor.
Show the outlet tables ↓Hide the evidence ↑
| Status (FTC) | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Outlets at start | 46 | 286 | 315 | 349 |
| Opened | 15 | 43 | 80 | 20 |
| Transfers | 14 | 5 | 10 | 11 |
| Terminations | 0 | 3 | 1 | 2 |
| Non-renewals | 0 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 2 |
| Ceased — other reasons | 5 | 5 | 12 | 6 |
| Outlets at end | 56 | 315 | 349 | 362 |
| Net change | +10 | +29 | +34 | +13 |
What it costs — and what it drags
FDD Items 5–7 · fees, investment, royalty
Buying in means a $4K franchise fee (Item 5) and a total investment of $26K–$77K (Item 7). The franchisor publishes no earnings claim (Item 19) — ask current and former franchisees for real numbers.
To open (Item 7)
$26K–$77K
all-in investment range
Franchise fee (Item 5)
$4K
upfront, one-time
Royalty (Item 6)
—
of sales, ongoing
Your figure — this brand discloses no Item 19 earnings; validate with current & former owners.
Royalty you'd pay / yr
$0
0% of sales, before profit
Over a 10-yr term
$0
royalties alone, excl. ad fund
This is not profit. It's the only money the FDD actually pins down — what you put in, and the royalty you owe on every dollar of sales. Your real take-home depends on labor, rent, food cost, and ramp-to-breakeven, none of which any FDD discloses.
Build a real pro-forma for MAI SUSHI BARS with an independent CPADistress signals
news-sourced · bankruptcies, closures, lawsuits
No recent closures, bankruptcies, or major lawsuits found in the news for MAI SUSHI BARS. That's a good sign — but it reflects news coverage, not a guarantee.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing MAI SUSHI BARS's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →MAI SUSHI BARS franchise questions, answered from the filings
What percentage of MAI SUSHI BARS franchises closed last year?
In MAI SUSHI BARS's latest FDD Item 20 (fiscal 2025), 8 of 158 franchised outlets left the system — an annualized exit rate of 5.1% — compared with 8.6% across 137 food & dining systems tracked here. That counts terminations, non-renewals, and "ceased operations — other reasons." There is no official failure rate, and not every exit is a failure, but this is the measurable floor.
How much does a MAI SUSHI BARS franchise cost?
Per MAI SUSHI BARS's 2025 FDD, buying in requires an initial franchise fee of $4K (Item 5) and a total initial investment of $26K–$77K (Item 7).
Does MAI SUSHI BARS disclose earnings (Item 19)?
No — MAI SUSHI BARS's 2025 FDD makes no financial performance representation in Item 19. That is legal and common, but it means the franchisor publishes no earnings claim; ask current franchisees for real numbers.