We want veterans!
At Hissho, we are strategic and passionate about our franchise partnerships, specifically with military veterans and the opportunities they bring to their local communities.
Program Benefits:
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Alignment with a sophisticated operator to help us build out our nontraditional space
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Long term relationship with a spirit of partnership
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On next 3 “Ready-to-Own” locations:
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Waived Franchise Fee ($20,000)
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3% Royalty in perpetuity
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50% backstop on initial investment
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Scalability of business with multi-brand offering (e.g. pizza)
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Locations on military bases heavy foot traffic / captured audience
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10 Year sublease terms with two 5-year options
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BanCorp to secure a preferred lending program
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15 to 30 day Close of Escrow
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The Vehicle is a SBA 7(a) Loan
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Franchisee has a 15% equity injection requirement
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The term is 10 years, fully amortized
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There will be two options for rates
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Floating Rate is Prime +2.25%
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Fixed Rate is Prime +2.75%
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