Benihana National Corp
Franchise research report · reviewed 2024 disclosure data
Researching Benihana National Corp franchise opportunities? Every figure below is cited to the FDD.
Benihana National Corp.
Headline figures
Quick facts
- How much does it cost to open a Benihana National Corp franchise?
- The Benihana National Corp Franchise Disclosure Document reports separate estimated initial investments by format: $3,405,200–$6,250,000 for full-size benihana restaurant: total minimum (2024 FDD, Item 7, PDF p. 21); $616,000–$1,090,000 for concession model benihana restaurant: total minimum (2024 FDD, Item 7, PDF p. 24). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Benihana National Corp initial franchise fee?
- The disclosed initial franchise fee is $40,000 (2024 FDD, Item 5, PDF p. 17). Details
- What ongoing fees does Benihana National Corp charge?
- The disclosed ongoing royalty is $5 (2024 FDD, Item 6, PDF p. 18). The brand or advertising fund contribution is $2 (2024 FDD, Item 6, PDF p. 18). Other recurring fees are listed in Item 6. Details
- Does Benihana National Corp disclose financial performance (Item 19)?
- No. The reviewed Benihana National Corp FDD states that it does not make a financial performance representation in Item 19. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2024 FDD (Item 7) estimates opening costs separately by format: $3,405,200 – $6,250,000 (Full-size BENIHANA Restaurant: Total Minimum); $616,000 – $1,090,000 (Concession Model BENIHANA Restaurant: Total Minimum).
- 2The franchisor makes no financial performance representation in Item 19.
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 2 single-unit formats
2024 FDD · Item 7
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose.
- Concession Model BENIHANA Restaurant: Total MinimumPDF p. 24$616,000 – $1,090,000
- Full-size BENIHANA Restaurant: Total MinimumPDF p. 21$3,405,200 – $6,250,000
Standard single-unit franchise fee
2024 FDD · Item 5 · PDF p. 17
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- RoyaltyMain ongoing fee
12 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
No financial performance representation in Item 19
The reviewed 2024 FDD for Benihana National Corp has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.
Outlet Changes — Item 20
How has the outlet count changed?
Coverage not stated in the reviewed record · counts as of year end of each year.
2024 FDD · Item 20 ·
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2024 Item 7 estimate ($616,000 – $6,250,000) vary most by market, and why?
Benihana National Corp reports no financial performance figures in Item 19. What information can you share about unit-level results?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2024 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 17
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| — | total revenuesMore than one value recorded for this year — open the FDD source before comparing | $316,638 |
| — | total current liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $45,671 |
| — | net incomeMore than one value recorded for this year — open the FDD source before comparing | $13,319 |
| — | total stockholders’ equityMore than one value recorded for this year — open the FDD source before comparing | $69,714 |
| — | cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing | $21,047 |
| — | cash and cash equivalentsMore than one value recorded for this year — open the FDD source before comparing | $55,121 |
| — | total current assetsMore than one value recorded for this year — open the FDD source before comparing | $46,680 |
| — | total current assetsMore than one value recorded for this year — open the FDD source before comparing | $78,536 |
| — | total assetsMore than one value recorded for this year — open the FDD source before comparing | $317,245 |
| — | total assetsMore than one value recorded for this year — open the FDD source before comparing | $291,024 |
| — | total current liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $58,162 |
| — | total liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $249,885 |
| — | total liabilitiesMore than one value recorded for this year — open the FDD source before comparing | $222,434 |
| — | total stockholders’ equityMore than one value recorded for this year — open the FDD source before comparing | $69,176 |
| — | total equityMore than one value recorded for this year — open the FDD source before comparing | $67,360 |
| — | total equityMore than one value recorded for this year — open the FDD source before comparing | $68,590 |
| — | total revenuesMore than one value recorded for this year — open the FDD source before comparing | $332,769 |
| — | operating incomeMore than one value recorded for this year — open the FDD source before comparing | $9,294 |
| — | operating incomeMore than one value recorded for this year — open the FDD source before comparing | $16,306 |
| — | net incomeMore than one value recorded for this year — open the FDD source before comparing | $4,026 |
| — | net cash provided by operating activitiesMore than one value recorded for this year — open the FDD source before comparing | $30,781 |
| — | net cash provided by operating activitiesMore than one value recorded for this year — open the FDD source before comparing | $25,251 |
| — | cash and cash equivalents, end of year | $21,047 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
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At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.