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    Franchise opportunities compared

    Benihana National Corp vs Black Bear Diner

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Benihana National Corp2024 FDDBlack Bear Diner2025 FDD

    Initial investment · Item 7

    Benihana National Corp

    $616,000 – $6,250,000

    2024 FDD · Item 7

    Black Bear Diner

    $1,546,200 – $2,349,000

    2025 FDD · Item 7 · PDF p. 19

    Initial franchise fee · Item 5

    Benihana National Corp

    $40,000

    2024 FDD · Item 5 · PDF p. 17

    Black Bear Diner

    $55,000

    2025 FDD · Item 5 · PDF p. 13

    Royalty · Item 6

    Benihana National Corp

    5%

    2024 FDD · Item 6 · PDF p. 18

    Black Bear Diner

    4.5%

    2025 FDD · Item 6 · PDF p. 14

    Before you compare

    • Benihana National Corp figures come from its 2024 FDD and Black Bear Diner figures from its 2025 FDD, so the years differ.
    • Benihana National Corp discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only Black Bear Diner has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Benihana National Corp

    $616,000 – $6,250,000
    2024 FDD · Item 7

    Black Bear Diner

    $1,546,200 – $2,349,000
    Total Estimated Initial Investment (low)
    2025 FDD · Item 7 · PDF p. 19
    Standard initial franchise fee (Item 5)

    Benihana National Corp

    $40,000
    2024 FDD · Item 5 · PDF p. 17

    Black Bear Diner

    $55,000
    2025 FDD · Item 5 · PDF p. 13
    Royalty (Item 6)

    Benihana National Corp

    5%
    Royalty
    2024 FDD · Item 6 · PDF p. 18

    Black Bear Diner

    4.5%
    Royalty
    2025 FDD · Item 6 · PDF p. 14
    Brand / advertising fund (Item 6)

    Benihana National Corp

    2%
    Advertising Contributions — 2%
    2024 FDD · Item 6 · PDF p. 18

    Black Bear Diner

    1%
    Marketing Fund Contribution — 1%
    2025 FDD · Item 6 · PDF p. 15

    System scale & health

    Total outlets (Item 20)

    Benihana National Corp

    Not available
    No reviewed outlet counts

    Black Bear Diner

    162
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 52
    Net outlet change (Item 20)

    Benihana National Corp

    Not available
    Only one year reported

    Black Bear Diner

    +9
    Calculated: 153 at end of 2022 → 162 at end of 2024
    Outlet exits (Item 20)

    Benihana National Corp

    Not available
    No complete exit records for a year

    Black Bear Diner

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Benihana National Corp

    Not available
    Not in reviewed records

    Black Bear Diner

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Benihana National Corp

    Not available
    Not in reviewed records

    Black Bear Diner

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Benihana National Corp

    Not disclosed — no Item 19 financial performance representation

    Black Bear Diner
    Locations counted not stated in the reviewed record — Company-affiliated restaurants, FY2024 All third group
    $2,785,159
    other Company-affiliated Restaurants Fiscal Year 2024 All third average Gross Sales per Restaurant
    2025 FDD · Item 19 · PDF p. 48
    Locations counted not stated in the reviewed record — Company-affiliated restaurants, FY2024 Top third group
    $3,596,276
    other Company-affiliated Restaurants Fiscal Year 2024 Top third average Gross Sales per Restaurant
    2025 FDD · Item 19 · PDF p. 48
    Locations counted not stated in the reviewed record — Franchised Restaurants, FY2024 All group
    $4,413,004
    other Franchised Restaurants Fiscal Year 2024 highest Gross Sales
    2025 FDD · Item 19 · PDF p. 49
    +24 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Benihana National Corp vs Black Bear Diner: common questions

    Which costs less to open, Benihana National Corp or Black Bear Diner?
    Benihana National Corp: $616,000 – $6,250,000 (2024 FDD · Item 7); Black Bear Diner: $1,546,200 – $2,349,000 (2025 FDD · Item 7 · PDF p. 19). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Benihana National Corp. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Benihana National Corp and Black Bear Diner royalties compare?
    Benihana National Corp: 5% (2024 FDD · Item 6 · PDF p. 18); Black Bear Diner: 4.5% (2025 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Benihana National Corp and Black Bear Diner disclose financial performance (Item 19)?
    Benihana National Corp makes no Item 19 financial performance representation; Black Bear Diner has reviewed Item 19 figures for 27 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full Benihana National Corp report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Black Bear Diner report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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