Franchise opportunities compared
Benihana National Corp vs Bonchon Business and Restaurant
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.
Before you compare
- Benihana National Corp figures come from its 2024 FDD and Bonchon Business and Restaurant figures from its 2026 FDD, so the years differ.
- Benihana National Corp and Bonchon Business and Restaurant disclose more than one business format, so the investment range spans formats; the full report breaks them out.
- Only Bonchon Business and Restaurant has reviewed Item 19 figures here.
| Disclosure |  Benihana National Corp | BBBonchon Business and Restaurant |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $616,000 – $6,250,000 2024 FDD · Item 7 | $47,000 – $1,000,886 2026 FDD · Item 7 |
| Standard initial franchise fee (Item 5) | $40,000 2024 FDD · Item 5 · PDF p. 17 | $35,000 2026 FDD · Item 5 · PDF p. 12 |
| Royalty (Item 6) | $5.00 Royalty 2024 FDD · Item 6 · PDF p. 18 | $5.00 full 12 months of operations, after which the weekly Continuing Royalty rate will be — 5% 2026 FDD · Item 6 · PDF p. 13 |
| Brand / advertising fund (Item 6) | $2.00 Advertising Contributions 2024 FDD · Item 6 · PDF p. 18 | $4.00 n Franchise Agreement, Section 5.05. See Note 1 System Brand Fund Contribution Up to — 4% 2026 FDD · Item 6 · PDF p. 14 |
| System scale & health | ||
| Total outlets (Item 20) | Not available No reviewed outlet counts | 296 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 87 |
| Net outlet change (Item 20) | Not available Only one year reported | +42 Calculated: 254 at end of 2023 → 296 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Not disclosed — no Item 19 financial performance representation | Locations counted not stated in the reviewed record — Mature Delivery and Carryout Only restaurants $1,403,312 other Highest gross revenues · 2026 FDD · Item 19 · PDF p. 84 Locations counted not stated in the reviewed record — Mature Dine-In restaurants $1,595,312 other annual gross revenues · 2026 FDD · Item 19 · PDF p. 84 Locations counted not stated in the reviewed record — Fast Casual lowest 25% 50 percent other ine-In Quartile Restaurants”). Of the 24 Lowest Dine-In Quartile Restaurants, 12 · 2026 FDD · Item 19 · PDF p. 86 +27 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.