Franchise opportunities compared
Benihana National Corp vs BP Smokehouse
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 BP Smokehouse figures from its 2026 FDD, so the years differ.
- Benihana National Corp and BP Smokehouse disclose more than one business format, so the investment range spans formats; the full report breaks them out.
- Only BP Smokehouse has reviewed Item 19 figures here.
| Disclosure |  Benihana National Corp | BSBP Smokehouse |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $616,000 – $6,250,000 2024 FDD · Item 7 | $418,250 – $861,100 2026 FDD · Item 7 |
| Standard initial franchise fee (Item 5) | $40,000 2024 FDD · Item 5 · PDF p. 17 | Not available No single standard fee identified |
| Royalty (Item 6) | $5.00 Royalty 2024 FDD · Item 6 · PDF p. 18 | $5.00 Royalty 2026 FDD · Item 6 · PDF p. 11 |
| Brand / advertising fund (Item 6) | $2.00 Advertising Contributions 2024 FDD · Item 6 · PDF p. 18 | $1.00 Marketing fund 2026 FDD · Item 6 · PDF p. 11 |
| System scale & health | ||
| Total outlets (Item 20) | Not available No reviewed outlet counts | 1 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 43 |
| Net outlet change (Item 20) | Not available Only one year reported | +0 Calculated: 1 at end of 2023 → 1 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 $30,206 other Imputed royalty fees · 2026 FDD · Item 19 · PDF p. 42 |
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.