Franchise opportunities compared

    Benihana National Corp vs IHOP and International House of Pancakes

    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.

    Initial investment · Item 7

    Benihana National Corp

    $616,000 – $6,250,000

    2024 FDD · Item 7

    IHOP and International House of Pancakes

    Not available

    Initial franchise fee · Item 5

    Benihana National Corp

    $40,000

    2024 FDD · Item 5 · PDF p. 17

    IHOP and International House of Pancakes

    Not available

    Royalty · Item 6

    Benihana National Corp

    5%

    2024 FDD · Item 6 · PDF p. 18

    IHOP and International House of Pancakes

    4.5%

    2026 FDD · Item 6 · PDF p. 19

    Before you compare

    • Benihana National Corp figures come from its 2024 FDD and IHOP and International House of Pancakes figures from its 2026 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 IHOP and International House of Pancakes 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

    IHOP and International House of Pancakes

    Not available
    No reviewed Item 7 total
    Standard initial franchise fee (Item 5)

    Benihana National Corp

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

    IHOP and International House of Pancakes

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Benihana National Corp

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

    IHOP and International House of Pancakes

    4.5%
    OTHER FEES Type of Fee 1 Amount Due Date Remarks Royalty — 4.5%
    2026 FDD · Item 6 · PDF p. 19
    Brand / advertising fund (Item 6)

    Benihana National Corp

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

    IHOP and International House of Pancakes

    3.5%
    revenue from the Restaurant except sales or use tax. National Advertising Fee Up to — 3.5% — 3.5%
    2026 FDD · Item 6 · PDF p. 19

    System scale & health

    Total outlets (Item 20)

    Benihana National Corp

    Not available
    No reviewed outlet counts

    IHOP and International House of Pancakes

    126
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 55
    Net outlet change (Item 20)

    Benihana National Corp

    Not available
    Only one year reported

    IHOP and International House of Pancakes

    +36
    Calculated: 90 at end of 2023 → 126 at end of 2025
    Outlet exits (Item 20)

    Benihana National Corp

    Not available
    No complete exit records for a year

    IHOP and International House of Pancakes

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

    Benihana National Corp

    Not available
    Not in reviewed records

    IHOP and International House of Pancakes

    1960
    From a verified franchisor listing
    Franchisor founded (Item 1)

    Benihana National Corp

    Not available
    Not in reviewed records

    IHOP and International House of Pancakes

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Benihana National Corp

    Not disclosed — no Item 19 financial performance representation

    IHOP and International House of Pancakes
    Locations counted not stated in the reviewed record — Northea stnontraditionalIHOPfranchised
    $1,116,542
    other Northea st 2024
    2026 FDD · Item 19 · PDF p. 54
    Locations counted not stated in the reviewed record — WestnontraditionalIHOPfranchised
    1 restaurants
    other West 2024
    2026 FDD · Item 19 · PDF p. 54
    Locations counted not stated in the reviewed record — SouthnontraditionalIHOPfranchised
    35 percent
    other South 2024
    2026 FDD · Item 19 · PDF p. 54
    +5 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 IHOP and International House of Pancakes: common questions

    How do Benihana National Corp and IHOP and International House of Pancakes royalties compare?
    Benihana National Corp: 5% (2024 FDD · Item 6 · PDF p. 18); IHOP and International House of Pancakes: 4.5% (2026 FDD · Item 6 · PDF p. 19). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Benihana National Corp and IHOP and International House of Pancakes disclose financial performance (Item 19)?
    Benihana National Corp makes no Item 19 financial performance representation; IHOP and International House of Pancakes has reviewed Item 19 figures for 8 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

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