Franchise opportunities compared

    Benihana National Corp vs Spitz Radwick Franchising LLC

    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

    Spitz Radwick Franchising LLC

    $1,168,500 – $9,290,400

    2026 FDD · Item 7 · PDF p. 24

    Initial franchise fee · Item 5

    Benihana National Corp

    $40,000

    2024 FDD · Item 5 · PDF p. 17

    Spitz Radwick Franchising LLC

    $35,000

    2026 FDD · Item 5 · PDF p. 12

    Royalty · Item 6

    Benihana National Corp

    5%

    2024 FDD · Item 6 · PDF p. 18

    Spitz Radwick Franchising LLC

    6%

    2026 FDD · Item 6 · PDF p. 14

    Before you compare

    • Benihana National Corp figures come from its 2024 FDD and Spitz Radwick Franchising LLC 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 Spitz Radwick Franchising LLC 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

    Spitz Radwick Franchising LLC

    $1,168,500 – $9,290,400
    Cash As Incurred Approved Suppliers & Employees Grand Total 14 (low end)
    2026 FDD · Item 7 · PDF p. 24
    Standard initial franchise fee (Item 5)

    Benihana National Corp

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

    Spitz Radwick Franchising LLC

    $35,000
    2026 FDD · Item 5 · PDF p. 12
    Royalty (Item 6)

    Benihana National Corp

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

    Spitz Radwick Franchising LLC

    6%
    Royalty Fee rate
    2026 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

    Spitz Radwick Franchising LLC

    2%
    Marketing Fund Fee maximum — 2%
    2026 FDD · Item 6 · PDF p. 14

    System scale & health

    Total outlets (Item 20)

    Benihana National Corp

    Not available
    No reviewed outlet counts

    Spitz Radwick Franchising LLC

    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)

    Benihana National Corp

    Not available
    Only one year reported

    Spitz Radwick Franchising LLC

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Benihana National Corp

    Not available
    No complete exit records for a year

    Spitz Radwick Franchising LLC

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

    Benihana National Corp

    Not available
    Not in reviewed records

    Spitz Radwick Franchising LLC

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

    Benihana National Corp

    Not available
    Not in reviewed records

    Spitz Radwick Franchising LLC

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Benihana National Corp

    Not disclosed — no Item 19 financial performance representation

    Spitz Radwick Franchising LLC
    Locations counted not stated in the reviewed record — 21 franchised Spitz Restaurants reporting complete financial performance inform…
    $1,715,617
    other Table 1 average Gross Revenues
    2026 FDD · Item 19 · PDF p. 66
    Locations counted not stated in the reviewed record — Four affiliate-owned Spitz Restaurants for Jan. 1–Dec. 31, 2025; all four were…
    $685,359
    other Table 2 average Other Costs
    2026 FDD · Item 19 · PDF p. 66

    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 Spitz Radwick Franchising LLC: common questions

    Which costs less to open, Benihana National Corp or Spitz Radwick Franchising LLC?
    Benihana National Corp: $616,000 – $6,250,000 (2024 FDD · Item 7); Spitz Radwick Franchising LLC: $1,168,500 – $9,290,400 (2026 FDD · Item 7 · PDF p. 24). 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 Spitz Radwick Franchising LLC royalties compare?
    Benihana National Corp: 5% (2024 FDD · Item 6 · PDF p. 18); Spitz Radwick Franchising LLC: 6% (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Benihana National Corp and Spitz Radwick Franchising LLC disclose financial performance (Item 19)?
    Benihana National Corp makes no Item 19 financial performance representation; Spitz Radwick Franchising LLC has reviewed Item 19 figures for 2 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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