Franchise FAQ

how much does a benihana franchise cost

by Dr. Javier Bernhard DVM Published 1 year ago Updated 1 year ago
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How profitable is Benihana?

Benihana peak revenue was $314.0M in 2021.

How much is the Benihana franchise worth?

$5,000,000Benihana expects new franchisees to have a net worth of at least $5,000,000. The ongoing royalty for Benihana is 5%. The lowest you can expect to invest is $50,000 if you want to become a franchisee. New franchisees pay Benihana a franchise fee of $50,000.

Who owns the Benihana franchise?

Angelo GordonIt owns or franchises 116 Japanese-influenced restaurants around the world, including its flagship Benihana Teppanyaki brand, as well as the Haru (fusion cuisine) and RA Sushi restaurants....Benihana.TypePrivateOwnerAngelo GordonNumber of employees5,000DivisionsBenihana, Samurai, Haru, RA SushiWebsitewww.benihana.com11 more rows

Are restaurant franchises profitable?

Everyone thinks they want to own a food franchise. They assume food franchise owners are the biggest moneymakers, but according to a Franchise Business Review report, 51.5 percent of food franchises earn profits of less than $50,000 a year and only about 7 percent of food franchises have profits over $250,000.

What does Benihana mean in Japanese?

red safflowerA red safflower found in the neighbourhood streets gave the Aoki's the inspiration for the restaurant's name; 'Benihana – or 'red flower' in Japanese.

How many Benihana locations are there?

From our beginnings as a family business with one Benihana restaurant in New York to our recognition today as a cultural icon with 77 Benihana restaurants in the United States, Caribbean, and Central and South America, our success continues to be a result of our relationships with our guests, investors and employees.

What is a Benihana chef called?

Named after his parents' Tokyo coffee shop, Benihana opened in 1964, featuring an authentic Japanese farmhouse interior and food prepared on steel teppanyaki grills right in front of customers. His highly trained teppanyaki chefs delighted customers with intricate knife work and theatrics.

How long do Benihana chefs train?

In addition to the 5-week training program, we also provide ongoing chef workshops to continue to enhance your skillset and knowledge.

Is Benihana a successful operation How successful?

Therefore, Benihana hired Japanese chefs who were highly trained and provided them with such an environment that they cooked in front of customer. The restaurant became a great success due to its vision and was able to grow at a very fast rate and expanded into different states of US and some other countries abroad.

Can you get rich owning a franchise?

The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.

What is the most profitable franchise to own in 2022?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

What franchise makes the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

How much is Fogo de Chao?

Fogo de Chao Menu With Prices (Updated: October 2022)FoodPriceFull Churrasco Experience$55.95Market Table And Feijoada Bar$29.95Mango Chilean Sea Bass$42.95Pan Seared Salmon$32.5017 more rows

Is Benihana real Japanese?

Named after his parents' Tokyo coffee shop, Benihana opened in 1964, featuring an authentic Japanese farmhouse interior and food prepared on steel teppanyaki grills right in front of customers.

Is Teppanyaki a franchise?

Basics of Franchising Teppanyaki King Food Cart Teppanyaki King Food Cart is a recognized brand or trademark that can guarantee you with success. Financing that may come from various sectors may be availed easily when putting up a good reputation franchise like Teppanyaki King Food Cart.

What is Benihana's success?

Benihana redefined success when it introduced its totally new concept of "eatertainment" dining to the New York restaurant scene. Over three decades ago Benihana changed the industry and has been tantalizing millions of customers ever since.#N#Benihana, founded by Japanese-born entrepreneur Rocky H. Aoki, began in the U.S. as a Japanese steakhouse unlike any other in the country. Rather than using conventional kitchens, Benihana's highly skilled chefs present and prepare all entrees at a "hibachi" table, around which up to eight guests are seated. A fast-paced performance of chopping and juggling creates an exciting teppanyaki-style dining experience for guests of all ages.#N#The rare longevity of the Benihana concept and product distinguishes this company from the rest of the industry. No other restaurant chain can claim it's as successful. Since 1964, Benihana has offered the same quality of service, the same fresh product and a loyal customer relationship. In fact, the Benihana concept is still growing. Lunchtime business continues to increase, new restaurants are opening every year and the chain is rapidly expanding.#N#The Benihana combination of blending great food and a knife-wielding experience has established the most successful and longest running dinner show on earth. This success did not happen overnight. After working through successes and failures, Benihana found the magic recipe for its continued growth. With the success of Benihana, it was only natural that Rocky would bring new concepts to life.

When did Benihana open?

In 1964 , a small Japanese restaurant opened in New York City, with the goal of introducing teppanyaki style cooking to people around the world. Through its franchise program Benihana has built 25 international franchises together with its sister company Benihana of Tokyo. Agreements have been signed to build more franchise restaurants in the United States and Internationally over next couple of years. Since the Benihana brand name and its trademark holds one of the strongest awareness levels in the restaurant industry, owning a Benihana restaurant can be a very rewarding investment.#N#A large part of the success of the Benihana concept can be attributed to the performance that awaits the millions of guests each year. Served a hibachi style Japanese experience, our guests enjoy the company of friends and family who are celebrating special occasions or just enjoying a fine dining experience. Known as the leading Asian restaurant chain in the country, every aspect of our restaurants accentuates the finest Japanese traditions and culture.

What is Benihana's first resource?

Benihana is the first resource to turn to for help#N#Benihana's corporate staff will provide expert guidance for maximizing sales, profit and operational efficiency in a number of areas. During the start-up phase you will receive assistance in site selection, construction, recruitment and training, implementation of standard operating procedures, sources for supplies and equipment and on-site opening assistance.#N#Although Benihana assumes no direct financial responsibility for real estate, we will provide guidelines and counseling on site selection. Prior to the opening of the restaurant, Benihana will also make available to you its construction staff to assist in the design, planning and installation of your licensed restaurant. However, the construction department will function in a consulting or supervisory capacity only.#N#Receive restaurant operations training#N#As a Benihana licensee, you will receive training in every facet of operations - from product preparation to equipment handling and maintenance, customer service, employee relations and business record keeping. Our training program for chefs consists of a twelve- to sixteen-week program, a portion of which is spent working as a chef in a Benihana restaurant. The chefs are trained in both kitchen and tableside food preparation as applied at Benihana restaurants. Additionally, lectures on general restaurant management and Benihana's specific adaptation are offered. The manager training program is similar, except that the manager is given in-depth exposure to each position in the restaurant from busboy through manager.#N#Benihana's Management Team will provide pre- and post-opening assistance and make periodic inspection tours of your restaurant to insure that established standards and procedures are being utilized to your maximum benefit.#N#Learn how to keep accurate accounting records, it will help you save money#N#Established operating, inventory and financial controls are imperative in the restaurant industry. Benihana provides assistance to you or your accountant in setting up your accounting system. The system established will accommodate the day-to-day procedures covering sales, payroll, customers served, production, cash and petty cash reports as provided in Benihana's operating manual.#N#An operations manual is furnished to each new licensee, which outlines day-to-day procedures, along with specifics of a typical restaurant layout, equipment, construction cost and opening budget.

How many Benihana restaurants are there?

There are 116 Benihana Japanese cuisine restaurants around the world and the brand is planning to expand its reach in more and more places. So if you want to open a Benihana store, then this is how much it will cost you.

How to contact Benihana?

You can also contact the team of Benihana by using the contact form on their website.

What is Benihana's sushi?

Benihana serves one of the best sushi and other Japanese cuisines. Their menu includes family meals, sushi platters, lunch entrées, appetizers, sides, signature hibachi fried rice, ramen, noodles, chicken, steak, seafood, sushi rolls, beverages and much more tasty cuisines. This was just a short overview of their menu.

What do you order at sushi?

If you love to eat sushi can order sushi platters, specialty sushi rolls and sushi combinations. When you visit with your family, try to save some money by ordering their family meals which include sushi and wings for 2, 4, or 6. They also have spicy shrimp, filet mignon, steak & chicken and much more on their family menu.

Why is Benihana so popular?

The reason for the popularity of Benihana is the superior quality of ingredients. While cooking, impressive teppanyaki chefs even entertain you with their impressive knife and cooking skills. But the Benihana menu prices are a little bit expensive than a normal food eatery. You can get a decent meal at Benihana for around $15.

Where is Benihana located?

Benihana is an America-based restaurant chain specializing in Japanese food. The chain was founded by Rocky Aoki in 1954 after he moved from Tokyo to New York after graduating from college. Rocky Aoki opened the first Benihana store in New York City’s West 59th street.

Does Benihana deliver sushi?

They just don’t deliver a meal but an experience that remains with you for a long time. But whenever you plan to visit there, make sure you know about the latest menu. In this article, let’s see their latest menu with prices. Benihana serves one of the best sushi and other Japanese cuisines. Their menu includes family meals, sushi platters, lunch ...

Brand History

The first Benihana restaurant was opened in 1964 in New York City’s West 59th street by Rocky Aoki. After graduating college in Tokyo, Japan he moved to the U.S. with the dream to open his own restaurant.

Our review

An interesting thing about the restaurant is its extensive and delightful dining options, which include California buns, seaweed salad, and salmon sashimi. In addition, the restaurant has different varieties of sushi for your choice and other interesting options.

Benihana FAQs

In general, Benihana restaurants are open from 10:30 a.m. until 11:00 p.m., but it depends on the location. It is recommended to check this on their official website page.

What is the finest Benihana dish to order?

Hibachi Mango Salmon | Hibachi salmon with sweet potatoes and veggies, accompanied by a delectable Asian-inspired mango salsa.

When does the lunch special at Benihana end?

Monday through Friday from 11:30 a. m. to 3 p.m., join us for Express Lunch. In half the time, you may enjoy your favorite Benihana dishes.

Is there a Benihana dress code?

Dress appropriately for the occasion. There is no dress code at the restaurant.

Is Hibachi a pricey dish?

Plan on spending a lot of money on a dinner. The Hibachi restaurants are full of stations where chefs perform as they go from one to the next. The Hibachi restaurant needs employ many chefs to execute since there is so much more to it than a simple dish. The cuisine is more costly than what you’d get at a typical restaurant.

What is the length of time it takes to dine at Benihana?

In any case, supper takes around 90-120 minutes to prepare. They are usually extremely patient and do not hurry you. The service is pleasant and sufficient.

What is the chef’s table at Benihana?

We can only help you through email since The Chef’s Table is an internet marketing campaign. Please send an email to [email protected]benihana.com to contact our customer care staff. We will make every attempt to reply within three business days, but depending on the problem, this may take longer.

Is Benihana a hibachi restaurant?

The United States of America. Hibachi, or “Japanese steakhouses,” are restaurants that serve teppanyaki food. The Benihana restaurant franchise, which established its first location in New York in 1964, made teppanyaki renowned in the United States.

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