According to Benihana's 2024 Franchise Disclosure Document, the total management, license, and incentive fee revenue for the year ending December 31, 2021, was $12,774. This revenue is generated from management services, license-related operations, and incentive fees, and is recognized during the period when the restaurant sales occur.

For a prospective Benihana franchisee, this indicates the revenue that Benihana earns from its managed and licensed locations, separate from the revenue generated by its owned restaurants. This revenue stream is important for Benihana as it reflects the strength and profitability of its franchise and licensing model.

The FDD also provides a comparison to the previous year, 2020, where the management, license, and incentive fee revenue was $5,325. The increase from 2020 to 2021 shows a positive trend in this revenue category for Benihana. This could be due to an increase in the number of managed or licensed locations, improved performance of existing locations, or a combination of both.

It's important to note that these fees are typically based on a percentage of revenue or net profits of the managed or licensed venues. Therefore, the actual amount earned by Benihana will depend on the performance of these individual locations. Additionally, initial licensing fees and upfront fees are recognized over the term of the agreement, which can impact the overall revenue recognized in a given year.