factual

What was the average size of STK restaurants opened in 2023 under Benihana?

Benihana Franchise · 2024 FDD

Answer from 2024 FDD Document

ies. STK artfully blends the modern steakhouse and a chic lounge, offering a high-energy, fine dining experience in a social atmosphere with the quality and service of a traditional upscale steakhouse. Each STK location features a large, open restaurant and bar area with a DJ playing music throughout the restaurant, offering our customers a high-energy, fun "destination" environment that encourages social interaction. We believe this Vibe Dining concept truly differentiates us f

Source: Item 22 — CONTRACTS (FDD pages 73–74)

What This Means (2024 FDD)

The 2024 Franchise Disclosure Document (FDD) for Benihana states that the average size of their STK restaurants is approximately 10,000 square feet. Benihana typically targets locations ranging from 8,000 to 10,000 square feet for these restaurants. This information is relevant for prospective franchisees as it provides a general guideline for the physical space requirements of an STK restaurant.

While the FDD mentions the average and target sizes for STK restaurants, it does not specify the average size of STK restaurants opened specifically in 2023. The document provides the general average size and target range, but it does not break down the sizes of restaurants opened in a particular year.

Therefore, a prospective Benihana franchisee should inquire directly with the franchisor about the specific sizes of STK restaurants opened in 2023 to gain a more accurate understanding of recent location trends. This information could be useful in assessing potential site options and estimating build-out costs.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.