factual

What document is used for the assignment of telephone numbers used in connection with the operation of the Benihana restaurant?

Benihana Franchise · 2024 FDD

Answer from 2024 FDD Document

  • (g) Franchisee shall: (i) at BNC's option, assign to BNC, or its designee, any interest Franchisee has in any lease for the Location and the Restaurant; and (ii) assign to BNC or its designee the telephone numbers used in connection with the operation of the Restaurant by signing a Conditional Assignment of Telephone Numbers substantially in the form attached as Exhibit C hereto.

Franchisee shall complete all forms and approvals and perform all acts reasonably necessary to effectuate such assignments.

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

What This Means (2024 FDD)

According to Benihana's 2024 Franchise Disclosure Document, a Conditional Assignment of Telephone Numbers, substantially in the form attached as Exhibit C, is used to assign the telephone numbers used in connection with the operation of the restaurant to Benihana or its designee.

Upon termination or expiration of the franchise agreement, Benihana requires the franchisee to assign the restaurant's telephone numbers. This ensures that Benihana can maintain continuity of service and customer relationships at the location, even after a change in ownership or management. The franchisee is responsible for completing all necessary forms and approvals to facilitate this assignment.

This requirement is fairly standard in franchising, particularly for restaurant franchises where a local phone number can be an important asset. By controlling the phone number, Benihana can redirect calls, update contact information, and prevent a former franchisee from using the number to divert customers to a competing business. Franchisees should carefully review Exhibit C to understand the specific terms and conditions of the telephone number assignment.

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.