What is the location of Deloitte & Touche LLP that performed the Benihana audit?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
/s/ Deloitte & Touche LLP
Denver, Colorado March 16, 2022
We have served as the Company's auditor since 2021.
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, the independent registered public accounting firm Deloitte & Touche LLP, which audited Benihana's financial statements, is located in Denver, Colorado. Their reports are signed and dated from this location.
Specifically, one report is signed and dated March 16, 2022, another is signed and dated March 9, 2023, and a third is signed and dated March 14, 2024, all from Denver, Colorado. These reports are included as part of Benihana's financial reporting and attest to the company's internal controls over financial reporting.
Prospective franchisees should note that the presence of a well-known auditing firm like Deloitte & Touche LLP indicates a level of financial scrutiny and professionalism. However, it is crucial to carefully review the audit reports and any disclosed material weaknesses to fully understand the financial health and internal controls of Benihana.