table_specific

How many domestic Kona Grill venues are owned by Benihana?

Benihana Franchise · 2024 FDD

Answer from 2024 FDD Document

STK (1) Kona Grill ONE Hospitality (2)
Domestic
Owned 11 24 2
Managed 2 _ 1
Licensed 1 _ _
STK(1) Kona Grill ONE Hospitality(2)
Domestic
Owned 11 24 2
STK(1) Kona Grill ONE Hospitality(2)
Domestic
Owned 17 27 2
STK (1) Kona Grill ONE Hospitality (2)
Domestic
Owned 13 25 2
STK(1) Kona Grill ONE Hospitality(2)
Domestic
Owned 13 25 2

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

What This Means (2024 FDD)

According to Benihana's 2024 Franchise Disclosure Document, the number of domestic Kona Grill venues owned by Benihana varies depending on which table is referenced. One table indicates that Benihana owns 24 domestic Kona Grill venues. However, another table states that Benihana owns 25 domestic Kona Grill venues. Finally, a third table indicates that Benihana owns 27 domestic Kona Grill venues.

These figures represent the number of Kona Grill restaurants that Benihana directly owns and operates within the United States. This is a key factor for prospective franchisees to consider, as it reflects the scale of Benihana's corporate-owned operations and its investment in the Kona Grill brand. The discrepancy in numbers may be due to the timing of the data collection or changes in ownership status during the year the FDD covers.

It is important for potential franchisees to understand the distinction between company-owned, managed, and licensed venues, as this can impact the level of support and brand consistency they can expect. The FDD also lists the specific locations of many of the Kona Grill venues that are owned by Benihana. A prospective franchisee should clarify with Benihana the exact number of company-owned Kona Grill locations and understand any recent changes in venue ownership or management.

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.