How many managed ONE Hospitality venues does Benihana have internationally?

According to Benihana's 2024 Franchise Disclosure Document, the company has 7 managed ONE Hospitality venues internationally. The ONE Hospitality platform includes F&B hospitality management agreements with hotels, casinos, and other high-end locations, as well as other venue brands. These venues operate under management agreements, meaning Benihana is responsible for the day-to-day operations but does not own them.

For a prospective franchisee, this indicates that Benihana has an established presence in international markets through managed venues. This could provide opportunities for franchisees to learn from and potentially collaborate with these existing international operations. It also demonstrates Benihana's experience in navigating the complexities of managing hospitality venues in different countries.

It's important to note that the success of these managed venues can be influenced by various factors, including local market conditions, competition, and the specific terms of the management agreements. Franchisees should carefully consider these factors when evaluating the potential risks and rewards of investing in a Benihana franchise, especially if they are interested in international opportunities.

Prospective franchisees should inquire about the performance and financial details of these managed international ONE Hospitality venues to gain a better understanding of their operational dynamics and profitability. Understanding the specific terms and conditions of the management agreements, as well as the support and resources Benihana provides to these venues, is also crucial for making an informed investment decision.