How many Non-Traditional Locations for Benihana are in operation as of the date of this Disclosure Document?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
We have entered into agreements with licensees and concessionaires for the operation of BENIHANA® branded facilities in non-traditional venues such as sports stadiums, arenas, shopping centers with limited menu offerings and no catering or delivery outside of the venue ("Non-Traditional Locations"). As of the date of this Disclosure Document, there are five Non-Traditional Locations in operation in stadiums and arenas the United States. We also have signed two other franchise agreements for a "Concession Model" location at retail and entertainment venues in Miami, Florida, as more fully described below, and we may continue to offer such franchise opportunities in the future.
Source: Item 1 — THE FRANCHISOR, ITS PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–12)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, as of the date of the document, there are five Non-Traditional Locations in operation within the United States. These locations are situated in venues such as stadiums and arenas. These Non-Traditional Locations are defined as BENIHANA® branded facilities in non-traditional venues such as sports stadiums, arenas, shopping centers with limited menu offerings and no catering or delivery outside of the venue.
Additionally, Benihana has signed two franchise agreements for a "Concession Model" location at retail and entertainment venues in Miami, Florida. The document indicates that Benihana may continue to offer such franchise opportunities in the future.
Prospective franchisees should note that the success and operational characteristics of these Non-Traditional Locations may differ significantly from traditional Benihana restaurants due to the limited menu offerings and venue-specific constraints.