How many Benihana outlets were located in Illinois at the end of 2022?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
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TABLE NO. 4 STATUS OF COMPANY OWNED OUTLETS FOR FISCAL YEARS 2022-2024
| STATE | YEAR | OUTLETS AT START OF YEAR | OUTLETS OPENED | OUTLETS REACQUIRED FROM FRANCHISEES | OUTLETS CLOSED | OUTLETS SOLD TO FRANCHISEES | OUTLETS AT END OF THE YEAR |
|---|---|---|---|---|---|---|---|
| Alaska | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION LIST OF OUTLETS (FDD pages 67–72)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, there were 4 company-owned Benihana outlets in Illinois at the end of 2022. The provided table details the status of company-owned outlets for fiscal years 2022-2024, showing the number of outlets at the start of the year, any openings, re acquisitions, closures, or sales, and the number of outlets at the end of the year.
For a prospective franchisee, this information is useful for understanding Benihana's presence and stability in Illinois. The fact that the number of outlets remained constant from 2022 through 2024 suggests a stable market presence. This could indicate a well-established brand with consistent performance in the state.
It's important to note that these figures only reflect company-owned outlets and do not include any franchised locations. A potential franchisee should also investigate the performance of these existing locations and the overall market conditions in Illinois to assess the viability of opening a new Benihana franchise. Further research into local competition and demographic data would also be beneficial.