How many Benihana outlets were operating in Arkansas at the start of 2022?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
| STATE | YEAR | OUTLETS AT START OF YEAR | OUTLETS OPENED | TERMINATIONS | NON- RENEWALS | REACQUIRED BY FRANCHISOR | CEASED OPERATIONS- OTHER REASONS | OUTLETS AT END OF THE YEAR |
|---|---|---|---|---|---|---|---|---|
| Arkansas | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 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 was one outlet operating in Arkansas at the start of 2022. The FDD provides a table that lists the number of outlets at the start of each year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For Arkansas, the table shows that in 2022, there was one outlet at the start of the year, no outlets opened, no terminations, no non-renewals, no outlets reacquired by the franchisor, no outlets that ceased operations for other reasons, and one outlet at the end of the year. This indicates that the number of Benihana restaurants in Arkansas remained constant throughout 2022.
This information is useful for prospective franchisees as it provides insight into the stability and growth of Benihana in specific states. A consistent number of outlets may suggest a stable market presence, while increases or decreases could indicate growth opportunities or potential challenges.