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How many Benihana outlets were operating in Michigan at the start of 2022?

Benihana Franchise · 2024 FDD

Answer from 2024 FDD Document

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 0 0 0 0 1
2024 1 0 0 0 0 1
Arizona 2022 2 0 0 0 0 2
2023 2 0 0 0 0 2
2024 2 0 0 0 0 2
California 2022 15 0 0 0 0 15
2023 15 0 0 0 0 15
2024 15 1 0 0 0 16
Colorado 2022 2 0 0 0 0 2
2023 2 0 0 0 0 2
2024 2 0 0 0 0 2
Florida 2022 10 0 0 0 0 10
2023 10 0 0 0 0 10
2024 10 0 0 0 0 10
Georgia 2022 2 0 0 0 0 2
2023 2 0 0 0 0 2
2024 2 0 0 0 0 2
Illinois 2022 4 0 0 0 0 4
2023 4 0 0 0 0 4
2024 4 0 0 0 0 4
Indiana 2022 1 0 0 0 0 1
2023 1 0 0 0 0 1
2024 1 0 0 0 0 1
Maryland 2022 1 0 0 0 0 1
2023 1 0 0 0 0 1
2024 1 0 0 0 0 1
Michigan 2022 3 0 0 0 0 3
2023 3 0 0 0 0 3
2024 3 0 0 0 0 3
Minnesota 2022 3 0 0 0 0 3
2023 3 0 0 0 0 3
2024 3 0 0 0 0 3
Nevada 2022 1 0 0 0 0 1
2023 1 0 0 0 0 1
2024 1 0 0 0 0 1
New Jersey 2022 2 0 0 0 0 2
2023 2 0 0 0 0 2
2024 2 0 0 0 0 2
New York 2022 3 0 0 0 0 3
2023 3 0 0 0 0 3
2024 3 0 0 0 0 3
Ohio 2022 3 0 0 0 0 3
2023 3 0 0 0 0 3
2024 3 0 0 0 0 3
Oregon 2022 1 0 0 0 0 1
2023 1 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 were 3 Benihana outlets operating in Michigan at the start of 2022. The table provided in Item 20 details the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year for the fiscal years 2022, 2023, and 2024.

For a prospective franchisee, this information is useful in understanding the historical presence and growth of Benihana in Michigan. It shows the stability of the brand in the state, as the number of outlets remained constant from 2022 to 2023 and 2024.

It is important to note that this data reflects franchised outlets only and does not include company-owned restaurants or non-traditional locations such as those in stadiums or arenas. This distinction is crucial for understanding the scope of the franchise data presented in the FDD.

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.