How many Benihana outlets were reacquired by the franchisor in 2022?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
TABLE NO. 3 STATUS OF DOMESTIC FRANCHISED OUTLETS FOR FISCAL YEARS 2022-2024**
| 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 | |
| California | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Florida | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 |
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 zero outlets reacquired by Benihana in 2022. This data is based on the table showing the status of company-owned outlets for fiscal year 2022, where the 'Reacquired by Franchisor' column indicates '0' for all states and the total. This means that Benihana did not take back any company-owned locations from franchisees during that year.
This information is relevant for prospective franchisees as it provides insight into the stability and relationship between Benihana and its franchisees. The absence of reacquired outlets could indicate a healthy franchise system where franchisees are generally successful and do not require the franchisor to step in and take over operations.
It is important to note that this data pertains specifically to company-owned outlets and does not include information on franchise terminations or non-renewals, which are separate categories. Reviewing these other categories can provide a more comprehensive understanding of changes within the Benihana franchise system. Additionally, this data only reflects the status of outlets in specific states where Benihana had a presence during the fiscal year.