How many total international venues does Benihana manage?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
| STK(1) | Kona Grill | ONE Hospitality(2) | Total | |
|---|---|---|---|---|
| Domestic | ||||
| Owned | 17 | 27 | 2 | 46 |
| Managed | 2 | — | 1 | 3 |
| Licensed | 1 | — | — | 1 |
| Total domestic | 20 | 27 | 3 | 50 |
| International | ||||
| Owned | — | — | 1 | 1 |
| Managed | 4 | — | 4 | 8 |
| Licensed | 4 | — | — | 4 |
| Total international | 8 | — | 5 | 13 |
| Total venues | 28 | 27 | 8 | 63 |
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, the total number of international venues that Benihana manages varies across different excerpts. One excerpt indicates that Benihana manages 12 international venues, broken down as 5 STK venues and 7 ONE Hospitality venues. Another excerpt states that Benihana manages 14 international venues, consisting of 4 STK venues and 10 ONE Hospitality venues. The most recent excerpt shows that Benihana manages 8 international venues, with 4 STK venues and 4 ONE Hospitality venues.
These figures represent venues managed under different concepts including STK, Kona Grill, and ONE Hospitality. It is important to note that the numbers may reflect changes or updates in Benihana's operational structure or reporting over time. The discrepancies could also arise from differing reporting periods or methods used in compiling the data for the FDD.
A prospective franchisee should clarify with Benihana which of these figures is the most current and accurate representation of their international managed venues. Understanding the distribution of these venues across different brands and locations is crucial for assessing the international presence and management capabilities of Benihana. This information will help potential franchisees understand the scope and scale of Benihana's international operations and how their franchise might fit into the broader global strategy.