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What was the net cash provided by operating activities for Benihana in 2022?

Benihana Franchise · 2024 FDD

Answer from 2024 FDD Document

he year ended December 31,
2022 2021
Net cash provided by (used in):
Operating activities $ 25,251 $ 30,966
Investing activities (32,629) (11,467)
Fina

Source: Item 22 — CONTRACTS (FDD pages 73–74)

What This Means (2024 FDD)

According to Benihana's 2024 Franchise Disclosure Document, the net cash provided by operating activities in 2022 was $25.3 million. This is less than the $31.0 million for 2021. The decrease in net cash from operating activities is primarily attributed to payments on accrued expenses, which were partially offset by collections on accounts receivable.

Net cash from operating activities reflects the cash generated from Benihana's core business operations. It is an indicator of the company's ability to fund its ongoing expenses and investments. For a prospective franchisee, a positive and stable trend in net cash from operating activities suggests that the Benihana franchise system is healthy and capable of supporting its franchisees.

However, it is important to note that this figure can be influenced by various factors, including changes in accounts receivable, accounts payable, and accrued expenses. Therefore, prospective franchisees should review the complete financial statements and related notes to gain a comprehensive understanding of Benihana's financial performance and cash flow dynamics.

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.