What was the net cash provided by operating activities for Benihana in 2023?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
ed on sales, as well as other expenses related to the leases such as our pro-rata share of common area maintenance, property tax and insurance expenses. Many of our lease arrangements include the opportunity to secure tenant improvement allowances to partially offset the cost of developin
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 2023 was $30.781 million. This can be compared to the $25.251 million for 2022.
This metric reflects the cash Benihana generated from its core business operations, excluding cash flows from investing and financing activities. A positive value indicates that Benihana's operations are a source of cash, which can be used for investments, debt repayment, or other business purposes.
Prospective franchisees should consider this information in the context of Benihana's overall financial performance and trends. Understanding the factors that influence operating cash flow, such as changes in accounts payable and accrued expenses, can provide insights into the company's financial management and stability.