According to Benihana's 2024 Franchise Disclosure Document, the net value of property and equipment as of December 31, 2022, was $94,087. This figure represents the depreciated value of all physical assets owned by Benihana, such as land, buildings, kitchen equipment, and furniture used in their restaurant operations.

For a prospective franchisee, this indicates the scale of investment Benihana has in its physical infrastructure. While franchisees will not directly own these assets, understanding the value of the company's property and equipment can provide insight into the capital intensity of the restaurant business and the level of resources Benihana dedicates to maintaining its establishments.

It's important to note that this value is 'net,' meaning it reflects the original cost of these assets minus accumulated depreciation. Depreciation is an accounting method used to allocate the cost of an asset over its useful life. Therefore, the net value provides a more realistic view of the current worth of these assets. Comparing this figure to previous years, such as the $69,638 in 2021, can reveal trends in Benihana's investment in its physical infrastructure.