Which sections of the Benihana Franchise Agreement specify the franchisee's obligations related to opening the franchise?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 9: FRANCHISEE'S OBLIGATIONS]
| a. | Site selection and acquisition/lease | Article 2 | 7, 8 and 11 |
|---|---|---|---|
| b. | Pre-opening purchases/leases | Articles 2 & 3 | 7 and 8 |
| c. | Site development and other pre-opening requirements | Articles 2, 3 & 5 | 6, 7 and 11 |
| d. | Licenses and Permits | Article 2 & Section 3.17 | 7 |
| f. | Opening | Sections 2.9 - 2.11 | 11 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 33–35)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, Item 9 details the franchisee's obligations under the Franchise Agreement. Specifically, several sections outline the steps and requirements for opening a Benihana franchise. These obligations are further detailed in the agreement and other items in the disclosure document.
Site selection and acquisition/lease obligations are found in Article 2, with additional information in Items 7, 8, and 11 of the disclosure document. Pre-opening purchases and leases are covered in Articles 2 & 3, and Items 7 and 8. Site development and other pre-opening requirements are detailed in Articles 2, 3, & 5, with further elaboration in Items 6, 7, and 11.
Obtaining the necessary licenses and permits is addressed in Article 2 & Section 3.17, and Item 7. The actual opening of the Benihana franchise is discussed in Sections 2.9 - 2.11, with additional details in Item 11. Franchisees should carefully review these sections to understand their responsibilities in preparing for and executing the opening of their Benihana restaurant.