Which Benihana STK location includes a licensed rooftop lounge?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
(1) Locations with an STK and STK Rooftop are considered one venue location. This includes the STK Rooftop in San Diego, CA, which is a licensed location.
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, STK locations that include a rooftop lounge are considered one venue. The STK Rooftop in San Diego, CA, is specifically identified as a licensed location. This means that Benihana has granted a third party the right to operate an STK restaurant with a rooftop lounge at that location.
For a prospective franchisee, this information is relevant in understanding the different operational models Benihana employs: owned, managed, and licensed. The San Diego STK Rooftop example illustrates that licensing is a viable option for certain locations. This may influence a franchisee's decision to pursue a location with unique features like a rooftop lounge, knowing that licensing agreements are possible.
It's important to note that the document also mentions other venue brands and concepts managed or licensed by Benihana, indicating a broader strategy of expanding through various operational models. Franchisees should inquire about the specific terms and conditions of licensing agreements, as these can differ significantly from traditional franchise agreements.