table_specific

Which Benihana STK location includes a licensed rooftop lounge?

Benihana Franchise · 2024 FDD

Answer 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.

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.