Which Benihana STK location is managed at The Cosmopolitan in Las Vegas?

According to Benihana's 2024 Franchise Disclosure Document, the STK location managed by Benihana at The Cosmopolitan is located in Las Vegas, Nevada. This indicates that Benihana manages an STK restaurant within The Cosmopolitan hotel and casino in Las Vegas.

For a prospective franchisee, this information provides insight into the types of locations where Benihana operates STK restaurants. Specifically, it shows that Benihana enters into management agreements with high-profile venues like The Cosmopolitan. This can be seen as a positive sign, suggesting that the Benihana brand is attractive to luxury establishments.

It's important to note that this particular STK location is 'managed,' not owned or licensed. This distinction is crucial because the financial responsibilities and operational control differ significantly under each type of agreement. A managed location typically means Benihana is responsible for the day-to-day operations, while the venue owner retains financial ownership and overall strategic control. Franchisees should investigate the details of managed versus owned or licensed locations to understand the different investment and operational models within the Benihana system.