What was the total amount of owned restaurant net revenue for Benihana in 2022?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
interested parties to evaluate companies in our industry. We use Adjusted EBITDA and Restaurant Operating Profit, alongside other GAAP measures such as net income, to measure profitability, as a key profitability target in our budgets, and to compare our performance against that of peer companies despite possible differences in calculation.
Please refer to the table on page 30 for our reconciliation of
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, the total owned restaurant net revenue for the year ended December 31, 2022, was $300,859.
This figure represents the revenue generated by restaurants that Benihana owns and operates directly, as opposed to franchised locations. It is a key indicator of the financial performance of Benihana's corporate-owned restaurants.
Prospective franchisees should consider this number in the context of overall company revenues and expenses to understand the contribution of owned restaurants to Benihana's financial health. It's also important to compare this figure to previous years to identify trends in revenue growth or decline.