What were the total domestic revenues for Benihana for the year ended December 31, 2022?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
| STK | Kona Grill | ONE Hospitality | Corporate | Total | |
|---|---|---|---|---|---|
| For the year ended December 31, 2022 | |||||
| Total revenues | $ 187,402 | $ 126,341 | $ 2,344 | $ 551 | $ 316,638 |
| Operating income (loss) | 40,343 | 7,217 | 1,282 | (32,536) | 16,306 |
| Capital asset additions | $ 19,116 | $ 10,496 | $ 139 | $ 2,878 | $ 32,629 |
| As of December 31, 2022 | |||||
| Total assets | $ 113,911 | $ 78,691 | $ 5,746 | $ 92,676 | $ 291,024 |
| For the year ended December 31, 2021 | STK | Kona Grill | ONE Hospitality | Corporate | Total |
| Total revenues | $ 151,436 | $ 123,181 | $ 1,725 | $ 836 | $ 277,178 |
| Operating inco |
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, the total domestic revenues for the year ended December 31, 2022, were $311,119. This indicates the revenue generated from Benihana restaurants and related operations within the domestic market during that fiscal year.
For a prospective franchisee, this figure provides insight into the brand's financial performance and market presence within the United States. It's important to consider this number in conjunction with other financial metrics, such as costs and expenses, to assess the overall profitability and efficiency of Benihana's domestic operations.
Furthermore, the FDD also shows that domestic revenues for the year ended December 31, 2021, were $272,651. This allows potential franchisees to compare year-over-year revenue growth and assess the brand's trajectory. A growing revenue trend could be a positive indicator of brand strength and market demand.