What were the total international 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, 2023 | |||||
| Total revenues | $ 198,679 | $ 131,716 | $ 1,999 | $ 375 | $ 332,769 |
| Operating income (loss) | 38,890 | 2,189 | 187 | (31,972) | 9,294 |
| Capital asset additions | $ 28,426 | $ 21,450 | $ 123 | $ 3,551 | $ 53,550 |
| As of December 31, 2023 | |||||
| Total assets | $ 153,769 | $ 97,840 | $ 5,868 | $ 59,768 | $ 317,245 |
| For the year ended December 31, 2022 | STK | Kona Grill | ONE Hospitality | Corporate | Total |
| Total revenues | $ 187,402 | $ 126,341 | $ 2,344 | $ 551 | $ 316,638 |
| Operating income (loss) | 40,343 | 7,217 | 1,282 | (32,536) |
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, the total international revenues for the year ended December 31, 2022, were $5,519. This figure represents the revenue generated from Benihana's international operations during that fiscal year.
For a prospective franchisee, understanding the breakdown between domestic and international revenues can provide insights into the brand's global presence and performance. While the majority of Benihana's revenue appears to be generated domestically, the international revenue contributes to the overall financial health of the company.
It's important to note that international revenues can be subject to various factors such as currency exchange rates, economic conditions in different countries, and geopolitical events. These factors can impact the stability and growth of international revenue streams for Benihana. A potential franchisee should consider these elements when evaluating the franchise opportunity and its potential for long-term success.