What was the total value of domestic long-lived assets for Benihana as of December 31, 2021?
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 income (loss) | 39,863 | 12,982 | 466 | (33,926) | 19,385 |
| Capital asset additions | $ 7,581 | $ 2,307 | $ 170 | $ 1,409 | $ 11,467 |
| As of December 31, 2021 |
Note 14 – Geographic Information
Certain financia
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, the total value of domestic long-lived assets as of December 31, 2021, was $185,718. This figure represents the company's investment in assets within the United States that are expected to provide economic benefit for more than one year. These assets can include property, plant, and equipment used in the operation of Benihana restaurants.
For a prospective franchisee, understanding the value of long-lived assets can provide insight into the scale and capital intensity of Benihana's operations. It reflects the level of investment Benihana has made in its infrastructure and resources to support its business activities. This information, combined with other financial metrics, can help potential franchisees assess the financial health and stability of the company.
It's important to note that this figure only represents the domestic portion of Benihana's long-lived assets. International long-lived assets are reported separately. Reviewing both domestic and international asset values provides a more complete picture of the company's overall asset base. Franchisees should consider these figures in the context of Benihana's overall financial performance and strategic direction.