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Benihana of Tokyo
8685 NW 53rd Ter., # 201
Miami, FL 33166
800#: (800) 327-3369
Tel: (305) 593-0770
Fax: (305) 592-6371
E-Mail: [email protected]
Web Site: www.benihana.com
Contact: Mr. Tom Vrabel, Director of Franchising
BENIHANA is not only an internationally famous Japanese steak and seafood restaurant, it is also a genuine 'dining experience.' Both first-time and frequent visitors to BENIHANA are immediately drawn to the unique table top hibachi-style of cuisine, where mouth-watering dishes are prepared before their very eyes.
Franchisor Background
Established: 1964
First Franchise: 1970
Franchise Units: 23
Company-Owned Units: 57
Total Units: 80
Distribution:
U.S. -- 71;
Canada -- 1;
International -- 8
-North America -- Operations in 20 States, 1 Province
-States/Provinces with Greatest Density: 15 in CA, 6 in FL, 3 in IL
Projected New Units Over Next 12 months: 3
Franchisee Qualifications: 5, 4, 3, 2, 2, 4
(Click here for an explanation)
Registered in Following Registration States: CA,HI,NY (Click here for an explanation)
Average Number of Employees: 35 FT, 7 PT (FT = Full Time, PT = Part Time)
Space Needs: 6,000+ SF; FS
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $550-650K
Total Investment: $1.3-1.8MM
Average Total Investment: $1,550.0K
Minimum Net Worth: $1K
Fees:
-Franchise: $50K
-Average Franchise Fee: $50.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 0.5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 15/Varies
Passive Ownership: Discouraged
Area Development Agreements: Yes/15
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: NA
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 51
On-Going Support: a,C,d,E,F,H,I (Click here for an explanation)
Training: 12-15 Weeks in Miami, FL.
Franchisor's Specific Expansion Plans
U.S.: PA,MD,MI,NC,OH,AZ,TX,NY
Canada: All Canada
Overseas: Europe, Pacific Rim
Note: NR = No Response by Franchisor.
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