Benihana is a Japanese restaurant featuring hibachi and teppanyaki-style dining where chefs prepare meals tableside, often including sushi. The franchise provides a unique, interactive dining experience.
Key Insights
- Benihana grew from a fundamental commitment to solving real problems that affected both customers and service providers, developing systematic approaches that improve efficiency, enhance quality, and create positive outcomes for all stakeholders involved in the business relationship.
- Service training develops comprehensive staff expertise in wine pairing, menu knowledge, and attentive hospitality techniques that enhance the dining experience without being intrusive, ensuring that guests receive knowledgeable recommendations and professional service throughout their visit.
- Economic factors support increased consumer spending on services that improve quality of life and provide convenience, creating growth opportunities for businesses that can deliver value while adapting to changing economic conditions and customer priorities.
Franchise Fee and Costs to Open
Exploring the financial picture of Benihana gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $3,405,200 - $6,250,000, along with a franchise fee of $40,000 - $40,000.
Financial Performance and Revenue
Training and Resources
Benihana provides comprehensive training for new franchisees. Initial training lasts four weeks and takes place at Benihana's corporate headquarters in Miami, Florida. This program offers in-depth instruction covering operational procedures and brand standards. Benihana also offers ongoing support and resources to aid in business development.
Legal Considerations
Legal considerations for a Benihana franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee might navigate considerations including capturing local market interest amidst existing dining options, managing the intricate operational flow of a teppanyaki-style experience, and ensuring consistent access to specialized ingredients essential for the cuisine. Building and maintaining a skilled team capable of delivering the interactive dining element presents another area of focus.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Benihana franchise?
How can I estimate the profitability and return on investment (ROI) of a Benihana franchise?
What is the franchisee fee for a Benihana franchise?
How to open a Benihana franchise?
How many locations does Benihana have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
