Benihana Franchise In USA, Cost, Profit, Contact No Cost, Profit, Benefits, Contact Detail, Requirements, Kaise Le, Apply | SkillsAndTech
Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. To know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.
Table of Contents
Benihana Franchise Wiki
See Also: Big Frog Franchise
In 1964, a small Japanese restaurant named BENIHANA® opened in New York City with the goal of introducing teppanyaki cooking to people around the world.
Since then, the BENIHANA brand has grown into the leading Japanese-inspired restaurant chain in the United States, accentuating the finest Japanese traditions and culture.
A large part of the success of the BENIHANA concept can be attributed to the performance that awaits millions of guests each year. Served in a hibachi-style Japanese experience, our guests enjoy the company of friends and family who are celebrating special occasions or just enjoying a fun dining experience.
See Also: How To Make Small Franchise Business Bigger
As a result, the BENIHANA brand name and its trademark have one of the strongest awareness levels in the restaurant industry, making ownership of a BENIHANA restaurant a very attractive investment opportunity.
CURRENT TARGET MARKETS FOR FRANCHISE GROWTH: Hawaii, Boston, MA, Austin, TX, San Antonio, TX, Baltimore, MD, and Tucson, AZ
Benihana Franchise Benefits
See Also: Bobby’s Burgers Franchise
The BENIHANA name is well known throughout the food industry as an established, quality-conscious brand that has grown from one teppanyaki restaurant in New York City to 77 restaurants in the United States, Central and South America (excluding Mexico), and the Caribbean as of June 2019, with more company-owned and franchised restaurants being planned.
Benihana National Corp. (BNC), which operates and franchises BENIHANA restaurants, has a solid management team committed to remaining one of the worlds finest and most dynamic restaurant organizations. Our proven operating and business methods have tremendous appeal and create value for our franchisees.
Benihana Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
See Also: Green Bucket Biryani Franchise
Benihana Franchise Cost/ Investment
Franchisee Candidate should meet the minimum financial requirements of $2.2M Liquidity and $5M Net Worth.
As explained in the Franchise Disclosure Document (FDD), the total required investment in a BENIHANA restaurant varies, depending largely on the franchisee’s real estate arrangements (lease or purchase).
Although BNC has no financial involvement in the real estate, we can provide experienced counseling in site selection and restaurant development to prospective and existing franchisees. But the selection, purchase, or leasing decision always remains with the franchisee.
See Also: Chaai Resto Franchise
Initial costs required to open a new BENIHANA restaurant include, without limitation, equipment and fixtures, inventory, insurance, working capital, liquor license costs, and other expenses, including a $40,000 franchise fee payable to BNC.
Royalties and Advertising Fee. Currently franchisees pay a monthly royalty fee of five percent (5%) of gross sales to BNC, and franchisees are required to pay to BNC a monthly advertising contribution equal to one percent (1%) of gross sales to support brand marketing and advertising expenses. Franchisees also are obligated to spend a certain amount for local advertising specific to each restaurant.
Benihana Franchise Requirements
Benihana Franchise Qualification
Investing in a franchised BENIHANA restaurant is a significant commitment and important. Qualifications to be considered for a BENIHANA franchise are:
- An entrepreneurial spirit and strong desire to succeed.
- Demonstrated business experience and acumen.
- The ability to manage, motivate, and train team members.
- The ability to manage finances.
- The willingness to personally devote full time and best efforts to become proficient in running the day-to-day operation of a restaurant business as a hands-on franchisee.
See Also: Berrylite Francise
Benihana Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
See Also: Best Franchise Business Ideas to Own
Benihana Franchise Procedure
After you have read all the franchise information and the opportunity to operate a franchised BENIHANA restaurant sounds too good to pass up, call or write BNC for a Franchise Application. Our licensing representative will guide you through every step of your new venture.
See Also: Pink Zebra Franchise
Step One: Request and submit application.
If you feel you are qualified to become a licensee, return the application to:
21500 Biscayne Boulevard
See Also: Freddy’s Franchise
Suite 900
Aventura, FL 33180
Step Two: Submit your financial authorization.
At the same time you return the application, submit a financial disclosure authorization form to your bank or other financial institution.
All licensee applications must be accompanied by verification of available cash and other liquid assets. Please note that this verification must be on the bank’s business letterhead and mailed directly to BNC in Miami. Our evaluation procedure, including a retail credit check and detailed background investigation is completely confidential.
Step Three: Initial interview.
After verification of the information on your application and confirmation of your financial ability to undertake the investment, you will be contacted to meet personally with a BNC representative. At this meeting you will be provided with the company’s Franchise Disclosure Document (FDD) as legally required.
See Also: How To Become A Franchisor
In this meeting, your rights and obligations as a franchisee will be discussed in some detail. It is also expected that the franchise prospect will view this meeting as an opportunity to interview our team, asking as many questions as necessary to arrive at a comfort level with the franchisee/franchisor relationship.
Step Four: Do your Homework.
After the Initial Interview, BNC will have reviewed your qualifications to determine if you qualify. Now it is your turn. You can visit our existing restaurants, talk to industry sources, and contact our existing franchises to help you answer any questions you might have.
See Also: What Questions To Ask A Franchisor
You can obtain location and contact information from the store locator on our website. We cannot begin to tell you how important it is that you also interview our BENIHANA brand team members, and we highly encourage you to do so.
Step Five: Issuance of license
After completion of Step Four, you may request that a Franchise Agreement be issued to you. This will represent your first financial commitment to the franchise opportunity.
See Also: Cicis Pizza Franchise
The issuance of the Franchise Agreement grants you the right to use the internationally famous BENIHANA® name, logos, and various recognized service marks in the operation of your restaurant, as long as your usage complies with the federal laws and regulations intended to preserve the integrity of registered marks.
How to Apply For Benihana Franchise
If you have reviewed the information on this site and feel you are qualified and interested in exploring an opportunity to become a BENIHANA franchisee, CLICK HERE or request an application by mail to:
Benihana, Inc.
21500 Biscayne Boulevard
Suite 900
Aventura,FL33180
Phone: (305) 593-0770
Fax: (305) 675-3849
See Also: IKEA Franchise
Benihana Franchise Contact details
Benihana Franchise Website
Benihana Franchise FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
See Also: What Does Franchise Tag Mean
Is a Franchise?
Yes, a franchise.
What is The Difference Between Franchisor vs. Franchisee
Click Here to know about it.
What Is The Difference Between Franchise Vs. Sole Proprietorship
Click Here to know about it.
Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.
If you need any help from our team then please fill the contact form our team will contact you soon. And if you like this post then please share this post.
3 Comments
Pingback:
Pingback:
Pingback: