Benihana

Financing

In the Benihana deal, a sign of the restaurant M&A times

The Bottom Line: The venerable Japanese steakhouse chain fetched a modest multiple in its sale to The One Group. But that’s where values have fallen these days.

Financing

Benihana deal makes The One Group one to watch in full-service dining

Acquiring the 86-unit teppanyaki chain will make the owner of STK and Kona Grill a $1 billion company. And it's just the beginning of an ambitious long-term growth plan.

The deal for Safflower Holdings, which also includes the RA Sushi brand, will nearly triple One’s footprint to 168 locations worldwide.

Restaurant Rewind: Calling the wrestler-turned-playboy a free spirit is like saying Michael Jordan could shoot.

The Bottom Line: Benihana is apparently on the market, according to reports, helping to signal that the market for restaurants is improving.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

The longtime Morton's exec will oversee the company's three Japanese brands.

A hibachi steakhouse chain offering Japanese fare prepared exhibition-style at guests' tables

More than half of the restaurant industry’s $491 billion in sales come from the Top 500 chains. And these giants grew at a modestly stronger rate, both in terms of sales and store counts, than the industry overall. Restaurant Business focused on the leading 250 performers to identify trends for our first-ever special report delivering lessons from Technomic’s annual Top 500 Chain Restaurant Report. This special package includes lessons for all operators from the largest chains by segment, menu category and more.

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