Benihana signs two franchise agreements; Aruba restaurant to open this fall.MIAMI--(BUSINESS WIRE)--Benihana Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , NM:BNHN, BNHNA), today announced it has signed franchise agreements for restaurants in Little rock, AR., and Columbia Columbia, cities, United States Columbia (kəlŭm`bēə). 1 City (1990 pop. 75,883), Howard co., central Md., between Washington, D.C., and Baltimore. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . The company also reported that its previously announced 112-seat franchise restaurant under construction in Aruba, Netherlands Antilles Netherlands Antilles, island group, an autonomous part of the Netherlands (2005 est. pop. 220,000), 371 sq mi (961 sq km), West Indies. Formerly known as the Dutch West Indies and Netherlands West Indies, they are divided into two groups. , is scheduled to open in the late Fall of 1996. The Little Rock facility will be a 14-table, 200 seat restaurant in the Riverfront riv·er·front n. The land or property along a river. Hilton Hotel and is expected to open later this summer. The Columbia franchise agreement calls for the first restaurant to be built in Bogota and to open later this year. The franchisee also has the right to open other restaurants in Columbian cities in the future. "Benihana's history of growth, profitability and customer loyalty in a variety of economic environments is generating increasing interest among potential franchises for our traditional restaurants and the smaller, urbanized Benihana Grills," Schwartz concluded. Benihana owns or licenses 46 Benihana teppenyaki-style Japanese restaurants in the U.S. CONTACT: Benihana Inc. Joel Schwartz/Michael Burris 305/593-0770 or Porter, LeVay & Rose Inc. Hal LeVay, 212/564-4700 |
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