Benihana of Tokyo was founded in 1964 by Rocky Aoki who saw an opportunity to bring Japanese cuisine to Americans in an interactive way. He started with $10,000 in savings and $20,000 in loans, growing the business to 15 restaurants worth $12 million. Benihana's unique hibachi table concept allowed customers to watch their food being prepared, reducing kitchen space needs. Their limited 3-item menu and focus on high traffic locations helped lower food costs and drive sales. Through well-trained chefs and creative advertising, Benihana was able to achieve industry-leading labor costs of 10-12% of sales and grow successfully while differentiating from typical American restaurants.