Ponderosa/Bonanza Steakhouses
Ponderosa/Bonanza Steakhouses
6500 International Pkwy., # 1000
Plano, TX 75093
800#: (800) 527-6832
Tel: (321) 773-2788
Fax: (321) 773-2675
E-Mail: [email protected]
Web Site: www.ponderosasteakhouses.com
Contact: Mr. Eric Taylor,
PONDEROSA and BONANZA FAMILY STEAKHOUSES serve great-tasting, family priced steaks and entrees, accompanied by a large variety of all-you-can-eat salad items, soups, appetizers, hot vegetables, breads, sundae and dessert bar and other tasty food. All steaks and entrees come with the salad bar, buffet and dessert bar at no extra cost.
Franchisor Background
Established: 1965
First Franchise: 1966
Franchise Units: 398
Company-Owned Units: 85
Total Units: 483
Distribution:
U.S. -- 417;
Canada -- 8;
International -- 58
-North America -- Operations in 31 States
-States/Provinces with Greatest Density: 60 in OH, 36 in MI, 32 in IN
Projected New Units Over Next 12 months: 5
Franchisee Qualifications: 5, 5, 4, 4, 4, 5
(Click here for an explanation)
Registered in Following Registration States: All States and AB (Click here for an explanation)
Average Number of Employees: 10 FT, 50 PT (FT = Full Time, PT = Part Time)
Space Needs: 6,000-8,000 SF; FS, SC
(Click here for abbreviations)
Encourage Conversion: No
Financial Requirements
Cash Investment: $750K
Total Investment: $1.3-2.1MM
Average Total Investment: $1,700.0K
Minimum Net Worth: $3MM
Fees:
-Franchise: $40K
-Average Franchise Fee: $40.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 4%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/NA
Size Of Corporate Staff: 125
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 9 Weeks at Certified Training Restaurant.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: ON,QB,NB,BC,AB
Overseas: Brazil, Canada, China, Hong Kong, Japan, Venezuela, Mexico
Note: NR = No Response by Franchisor.
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