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Ponderosa/Bonanza Steakhouses

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Ponderosa/Bonanza Steakhouses
6500 International Pkwy., # 1000
Plano, TX 75093
800#: (800) 543-9670
Tel: (972) 588-5770
Fax: (972) 588-5806
E-Mail: [email protected]
Web Site: www.ponderosasteakhouses.com
Contact: Ms. Lynette McKee, VP Franchise Development


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: 419
Company-Owned Units: 108
Total Units: 527

Distribution:
U.S. -- 449; Canada -- 14; International -- 64
�North America -- Operations in 29 States
�States/Provinces with Greatest Density: 84 in OH, 49 in IN, 40 in NY

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
Average Number of Employees: 10 FT, 50 PT (FT = Full Time, PT = Part Time)
Space Needs: 8,639 SF; FS, SC (Click here for abbreviations)
Encourage Conversion: No


Financial Requirements

Cash Investment: $750K
Total Investment: $1.2-2.1MM
Average Total Investment: $1,650.0K
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
Franchisee Association / Member: Yes/NA
Size Of Corporate Staff: 400
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 9 Weeks Headquarters in Plano, TX and Restaurant in Field.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: ON,QB,NB,BC,AB
Overseas: Brazil, Canada, China, Hong Kong, Japan, Venezuela

Note: NR = No Response by Franchisor.
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