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Ponderosa/Bonanza Steakhouses
 

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

Year Established:

  1965

Franchising Since:

  1966

Operating Units:

Franchised Units:660 79.5%  
Company-Owned Units:170 20.5%  
 ______ _____  
Total Operating Units:830 100%  
 

Geographic Distribution:

U.S.:780 92.2% In 31 States
Canada:8 0.9% In 0 Canadian Provinces
International:58 6.9% In 0 Foreign Countries
 ______ _____  
Total:846 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Ohio60
2. Michigan36
3. Indiana32

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:

Minimum Net Worth:$3MM
Cash Investment:$750K
Total Investment:$5MM
Average Total Investment:$5000K
 

Fees:

Initial Franchise Fee:$40K
Average Franchise Fee:$40K
On-Going Royalty:4%
Average Royalty:4%
Advertising Fee:4%

Average Number of Employees:

   10 Full-time, 50 Part-time

Space Needs (in square footage):

   6,000-8,000

Preferred Sites:

   Free-standing Building, Strip Center

Other Sites:

  

Encourage Conversions?

   No

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:125
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Certified Training Restaurant9 Weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:4
Formal Education:4
Psychological Profile:4
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:7
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:Several
Specific Minority:Although we strongly support the objectives of the NMFI, we do not have any specific programs in place at this time. We are in active communication with minority-oriented agancies such as L.I.S.C., as well as with the public affairs and emerging markets department at IFA, and we actively encourage minority applicants.

Terms of Contract

Term of Initial Contract:20 Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   5
U.S.:Yes, All United States
Canada:Yes, ON,QB,NB,BC,AB
Overseas:Yes, Brazil, Canada, China, Hong Kong, Japan, Venezuela
 
 
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