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  Home  >>  Restaurants (Sit-Down)  >>  Steakhouses




Ponderosa/Bonanza Steakhouses
6500 International Pkwy., # 1000
Plano, TX 75093


Submit an online form to receive information from Ponderosa/Bonanza Steakhouses.
Business Description

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:

398

82.4%
Company-Owned Units:8517.6%
 
Total Operating Units:
483
100.0%
 
Geographic Distribution:
U.S.:41786.3%In 31 States
Canada:81.7%In 0 Canadian Provinces
International:5812%In 0 Foreign Countries
 
Total:
483
100.0%
 
 
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:$1.3-2.1MM
Average Total Investment:$1700K
 
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

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
 
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
 
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
 
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
Submit an online form to receive information from Ponderosa/Bonanza Steakhouses.