Bonanza Steakhouse
- Bonanza Restaurant Company
3701 W. Plano Parkway, # 200
Plano, TX 75075
Bonanza Steakhouse offers families delicious and flavorful food inspired by the spirit of the Old West. With a friendly atmosphere and a variety of options, Bonanza restaurants have something for everyone. At Bonanza Steakhouse, people find a place to call home and aspiring and established business owners find an opportunity unlike any other. After accumulating over 40 years of experience, the Bonanza franchise organization knows what it takes to succeed. In fact, Bonanza Steakhouse was ranked #1 in Service among competing buffet and steak restaurants, by Nation’s Restaurant News “Consumer Picks” Survey.
Franchisor Background
Year Established: 1963
Franchising Since: 1963
Operating Units
| Franchised Units |
24 |
100.0% |
| Company-Owned Units |
0 |
0.0% |
| Total Operating Units |
24 |
100% |
Geographic Distribution
| USA |
15 |
57.7% |
In 12 States
|
| Canada |
2 |
7.7% |
|
| International |
9 |
34.6% |
|
| Total |
26 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
Registered in the following Registration States
(not registered in any registration states)
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Support and Training
General Information
| IFA Member |
No |
| CFA Member |
No |
| Franchisee Association? |
Yes, is a member |
| Size of Corporate Staff |
N/A |
Site Selection
Assistance |
Yes |
| Lease Negotiation Assistance |
Yes |
| Financial Assistance |
Yes, Direct |
Marketing Support
| Co-Op Advertising |
No |
| National Advertising |
No |
| Regional Advertising |
No |
| Local Advertising |
No |
Ongoing Support
| Central Data Processing |
Included |
| Central Purchasing |
Included |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
Included |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
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Financial Requirements
Investment
| Minimum Net Worth |
N/A |
| Cash Investment |
N/A |
| Total Investment |
N/A |
| Average Total Investment |
N/A |
Fees
| Initial Franchise Fee |
N/A |
| Average Franchise Fee |
N/A |
| On-Going Royalty |
N/A |
| Average Royalty |
N/A |
| Advertising Fee |
N/A |
Site Information and Requirements
| Average Number of Full-Time Employees |
N/A |
| Average Number of Part-Time Employees |
N/A |
| Space Needs (in square feet) |
None
|
| Preferred Site Types |
N/A
|
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
No |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
N/A |
| General Business Experience |
N/A |
| Specific Industry Experience |
N/A |
| Formal Education |
N/A |
| Psychological Profile |
N/A |
| Personal Interviews |
N/A |
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Terms of Contract
| Term of Initial Contract |
N/A |
| Term of Renewal Period |
N/A |
| Passive Ownership? |
Allowed |
Area Development
Agreements? |
No
|
Sub-Franchisor
Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
| Projected New Units Over Next 12 Months |
N/A |
| USA |
No |
| Canada |
No |
| Overseas |
No |
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