How much does a Ponderosa Steakhouse franchise make?
How many franchise locations do they have?
Do they offer financing support?
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
About Franchise
Ponderosa & Bonanza have been a household name since the 60’s, and our mission's stayed the same: to provide wholesome family dining at value pricing. By maintaining our quality steakhouse and bountiful buffets, we're still the place when it comes to revisiting or updating your family memories.
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Why choose Ponderosa/Bonanza Steakhouses?
Ponderosa and Bonanza steak houses have been around a long time and are both recognizable brands. Their dining style, flexible menu, fun and friendly atmosphere and self-serve buffet make it an affordable place for people of all ages to dine. Owning such a franchise provides owners with a restaurant with a reputation for taking care of customers.
What is franchise training?
Initial training includes operations, staffing, inventory control, accounting, marketing and other areas of the business. Support and training begins when the franchise application is complete and continues all the way through the opening of the restaurant. Post training and operational support is provided as well to make sure franchisees are supported and able to grow their business.
How long have Ponderosa and Bonanza been franchised?
We have been franchising since 1966, and today we have over 90 franchised restaurants in 7+ states and 5+ countries around the globe.
Why Ponderosa?
Ponderosa & Bonanza have been a household name since the 60’s, and our mission’s stayed the same: to provide wholesome family dining at value pricing. We have been franchising since 1966, and today we have over 90 franchised restaurants in 7+ states and 5+ countries around the globe.
What is the origin of Bonanza?
It all started in the old West with the Cartwright clan. Fictional, true, but their values held through the tv show Bonanza into tangible influence. While most traditional westerns focused the range, Bonanza focused on the "home" on the range, depicting wholesome family life and caring for their neighbors.
Overview
The capital required to open a unit is $750,000. $3,000,000 is the minimum net worth required to open a location. The lowest you can expect to invest is $1,300,000 if you want to become a franchisee. $2,100,000 is the most that Ponderosa / Bonanza Steakhouses expects its owners will need to invest in a new location.
Related
Ponderosa / Bonanza Steakhouses is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $1,000,000 .
How much does a Ponderosa Steakhouse franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors . Unlock this franchise for franchise-specific data and insight.
How many franchise locations do they have?
As of the 2016 Franchise Disclosure Document, there are 101 franchised Ponderosa Steakhouse locations in the USA.
Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
