Ponderosa/Bonanza Steakhouse
Ponderosa/Bonanza Steakhouse
6500 International Pkwy., # 1000
Plano TX 75093
800#:(800) 527-6832
Tel: (321) 773-2788
Fax: (321) 773-2675
E -Mail:
Web Site: www.ponderosasteakhouses.com
Contact: Director of Franchising
PONDEROSA is a mid-priced family restaurant, specializing in quality food served in a bright, fun atmosphere. The menu features a variety of great-tasting steaks, chicken and seafood entrees, along with the all-you-can-eat Grand Buffet. Stocked with a variety of soups, salads, fresh breads and other specialties, the Grand Buffet has become a landmark for value-conscious families. The service, menu and decor of PONDEROSA place it in the attractive niche between fast food and fine dining. Guests are able to enjoy a good meal in a welcoming atmosphere and pay an affordable price. PONDEROSA has 10 years of experience in international franchising, including the Far East, Mideast and Europe. Having been in business for over 30 years, the PONDEROSA organization is a strong company with well-developed support functions for franchise operators. Franchise consultants provide support to international franchisees in the areas of purchasing, marketing, operations, cost controls and on-going training. -1
Franchisor Background
Established: 1965
First Franchise: 1966
First International Franchise: 1985
Franchise Units: 398
Company-Owned Units: 85
Total Units: 483
Distribution:
U.S. - 492; Canada -- 8; International -- 47
Projected Total New Units Over Next 12 months: 26
Projected New International Units Over Next 12 months: 14
Size Of Corporate Staff: 350
Financial Projections Provided: No
Term of Franchise Agreement/Renewal (Master): NA
Term of Franchise Agreement/Renewal (Area): 15-20/5-10
Minimum Financial Requirements: $2M, with liquidity of $750K.
Expansion Requirements: Varies; depends on size of exclusive area granted.
Franchisor Financial Assistance: No
Franchise Fee(Master): NA
Franchise Fee(Area): $50K/unit.
On-Going Royalty (Master): 4
On-Going Royalty (Area): 4%
Franchisor Ad Program: 2-4%
International Trade Associations: NR
Franchisee Qualifications
Ranked 1-5, 5 Being Very Important
Net Worth: 5
Business Experience: 5
Ability to 'Get Things Done': 3
Industry Experience: 3
Franchising Experience: 3
Psychological Profile: 2
Personal Interview(s): 5
Training/Services
Initial Franchisee Training: 10 wks. U. S.-based management training; employee training on-site.
On-Going Support: B,C,D,E,H,I,J
(Click here for an explanation)
International Agreements
Individual Operating Units: Sometimes
Master Franchising: Never
Area Development: Most Often
Licensing: Never
Foreign Subsidiary: Never
Joint Venture: Never
Other:
Preferred Franchise Relationship: Area development. We grant licenses for exclusive territories with an accompanying multi-unit development schedule.
Seeking Partners In
North America: US (581), CAN (8)
Europe/Eastern Europe: AU, BE, BU, CZ, DE, FI FR, GR, GC, HU, IR, IT, NE, NO, PO, PT, RO, RU, SL, SP, SW, SZ, TU, UK, YU, UR
Far East: AS, CA, CH, GU, HK, ID, JA, KO (2), LA, MA, MY, NZ, PH, SI (5), TA (7), TH, VN
Mexico: MX
Caribbean: CB, PR (18)
Central America: BE, CR, EL, GA, HO, NI, PA
South America: AR, BO, BR, CH, CO, EC, FG, GY, PG, PE, SU, UR, VE
Middle East / India: IN, PK, OM, SA (2), UA
Africa: SO
Countries Not Listed Above:
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