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Ponderosa/Bonanza Steakhouses Franchise

Pon Bon, Ponderosa and Bonanza franchises are family friendly steak-centric restaurants offering affordable meals for people of all ages.

Restaurant & Food Franchises For Sale|
California Franchises For Sale
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Highlights
Cash Required

$40,000

Min. Franchise Fee

$40,000

Total Number of Units

49

Franchising Since

1989

Corporate Headquarters

Beverly Hills, CA

CEO Name

Thomas A Sacco

About Ponderosa/Bonanza Steakhouses

Ponderosa and Bonanza Steak House restaurants deliver the old western flavor of grilled steaks coupled with a buffet full of sides, salads, soups and more. Chicken, shrimp, pasta and appetizers are also available ensuring there is always something for everyone. Restaurant wait staff serve customers at their tables while customers also have the opportunity to select a wide variety of foods and desserts from the self-serve buffet giving customers freedom by the plateful. The warm, fun and friendly atmosphere make the restaurants a perfect place to take the family or to meet with friends for a great affordable meal.

Franchise Unit Trends & Revenue

Total Number of Units

49

New Units Opened

-

Average Unit Revenue

$286,897

* in 2020

Franchise Fees

Min. Franchise Fee

$40,000

Royalty Fee

5.0%
Net Sales

Ad Fund Fee

0.95% - 1.95%
Net Sales

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.

When becoming a franchise owner, training is provided, to make sure the new owner understands the entire operation of the restaurant. Training includes operations, staffing, inventory control, accounting, marketing and other areas of the business. Post training support is provided as well, ensuring franchise owners are not left alone. Support starts when a candidate applies to become a franchise owner and continues through the opening of their location. Even after that, support continues while owners grow their restaurant acquiring new customers and bringing back existing ones.

Franchise owners also receive marketing support through Pon Bon headquarters. The marketing campaigns include television, traditional and online advertising to attract new customers with a certain loyalty style and also offer incentives for return business. These campaigns are designed by the experienced marketing staff at headquarters, so franchise owners do not need to know how to market themselves.

Starting Costs & Investment Requirements

Total Investment

$291,300 - $1,487,100

Net Worth Required

-

Cash Required

$40,000

Training and Support
Multi Units

Training & Support

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.

History

The first restaurant opened in 1963, with franchising added in 1966. Its focus was to be a family restaurant where people had Freedom by the Plateful through options that a person could select. Diners were not restricted to one set combination of steak and vegetables but could select options more buffet style. This style of restaurant, where people can receive full-service dining but have the opportunity to self-serve add-ons to their meal has caught on, and today there are 120 locations in the United States and six countries. People of all ages enjoy PonBon restaurants, making it a great place to dine out.

Ideal Candidate

The ideal candidate for a Ponderosa or Bonanza restaurant franchise is a person who wants to have fun while providing good affordable dining experiences to customers of all ages. This person should have a warm, inviting personality and is one who enjoys communicating face to face with people all day. Experience in the food and beverage industry is not required, but can certainly help. Strong leadership, the ability to mentor and good organization skills will help the candidate to succeed, as will any business experience.

The candidate should be prepared to work hands-on in the restaurant on a day to day basis and have a passion for delivering quality foods and the best customer service while operating at peak performance.

Although it is not required, the proper candidate to become a franchise owner should also know how to hire staff and motivate them to enjoy working at the restaurant with the same level of commitment and dedication to maintain a consistent level of service throughout the organization.

The information in this page has been provided by the franchise or representative stated above. BizBuySell has no stake in the sale of this franchise, has not independently verified any of the information about the franchise, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any franchise.

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This web page is not endorsed by or affiliated with any franchisor. Product and company names are trademarks of their owners and are used for referential purposes only.

 

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