4/10

Franchimp Summary Rating

4 /10
Higher than 66% of peers

Franchise Summary

Description
Each PONDEROSA® Restaurant serves a wide variety of menu items featuring moderately-priced meals for the family including steak, seafood, and chicken entrees accompanied by an all-you-can-eat food bar and an all-you-can-eat sundae and dessert bar.
Company Background
Ponderosa Steakhouse is a family dining experience of the past with an upbeat, modern twist. We are all about quality food at an affordable price. Our menu includes steak, chicken and seafood along with our signature buffet items like salads, soups, appetizers and desserts. With more than 500 locations nationwide, we offer something for everyone - from business lunches to family dinners to date night!
Franchise Opportunity
People love buffets, but they hate the low quality food that is usually on offer. Ponderosa Steakhouse offers great tasting steaks at a reasonable price. We don't skimp on quality just to save money. In fact, we use only USDA Choice beef and prepare it in our own kitchen so you always get the highest-quality meat when you come to dine with us. And since we're not limited by a set menu like other restaurants, we can serve up your favorite steak every time! When you want high quality meats at an affordable price, choose Ponderosa Steakhouse for all of your dining needs. Our buffet features top-notch seafood as well as chicken and roast beef cooked to perfection every time! You'll find plenty of sides available too including salads, soups and breads - plus desserts galore! With endless options for everyone's tastes and preferences in mind, there's no better
Corporate Structure
Ponderosa Franchising Company, a Delaware general partnership formed on August 9, 1994, does business under the name “PONDEROSA®.” PFC maintains its offices at 3701 W. Piano Parkway, Suite 200, Piano, Texas 75075. PFC began offering PONDEROSA Restaurant franchises in 1994.
Investment and Franchisee Fees
The estimated total investment necessary to begin operation of a PONDEROSA® Restaurant single-unit franchised business location ranges from $1,342,492 to $1,906,750. This includes the Initial Fee of $40,000 that must be paid to the franchisor or its affiliate.

Distribution of Ponderosa Steakhouse Franchisees

Ponderosa Steakhouse Franchise System Development in 2016

FAQ

How much investment do I need to start my own Ponderosa Steakhouse business?
Franchisees typically require at least $207,202 to $207,202 investment to get their Ponderosa Steakhouse business started
What are the initial franchise fees for Ponderosa Steakhouse?
Franchisees typically need to pay at least $40,000 in fees directly to Ponderosa Steakhouse in order to earn the right to launch their business
How much money can I make with a Ponderosa Steakhouse franchise? What are the average revenues for a typical Ponderosa Steakhouse business?
We haven’t done the math on how much revenue a typical Ponderosa Steakhouse brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Ponderosa Steakhouse to generate a similar amount
How long do I need to commit to running a Ponderosa Steakhouse unit? What is my contractual commitment?
Ponderosa Steakhouse franchisees are typically required to sign up to a 15 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $568,020 to $2,528,500 which is Much Higher than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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