Metromedia Eyes Market Dominance Via Refranchising

<b></b>

Plano, Texas-As Metromedia Family Steakhouses continuesto expand the ranch house prototype of its Bonanza and Ponderosasteakhouse chains, the company is also continuing a refranchisingprogram.

The Bonanza and Ponderosa chains have 555 domestic units, 139 ofwhich are Metromedia-owned. Metromedia is looking to sell up to 100of those company-owned units in the next 18 months tofranchisees.

Markets targeted in the refranchising effort include Pittsburghand Kansas City, Missouri. -Nation's RestaurantNews

Editor's Pick

Everyone Wants to Get Close to Their Favorite Artist. Here's the Technology Making It a Reality — But Better.
The Highest-Paid, Highest-Profile People in Every Field Know This Communication Strategy
After Early Rejection From Publishers, This Author Self-Published Her Book and Sold More Than 500,000 Copies. Here's How She Did It.
6 Questions to Ask Before You Begin Your Franchise Search
Having Trouble Speaking Up in Meetings? Try This Strategy.
He Names Brands for Amazon, Meta and Forever 21, and Says This Is the Big Blank Space in the Naming Game

Most Popular

See all
Green Entrepreneur

A Massive Hole In the Sun May Cause Dazzling Light Show Here On Earth

NASA says the coronal hole could blast the Earth with solar winds as early as Friday. What does this mean?

By Jonathan Small

Business News

Gen Z Loves the Toyota Camry. Here's What Car Brands Boomers Love Most

S&P Global Mobility provides data on what types of each age group likes the most, based on car registration.

By Gabrielle Bienasz

Business News

'Wanted by Several Countries.' Crypto Fugitive Is Nabbed in Montenegro.

Do Kwon was wanted in South Korea and the U.S. on fraud charges related to TerraUSD and Luna crash.

By Jonathan Small

By Emily Rella

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

By Bryan Lovgren

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

By Jacqueline Whitmore