Ponderosa Steakhouse

Family steakhouses and buffets
Find out what franchise is right for you
2022 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$657K - $1.2M
Units as of 2019
83 -18.6% over 3 years

Company Overview

About Ponderosa Steakhouse

Industry
Food
Related Categories
Buffet Restaurats, Steakhouses
Founded
1965
Leadership
Andy Wiederhorn, CEO

Franchising Overview

Franchising Since
1965 (57 years)
# of employees at HQ
50
# of Units
83 (as of 2019)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
9720 Wilshire Blvd., #500
Beverly Hills, CA 90212

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Ponderosa Steakhouse franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$50,000
Initial Investment
$657,200 - $1,168,305
Net Worth Requirement
$500,000
Cash Requirement
$1,500,000
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
15 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Ponderosa Steakhouse has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
262 hours
Classroom Training
18 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Ponderosa Steakhouse landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021