Bonanza Steakhouse Franchise Review

Franchise Facts

At Bonanza Steakhouse, guests have enjoyed both the superb quality of a buffet and a broad array of great tasting, high quality, affordably priced steak, chicken and seafood entrées. Their buffet features a large variety of all you can eat salads, soups, appetizers, vegetables, breads, hot main courses, and desserts.

How much does a Bonanza Steakhouse franchise cost?

Bonanza Steakhouse has a franchise fee of up to $40,000, with a total initial investment range of $251,300 to $987,100.

  • Initial Franchise Fee: $40,000
  • Total Investment: $251,300 to $987,100
  • Working Capital: $21,200 to $35,500
  • Royalty Fee: 4%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does a Bonanza Steakhouse franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

How many franchise locations do they have?

As of the 2017 Franchise Disclosure Document, there are 13 franchised Bonanza Steakhouse locations in the USA.

Are there any Bonanza Steakhouse franchise opportunities near me?

Based on 2017 FDD data, Bonanza Steakhouse has franchise locations in 10 states. The largest region is the Midwest with 6 franchise locations.

IA
IL
IN
ME
MN
MS
ND
PA
SD
VA


This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2017

Bonanza Steakhouse is graded based on our most recent research.

Bonanza Steakhouse Franchise Stats

Total Investment

$251,300 - $987,100
Franchise Fee

$40,000
Franchise Agreement
Initial Term
20 Years
Renewal Term
5 Years
Franchisee Outlet Growth
2010
28
2016
13
Ongoing Fees
Royalty
4.0%
Ad Fees
2.0%
# of Franchised Outlets

21

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 280 hours. This includes 18 hours of classroom training and 262 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online 0
On-the-Job 262
Classroom 18
Total 280

Do they offer Territory Rights?

Bonanza Steakhouse does NOT offer exclusive territories.

Do they provide Veteran or First Responder Discounts?

Yes, unlock to find out the amount of the discount.

When did they begin franchising?

They began franchising in 1994. The average Steakhouse franchise began franchising in 1995.

Do they offer financing support?

No, but you can click here to fill out our affordability calculator and understand your financing options.
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Our Franchise Analysts have prepared detailed notes about Bonanza Steakhouse, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!

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  • What are the historical franchisee revenues?
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  • Do they provide Minority Discounts?
  • Do they use public figures to promote their franchise?
  • Do they disclose any bankruptcies?
  • Are they affiliated with any other franchise brands?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have closed in the last 5 years?
  • How many franchised outlets have terminated in the last 5 years?
  • Do they operate any company or affiliate outlets?
  • How long is their initial term length?
  • How do they solve franchisee disputes?
  • Are you required to work in the outlet or is this a passive investment opportunity?
  • Do they provide discounts for buying more than one franchise?