Start-Up Costs and Fees |
||
| Damon's | Ponderosa Steakhouse | |
| Investment | 1200000 - 3200000 | 1200000 - 2300000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4% | |
| Advertising Fee | ||
| Year Founded | 1979 | 1966 |
| Year Franchised | 1982 | 1966 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Ponderosa Steakhouse | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | Ponderosa Steakhouse | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | Ponderosa Steakhouse | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Damon's | Ponderosa Steakhouse | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Damon's | |
| Ponderosa Steakhouse | |
| Franchise Fee | |
| Damon's | |
| Ponderosa Steakhouse | |
| Royalty Fee | |
| Damon's | 4% |
| Ponderosa Steakhouse | |
| Advertising Fee | |
| Damon's | |
| Ponderosa Steakhouse | |
| Year Founded | |
| Damon's | 1979 |
| Ponderosa Steakhouse | 1966 |
| Year Franchised | |
| Damon's | 1982 |
| Ponderosa Steakhouse | 1966 |
| Term Of Agreement | |
| Damon's | 10 years |
| Ponderosa Steakhouse | |
| Renewal Fee | |
| Damon's | |
| Ponderosa Steakhouse | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Ponderosa Steakhouse | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Ponderosa Steakhouse | No |
| Start-up Costs | |
| Damon's | |
| Ponderosa Steakhouse | |
| Equipment | |
| Damon's} | |
| Ponderosa Steakhouse | |
| Inventory | |
| Damon's | |
| Ponderosa Steakhouse | |
| Receivables | |
| Damon's | |
| Ponderosa Steakhouse | |
| Payroll | |
| Damon's | |
| Ponderosa Steakhouse | |
Training & Support |
|
| Training | |
| Damon's | |
| Ponderosa Steakhouse | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Ponderosa Steakhouse | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Ponderosa Steakhouse | |
| Operations | |
| Damon's | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Ponderosa Steakhouse | |
Expansion Plans |
|
| US Expansion | |
| Damon's | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Ponderosa Steakhouse | |
| Canada Expansion | |
| Damon's | |
| Ponderosa Steakhouse | |
| International Expansion | |
| Damon's | |
| Ponderosa Steakhouse | |