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Below is an in-depth analysis and side-by-side comparison of Off The Grill vs Ponderosa Steakhouse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $350,000 | $1,200,000 - $2,300,000 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1998 | 1966 |
Year Franchised | 1999 | 1966 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $12.5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, National media | - |
Operations |
95% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Off the Grill was founded in 1998 by Alan Thompson. It began franchising in 1999. The privately held company is based in Maryland Heights, Missouri
Ponderosa has always been known for it's flame-grilled Steak, Chicken and Seafood dinners; each served with an All-You-Can-Eat Buffet at lunch and dinner. Ponderosa has been franchising since 1966 and our franchisees have played a vital role in our growth and strategic direction.