Shoney's Restaurants vs Bonanza Steakhouse Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shoney's Restaurants vs Bonanza Steakhouse including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Shoney's Restaurants Franchise
Bonanza Steakhouse Franchise
Investment $568,000 - $2,800,000$657,200 - $1,168,305
Franchise Fee $25,000 - $35,000$50,000
Royalty Fee 2.5-3.5%5%
Advertising Fee -2%
Year Founded 19681966
Year Franchised 19711966
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Shoney's Restaurants Franchise
Bonanza Steakhouse Franchise
Experience

Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous

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Financing Options

 
Shoney's Restaurants Franchise
Bonanza Steakhouse Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Shoney's Restaurants Franchise
Bonanza Steakhouse Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Shoney's Restaurants Franchise
Bonanza Steakhouse Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Shoney's Restaurants

Since 1947, Shoney’s has been known for authentic southern dishes that are available for breakfast, lunch, supper and to-go.
Today, after completing an extensive revitalization program that includes a focus on freshly prepared, innovative menu items, beautifully redesigned restaurants with flat screen TV’s and modern furnishings and the commitment to give back to the communities we serve, Shoney’s truly is better than ever.
Shoney’s is a Nashville-based company with more than 140 restaurants located in 16 states. Each restaurant strives to give back and be a pillar to the community, which is the hallmark of Shoney’s culture. We support local schools, sports teams, the military, firefighters, police, EMTs and more.
From San Antonio, Texas to Dover, Ohio and every location in between, our restaurants are committed to partner with the communities we serve.

Grow with us! Make Shoney’s a part of your future and invest in a business you’ll be proud to own.

About Bonanza Steakhouse

Bonanza 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. Bonanza has been franchising since 1966 and our franchisees have played a vital role in our growth and strategic direction.