BONANZA STEAKHOUSE Rated a Worst Franchise by Forbes. Do You Agree?

The Bonanza Steakhouse franchise was rated one of the worst franchise opportunities in America by Forbes magazine.

Do you agree that Bonanza Steakhouse is one of the worst franchises? 

Why or why not?

Please share a comment below.

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(UnhappyFranchisee.Com)  The June 16, 2014 issue of Forbes magazine features their picks for America’s Best And Worst Franchises.

The Bonanza Steakhouse franchise made the Forbes list of the worst franchise opportunities in the $500,000+ investment range.

The Forbes ranking for Bonanza Steakhouse included the following assessment:

No. 7 Bonanza Steakhouse

Serves chicken, seafood and sandwiches, as well as steaks, for dining in or taking out.

Average Initial Investment: $2,172,245

Initial Training Hours: 270

Growth rate: –13%

Continuity: 53%

Franchisor Support: C

Here are the rest of Forbes worst franchises:

Forbes Worst Franchises with $500,000+ Investments

(With #1 being the worst)

#1 Country Kitchen International

Concept:  Restaurants specializes in comfort food like meat loaf, fried steaks and apple pie.

#2 It’s A Grind Coffee House

Concept:  Coffee shops that also sell tea and smoothies

#3 Tastee Freez

Concept:  Soft-serve ice cream shops with walk-up and fast-food locations.

#4 Atlanta Bread Company

Concept:  Fast casual restaurants selling soups, sandwiches and baked goods

#5 Bennigan’s

Concept: Full service restaurant & bar

#6 Shoney’s

Concept: Full service family restaurant

#7 Bonanza Steakhouse

Concept: Family restaurant serves chicken, seafood and sandwiches, as well as steaks

#8 Desert Sun Tanning Salons

Concept: Tanning salons with sunbeds and spray-tan options

#9 La Salsa

Concept: Quickservice Mexican restaurants with strip center, freestanding and downtown locations

#10 Ground Round Grille & Bar

Concept: Full service restaurant & bar, founded by Howard Johnson’s in 1969.

See all Forbes Worst Franchises here:

America’s Best And Worst Franchises

ARE YOU FAMILIAR WITH THE BONANZA STEAKHOUSE FRANCHISE OPPORTUNITY?  DO YOU THINK IT’S ONE OF THE WORST FRANCHISES… OR NOT? SHARE A COMMENT BELOW.

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