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Franchise Pick

Archive for the ‘BONANZA STEAKHOUSE’ Category

October 27th, 2007

Local Bloggers Break Stories First, Sometimes Best (Bonanza Closings)

(FranchisePick.Com)  In our last post (Bonanza Franchisee Folds in Less Than 1 Year, Abandons 4 Locations) about the abrupt failure of 4 MD and DE restaurants, a Bonanza spokesperson was quoted as saying:  “We’re not sure why they’re closed…. The corporation is trying to get to the bottom of this.”
FranchisePick.Com has found “the bottom”:  Local […]

By sean -- 2 comments

October 27th, 2007

Bonanza Franchisee Folds in Less Than 1 Year, Abandons 4 Locations

(FranchisePick.Com)  Less than one year after purchasing four Bonanza franchise restaurants in MD and DE, Young Lee reportedly shuttered all four units without notice, leaving franchisor parent Metromedia Restaurant Group (MRG) stunned and an estimated 200 employees unemployed before the holidays.
October 24, 2007 DelMarva Now’s Deborah Gates reported:
The apparently abrupt closing this week of four Bonanza Steakhouse restaurant […]

By sean -- 5 comments

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