Bo’s Steakhouse
Expansion Criteria

• 4000 to 5000 sq. ft. or ability to expand
• Best options:  End cap space in shopping
  center that is finished out for a restaurant, or free standing former
  restaurant building. 
• Third best option:  If cannot find an existing restaurant
  building, will consider other existing buildings or end cap spaces
• Prefer that building/shopping center be no more than 10 years old
• Bo's Steakhouse will do best in smaller towns with where average household income is approx. $40Kor so.
• Many of our customers will be between the ages of 25 to 50 years old
• We’re looking for a site within 90 miles from the D/FW metroplex
• Interested in leasing only
• Need to have room for about 150-175 seats
• Need approximately100 to 125 parking places or shared parking with a center
• Prefer to be in market or submarket where there is little steakhouse competition
• Also prefer not to be in an area where there are many casual dining
  national brand restaurants.  Some of these is OK.

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Ponderosa Steakhouse Expansion Criteria--2012

Ponderosa is looking for one site in 2012 where we will put our new prototype which will be used to attract new franchise development.  Below is a list of our criteria.
• Areas of interest include NW Indiana, NE Illinois, West Virginia, Ohio and Pennsylvania.
• Preference is an End Cap space in a shopping center or Free Standing former restaurant space (lease only)
• If we cannot locate a former restaurant space, we will consider other existing buildings that could easily be converted to a restaurant
• If site is existing building or shopping center, building must not be older than 10 years
• Will also consider a Build-to-Suit with lease & TI built into rent
• Need approximately 5000 to 6000 sq. ft. or ability to expand
• Require space for approximately 200 seats with 100 to 125 parking spaces or shared parking in a shopping center
• Ponderosa is most successful in smaller towns where median household income is $40,000 to $50,000 per year or so.
• We are looking for an “A” site in a “C” market; or need to be on the outskirts of a larger city.
• Prefer to be in a market or submarket where there is little competition (i.e. Golden Corral, any American food buffet, or any casual dining steakhouse)
• Best market would also not include numerous casual dining national brand restaurants.
• Many of Ponderosa’s customers are senior citizens or college students, so
proximity to health care, senior housing and/or educational facilities is a plus.
• Best Tapestry segment is Heartland Communities
• We are looking for sites that would be suited for an Applebee’s, Ryan’s, Golden Corral or IHOP versus ones appropriate for a Cheesecake Factory.

Information regarding Ponderosa’s criteria (which is not set in stone):

·                    Approx. 6000 sq. ft. or ability to expand

·                   Free standing former restaurant building or end cap restaurant space in shopping center that is finished out for a restaurant; might also consider a build to suit with a Lease

·               If cannot find an existing restaurant building, will consider other existing buildings

·                    Prefer building to be no older than 2000

·                    Ponderosa does best in smaller towns with where average household income is approx. $40K or so.

·                     Many of our customers are either Senior citizens or college students

·                     Best Tapestry segment is Heartland Communities

·                   We’re looking for an “A” site in a “C” market; or need to be on outskirts of larger city where there’s not as much competition

·                     Interested in Leasing only, or possibly build-to-suit

·                     Need to have room for about 200 seats

·                     Need approx. 100 to 125 parking places or shared parking with a center

·                     Prefer to be in market or submarket where there is little competition (i.e. Golden Corral, any American food buffet, or any casual dining steakhouse). 

·                     Also prefer not to be in an area where there are many casual dining national brand restaurants.

·                     Areas of interest include West Virginia and NE Illinois, NW Indiana, Ohio or PA.

Kimberly Jackson, CCIM
Homestyle Dining LLC dba Ponderosa/Bonanza
Asset Manager
3701 W. Plano Parkway, Suite 200

Plano, TX 75075

972-244-8929 (business)

kjackson@bonpon.com