Part
01
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Part
01
LongHorn Steakhouse Competitors, Pt 5
Hoss and Ponderosa generate revenues of about $17.7 million and $120.74 million, respectively. Details regarding the two companies have been provided below.
Company 6: Hoss’s Family Steak & Sea house
Competitive advantage
- Hoss appeared on the American daily meal ranking as one of the best casual steakhouse chains in America. This ranking gives the company a priority with shoppers who conduct online research before buying, thus a competitive edge among other competitors.
Strength
- The company has a good relationship with its clients and employees which can be seen as its strength. Hoss "offer's gift cards which are simply the best, easiest, and tastiest way to show pretty much anybody how much you care. "
- The company's cooked-to-order steaks, chicken, and seafood complemented by their famous soup, salad, bread, and dessert bar also stand as a strength.
- The brand focuses on several menu items, this can make it interesting for customers and visitors looking to new restaurants for different options.
Weakness
- The company's website permits online ordering; however, they do not have live customer support on the site for those who wish to make online orders.
- The company does not offer a 24 /7 robust customer support to its customers.
- The company's pricing system is not transparent which can prevent some customers from purchasing from them.
Revenue
- The company has an estimated revenue of $120.74 million.
Geographical Footprint
- They operate 35 restaurants in Pennsylvania and West Virginia.
Company 7: Ponderosa & Bonanza Steakhouse
Competitive advantage
- Ponderosa & Bonanza Steakhouse's competitive advantage revolves around its cafeteria style service. The company's "cafeteria-style service keeps labor costs low, and the use of lower-grade meat tenderized with enzymes helped keep food costs low."
Strengths
- The company has quality service and cleanliness program (QSC) supporting each restaurant, through the program the company is analyzed and employee feedback is sought to ensure efficient operations.
- The company has been in the market for around 54 years, with a focus on selling high-quality food, and this enables them to create authenticity, excellent value, and remarkable experiences for customers.
- The company offers an expansive buffet starring a range of dishes and also offers Gift cards, group dining, coupons, and more.
Weakness
- The company has declined the update of its brand or menu alternatives leading to shut down of some locations
- Ponderosa's parent company Metromedia Steakhouses Co filed for bankruptcy leading to the disappearance of many outlets.
Revenue
- The company has an estimated revenue of $17.7 million.
Geographical Footprint
- The company is located in Puerto Rico several in Egypt, Qatar, Taiwan, and the UAE.