(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 blogs.
Whether you’re looking for the real scoop on a franchise, local news before it breaks, or just unsubstantiated rumor, gossip and the occasional racist remark, look to the local bloggers.  After all, if they’re not customers or employees, they’re probably married to or parenting one …read more

(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 franchises in Maryland and Delaware caught not only city leaders by surprise, but officials at the Plano, Texas-based parent company who said Tuesday they knew nothing about it.
“They had no forewarning,” said Monica Feid, a spokeswoman for Metromedia Restaurant Group in Dallas. “It is an …read more