By Ashley M. Casey
The Ponderosa Steakhouse located in Oswego is closing due to a failed lease negotiation, the restaurant announced Feb. 20. The restaurant’s last day will be Sunday, Feb. 23.
There are no plans to move to a new location.
Ponderosa Steakhouse, whose parent company is the Texas-based Homestyle Dining LLC, was located at 147 George St. in Oswego since its opening in 1981. Homestyle Dining also operates the Bonanza Steakhouse brand.
Erin Peacock, spokesperson for Homestyle Dining, said the Oswego Ponderosa employees have been offered the option to transfer to other area Ponderosa franchises.
“(In) a bit of good news, to show their appreciation of all the patrons over the last 30 years, they’re going to offer 50 percent off on Sunday,” Peacock said.
See more on this story in the Wednesday, Feb. 26, edition of The Valley News.
CORRECTION: An earlier version of this story stated that Homestyle Dining LLC was based in Indiana. The company is now based in Plano, Texas. The Valley News regrets the error.