Franchise FAQ

are texas roadhouse franchised

by Ms. Alda Casper PhD Published 1 year ago Updated 1 year ago
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After all, Texas Roadhouse is a franchise where you can own and operate your own restaurant.Aug 9, 2022

How much does Texas Roadhouse pay a host?

This estimate is based upon 84 Texas Roadhouse Host salary report (s) provided by employees or estimated based upon statistical methods. When factoring in bonuses and additional compensation, a Host at Texas Roadhouse can expect to make an average total pay of $9 per hour.

How much does a hostess at Texas Roadhouse make?

When factoring in bonuses and additional compensation, a Texas Roadhouse Hostess at Texas Roadhouse can expect to make an average total pay of $9 per hour. What is the salary trajectory of a Texas Roadhouse Hostess?

How much does Texas Roadhouse cost?

Texas Roadhouse Franchise Cost / Initial Investment /Texas Roadhouse. The franchise fee for Texas Roadhouse is $40,000. The total investment to own a Texas Roadhouse is between $1.6 million and $3 million.

What is the history of Texas Roadhouse?

texas roadhouse history. Texas Roadhouse was based on February 17, 1993, on the Inexperienced Tree Mall in Clarksville, Indiana; throughout the Ohio River from Louisville. Founder W. Kent Taylor lived in Colorado and labored at nightclubs and eating places there, having aspirations to attend a culinary faculty.

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How much is it to franchise a Texas Roadhouse?

Texas Roadhouse Franchise Cost / Initial Investment /Texas Roadhouse. The franchise fee for Texas Roadhouse is $40,000. The total investment to own a Texas Roadhouse is between $1.6 million and $3 million.

Does Texas Roadhouse sell franchises?

The chain includes 360 franchise units, however, there are still some Texas Roadhouse steakhouse restaurant franchise locations for sale. Don`t miss the opportunity to join the company now. Becoming our franchisee, you will get access to our outstanding concept, a set of useful trainings; and our constant support.

How much does a Texas Roadhouse store owner make?

Average Texas Roadhouse Managing Partner yearly pay in the United States is approximately $83,880, which meets the national average.

Who owns Texas Roadhouse franchise?

Kent Taylor, started the business in 1993 with the opening of the first Texas Roadhouse in Clarksville, Indiana. Since then, the Company has grown to three concepts.

Which franchise is cheapest to own?

12 best low-cost franchises for aspiring business ownersCruise Planners. Franchise fee: $10,995. ... Fit4Mom. Franchise fee: $5,495 to $10,495. ... Chem-Dry. Franchise fee: $23,500. ... Jazzercise. Franchise fee: $1,250. ... Stratus Building Solutions. ... SuperGlass Windshield Repair. ... Mosquito Squad. ... Pillar to Post Home Inspectors.More items...•

Is Texas Roadhouse a good investment?

While Texas Roadhouse is known among its patrons for its large portions and fair pricing, this is a profitable business. Even with some elevated costs this year, the operating margin was nearly 9% through the first half of 2022, compared to 10% last year.

Do franchise owners set salary?

In some cases, to maintain uniformity or to take advantage of bulk purchasing, a franchisor may recommend its franchisees pay their employees using a particular vetted and approved payroll software. In other situations, franchise owners may have complete freedom to choose whatever payroll method they see fit.

Which franchise owner makes the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

Who owns the most Texas Roadhouse?

Top 10 Owners of Texas Roadhouse IncStockholderStakeTotal value ($)BlackRock Fund Advisors10.51%613,023,664The Vanguard Group, Inc.10.07%587,334,320Wellington Management Co. LLP4.46%260,332,531Macquarie Investment Management B...3.83%223,299,3876 more rows

Who is Texas Roadhouse biggest competitor?

Texas Roadhouse competitors include Darden Restaurants, Outback Steakhouse, Logan's Roadhouse, Brinker International and Luby's. Texas Roadhouse ranks 1st in CEO Score on Comparably vs its competitors.

How much profit does a Texas Roadhouse make?

Texas Roadhouse annual gross profit for 2020 was $0.284B, a 42.85% decline from 2019. Texas Roadhouse annual gross profit for 2019 was $0.496B, a 11.63% increase from 2018....Compare TXRH With Other Stocks.Texas Roadhouse Annual Gross Profit (Millions of US $)2019$4962018$4442017$4232016$3859 more rows

What Texas Roadhouse makes the most money?

Texas Roadhouse, Inc employees with the job title Meat Cutter make the most with an average hourly rate of $16.32, while employees with the title Server make the least with an average hourly rate of $6.09.

What is the most profitable franchise to get into?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

Which is the best franchise to own in USA?

Top 100 Franchises 2022RankNameCountry1KFCUnited States of America27-ElevenUnited States of America3McDonald'sUnited States of America4Marriott InternationalUnited States of America16 more rows

What franchise can I open with 30k?

Business opportunities available for $30,000 and less:ClaimTek Systems. ClaimTek leads the billing industry, and it is booming! ... Tutoring Works. TUTORING WORKS! ... The Lending Network. ... AMZ Dynasty - Ecommerce Store. ... AMZ Wholesale. ... Oasis Senior Advisors. ... Global Financial Training Program. ... SandFree Floor Refinishing.

How much does it cost to open a steakhouse franchise?

This varies depending on the franchise you choose to work with and the location, but the average initial investment for a steak restaurant franchise is between $1 million and $2 million with some requiring an investment of about $6 million.

Texas Roadhouse

Texas Roadhouse is a casual dining concept that first opened in 1993 and today has grown to over 580 restaurants system-wide in 49 states and ten foreign countries.

About Texas Roadhouse

Based in Louisville, Kentucky, Texas Roadhouse opened its doors in 1993 and has more than 580 locations in 49 states and seven countries. The family-friendly restaurant is famous for hand-cut steaks, made-from-scratch sides, fresh-baked bread, and a lively atmosphere.

Available Franchise Opportunities

While Texas Roadhouse is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.

How much does a Texas Roadhouse steakhouse franchise cost?

How much does the Texas Roadhouse Steakhouse franchise cost? Texas Roadhouse Steakhouse has the franchise fee of up to $40,000, with a total initial investment range of $1,600,000 - $3,000,000. Liquid Cash Requirement: $200,000.

Where is Texas Roadhouse Steakhouse?

Please try again later. Texas Roadhouse steakhouse franchise originates from Louisville, Kentucky. It was started in 1993 as a family restaurant where kids and adults ate delicious food and enjoyed the atmosphere. The main dish in their menu is steak in Southwestern cuisine style.

How much does a Texas Roadhouse franchise make?

As with any business, profits from a Texas Roadhouse franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .

When did they begin franchising?

They began franchising in 1995. The average Steakhouse franchise began franchising in 1995.

What is franchise grade?

Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.

Is Texas Roadhouse franchising?

Based on our most recent research, Texas Roadhouse is not franchising in the US at this time.

Are there any Texas Roadhouse franchise opportunities near me?

Based on 2021 FDD data, Texas Roadhouse has franchise locations in 22 states. The largest region is the South with 30 franchise locations.

Initial Training Fee

For your first restaurant the initial training of up to five managers and Operating Principle is free. However, for the second restaurant the initial fee is $3,500 per person and this includes training and the cost of materials.

Site Evaluation Fee

Texas Roadhouse provides one on-site evaluation where the restaurant chain will determine if the site needs additional evaluation. If so, it will cost $500 and as well as travel expenses for the evaluation.

Construction Inspection Fee

Texas Roadhouse will inspect the construction of the new restaurant and there is no additional charge for this. If there needs to be additional inspections it will cost $500 not including the travel expenses that need to be paid.

Open Crew Assistance

The franchise offers trained representatives to help you through opening up a restaurant. Here, there are expenses for each representative such as traveling, lodging, meals, supplies and opening t-shirts. Coordinators get paid $14 per hour and trainers get paid $13 an hour in addition to overtime wages and per diem.

Marketing and Promotional Texas Roadhouse Franchise Costs

There is a marketing fund that the franchisee has to contribute to which is .3% of your gross sales The total amount in dollars made in the business before expenses are deducted. See also Gross Revenue. and a maximum of 2.5% of your gross sales. The marketing fund is for national or regional marketing of Texas Roadhouse.

How much does a Texas Roadhouse franchise cost?

Are you interested in getting into a Texas Roadhouse Franchise but wondering the investment cost? We reviewed the Franchise Disclosure Document and found the initial estimated investment for a new Texas Roadhouse Franchise to be a range from $2,790,500-$4,963,500. This amount must be capitalized with equity of not less than $800,000 or 25% of the total estimated project cost, whichever is higher and includes an initial franchise fee of $40,000.

Where is Texas Roadhouse located?

Texas Roadhouse was founded on February 17, 1993, at the Green Tree Mall in Clarksville, Indiana; across the Ohio River from Louisville. Founder W. Kent Taylor lived in Colorado and worked at nightclubs and restaurants there, having aspirations to attend a culinary school. In 1990, Taylor returned to his hometown of Louisville. He began work as a Kentucky Fried Chicken manager, and had dreams to open a Colorado-themed restaurant.

How much marketing do you need to spend on a restaurant in Texas?

You must spend 2% of the Gross Sales of the Restaurant each month on marketing for the Restaurant in its Area of Primary Responsibility. All of yoru marketing must be approved by Texas Roadhouse corporate before you use it.

Is Texas Roadhouse publicly traded?

Today, Texas Roadhouse is publicly traded and is famously know for its buckets of peanuts and free rolls. The brand has more than 500 locations across the US.

Who is the general counsel at Texas Roadhouse?

Ms. Catlett was appointed as our General Counsel in November 2013. She joined Texas Roadhouse in 2005 and has served as Associate General Counsel since 2010 and Corporate Secretary since 2011. Prior to joining Texas Roadhouse, Ms. Catlett practiced law in New York, New York. Ms. Catlett has over 15 years of legal experience, including over 10 years of experience in the restaurant industry.

Does Texas Roadhouse have training?

The initial training program is offered as needed during the year depending on the number of new franchisees entering the System, the number of other personnel needing training and the scheduled opening of new Texas Roadhouse Restaurants.

Who is the Chief Financial Officer of Texas Roadhouse?

Since joining Texas Roadhouse in 1998, she has held the positions of Controller, Director of Financial Reporting and Vice President of Finance and Investor Relations. Ms. Robinson is a licensed Certified Public Accountant and has over 20 years of experience in the restaurant industry.

Find Texas Roadhouse Franchise Owners

One of the best ways to thoroughly research a franchise or business opportunity investment before purchasing one is to get feedback from current and former franchisees involved in the franchise system.

Get Contact Details & Mailing List of Texas Roadhouse Franchisees

The difficult part of this step of the franchise buying due diligence process lies in obtaining a current list of TEXAS ROADHOUSE franchise owners.

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