Franchise FAQ

are texas roadhouse franchises

by Akeem Hahn Published 1 year ago Updated 1 year ago
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Texas Roadhouse goes by the slogan Legendary Food, Legendary ServiceĀ» which is a testament to how they run their business. Have you ever thought about running your own Texas Roadhouse? 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 does it cost to get a Texas Roadhouse franchise?

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.

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.

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.

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.

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.

Where does Texas Roadhouse get their steaks from?

All of our steaks are tender but any of our cuts of Filet are the most tender. At Texas Roadhouse, all of the beef is imported from the US, is USD Acertified and grain finished for 120 days. Ribeye is the most popular in the GCC. We are known for our Hand-cut Steaks and Fall-Off-The-Bone Ribs.

How much do managing partners make at Texas Roadhouse?

Texas Roadhouse pays Managing Partners $143,221 per year on average. This is 2% less than the national average salary for Managing Partners. Managing Partners make $147,401 per year on average, or $70.87 per hour, in the United States.

How much debt does Texas Roadhouse have?

What Is Texas Roadhouse's Debt? The image below, which you can click on for greater detail, shows that Texas Roadhouse had debt of US$75.0m at the end of June 2022, a reduction from US$190.0m over a year.

How is Texas Roadhouse doing financially?

Revenue in 2022 (TTM): $3.77 B According to Texas Roadhouse 's latest financial reports the company's current revenue (TTM) is $3.77 B.

What is the $5 meal deal at Texas Roadhouse?

Does Texas Roadhouse Have a Lunch Special? Texas Roadhouse used to have $5 boxed lunch meals available when you called in your order in advance or getting your food to-go. The meal included a main dish with fries and a roll.

Can I buy stock in Texas Roadhouse?

How do I purchase stock in Texas Roadhouse? You need to contact a licensed securities dealer or broker to purchase shares.

Why is Texas Roadhouse so popular?

When you really want a nice juicy steak and all the sides, but don't want to blow your paycheck, smart people know to head to Texas Roadhouse. Beloved for its laid-back vibes, huge portions for the price, and high-quality steaks, the steakhouse is the perfect pick for an easy date or night out with friends.

Is Bubba's owned by Texas Roadhouse?

Bubba's 33 was born in 2013 and was created by Kent Taylor, the founder of Texas Roadhouse. Our focus has always been on delicious, made-from-scratch food, friendly service and a fun atmosphere.

Does Darden own Texas Roadhouse?

Darden Restaurants's brand is ranked #342 in the list of Global Top 1000 Brands, as rated by customers of Darden Restaurants. Their current market cap is $18.85B. Texas Roadhouse's brand is ranked #439 in the list of Global Top 1000 Brands, as rated by customers of Texas Roadhouse....Darden Restaurants vs Texas Roadhouse.61%Promoters25%Detractors1 more row

Is Outback and Texas Roadhouse the same?

Texas Roadhouse and Outback Steakhouse are similar at first glance: They're both American chain restaurants that serve steak, and they were both founded thousands of miles away from their namesakes. The Texas-themed Roadhouse was founded in Indiana. The Australian Outback-themed steakhouse? Florida.

Who owns the Olive Garden?

Darden RestaurantsOlive Garden / Parent organizationDarden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando. As of January 2022, the firm owns two fine dining restaurant chains: Eddie V's and The Capital Grille; ... Wikipedia

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 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.

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.

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.

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