Based on our most recent research, Texas Roadhouse is not franchising in the US at this time. Texas Roadhouse businesses feature a specialized menu of steaks and ribs, related food items, and full bar service. Texas Roadhouse has international franchise opportunities available.
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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 a franchise of 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.
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.
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
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.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
Are franchise restaurants profitable?
According to a McKinsey study, the average fast-food franchise makes a gross profit of more than 20 percent on revenues of $2.5 million per year. That's more than twice the profitability of the average small business. The profitability of fast-food franchises varies based on the location and the menu items.
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 many pounds of beef does Texas Roadhouse use?
Fact Friday: Texas Roadhouse meat cutters hand cut over 70,000 pounds of meat per day.
How much does Texas Roadhouse gross a year?
Revenue in 2022 (TTM): $3.77 B.
Are franchise restaurants profitable?
According to a McKinsey study, the average fast-food franchise makes a gross profit of more than 20 percent on revenues of $2.5 million per year. That's more than twice the profitability of the average small business. The profitability of fast-food franchises varies based on the location and the menu items.
How much is Texas Roadhouse net worth?
$6.32BHow much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Texas Roadhouse net worth as of October 18, 2022 is $6.32B.
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
Who is the new CEO of Texas Roadhouse?
Gerald L. Morgan (Mar 18, 2021–)Texas Roadhouse / CEOThe Louisville-based company's board of directors appointed Gerald "Jerry" Morgan, president of Texas Roadhouse, to the CEO role, effective immediately. Morgan, 60, will succeed Kent Taylor, the company's founder, chairman and CEO, who died at age 65 on Thursday.
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.
About Franchise
It all began on February 17, 1993, when Kent Taylor opened the first Texas Roadhouse in Clarksville, Indiana. Kent’s goal was to own not just a family restaurant and not just a steak restaurant, but a place where everyone, of all ages, could come and have a great meal and great fun for a great price.
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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.
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.
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.
