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.
How much does it cost 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.
How much does a Texas Roadhouse franchise owner make?
Well, the average Texas Roadhouse does $4.25M in sales and runs approximately 12.3% EBITDA margins, so you can expect to make about $522,000 per location.
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.
Is Texas Roadhouse a good investment?
Valuation metrics show that Texas Roadhouse, Inc. may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors.
How do you become a Texas roadhouse owner?
Texas Roadhouse has a franchise fee of up to $40,000, with a total initial investment range of $3,595,500 to $6,463,500.Initial Franchise Fee: $40,000.Total Investment: $3,595,500 to $6,463,500.Working Capital: $442,000 to $641,500.Royalty Fee: 4.0%
What is the cost of McDonald's franchise?
The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.
How much money does Texas Roadhouse make a year?
Texas Roadhouse annual revenue for 2019 was $2.756B, a 12.16% increase from 2018....Compare TXRH With Other Stocks.Texas Roadhouse Annual Revenue (Millions of US $)2020$2,3982019$2,7562018$2,4572017$2,2209 more rows
How much do Texas Roadhouse managing partners make?
$198,336. The estimated total pay for a Managing Partner at Texas Roadhouse is $198,336 per year.
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.
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.
Is Texas Roadhouse overvalued?
Price to Earnings Growth Ratio Texas Roadhouse has a PEG Ratio of 1.64. PEG Ratios above 1 indicate that a company could be overvalued.
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 do Texas Roadhouse managing partners make?
How Much Does Texas Roadhouse Pay Managing Partners? 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 money does Texas Roadhouse make a year?
Texas Roadhouse annual revenue for 2019 was $2.756B, a 12.16% increase from 2018....Compare TXRH With Other Stocks.Texas Roadhouse Annual Revenue (Millions of US $)2020$2,3982019$2,7562018$2,4572017$2,2209 more rows
Does Willie Nelson own Texas Roadhouse?
In 2002, Nelson signed a deal to become an official partner of Texas Roadhouse. Since then, Nelson has heavily promoted the chain, including a special on Food Network. Willie Nelson is the owner of the Texas Roadhouse in South Austin, TX.
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 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 .
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.
Do they offer Territory Rights?
Texas Roadhouse offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.
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.
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.
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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.
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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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 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.
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.
How long does it take to become a restaurant manager?
All other managers must be hired at least 6 months prior to the date on which the Restaurant opens. No later than 180 days before the Restaurant begins operations, your Operating Principal, Market Partner (if you must have one), and three to four additional Managers must begin the initial training program.
What percentage of sales is marketing fund?
Marketing Fund: 0.3% of Gross Sales (Regional and National Marketing, capped at 2.5%)
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.
Is Texas Roadhouse a good franchise?
Is Texas Roadhouse a good franchise investment? Well, that depends. If you invest $3.5M and get a return just north of $500,000, that equates to a 14.2% return on investment. You will want to discuss this with a financial adviser to see if this is a good investment for your particular situation.
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.
