Franchise FAQ

is texas roadhouse franchise

by Dr. Johnnie Spencer DVM Published 2 years ago Updated 1 year ago
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Texas Roadhouse goes by the slogan Legendary Food, Legendary Service» 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 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?

Average Sales / Revenue per Year The average annual sales per unit is at $5,359 (thousands). Texas Roadhouse doesn't show much of their average profit per franchise, but estimates show that each franchise earns a net profit of $522,000 per location after EBITDA (@ 12.3% EBITDA margins).

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%

How much is it to buy a Taco Bell franchise?

Costs overview Franchising fee: It costs between $25,000 and close to $50,000 for the initial franchise fee. This, too, will vary depending on the details of your specific Taco Bell franchise. Net worth: The current net-worth requirement is around $1.5 million worth of assets.

How much money does Texas Roadhouse make a year?

Compare TXRH With Other StocksTexas Roadhouse Annual Revenue (Millions of US $)2019$2,7562018$2,4572017$2,2202016$1,9919 more rows

How much do Texas Roadhouse managing partners make?

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

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.

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?

Texas Roadhouse Managing Partners earn $86,000 annually, or $41 per hour, which is 1% higher than the national average for all Managing Partners at $85,000 annually and 26% higher than the national salary average for ​all working Americans.

How much money does Texas Roadhouse make a year?

Compare TXRH With Other StocksTexas Roadhouse Annual Revenue (Millions of US $)2019$2,7562018$2,4572017$2,2202016$1,9919 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.

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.

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.

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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Complete the form below to get more information, including estimated costs to open and operate this franchise.

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.

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