How much does a Texas Roadhouse franchise cost?
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. The Texas Roadhouse Corporation supports Habitat for Humanity International and sponsors a road cycling team.
Who are the top land owner in Texas?
Texas. The largest private landowner in Texas is King Ranch, Inc., with 911,215 acres. Utah. Box Elder County is the largest owner of private land in Utah with almost 2 million acres. Vermont. Forest-based industries are the largest landowners in Vermont, holding about 666,300 acres. Washington
Who owns Texas land and Cattle Company?
Texas Land & Cattle was purchased along with Lone Star Steakhouse from Lone Star Funds by Day Star Restaurant Group in December 2013; at the time of the sale, there were 27 Texas Land & Cattle restaurants, most of which were in the state of Texas.
Who founded Texas Roadhouse?
Texas Roadhouse was founded on February 17, 1993, at the Green Tree Mall in Clarksville, Indiana; across the Ohio River from Louisville, Kentucky. Founder W. Kent Taylor , a Louisville native, lived in Colorado and worked at nightclubs and restaurants there.
Does Willie Nelson still 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.
Who owns Texas Roadhouse Inc?
The company is controlled by its founder and chairman, W. Kent Taylor, who owns approximately 60 percent of Texas Roadhouse stock. Kent Taylor's first passion was the state of Colorado, not Texas, specifically the mountains in Colorado.
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 $522,000 per location.
Who owns the most Texas Roadhouse?
Top 10 Owners of Texas Roadhouse IncStockholderStakeTotal value ($)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
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.
Who took over Texas Roadhouse?
But after his passing in March, Roadhouse has a new leader, a 24-year veteran of the brand who rose through the ranks from managing partner to president and was hand-picked by Taylor to succeed him. So while Jerry Morgan has Taylor's full endorsement, his place at the top of the Louisville, Ky.
How much would it cost to open 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.
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 much debt does Texas Roadhouse have?
Texas Roadhouse long term debt for the quarter ending June 30, 2022 was $0.075B, a 60.53% decline year-over-year. Texas Roadhouse long term debt for 2021 was $0.723B, a 5.15% decline from 2020....Compare TXRH With Other Stocks.Texas Roadhouse Annual Long Term Debt (Millions of US $)2020$7622019$5392018$2017$529 more rows
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 Texas Roadhouse cut their own steaks?
Each Texas Roadhouse restaurant employs a butcher and a baker. The butchers, or meat cutters, hand cut each and every steak that we serve. Our meat cutters work in 34-degree coolers and cut an average of $1 million of meat a year per store. Our bakers are responsible for making our yeast rolls from scratch every day.
Why do they dance at Texas Roadhouse?
Country dancing is an integral part of the Texas Roadhouse experience. "We line dance every hour on the half hour," restaurant owner Mike Parratino said. "It's just something fun for the guests. It's just part of what we do at Texas Roadhouse, have some fun and keep the energy up and guests love it.
Where is the headquarters for Texas Roadhouse?
Louisville, KYTexas Roadhouse / Headquarters
Is Texas Roadhouse a public company?
Texas Roadhouse stock is traded on the Nasdaq under the symbol TXRH.
Is Texas Roadhouse a franchise?
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.
Who owns the Olive Garden?
Darden RestaurantsOlive Garden / Parent organizationDarden's family of restaurants features some of the most recognizable and successful brands in full-service dining — Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's.
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.
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.
Who is the founder of Texas Roadhouse?
Texas Roadhouse, Inc. is a growing restaurant company operating in the casual dining segment. Our late founder, W. Kent Taylor, started the business in 1993 with the opening of the first Texas Roadhouse in Clarksville, Indiana.
How many Texas Roadhouse restaurants are there?
Our late founder, W. Kent Taylor, started the business in 1993 with the opening of the first Texas Roadhouse in Clarksville, Indiana. As of September 28, 2021, the Company and it’s franchisees operate 654 restaurants system-wide in 49 states and 10 foreign countries, including 616 Texas Roadhouse restaurants, 35 Bubba’s 33 restaurants, and 3 Jaggers restaurants.
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.
When was Texas Roadhouse opened?
Texas Roadhouse was established in 1993 when Kent Taylor opened the first restaurant in Clarksville, Indiana, with the goal of providing a place that is fun for people of all ages and where everyone can enjoy a great meal. The brand expanded rapidly in the late 1990s and went public in 2004.
What is Texas Roadhouse?
Texas Roadhouse is a chain of steakhouses with a decidedly Western theme and a robust menu of steaks, ribs, chicken and seafood. The restaurant brand has won several national cooking championships with their ribs and steaks. Texas Roadhouse takes special pride in their steaks, always fresh-cut in the restaurant, never frozen.
How many Texas Roadhouse locations are there?
Texas Roadhouse operates more than 360 locations in 47 states. The restaurant slogan is “Legendary Food, Legendary Service,” and it takes both very seriously, with only fresh food always made from scratch in the restaurant.
Is Texas Roadhouse steak frozen?
Texas Roadhouse takes special pride in their steaks, always fresh-cut in the restaurant, never frozen. Texas Roadhouse helps bolster its Western theme with servers who learn to line dance and perform throughout the night to popular country songs.
Is Texas Roadhouse a franchise?
Texas Roadhouse Steakhouse is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $250,000 .
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.
