How much does a Texas Roadhouse franchise cost?
Opening a Texas Roadhouse franchise takes a total initial investment of $3,894,500 to $7,901,500, according to the brand's 2024 Franchise Disclosure Document. That FDD makes no Item 19 financial performance representation, so it discloses no earnings figures at all.
Texas Roadhouse franchises Texas Roadhouse Restaurants. Category: Food & Beverage.
Item 7
What it costs to open a Texas Roadhouse franchise
The franchisor's own estimated initial investment, as disclosed in its 2024 FDD. The total is $3,894,500 to $7,901,500. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Leasehold/Building Improvements ($1,400,000 to $3,300,000), Equipment ($700,000 to $1,300,000), and Additional Funds (3 months) ($442,000 to $800,000). Together they make up about 68% of the high-end estimate.
The initial franchise fee is $40,000, about 1.0% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Franchise Fee2024 FDD, Item 7, p. 13 | $40,000 | $40,000 | 2024 FDD, Item 7, p. 13 |
| Leasehold/ | $1,400,000 | $3,300,000 | 2024 FDD, Item 7, p. 13 |
| Architectural/ | $190,000 | $280,000 | 2024 FDD, Item 7, p. 13 |
| Builders Risk and OCP Insurance2024 FDD, Item 7, p. 13 | $5,000 | $12,000 | 2024 FDD, Item 7, p. 13 |
| Performance Bonds2024 FDD, Item 7, p. 13 | $12,000 | $38,000 | 2024 FDD, Item 7, p. 13 |
| Furniture, Decor and Fixtures2024 FDD, Item 7, p. 13 | $290,000 | $370,000 | 2024 FDD, Item 7, p. 13 |
| Equipment2024 FDD, Item 7, p. 13 | $700,000 | $1,300,000 | 2024 FDD, Item 7, p. 13 |
| Signs2024 FDD, Item 7, p. 13 | $80,000 | $150,000 | 2024 FDD, Item 7, p. 13 |
| Insurance2024 FDD, Item 7, p. 13 | $60,000 | $140,000 | 2024 FDD, Item 7, p. 13 |
| Initial Inventory2024 FDD, Item 7, p. 14 | $38,500 | $62,000 | 2024 FDD, Item 7, p. 14 |
| Supplies2024 FDD, Item 7, p. 14 | $20,000 | $35,000 | 2024 FDD, Item 7, p. 14 |
| Smallwares2024 FDD, Item 7, p. 14 | $50,000 | $70,000 | 2024 FDD, Item 7, p. 14 |
| Computer Hardware/ | $220,000 | $250,000 | 2024 FDD, Item 7, p. 14 |
| Marketing and Promotional Materials2024 FDD, Item 7, p. 14 | $1,000 | $10,000 | 2024 FDD, Item 7, p. 14 |
| Training Costs/ | $90,000 | $139,500 | 2024 FDD, Item 7, p. 14 |
| Licenses, Permits, Incorporation2024 FDD, Item 7, p. 14 | $120,000 | $300,000 | 2024 FDD, Item 7, p. 14 |
| Liquor Licenses2024 FDD, Item 7, p. 14 | $1,000 | $300,000 | 2024 FDD, Item 7, p. 14 |
| Utility and Telephone Deposits2024 FDD, Item 7, p. 14 | $5,000 | $50,000 | 2024 FDD, Item 7, p. 14 |
| Other Pre-opening Costs Not Listed Above2024 FDD, Item 7, p. 14 | $130,000 | $255,000 | 2024 FDD, Item 7, p. 14 |
| Additional Funds (3 months)2024 FDD, Item 7, p. 14 | $442,000 | $800,000 | 2024 FDD, Item 7, p. 14 |
| Total estimated initial investment2024 FDD, Item 7, p. 13-14 | $3,894,500 | $7,901,500 | 2024 FDD, Item 7, p. 13-14 |
Source Texas Roadhouse, 2024 FDD, Item 7, p. 13-14, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Item 19
What Texas Roadhouse franchisees actually report earning
This brand's FDD publishes no Item 19.
We do not make any representations about a franchisee’s future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet.
Source Texas Roadhouse, 2024 FDD, Item 19, p. 45, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Item 20
How many Texas Roadhouse outlets there are, and how many closed
Texas Roadhouse ended 2023 with 56 franchised outlets and 582 company-owned outlets. In that year 3 franchised outlets opened and 9 left the system.
Three years at a glance
From 2021 through 2023, Texas Roadhouse opened 4 franchised outlets and 17 outlets left the system. That is a net loss of 13, from 69 to 56 franchised outlets. Of the outlets that left, 16 were bought back by the franchisor and 1 closed for other reasons.
On average, about 8.5% of franchised outlets left the system each year, roughly 1 in 12.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2023 | 62 | 3 | 0 | 0 | 8 | 1 | 56 | 2024 FDD, Item 20, p. 48 |
| 2022 | 70 | 0 | 0 | 0 | 8 | 0 | 62 | 2024 FDD, Item 20, p. 48 |
| 2021 | 69 | 1 | 0 | 0 | 0 | 0 | 70 | 2024 FDD, Item 20, p. 48 |
Source Texas Roadhouse, 2024 FDD, Item 20, p. 48, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Compare
How Texas Roadhouse compares with other Food & Beverage franchises
Measured against the 256 Food & Beverage franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Texas Roadhouse's estimated range is $5,898,000. It costs more to open than 99% of Food & Beverage franchises here.
- Outlets leaving each year. 8.5% for Texas Roadhouse. That is higher than 68% of the 165 Food & Beverage franchises with at least 10 outlets.
- Three-year growth. Texas Roadhouse's franchised system shrank 19%. The typical Food & Beverage franchise here grew 5.0%.
- Earnings disclosure. 152 of the 256 Food & Beverage franchises here publish earnings figures in Item 19. Texas Roadhouse is not one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Food & Beverage franchise side by side.
Alert me when Texas Roadhouse files a new FDD
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