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Texas Roadhouse International Franchising
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qualifications
Franchise Partner Profile
Compatible core values
Proven track record of operating in hospitality systems
Infrastructure dedicated to support development
Local knowledge and expertise in the areas of consumer preferences, real estate, government regulations, labor, and distribution
Access to adequate capital
Preferred Criteria
Proven hospitality experience (food service, including QSR, CDR or fast-casual, preferred)
Multiple restaurant development plan
Minimum net worth of $6 million
Minimum liquidity of $3 million
Required Documentation and Procedures
Completed Request for Consideration
Current financial statements
Prior 3 year tax returns or CPA-audited financial statements
Credit, business, and personal references
Balance sheet, P&L, and cash flow statement per existing units
Comprehensive detailed 5-year business plan
Satisfactory P&L for first restaurant and satisfactory restaurant-level profitability for restaurants within country/territory