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Texas Roadhouse Properties For Sale

    



Interested in Purchasing a Texas Roadhouse Property for Investment?

 

If you wish to purchase a Texas Roadhouse property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net Texas Roadhouse properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

  

 

 

Texas Roadhouse

 

 
Price: 

$2M - $5M


Lease Term
:

10 – 20 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
6% – 7%

 

 

Public
Traded as NASDAQ:TXRH
Industry Restaurants
Founded Clarksville, Indiana( February 17, 1993)
Founder Wayne Kent Taylor
Headquarters Louisville, Kentucky,U.S.
Key people
Willie Nelson(spokesman)
Products Steak,ribs,chicken, andseafood
Revenue $880.4 million (2008)
$38.1 million (2008)
Website Texas Roadhouse.com
 


       

 

About Texas Roadhouse: 

 

Texas Roadhouseis an American chain restaurant that specializes in steaks and promotes a Westerntheme.[1]Texas Roadhouse Corporation is headquartered in Louisville, Kentucky. The chain operates about 450 (July 2015) locations in 49 U.S. states, and in Saudi Arabia, Kuwait, United Arab Emirates, and Taiwan. It is known for its free buckets of peanuts at each table along with free yeast rolls.

The company was founded on February 17, 1993, at the Green Tree Mall in Clarksville, Indiana; across the Ohio River from Louisville.[2] Founder W. Kent Taylor lived inColorado and worked at nightclubs and restaurants there, having aspirations to attend a culinary school. In 1990, Taylor returned to his hometown of Louisville.[3] He began work as a Kentucky Fried Chicken manager, and had dreams to open a Colorado-themed restaurant. Former Kentucky Governor John Y. Brown, Jr. helped Taylor fulfill his dream by backing him with $80,000. [3] In 1991, Taylor opened Buckhead Hickory Grill, the chain would eventually become Buckhead Mountain Grill.[4]Taylor was his own executive chef. Brown invested more money and wanted to open a second store in Clarksville, but complications in the partnership caused it to fall apart.[3] Taylor through Scott Canfield found new partners and was forced to use a new name, Texas Roadhouse. A year later, he sold his shares in the Buckhead restaurant. The second Texas Roadhouse opened in Gainesville, Florida. The chain expanded rapidly in the late 1990s, and by the end of 1999, 67 restaurants had been opened. In 2004, the chain began public offerings. In July 2014, Brian Gibson won their burger-eating contest by successfully eating 29 roadhouse burgers in 16 minutes, 28 seconds. [3]

Restaurants offer entertainment in the form of line dancing. The waiters and waitresses learn line dances to popular country songs and perform line dances throughout the night. The employees also participate in intercompany competitions: bartenders compete in "The Real Bar" competition, and meat cutters in the annual "Meat Hero Competition".[5]

The Roadhouse Corporation supports the homebuilding program Habitat for Humanity International.[6] The company also sponsors a road cycling team of about 20 cyclists, along with Willie Nelson tours.[7] Each restaurant has a table called Willie's Corner, with pictures and memorabilia of Willie Nelson. In 2002, Nelson signed a deal to become the official spokesman of Texas Roadhouse. Since then, Nelson has heavily promoted the chain, including a special on Food Network. Following Nelson's legal issues in recent years, the firm and Willie Nelson no longer have a business relationship, and many restaurants no longer have a Willie's Corner. In September 2011, Texas Roadhouse started their international expansion, with the first international location in Dubai.  

 

Texas Roadhouse Properties For Sale Across the United States :

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming    



 

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