Texas Roadhouse acquired Four franchise Texas Roadhouse restaurants (Florida and Georgia) for USD 16.5 million, a transaction announced in December 2016.
Acquired four franchise restaurants in Florida and Georgia on the first day of fiscal 2017 (two wholly owned, two majority owned) to expand company-owned operations.
Acquired four franchise restaurants in Florida and Georgia on the first day of fiscal 2017 (two wholly owned, two majority owned) to expand company-owned operations.
Pursuant to the terms of the acquisition agreements, we paid a total purchase price of $16.5 million, net of cash acquired.
Advisory firms were not disclosed for this transaction.