Texas Roadhouse acquired One franchise Texas Roadhouse restaurant (Florida) for USD 2.2 million, a transaction announced in December 2018.
Acquired one Florida franchise restaurant (owned in part by the founder), which was subsequently relocated; generated $2.2 million of goodwill.
Acquired one Florida franchise restaurant (owned in part by the founder), which was subsequently relocated; generated $2.2 million of goodwill.
Pursuant to the terms of the acquisition agreement, we paid a total purchase price of $2.2 million, net of a $0.3 million charge to settle a pre-existing relationship.
Advisory firms were not disclosed for this transaction.