Texas Roadhouse acquired Seven franchise Texas Roadhouse restaurants (South Carolina and Georgia) for USD 26.4 million, a transaction announced in December 2021.
Bought back seven franchise restaurants in South Carolina and Georgia on the first day of fiscal 2022 to grow company-owned store weeks.
Bought back seven franchise restaurants in South Carolina and Georgia on the first day of fiscal 2022 to grow company-owned store weeks.
Pursuant to the terms of the acquisition agreements, we paid a total purchase price of $26.4 million, net of cash acquired.
Advisory firms were not disclosed for this transaction.