Texas Roadhouse vs Bonefish Grill
Franchise Comparison 2026
Both Texas Roadhouse and Bonefish Grill are full-service restaurants franchises. Texas Roadhouse requires an investment of $5.4M – $7.9M while Bonefish Grill requires $4.3M – $9.0M. Neither Texas Roadhouse nor Bonefish Grill makes a financial performance representation in Item 19 of its FDD — a voluntary item under the FTC Franchise Rule — so the two cannot be compared on disclosed unit revenue. FranchiseVerdict rates Texas Roadhouse B (Above average) and Bonefish Grill B (Above average).
| Metric | Texas Roadhouse | Bonefish Grill |
|---|---|---|
| Verdict Grade | BAbove average | BAbove average |
| Investment Range | $5.4M – $7.9M | $4.3M – $9.0M |
| Franchise Fee | $40K | $40K |
| Royalty Rate | 4.0% | 5.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | N/ANo Item 19 representation |
| SBA Charge-Off Rate | Limited data | N/A |
| Total Units | 638 | 166 |
| Unit Growth (YoY) | -6 units | -2 units |
| Year Began Franchising | 1995 | 2002 |
| FDD Year | 2024 | 2025 |
Investment Range
$5.4M – $7.9M
$4.3M – $9.0M
Franchise Fee
$40K
$40K
Royalty Rate
4.0%
5.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
N/ANo Item 19 representation
SBA Charge-Off Rate
Limited data
N/A
Total Units
638
166
Unit Growth (YoY)
-6 units
-2 units
Year Began Franchising
1995
2002
FDD Year
2024
2025