The story
Founded by Wayne Kent Taylor in 1993, in Clarksville.1
Texas Roadhouse was established in 1993, at the Green Tree Mall in Clarksville, Indiana, across the Ohio River from Louisville, Kentucky. Founder W. Kent Taylor, a Louisville native, lived in Colorado and worked at nightclubs and restaurants there. In 1990, Taylor returned to his hometown of Louisville, Kentucky. 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. In 1991, Taylor opened Buckhead Mountain Grill. 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.
Brown had elected to pursue another steak concept without Taylor, leaving Taylor with the decision to either stay committed to Buckhead or attempt to start a new business. He decided to go with the latter; however, he had trouble finding investors to help him launch the new concept. Taylor was turned down by many potential investors. Finally, Taylor met a potential investor while he was managing at Buckhead. Dr. John Rhodes became interested in Taylor's proposition of the new steak restaurant concept that Taylor showed to him through drawings on loose papers and cocktail napkins. Taylor was able to convince Dr. Rhodes and two of his colleagues to invest $100,000 each in 1992. A year later on February 17, 1993, the first Texas Roadhouse in Clarksville, Indiana opened its doors. In 1994, Taylor sold his shares in Buckhead Mountain Grill to focus solely on Texas Roadhouse.
In 1993, the second Texas Roadhouse opened in Gainesville, Florida. In 1994, three additional restaurants opened in Cincinnati; Ohio, Clearwater, Florida; and Sarasota, Florida. These three locations would all close because of poor building locations. Kent Taylor was forced to decide how to continue the success of the first two restaurants in Clarksville and Gainesville while dealing with the failures of the three new stores. Taylor decided that better in-store training, building designs, and restaurant decor would help improve Roadhouse's growth. Taylor hired a promising chef who worked in Louisville, Kentucky, Jim Broyles. Broyles was hired as the Director of Food and Beverages and transformed the way Roadhouse prepared and served food. The chain expanded rapidly in the late 1990s, and by the end of 1999, 67 restaurants had been opened. In 2004, Roadhouse became a public company, listing under the symbol "TXRH" on Nasdaq at a price of $17.50 per share and raising $159.3 million. In September 2011, Texas Roadhouse started their international expansion with the first international location in Dubai in the United Arab Emirates. During the COVID-19 Pandemic in 2020, Taylor donated his entire salary and bonus, totaling over $800,000, to his employees.
After struggling with unbearable tinnitus, Taylor died by suicide on March 18, 2021, at the age of 65. It was announced that Jerry Morgan would take over the role of president and CEO.
Taylor's memoir, Made From Scratch: The Legendary Success Story of Texas Roadhouse, was published posthumously.
In April 2025, Texas Roadhouse became the largest casual-dining restaurant chain in the United States according to data from Technomic on the Top 500 largest restaurant chains in the U.S. surpassing previous leader Olive Garden.
Finance
The key financial trends for Texas Roadhouse, Inc. are as follows, based on fiscal years ending December 31:
In the first quarter of 2025, the company posted a 10% year-over-year rise in revenue to nearly $1.5 billion, with earnings per share of $1.70, and same‑store sales growth of 3.5%, outperforming analysts' expectations.
From Wikipedia’s article on Texas Roadhouse, shared under CC BY-SA 4.0.7