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Tony Roma’s

A Recognized Name in Dining Tony Roma’s is […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 1972
Category Locations: N/A
Available Ownership Type: N/A
Corporate HQ City:
Corporate HQ State:
Investment Range: $1,742,500
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Royalty Percentage: 4%%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Tony Roma's Franchise: A Look Inside

A Recognized Name in Dining

Tony Roma's is a well-known name in the casual dining world. They are famous for their delicious baby back ribs with a secret BBQ sauce, which has made them a popular choice worldwide. Tony Roma's has been serving up their signature ribs since 1972, starting with a single restaurant in Miami, Florida. In 1979, they expanded internationally with their first franchise in Tokyo, Japan.

Franchise Opportunities

Tony Roma's is actively seeking new franchisees across the country. They offer ten-year renewable contracts, providing a stable business opportunity. The company is known for its commitment to quality food, friendly service, and a comfortable family-friendly atmosphere. Tony Roma's restaurants feature spacious dining areas with outdoor seating options, plenty of TVs for sports fans, and large bars serving a variety of beers.

Ideal Franchisee Profile

Tony Roma's is looking for franchisees with experience in the restaurant or hospitality industry. They want individuals who are passionate about food and the Tony Roma's brand, with strong leadership skills and excellent customer service abilities. While hands-on experience is preferred, Tony Roma's also allows for absentee ownership. This means if you don't have direct restaurant management experience, you can still own a franchise and hire a qualified manager to run the daily operations.

Why Choose a Tony Roma's Franchise?

Tony Roma's has a strong reputation and loyal customer base. Franchisees are expected to maintain the high standards that customers have come to expect from the brand. Whether you're a hands-on owner managing the day-to-day operations or an absentee owner, you'll need to stay informed about your restaurant's performance.

Financial Considerations

Before you invest in a Tony Roma's franchise, make sure you understand the financial commitment involved. This includes an initial franchise fee, startup costs, and ongoing fees such as advertising, royalty, and potential renewal fees. You'll also need to meet the company's net worth and liquid capital requirements.

Taking the Next Step

The restaurant industry is competitive, but having a well-known brand like Tony Roma's can give you an edge. Before making any decisions, thoroughly research the restaurant market in your area to determine if there's a demand for a Tony Roma's franchise.

It's essential to do your due diligence before signing any agreements. Talk to existing franchisees and ask the Tony Roma's franchising team questions. Learn about their food suppliers, employee training programs, and how new menu items are implemented.

Tony Roma's Support

If you're selected as a franchisee, Tony Roma's will provide support throughout the process. They are committed to helping you build a successful business.

Support & Training offered by Tony Roma's

Additional Information

Category Location N/A
Number of Units Open 57 (as of 2023)
Investment Range $1,742,500 - $2,883,000
Master Franchise N/A
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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