Tony Roma's

The Tony Roma's franchise is internationally famous for its ribs and has locations around the world. The rib joint was founded in 1972 by Tony Roma as a Miami steak and burger restaurant. Ribs were added to the restaurant's menu on a whim, and the rest is history. The brand saw an increase in franchise sales in the late 1970s after Dallas Cowboys owner Clint Murchison Jr. fell in love with Tony Roma’s ribs and bought a majority stake in the restaurant. Since then, the rib brand has expanded to more than 150 locations around the world. It recently rolled out Tony Roma's 2.0 for the new generation. 

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Tony Roma's Franchise Cost and Requirements for 2024

Background

While many entrepreneurs open burger and chicken joints, many have found success with selling ribs. If you are looking to cash in on the booming restaurant industry, then look no further than Tony Roma's. The franchise is internationally famous for its ribs and has locations around the world. The rib joint was founded in 1972 by Tony Roma and was original a Miami steak and burger restaurant. Ribs were added to the restaurant's menu on a whim, and the rest is history. The brand saw an increase in franchise sales in the late 1970s after Dallas Cowboys owner Clint Murchison Jr. fell in love with Tony Roma’s ribs and bought a majority stake in the restaurant. Since then, the rib brand has expanded to more than 150 locations around the world. It recently rolled out Tony Roma's 2.0 for the new generation. Led by the brand's iconic ribs, grilled items and other iconic offerings, such as the signature Onion Loaf and steaks, Tony Roma's is focusing on local communities through our craft beer section and partnerships with area breweries. The franchise will provide you with great support and training. 
In terms of support and training, you'll be provided with classroom and on-the-job instruction during an initial training program. You will also receive marketing and advertising tools, site selection and grand opening assistance, and ongoing support and training. You can expect an initial investment that ranges between $2,182,500 - $3,580,000 and a cash requirement of $1,000,000. The initial franchise fee is $30,000, and the royalty fee is 4%, 

Company Details

Headquarters :Orlando, FL
First franchise: 1979
Founded: 1972
International: Yes
Canada: Yes
B2B: No
Home-base/mobile: No 
Exclusive territory: Yes
Absentee: No

Support and Training Offered By Tony Roma's

In terms of support and training, you'll be provided with classroom and on-the-job instruction during an initial training program. You will also receive marketing and advertising tools, site selection and grand opening assistance, and ongoing support and training. 

2024 Franchise Requirements Needed to Own a Tony Roma's Franchise.

What does a Tony Roma's Franchise Cost?

Tony Roma's franchise fees for 2024:

Net Worth Requirement: $3,000,000
Initial Franchise Fee: $30,000
Royalty Fee: 4%
Initial Investment: $2,182,500 - $3,580,000
Cash Requirement: $1,000,000

Is Tony Roma's a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Tony Roma's is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Tony Roma's a Home Based franchise?

No. Tony Roma's is not a home based franchise opportunity.

What Do Tony Roma's Franchise Owners Make?

Click here to find out how much Tony Roma's franchisees make. Tony Roma's offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Tony Roma's Looking for Franchisees in Canada?

Yes. Tony Roma's franchise is looking for Canada franchisees.

Is Tony Roma's Looking for International franchisees?

Yes. Tony Roma's franchise is looking for International franchisees.

Where can I see Tony Roma's's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Food & Restaurants

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

Tony Roma's Franchises for Sale

Click Here to inquire about existing Tony Roma's franchises for sale. We may have Tony Roma's franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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