Ruth's Chris Steak House is a Franchise Grade Made The Grade™ franchise, which means it's ranked strongly by our research team.
Ruth's Chris Steak House has established, and continue to develop, a chain of upscale restaurants which offer steak and other entrees, hot and cold side dishes and a full service bar, for on-premises consumption. Ruth’s Chris Steak Houses provide products and services to the general public and occupy approximately 7,200 to 12,000 square feet typically located in urban and suburban areas.
Ruth's Chris Steak House has a franchise fee of up to $150,000, with a total upfront investment range from $2,539,500 to $5,932,500.
The initial purchase price of any franchise includes several fees. Check out this investment opportunity to better understand the specific costs required to buy a Ruth's Chris Steak House, such as territory fees, construction and costs, grand opening advertising, and furniture and fixtures purchases. It should be noted that, franchise companies must to disclose all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay. Another important consideration to review is whether the initial fees are refundable or not. The franchise system must disclose what conditions any of the initial fees are refundable. A franchise must also disclose a range of fees if its upfront fees are not uniform within the franchise. A thorough review of the Item 5 upfront fees will give you the answers needed to make a decision to purchase this franchise.
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As with any new franchised business, the franchisee's income and the revenue from a Ruth's Chris Steak House franchise opportunity depends on a variety of factors. One way to check on the potential revenues or profits generated from a Ruth's Chris Steak House franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Usually, earnings and owner's income are correspond to the size of the investment and number of locations you buy. Demand for your products, the labor costs, commercial lease rates and a number of other variables also play a large role in your earnings and your personal income
For more details and franchise specific on the revenue of a Ruth's Chris Steak House franchise, unlock this franchise
As of the 2016 Franchise Disclosure Document, there are 81 franchised Ruth's Chris Steak House locations across the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2016 FDD analysis, Ruth's Chris Steak House has franchised locations in 24 states.
Based on the data collected this franchise opportunity is growing into new cities and might be available in your city.
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Last Reviewed: 2016
Sector: Full-Service Restaurants
Yes, they have an initial training program of 708 hours. This includes 236 hours of classroom training, 472 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
Ruth's Chris Steak House offers territory protections. For an explanation of territory rights, unlock this franchise for important details.
Yes, Ruth's Chris Steak House offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 1976. The average Steakhouse franchise began franchising in 1995.
No, but you can click here to fill out our affordability calculator and understand your financing options.