Tony Roma's

Ribs, steaks, seafood
FREE Franchise Guide!
Franchise 500 2023
2024 Franchise 500 Rank
#404 Not ranked last year
See the Full List
Initial investment
$1.7M - $2.9M
Units as of 2023
57 Decrease 46% over 3 years

Tony Roma's may be a recognized name in upscale casual dining. Tony Roma’s offers a range of popular dishes, building on the popularity of its baby back ribs with top-secret BBQ sauce, the specialty that initially caught the public's imagination. So popular was the BBQ sauce that Tony Roma's may be known internationally for it.

Tony Roma’s has an interesting business history, starting with a single restaurant in Miami, Florida, in 1972 and opening its first international franchise in Tokyo in 1979. The company is looking to open new franchises nationwide with ten-year renewable contracts.

Since beginning to franchise, Tony Roma’s has opened several locations in the United States and Canada to go along with numerous international locations.

Why You May Want To Start a Tony Roma's Franchise

Tony Roma's core values include great food, friendly service, and comfortable, family-friendly dining. The chain has designed its restaurants with the customer in mind. As such, they offer plenty of outdoor seating, numerous TV screens for sports fans, and spacious bars that may serve a range of draft beers. 

Because of this, Tony Roma's prefers franchisees who have experience in the restaurant or hospitality sectors. It wants its franchisees to have a passion for food and the Tony Roma's brand. Potential franchisees should also be good team leaders and have excellent customer service skills.

However, Tony Roma's usually allows for absentee ownership. So, if you don't have the qualifications that the company is looking for in a restaurant manager or hands-on owner/operator, you may be able to open a Tony Roma’s franchise and hire a manager who does.

What Might Make a Tony Roma's Franchise a Good Choice?

Because of its reputation and reach, loyal customers may know what to expect when they walk into a Tony Roma's restaurant. Franchisees are responsible for maintaining the high standards that the customer and Tony Roma's brand expect. Should a franchisee be a hands-on owner, they will manage the day-to-day operations of a busy restaurant. Even an absentee owner should expect to remain updated on their location's daily goings-on.

To be part of the Tony Roma's team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open a Tony Roma's Franchise

The restaurant business is highly competitive. One of the advantages of franchising under a well-known name is the potential edge over the competition. Even so, you should look carefully at other restaurants in your area and make sure that you're confident that there is room for a Tony Roma's franchise in your area.

Before making any financial commitment or signing an agreement, you must establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Tony Roma's franchising team questions. For instance, who are your food purveyors, what kind of training should you put your employees through, and how do you implement new, approved menu items?

If awarded a franchise, Tony Roma’s will typically support you throughout the process.

Find Your Perfect Franchise

Company Overview

About Tony Roma's

Industry Food
Related Categories Miscellaneous Full-Service Restaurants, Food: Full-Service Restaurants
Founded 1972
Parent Company Romacorp Inc.
Leadership Mohaimina Haque, CEO
Corporate Address 3662 Avalon Park E. Blvd.
Orlando, FL 32828
Social Facebook, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 1979 (45 years)
# of employees at HQ 7
Where seeking

This company is offering new franchises worldwide.

This company is offering new franchises in the following US states: Colorado, Florida, Iowa, Montana, North Carolina, New Mexico, Nevada, Tennessee

# of Units 57 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Tony Roma's franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
Initial Investment Information Circle
$1,742,500 - $2,883,000
Net Worth Requirement Information Circle
Cash Requirement Information Circle
Royalty Fee Information Circle
Ad Royalty Fee Information Circle
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 472 hours
Classroom Training 21 hours


Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Can this franchise be run part time? Information Circle
# of employees required to run 60
Are exclusive territories available? Information Circle
Take our quick quiz to find your ideal franchise

Franchise 500 Ranking History

Compare where Tony Roma's landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Tony Roma's ranked on other franchise lists? Find out below.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Tony Roma's.

Home Helpers Home Care

Nonmedical/skilled home care; monitoring products and services

UPS Store, The

Shipping, packing, mailboxes, printing, faxing, shredding, notary services

Related Franchise Content

Catch up on the latest franchise news, trends, and more.


5 Strategies for Dealing with High Employee Turnover

High turnover can also lead to decreased morale among remaining staff, inconsistency in service quality and, ultimately, a negative impact on the bottom line.


From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands

From Dunkin' and Ben Affleck to Jersey Mike's with Danny DeVito and Whataburger partnering with Patrick Mahomes, explore how these celebrity endorsements connect with communities and elevate brand recognition.


This Entrepreneur Is on a Mission to Eradicate Generational Poverty in the Black Community — And She's Using Franchising to Do It.

Tarji Cater and her organization, The Franchise Player, provide education, opportunities and resources to the Black community, aiming to eradicate generational poverty and build wealth through franchising.


What Is the "Hottest" Franchise to Buy?

There has to be a "best" franchise and a "hottest" industry, right? Well, sorry, there is not. Franchise expert Tim Parmeter explains why.


The Top 15 Low-Cost Franchises for Under $25,000 in 2024

Looking for an inexpensive franchise to open? Explore the best franchises under $25k, according to the 2024 Franchise 500 Ranking.


McDonald's Dives Into Anime Craze — And Flips Its Golden Arches— with WcDonald's Event

McDonald's celebrates anime culture with "WcDonalds," a unique, limited-time event featuring custom manga packaging and themed menu items.

See more franchise content
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022