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โ Due DiligenceRisks
1. Overdependence on Current Market Position: Texas Roadhouseโs focus on its current market position could limit its ability to expand into new markets or try out new strategies.
2. Increased Competition: With the casual dining industry becoming more competitive, Texas Roadhouse will have to continue to innovate and refine their dining experience in order to stay ahead.
3. Economic Conditions: Poor economic conditions can affect Texas Roadhouseโs ability to operate profits and maintain its current market share.
4. Customer Taste Lapses: An over-reliance on its current menu or limited holiday-specific items can fail to attract a broad-based customer base.
5. Rising Food Prices: Rising food prices can squeeze the profitability of restaurants like Texas Roadhouse.