who owns the outback steakhouse chain

What restaurants are affiliated with Outback?

Which Outback, Bonefish, Carrabba’s restaurants are closing?

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Does Outback Steakhouse have a senior discount?

They offer a senior discount, which is perfect for older adults who want to eat out without breaking the bank. The Outback Steakhouse senior discount includes all drinks, entrees and desserts, but excludes alcoholic beverages. There are also some other requirements in order to take advantage of this offer!

What is the parent company of Outback Steakhouse?

Outback Steakhouse's Tampa-based parent company, Bloomin' Brands, details the harsh toll COVID-19 has taken on its finances. Bloomin’ Brands, the Tampa-based company that owns Outback Steakhouse and several other fast-casual restaurant brands, has sustained heavy losses during the COVID-19 crisis.

Who is the CFO of Outback Steakhouse?

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Is Outback owned by Applebee's?

Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains....Bloomin' Brands.TypePublicNumber of employees93,000 (2020)SubsidiariesOutback Steakhouse Carrabba's Italian Grill Bonefish Grill Fleming's Prime Steakhouse & Wine BarWebsiteBloomin' BrandsFootnotes / references10 more rows

Does Bloomin own Outback Steakhouse?

Since then, our family of brands has expanded to include Carrabba's Italian Grill, Bonefish Grill, Fleming's Prime Steakhouse & Wine Bar, and Aussie Grill by Outback.

Are Carrabba's and Outback owned by the same company?

Bloomin' Brands Inc. - the company that owns Outback Steakhouse, Bonefish Grill, Carrabba's Italian Grill and Fleming's Prime Steakhouse & Wine Bar - is closing 43 restaurants nationwide.

What franchise owns Outback?

Evergreen Restaurant Group has been a franchisee for 21 years and operates Outback, Carrabba's and Bonefish Grill restaurants in states across the northwest. Bloomin' Brands is the parent company of four national restaurant chains, including Outback Steakhouse, Carrabba's, Bonefish Grill and Fleming's.

Who owns Red Lobster?

Golden Gate CapitalThai Union GroupRed Lobster Management LLCRed Lobster/Parent organizations

Who owns Bloomin Onion?

Outback SteakhouseBattered, fried onions, with their segments fanned out like flowers, have long had a spot in America's heart. Or at least they have since around 1988, when Outback Steakhouse trademarked the phrase “bloomin' onion.” (The chain's parent company is aptly named Bloomin' Brands.)

What company owns Olive Garden?

Darden RestaurantsOlive Garden / Parent organizationDarden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando. As of January 2022, the firm owns two fine dining restaurant chains: Eddie V's and The Capital Grille; ... Wikipedia

Is Outback a franchise?

Outback Steakhouse has a franchise fee of up to $40,000, with a total initial investment range of $2,489,700 to $6,065,000. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

Owner of Outback Steakhouse

Outback Steakhouse was originally owned by OSI Restaurant Partners. OSI Restaurant Partners owned and ran the Outback Steakhouse in the United States until it was acquired in 2006 by Bloomin’ Brands.

Founders

Bloomin’ Brands was founded in August 1998. The company started in Tampa, Florida, and expanded worldwide via purchasing and acquiring several other companies. The four founders of the company are:

How many restaurants does Outback Steakhouse represent?

The Outback Steakhouse PAC itself is one of the largest donors in the food and beverage sector, second only to the National Restaurant Association, which itself represents 300,000 restaurants.

Where is Outback Steakhouse?

Outback Steakhouse. Outback Steakhouse is an Australian-themed American casual dining restaurant chain, serving American cuisine, based in Tampa, Florida. The chain has over 1,000 locations in 23 countries throughout North and South America, Asia, and Australia. It was founded in March 1988 with its first location in Tampa by Bob Basham, Chris T.

How much did Outback Steakhouse contribute to the Republican Party?

Political. The company and its founders are major contributors, via the Outback Steakhouse PAC, to the Republican Party, contributing $303,015 and $334,197 for the 2000 and 2004 election cycles, respectively.

How many locations does the sandbox chain have?

The chain has over 1,000 locations in 23 countries throughout North and South America, Asia, and Australia. It was founded in March 1988 with its first location in Tampa by Bob Basham, Chris T. Sullivan, Trudy Cooper, and Tim Gannon.

Does Outback Steakhouse have a fundraiser?

Outback Steakhouse has a program to support the communities in which its restaurants are located. They have also joined GroupRaise, a platform where non-profits can book restaurant fundraisers in their locations. On a national level, Outback partners with Heineken USA and their Heineken with a Heart program to raise funds for various organizations in these communities.

Is Outback Steakhouse an Australian restaurant?

While 'Outback Australian' cuisine is not especially well-defined, ordinary Australian foods that are well-defined are not represented in Outback Steakhouse's menu. Because of this, the chain can be considered to use the 'Australian' moniker for marketing purposes only, as a theme restaurant, without any real attempt to reflect Australian cuisine despite its visual merchandising's attempts to do otherwise.

Is Outback Steakhouse a sponsor of the Tampa Bay Lightning?

Outback Steakhouse was the title sponsor of the Outback Champions Series tennis events and NCAA football's Outback Bowl. The sponsorship will last through 2020. Outback is also a partner of the Tampa Bay Lightning and has a concession stand in Amalie Arena.

What is Outback Steakhouse?

Outback Steakhouse, Inc., runs a chain of casual restaurants with and Australian theme based in the South and the Midwest, and owns substantial interest in a second chain, Carrabba's Italian Grill, which serves Italian food in a casual atmosphere.

How many restaurants did Outback have in 1993?

Outback added 35 company-owned outlets and 26 new franchised restaurants in 1993. The chain passed the 100-restaurant mark in March of that year, having expanded into 15 states. Overall, Outback had reported 147 percent annual growth over its first three years as a public company.

How many Outback restaurants were there in 1992?

Overall, the company had 52 outlets that it owned outright, 15 joint-venture operations, and 18 franchised locations, for a total of 85 Outback restaurants.

How much did Outback invest in Houston?

For $2 million, Outback acquired a half interest in two existing restaurants, and the company agreed to invest an additional $8 million in the construction of new restaurants. The company added two new locations in Houston in 1993, and laid plans to add six to eight more in Texas and Florida in the following year.

How much did the Outback save on real estate?

By the end of 1992, these policies had pushed Outback's system-wide restaurant sales to $195 million.

What was Outback's third best small business?

In May 1992, Outback was named the third best small company by Business Week magazine. Outback's rapid growth was fueled by several key tenets held by the company's founders. As a result of their extensive experience in the restaurant industry, Outback's owners believed in decentralized management.

Why did Outback open only for lunch?

One wish Outback did not set out to fulfill, however, was a diner's desire to eat there for lunch. Because a lunch shift complicated restaurant operations, and rarely brought in profits, the company opened only for dinner. "There's not much money in lunch, and it burns out employees," Sullivan explained to Fortune.

When was Outback Steakhouse founded?

The company was founded in August 1988 as Multi-Venture Partners, Inc. in Florida by Tim Gannon, Bob Basham, and Chris Sullivan. In 1988 the first Outback Steakhouse was opened in Tampa, Florida. The company went public in 1991 as a 49-restaurant chain and changed its name to Outback Steakhouse, Inc. The Carrabba's Italian Grill was launched in ...

Who bought OSI Restaurant Partners?

The Wall Street Journal reported on November 7, 2006, that Bain Capital, Catterton Partners and founders Sullivan, Basham, and Gannon (collectively referred to as Kangaroo Holdings, Inc.), had reached an agreement to buy OSI Restaurant Partners Inc. for about $3 billion.

When did Roy Selmon's Cheeseburger in Paradise open?

Cheeseburger in Paradise was launched several years later in 2002.

When did OSI open in California?

OSI also opened Blue Coral Seafood & Spirits in 2006, and planned 15 locations. They had opened two in California: one at Newport Beach in Orange County, and a second in San Diego, until deciding to close in 2009.

What is the name of the outback steakhouse?

Bloomin' Brands ( NASDAQ:BLMN) -- familiar to most people under the name of its biggest restaurant brand, Outback Steakhouse -- is a restaurant company struggling with the contrary pressures of rising profits and sinking revenues.

How much did Bonefish Grill lose in 2019?

In terms of the first 9 months of 2019, Carrabba's posted a -0.4% sales contraction.

When did Barington liquidate its position?

Bloomin' refused to comply, and Barington eventually liquidated its position entirely in November 2019.

Who is John Mackey?

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.

How many locations does Outback Steakhouse have?

The owner of Outback Steakhouse and Carrabba’s on Thursday said it has taken its new virtual concept, Tender Shack, to 725 locations around the U.S.

How much of Tampa's restaurant revenue came from takeout?

The Tampa-based casual dining operator’s revenues declined 20.5% in the last three months of 2020, but 37% of its revenues came through takeout and delivery—a historic high for a company that typically relies on people eating inside its restaurants. Yet that business came as consumers were kept outside of restaurants.

Who owns Chili's wings?

Chili’s owner Brinker International created one such brand in It’s Just Wings and believes it can generate $100 million in sales—it is also considering a brick-and-mortar version. Earlier this week, Applebee’s owner Dine Brands Global announced the creation of Cosmic Wings, its own wing brand.

What is the difference between Logan's Roadhouse and Outback Steakhouse?

The main difference is you get slightly more bang for your buck at Logan's Roadhouse — plus, you don't have to deal with the fake Australian shtick.

How many ounces is Porterhouse Steak?

For example, their Porterhouse Steak is legitimately large (20 ounces, to be exact), but it has little to no flavor and the texture of an old gym shoe. Even if you think you'll enjoy Claim Jumper's Western theme, just watch a Western movie instead — and then head to a steakhouse that is worthy of your money. 20.

What is Texas Roadhouse?

Texas Roadhouse is the result of what would happen if Outback Steakhouse traded in its Australia theme for a Texas theme and actually prioritized the flavor of its food. It even has a better version of Outback's iconic Bloomin' Onion called a Cactus Blossom.

Is Saltgrass Steak House the same as Wolfgang's Steakhouse?

Saltgrass Steak House is basically the opposite of Wolf gang's Steakhouse — both in good ways and bad ways. Saltgrass Steak House offers an extremely comfortable dining experience with friendly, attentive waiters. The prices at this restaurant are relatively low, and it has an impressive assortment of appetizers and desserts.

Is Wolfgang's Steakhouse steak good?

While the steak at Wolfgang's Steakhouse is a lot better than the steak you find at most casual steakhouses, it's not quite good enough to justify the price tag. If you go to this restaurant, be prepared to spend about $50 per steak. While the rib eye steak, specifically, is very flavorful, it's just not notable enough to be worth the money.

Is Morton's Steakhouse a good steakhouse?

Morton's The Steakhouse used to be a dependable destination if you wanted a world-class steak. It claims to have the best steak anywhere, and at one point in time, that may have been close to being true. However, these days, you're taking a gamble if you go to this steakhouse.

Is Bonanza Steakhouse the same as Ponderosa Steakhouse?

Be warned that Bonanza Steakhouse and Ponderosa Steakhouse are essentially the same thing, as both are owned by the same parent company.

Overview

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