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How much is an Outback franchise?
Outback Steakhouse Franchise Cost / Initial Investment / Outback Steakhouse Franchise Income. With a low franchise fee of $10,000, the total investment to open an Outback Steakhouse franchise is $1.6 million, with start-up costs of $500,000.
Who is the owner of Bloomin Brands?
David J. Deno (Apr 1, 2019–)Bloomin' Brands / CEO
Is Bloomin Brands publicly traded?
Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains. The company was established in 1988 in Tampa, Florida, where it is headquartered....Bloomin' Brands.TypePublicRevenueUS$ 4.213 billion (2017)Number of employees93,000 (2020)12 more rows
How much does it cost to open a steakhouse franchise?
This varies depending on the franchise you choose to work with and the location, but the average initial investment for a steak restaurant franchise is between $1 million and $2 million with some requiring an investment of about $6 million.
How is Outback Steakhouse doing financially?
Revenue rose by 15.5% to $1.14 billion, beating the $1.13 billion analysts expected and management's own forecast. In the quarter that ended in March, Outback Steakhouse had comparable-restaurant sales growth of 9.2%. Its Carrabba's Italian Grill and Bonefish Grill had growth of 11.5% and 21.3%, respectively.
How much does the CEO of Bloomin Brands make?
Compensation by CompanyName And TitleTotal CompensationDavid J. Deno Chief Executive OfficerTotal Compensation $7,518,278 View detailsGregg D. Scarlett Executive Vice President, Chief Operating Officer, Casual Dining RestaurantsTotal Compensation $3,000,611 View details4 more rows
Is Bloomin Brands a good stock?
On average, Wall Street analysts predict that Bloomin' Brands's share price could reach $26.08 by Oct 11, 2023. The average Bloomin' Brands stock price prediction forecasts a potential upside of 28.42% from the current BLMN share price of $20.31.
Who is Outback owned by?
Bloomin' BrandsOutback SteakhouseTypeWholly owned subsidiaryProductsAustralian themed American cuisineRevenueUS$ 3.888 billion (2017)ParentBloomin' BrandsWebsitewww.outback.com8 more rows
What company owns Outback?
Bloomin' BrandsOutback Steakhouse / Parent organizationSince 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. Together, these unique, Founder-inspired restaurants make up Bloomin' Brands, Inc.
How much is it to franchise a Texas Roadhouse?
Texas Roadhouse Franchise Cost / Initial Investment /Texas Roadhouse. The franchise fee for Texas Roadhouse is $40,000. The total investment to own a Texas Roadhouse is between $1.6 million and $3 million.
How do I start a Outback franchise?
How to open the Outback Steakhouse franchise?Ensure you have adequate capitalization. ... Appreciate the investment required for a restaurant franchise. ... Evaluate your prior experience and strengths. ... Assess market availability. ... Submit your application. ... Receive approval & opening your Outback Steakhouse franchise.
How much does an Outback franchise owner make?
Outback Steakhouse Proprietors earn $64,000 annually, or $31 per hour, which is 2% lower than the national average for all Proprietors at $65,000 annually and 3% lower than the national salary average for all working Americans.
Who is the CEO of Outback?
The Outback Steakhouse Executive Team is rated a "C-" and led by CEO Elizabeth Smith. Outback Steakhouse employees rate their Executive Team in the Bottom 35% of similar size companies on Comparably with 10,000+ Employees.
Where is Bloomin Brands HQ?
Tampa, FLBloomin' Brands / Headquarters
Who started Outback Steakhouse?
Chris T. SullivanTim GannonOutback Steakhouse/Founders
How do I contact Bloomin Brands?
If, at any time, you have specific questions or concerns about the accessibility or usability of any particular web page on this website, please contact us at [email protected] or 1-866-886-1346.
Find out if you have what it takes
The following are qualifications that we look for in our franchise candidates:
Process Timeline
If you meet minimum criteria you will receive an email asking you to fill out our franchise application and detailed financial information.
About
Outback Steakhouse ® is an Australian-themed steakhouse restaurant. The brand’s roots lie heavy as the authority on steak. Although beef and steak items make up a good portion of the menu, chicken, ribs, seafood, and pasta dishes are also offered.
History
In 1988, Outback Steakhouse ® was founded in Tampa, Florida by four friends who were all veterans of the hospitality industry and had the dream of opening their own restaurant. They wanted a place with a casual atmosphere and a strong focus on quality food and service.
Today
Today, Outback Steakhouse® is an international casual dining leader with more than 250 franchise restaurants in 19 countries throughout Southeast Asia, Middle East, Latin America, and more.
How long is a franchise agreement?
7 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
Is an exclusive territory a fixed area?
Yes. Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more.
Our Brands
Bloomin’ Brands is one of the world’s largest casual dining companies with approximately 77,000 Team Members and more than 1,450 restaurants throughout 47 states, Guam, and 20 countries.
In The News
Gift Cards and e-Gift Cards for every occasion. Redeemable at all Bloomin’ Brands restaurants.
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