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Buy an Outback Steakhouse Franchise

Outback Steakhouse is an Australian-themed casual dining steakhouse founded in 1988 in Tampa, Florida. Positioned as an authority on steak, its menu pairs signature beef cuts with seafood, chicken, ribs and pasta, and the Bloomin’ Onion remains its best-known dish. The brand emphasises generous portions at moderate prices, attentive service and a relaxed atmosphere under its “No Rules. Just Right.” approach.

Outback is the flagship brand of Bloomin’ Brands, Inc., the Tampa-based casual dining company publicly traded on NASDAQ (BLMN) since 2012, whose portfolio also includes Carrabba’s Italian Grill, Bonefish Grill and Fleming’s. The wider system spans roughly 1,450 restaurants across 46 US states, Guam and a dozen countries, combining company-operated and franchised locations.

Franchising is handled through Bloomin’ Brands International, which supports more than 250 Outback franchise restaurants across 19 countries. In the US, the company has been refranchising company restaurants to established operators, so domestic franchise activity centres on experienced multi-unit groups working defined territories rather than single first-time units.

Latest Resales

  • There are currently no Outback Steakhouse resales available

Why buy an Outback Steakhouse Franchise?

Buying an Outback Steakhouse franchise means stepping into one of the most recognised names in American casual dining, backed by nearly four decades of brand equity and consistent guest demand. The Australian theme, the Bloomin’ Onion and a loyal customer base give units a differentiated identity that is hard for independents to replicate, in a category that has proved resilient across economic cycles.

Ownership sits behind the infrastructure of a large, publicly traded parent, with access to established supply chain and procurement, menu R&D, marketing systems and cross-functional corporate support. Territories are defined and protected, and the system’s scale supports purchasing power and brand-level advertising that smaller concepts cannot match. The US model favours experienced multi-unit operators, so resales typically involve proven sites with existing teams and trading history.

Outback Steakhouse Franchise Costs & Information

Based on 2024 data reported in the 2025 FDD

  • Brand Profile

    • Year Founded

      1988

    • Franchising Since

      1993

    • New Startup Cost

      $4,260,000 – $9,043,000

    • Avg. Resale Price

      Contact us for details
  • Franchise Fees

    • Initial franchise Fee

      $40,000

      for new territories

    • Transfer Fee

      $1,000

    • Royalty Fee

      5%

      of monthly Net Sales

    • Marketing Fee

      2.49%

      of Net Sales

  • Unit Performance

    • Total Units *

      675

    • New Units Opened *

      0

    • Units Transferred *

      0

    • Avg. Unit revenue *

      Not Disclosed

    * Based on 2024 data reported in the 2025 FDD

Outback Steakhouse – Additional  Information

  1. Training & Support

    Bloomin' Brands International provides franchisees with restaurant operations training plus ongoing support across the disciplines that keep a unit running: supply chain and procurement, menu research and development, marketing, finance, operations, IT and human resources. This cross-functional assistance continues well beyond opening, drawing on the systems of a large publicly traded restaurant company. In a resale, buyers should confirm with the franchisor what operations training and system access transfer to incoming ownership, and how the existing management team's certification carries over.

  2. Ideal Owner

    Outback suits experienced, hands-on restaurant operators rather than first-time owners. The model, particularly in the US, is geared toward established multi-unit groups with full-service and casual dining management depth. Strong fits are comfortable running high-volume kitchens and front-of-house teams, recruiting and retaining staff, controlling food and labour costs, and upholding brand standards across locations. Operational discipline, a hospitality focus and the capacity to manage several units matter more than industry novelty here.

  3. Recognition & Awards

    Outback Steakhouse is one of the largest and most established casual dining steakhouse brands in the US, with nearly four decades of operating history and broad national name recognition since 1988. As the flagship of Bloomin' Brands, Inc., it carries the credibility of a publicly traded parent (NASDAQ: BLMN) and an international franchise presence across 19 countries. For resale buyers, brand-level recognition should be weighed alongside the specific restaurant's local reputation, online reviews and standing within its trade area.

  4. Industry / Market

    Outback operates in the US full-service restaurant market, valued at around USD 362 billion in 2025 and forecast to keep growing, according to Mordor Intelligence. Casual dining remains competitive but durable, supported by steady demand for sit-down, experience-led meals and the convenience of off-premise and takeaway channels. Steak-led concepts hold a stable niche within the category. For resale buyers, local demand depends on a unit's trade area, household incomes, competition and visibility more than national averages.

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