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Outback Steakhouse

Top 500 #36Australian SteakhouseNASDAQ: BLMN
666 Units•HQ: Tampa, FL•Est. 1988•Official Website •Verified: Sep 10, 2026 13:09:06 UTC

“No Worries”

Key Institutional Metrics

Verified commercial performance, store unit economics, and official regulatory disclosures

Systemwide SalesANNUAL
$1.9B
↑+2.5% 3-Yr CAGR

Total annual gross sales across all US franchised & company stores combined.

Source: CA DFPI / FDDFY2025
Total Store Fleet
666 Units
92% Franchised•8% Company

Standardized brick-and-mortar store count with verified GPS coordinates.

Source: Brand Directory2026
Store Volume (AUV)
$2.79M
Top 25%: $3.80M

Annual average sales for a single mature franchised store location.

Source: FTC Item 192025
Royalty & CapitalITEM 5/6/7
4.5% Royalty
Ad Fund: 4%

Initial investment: $1.50M – $3.20M.

Source: FDD Item 72025

Executive Intelligence Brief

Official Site

Outback Steakhouse (NASDAQ: BLMN) is a publicly traded enterprise founded in 1988 and headquartered in Tampa, FL. Ranked #36 in US restaurant systemwide sales, it stands as a premier flagship in the Australian Steakhouse category, maintaining a physical footprint of 666 store locations (92% franchised). The brand generates an average unit volume (AUV) of $2.79M per store, backed by enterprise in-store technology and multi-platform digital delivery distribution.

Australian SteakhouseLimited-Service (LSR)92% Franchised
Ownership StructurePublic
HeadquartersTampa, FL
Founded1988 (38 yrs)
Executive LeadershipMichael Spanos
Live Disclosures & Wire1 Active Records
sec filing2d ago
Outback Steakhouse (BLMN) Files SEC Form 8-K: Material Definitive Agreement & Creation of Direct Financial Obligation

Bloomin' Brands, Inc. submitted current report Form 8-K with the SEC on 2026-09-29, disclosing Material Definitive Agreement & Creation of Direct Financial Obligation.

Source: Outback Steakhouse Investor Relations (SEC EDGAR)Read on Outback Steakhou

Commercial Index

100% VERIFIED
FDD Item 19 Filing Indexed (2025)
Geocoded Locations666 Units
POS ArchitectureNCR
Delivery Multi-HomingDoorDash · Uber Eats
SBA Solvency RatingLow Risk (2.8% default)
API Standardx402 / REST / MCP
View JSON

Three Pillars of Commercial Health

Standardized unit economics based on FDD Item 19 filings and SBA lending solvency benchmarks

Unit Profitability
Tier-1
Average Unit Sales$2.79M
Store EBITDA Margin15.5%
Food & Paper Cost31.5%
Labor Cost Ratio29%
Commercial Economics Insight:Outback Steakhouse maintains standardized unit economics typical of Tier-1 Australian Steakhouse franchise networks with disciplined prime cost management.
System Expansion
+2.5% CAGR
Systemwide Sales$1.9B
Net Additions+20 Units
3-Yr Unit CAGR2.5%
International Share8%
Expansion & Scale Insight:Targeted footprint expansion in high-density suburban corridors and digital drive-thru pickup configurations.
Franchisee Solvency
Low Risk
SBA Default Rate2.8%
Capital Payback3.9 Yrs
Agreement Term10 Yrs
Renewal Rate94.5%
Lender Risk & Solvency:Historical SBA loan performance reflects solid debt service coverage (DSCR > 1.35x) across seasoned multi-unit operators.

5-Year Performance & Footprint Trend

Historical progression of total units, average unit volume (AUV), and systemwide sales

$2.34M
2020
$2.54M
2021
$2.68M
2022
$2.76M
2023
$2.79M
2024
2024 Total Fleet666 Units
2024 Average AUV$2.79M / yr
2024 System Sales$1.9B

Developer & Agent Endpoint

curl -s "https://franchisedata.io/api/brands/outback-steakhouse/locations?limit=25"

Queries up to 50 store locations with GPS coordinates, POS hardware, delivery links, and operational status. Supports ?state=CA, ?city=..., ?zip=..., ?drive_thru=true.