Outback Steakhouse operates one of the top steakhouse chains in the country with an Australian theme. Outback's best known items include grilled steaks, grilled chicken, ribs and the Blooming Onion. The restaurants emphasize high-quality food and service, generous portions at moderate prices and a casual atmosphere suggestive of the Australian Outback.
The average Outback restaurant is 6,000 square feet featuring dining room and an island bar with seating for approximately 200 patrons. Most restaurants are open for dinner only with some open for lunch. There are 769 Outback restaurants in the U.S. and 206 international restaurants.
Outback features a wood-fired grill with real oak logs to grill steak, chicken and seafood meals.
Outback Steakhouse was founded in 1988 by Chris Sullivan, Robert Basham, Tim Gannon and Trudy Cooper. The first restaurant opened in Tampa, FL.
The parent company of Outback changed its name to OSI Restaurant Partners in 2006.
In 2007, OSI Restaurant Partners was acquired by private equity firms Bain Capital and Catterton Partners for $3.2 billion.
The company became Bloomin' Brands in 2012 and went public in August at $11 per share. The company has over 1,400 restaurants in 48 states and 20 countries and include Outback, Carrabba’s Italian Grill, Bonefish Grill, Fleming’s, Prime Steakhouse & Wine Bar, and Roy’s.
Updated July 5, 2013