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Updated RecentlySteak-Out vs Outback Steakhouse Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Steak-Out vs Outback Steakhouse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $271,000 - $453,000 | $2,489,700 - $6,065,000 |
| Franchise Fee | $30,000 | $35,000 |
| Royalty Fee | 5% | 3.5% |
| Advertising Fee | - | - |
| Year Founded | 1986 | 1987 |
| Year Franchised | 1988 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $12.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Ad slicks, National media | - |
| Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 30 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Steak-Out
Franchising since 1988, Steak-Out Franchising Inc. CEO Don Harkleroad knows a lot about home meal replacement. Steak-Out offers delivery franchises in the Southeast, Mid-Atlantic and Midwest. The privately held company offers both multi-unit opportunities and exclusive areas for growth.
About Outback Steakhouse
We are an Australian-inspired steakhouse restaurant beloved worldwide. We pride ourselves on serving up variety; our unbeatable steak cuts are complemented by delicious choices of chicken, ribs, seafood, and pasta at a price for everyone. Our strategy? We're the leader of the pack by emphasizing consistently high quality delicious food delivering a warm, welcoming environment. Our generous portions are moderately priced. Our casual atmosphere couldn't be more transporting - it's like you're right there in the Australian Outback.
Bloomin' Brands, Inc. is based in Tampa, FL, founded in 1988 by those who love hospitality, sharing, quality, being courageous and having fun. We're a company of restaurants that owns and operatesOutback Steakhouse,Carrabba's Italian Grill,Bonefish Grill andFleming's Prime Steakhouse & Wine Bar.