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Below is an in-depth analysis and side-by-side comparison of Outback Steakhouse vs Bandana's Bar-B-Q including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $2,489,700 - $6,065,000 | $418,000 - $1,100,000 |
Franchise Fee | $35,000 | $40,000 |
Royalty Fee | 3.5% | 5% |
Advertising Fee | - | - |
Year Founded | 1987 | 1996 |
Year Franchised | - | 2004 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | 50% of current franchise fee |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | * Available at headquarters: 5 weeks * At franchisee's location: 10 days * As needed |
Support | - | * Newsletter * Meetings * Toll-free phone line * Grand opening * Internet * Security/safety procedures * Field operations/evaluations * Purchasing cooperatives * Ad slicks * Regional advertising |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.
The tradition began in September of 1996 when our first Bandana's
BAR-B-Q opened in Arnold, Missouri. Our mission remains the same, to
provide the best Southern Style BAR-B-Q, with exceptionally quick
service, in a friendly, family atmosphere. Our real wood pit smokers
operate 24 hours a day, which is why you can "SMELL THAT SMOKE" every
time you come to Bandana's BAR-B-Q.