Bloomin’ Brands can trace its roots back to 1988 when friends Tim Gannon, Bob Basham, and Chris Sullivan decided they wanted to create a casual dining restaurant that had a laid-back theme and incredible food. The original name of their company was Multi-Venture Partners, Inc. The company opened their first restaurant in Tampa, Florida, and named it Outback Steakhouse.
The chain was incredibly successful and the company went public on the NASDAQ in 1991, with a total of 49 locations. It was at this same time that the name was changed to Outback Steakhouse, Inc.
A new chain, Carrabba’s Italian Grill, was acquired in 1993. In 1998 the first locations of Roy’s Restaurant, Fleming’s Prime Steakhouse & Wine Bar, and Lee Roy Selmon’s open.
Annual revenue hits $1 billion in 1999.
Outback Steakhouse went international when the first location opened in Canada.
The company acquired Bonefish Grill in 2001.
In 2002, Cheeseburger in Paradise was acquired.
The company changed its name to Bloomin’ Brands in 2006.
Today, Bloomin’ Brands is one of the world’s largest casual dining companies with approximately 100,000 employees and close to 1,500 restaurants throughout 48 states, Puerto Rico, Guam and 19 countries. Annual revenue in 2017 was $4.213 billion.
Company headquarters remain in Tampa, Florida.
Bloomin' BrandsBloomin’ Brands can trace its roots back to 1988 when friends Tim Gannon, Bob Basham, and Chris Sullivan decided they wanted to create a casual dining restaurant that had a laid-back theme and incredible food. The original name of their company was Multi-Venture Partners, Inc. The company opened their first restaurant in Tampa, Florida, and named it Outback Steakhouse.
The chain was incredibly successful and the company went public on the NASDAQ in 1991, with a total of 49 locations. It was at this same time that the name was changed to Outback Steakhouse, Inc.
History
A new chain, Carrabba’s Italian Grill, was acquired in 1993. In 1998 the first locations of Roy’s Restaurant, Fleming’s Prime Steakhouse & Wine Bar, and Lee Roy Selmon’s open.
Annual revenue hits $1 billion in 1999.
Outback Steakhouse went international when the first location opened in Canada.
The company acquired Bonefish Grill in 2001.
In 2002, Cheeseburger in Paradise was acquired.
The company changed its name to Bloomin’ Brands in 2006.
Today, Bloomin’ Brands is one of the world’s largest casual dining companies with approximately 100,000 employees and close to 1,500 restaurants throughout 48 states, Puerto Rico, Guam and 19 countries. Annual revenue in 2017 was $4.213 billion.