Outback Steakhouse
Bottom line
- Total investment $4.3M – $8.4M including a $40K franchise fee, 5.0% ongoing royalty.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated MODERATE with a risk score of 55/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Outback Steakhouse unit return on the cash you put in?
Unlevered ROIC · per unit
2%
Below typical band (30–60%)
Overview
About
Franchisees operate full-service casual dining restaurants featuring Australian-themed steakhouse cuisine. Day-to-day responsibilities include managing 100–200+ staff across kitchen, front-of-house, and management; maintaining food cost and labor standards; executing promotional campaigns; and ensuring compliance with brand standards and 5% royalty obligations on monthly net sales.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 13 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Outback Steakhouse presents caution-level risk: high capital requirements, unit decline, absent financial transparency, and historical regulatory issues in a structurally challenged casual dining sector.
Score breakdown · what drove the 55 / 100 rating
- 01MINORDeclining unit count (-0.8% YoY) suggests mature/contracting system despite 688 locations
- 02MINORNo Item 19 financial performance disclosure limits ability to validate return on $4.3M–$8.4M investment
- 03HIGHHistorical litigation involving affiliate Bonefish Grill (2004–2006 unregistered franchise sales) indicates compliance gaps and reputational risk
- 04MINORHigh capital requirement ($4.3M–$8.4M) with opaque profitability creates significant financial exposure
- 05MINOR20-year term locks franchisees into potentially declining casual dining category without clear exit strategy
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
100 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Outback Steakhouse · FDD (2024) PDF