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First Opening
The first Outback Stakehouse was founded in Florida in 1987 by three partners, Tim Gannon, Bob Basham, and Chris Sullivan. -
First Outback
In 1988, the first Outback resturant did not look promising.The menu was all American food but they had an Austrilian theme for the resturant. -
Expanding
in late 1989, Outback opened locations in Orlando and Jacksonville, Florida; Louisville, Kentucky; Houston and Dallas, Texas; Indianapolis, Indiana; and Washington, D.C. -
Stores
By the end of 1990, the company was operating 23 restaurants. -
By 1991
26 more locations opened for business, for a total of 49 restaurants. -
Owners
In late 1991, Outback's three founders decided to go public. -
Resturants
1992 a total of 36 new restaurants were opened. Overall, the company had 52 outlets that it owned outright, 15 joint-venture operations, and 18 franchised locations, for a total of 85 Outback restaurants. -
Business
May 1992, Outback was named the third best small company by Business Week magazine.Outback's rapid growth was fueled by several key tenets held by the company's founders.