FRANCHISE·WATCH·DESK

ITEMS 5–7 · FDD 2024

How much is a Outback Steakhouse franchise?

Per Outback Steakhouse's 2024 FDD, the initial franchise fee is $40K (Item 5) and the total initial investment runs $4.3M–$8.4M (Item 7); once open, you pay an ongoing royalty of 5.0% of gross sales (Item 6).

Franchise fee · Item 5

$40K

one-time, to buy in

Royalty · Item 6

5.0%

of gross sales, ongoing

Total investment · Item 7

$4.3M–$8.4M

franchisor's own estimate

Outback Steakhouse vs food & dining medians146 systems benchmarked
Cost lineOutback SteakhouseSector median
Initial franchise fee ITEM 5$40K$35K
Ongoing royalty ITEM 65.0%6.0%
Total initial investment ITEM 7$4.3M–$8.4M$328K–$831K

MEDIANS: LATEST REAL FDD FILINGS OF 146 FOOD & DINING SYSTEMS · FULL FOOD & DINING BENCHMARK →

Breakeven framingwhat it costs · what it drags

The buy-in is the smaller number. The larger one is the drag: 5.0% of every sale leaves before rent, labor, or your salary — so breakeven depends on volume you cannot know from the FDD, and this brand publishes no Item 19 earnings data to anchor it.

To open (Item 7)

$4.3M–$8.4M

all-in investment range

Franchise fee (Item 5)

$40K

upfront, one-time

Royalty (Item 6)

5%

of sales, ongoing

If a unit does this in annual sales…$1M/yr

Your figure — this brand discloses no Item 19 earnings; validate with current & former owners.

Royalty you'd pay / yr

$50K

5% of sales, before profit

Over a 10-yr term

$500K

royalties alone, excl. ad fund

This is not profit. It's the only money the FDD actually pins down — what you put in, and the royalty you owe on every dollar of sales. Your real take-home depends on labor, rent, food cost, and ramp-to-breakeven, none of which any FDD discloses.

Build a real pro-forma for Outback Steakhouse with an independent CPA

Outback Steakhouse cost questions, answered from the filing

How much is a Outback Steakhouse franchise?

Per Outback Steakhouse's 2024 FDD, opening a franchise requires an initial franchise fee of $40K (Item 5) and a total initial investment of $4.3M–$8.4M (Item 7). Item 7 is the franchisor's own estimate — treat the low end as a floor, not a budget.

What royalty does Outback Steakhouse charge?

Outback Steakhouse charges an ongoing royalty of 5.0% of gross sales, per Item 6 of its 2024 FDD. The median across 146 food & dining systems tracked here is 6.0%.

Does Outback Steakhouse tell you what franchisees earn?

No — Outback Steakhouse's 2024 FDD makes no Item 19 earnings claim, so any revenue figure you hear comes from sales conversations, not disclosure documents. Validate with current and former franchisees.

The Outback Steakhouse validation checklist

questions built from this brand's own filings · read them all on the profile

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Don Drummond, CPA — Virginia #43775 · what I charge

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