Draft:Out West Restaurant Group: Difference between revisions
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{{Short description|Certified American steakhouse franchisee of Outback Steakhouse}} |
{{Short description|Certified American steakhouse franchisee of Outback Steakhouse}} |
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| ⚫ | '''Out West Restaurant Group Inc.''' is a privately-owned and operated corporate franchisee of the national Australian-themed steakhouse chain [[Outback Steakhouse]], based in [[San Diego, California]]. The company currently operates Outback locations in [[California]], [[Nevada]], [[Arizona]], [[Colorado]], and [[New Mexico]]. |
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| ⚫ | Out West Restaurant Group Inc. is a privately-owned and operated corporate franchisee of the national Australian-themed steakhouse chain [[Outback Steakhouse]], based in [[San Diego, California]]. The company currently operates Outback locations in [[California]], [[Nevada]], [[Arizona]], [[Colorado]], and [[New Mexico]]. |
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== History == |
== History == |
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Under Shannon’s leadership, T-Bird grew to operate over 60 Outback locations in California, and even resulted in the California Restaurant Association Educational Foundation named Tom the “Restaurateur of the Year, 2002.”<ref>{{cite news |
Prior to 1992, all Outback locations were corporately-owned by [[Bloomin' Brands]], and were mostly located on the East Coast of the United States. Under Shannon’s leadership, T-Bird grew to operate over 60 Outback locations in California, and even resulted in the California Restaurant Association Educational Foundation named Tom the “Restaurateur of the Year, 2002.”<ref>{{cite news |
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|url = https://www.irishamerica.com/honoree/thomas-j-shannon-jr/ |
|url = https://www.irishamerica.com/honoree/thomas-j-shannon-jr/ |
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|title = Thomas J. Shannon, Jr. |
|title = Thomas J. Shannon, Jr. |
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|date = 2011 |
|date = 2011 |
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The first Outback location in Southern California was opened in 1994, in [[Upland, California]]. After this, many other Outbacks then opened up in the Metropolitan LA area. |
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[[File:Outback Steakhouse CA.JPG|thumb|An Out West (Then T-Bird) owned Outback location at [[Del Amo Fashion Center]] in [[Torrance, California]], in September 2007. This location was moved to the outdoor wing, with the original restaurant demolished and turned into a [[Marshalls]] location.]] |
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In October 2015, T-Bird, and its 62 Outback locations, were acquired by [[H.I.G. Capital]], a private equity firm based in [[Miami, Florida]]. This buyout resulted in the company’s stock ultimately going private, leaving its exact financial status largely unknown.<ref>{{cite news |
In October 2015, T-Bird, and its 62 Outback locations, were acquired by [[H.I.G. Capital]], a private equity firm based in [[Miami, Florida]]. This buyout resulted in the company’s stock ultimately going private, leaving its exact financial status largely unknown.<ref>{{cite news |
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* {{URL| https://pitchbook.com/profiles/company/107337-97#overview|Brands}} |
* {{URL| https://pitchbook.com/profiles/company/107337-97#overview|Brands}} |
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* {{cite web |url=https://www.restaurantbusinessonline.com/private-equity-firm-buys-outback-steakhouse-franchisee |title=Private-equity firm buys Outback Steakhouse franchisee |author=Kelsey Squire |date=October 7, 2015}} |
* {{cite web |url=https://www.restaurantbusinessonline.com/private-equity-firm-buys-outback-steakhouse-franchisee |title=Private-equity firm buys Outback Steakhouse franchisee |author=Kelsey Squire |date=October 7, 2015}} |
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{{gallery |align=center |title=Gallery |height=200 |
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|File:Outback Steakhouse CA.JPG|An Out West (Then T-Bird) owned Outback location at [[Del Amo Fashion Center]] in [[Torrance, California]], in September 2007. This location was moved to the outdoor wing, with the original restaurant demolished and turned into a [[Marshalls]] location. |
|File:Outback Steakhouse Foothill Ranch.jpg|Out West owned restaurant in [[Lake Forest, California]], September 2023. Opened in March 1999 under T-Bird Restaurant Group. |
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|File:Outback Steakhouse CA.JPG|An Out West (Then T-Bird) owned Outback location at [[Del Amo Fashion Center]] in [[Torrance, California]], in September 2007. This location was moved to the outdoor wing, with the original restaurant demolished and turned into a [[Marshalls]] location. |
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Latest revision as of 23:03, 9 September 2024
Submission declined on 9 September 2024 by Liance (talk).
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 An Outback Steakhouse restaurant in Lakewood, California in October 2023 | |
| Formerly |
|
|---|---|
| Company type | Franchisee |
| Industry | Restaurants |
| Genre | Casual dining |
| Founded | 1992 |
| Founder |
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| Headquarters | San Diego, California (formerly La Jolla, California) , United States |
Area served | California, Nevada, Arizona, Colorado, and New Mexico |
| Products | Australian themed American cuisine |
| Revenue | US$ ~4.2 million (annually) |
| Website | Out West Restaurant Group |
Out West Restaurant Group Inc. is a privately-owned and operated corporate franchisee of the national Australian-themed steakhouse chain Outback Steakhouse, based in San Diego, California. The company currently operates Outback locations in California, Nevada, Arizona, Colorado, and New Mexico.
History
[edit]Out West Restaurant Group was founded by Thomas J. Shannon Jr. in 1992, under the name T-Bird Restaurant Group. The company would separately operate a select number of Outback Steakhouse locations, exclusively in California. T-Bird operated out of their original headquarters in La Jolla, California.[1]
Prior to 1992, all Outback locations were corporately-owned by Bloomin' Brands, and were mostly located on the East Coast of the United States. Under Shannon’s leadership, T-Bird grew to operate over 60 Outback locations in California, and even resulted in the California Restaurant Association Educational Foundation named Tom the “Restaurateur of the Year, 2002.”[2] The first Outback location in Southern California was opened in 1994, in Upland, California. After this, many other Outbacks then opened up in the Metropolitan LA area.
In October 2015, T-Bird, and its 62 Outback locations, were acquired by H.I.G. Capital, a private equity firm based in Miami, Florida. This buyout resulted in the company’s stock ultimately going private, leaving its exact financial status largely unknown.[3] [4]
In 2018, the now privately-owned T-Bird merged with a struggling restaurant company Cerca Trova Restaurant Concepts, and created a new company, which would be named Out West Restaurant Group Inc, due to their large footprint of Outback restaurants located in the West Coast. This newly formed company moved from their La Jolla base to their new headquarters in San Diego, California. This new company then started to acquire Outback locations in many other states, including Nevada, Arizona, Colorado, and New Mexico, while also growing their already large footprint in California. Out West now operates over 100 locations in their 5 respective states, all in the West Coast, and is the largest franchise of Bloomin’ Brands locations in the world. [5]
References
[edit]- ^ "Out West Restaurant Group Overview". PitchBook. 2015.
- ^ "Thomas J. Shannon, Jr". Irish America. 2011.
- ^ "H.I.G. Capital Completes Acquisition of T-Bird Restaurant Group, Inc". H.I.G. Capital. 7 October 2015.
- ^ "Private-equity firm buys Outback Steakhouse Franchisee". Kelsey Squire. 7 October 2015.
- ^ "Out West Restaurant Group, Inc". H.I.G. Capital. October 2015.
External links
[edit]- Official website
- Brands
- Kelsey Squire (7 October 2015). "Private-equity firm buys Outback Steakhouse franchisee".
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Out West owned restaurant in Lake Forest, California, September 2023. Opened in March 1999 under T-Bird Restaurant Group. -
An Out West (Then T-Bird) owned Outback location at Del Amo Fashion Center in Torrance, California, in September 2007. This location was moved to the outdoor wing, with the original restaurant demolished and turned into a Marshalls location.
Outback restaurant in Upland, California. Opened in 1994 as the first Outback Steakhouse in Southern California.
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