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The first Outback Stakehouse was founded in Florida in 1987 by three partners, Tim Gannon, Bob Basham, and Chris Sullivan.
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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.
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in late 1989, Outback opened locations in Orlando and Jacksonville, Florida; Louisville, Kentucky; Houston and Dallas, Texas; Indianapolis, Indiana; and Washington, D.C.
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By the end of 1990, the company was operating 23 restaurants.
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26 more locations opened for business, for a total of 49 restaurants.
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In late 1991, Outback's three founders decided to go public.
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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.
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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.
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