Outback Restaurant: How much does it cost to open one and how much does it cost?

Without a doubt, Outback is one of the best-known restaurant chains across the country, with guaranteed success due to the quality of services and dishes. This chain, which was born in the 1980s in the United States, emerged from the interest in presenting the public with cuisine and service based on the Australian model.

Read more: Is the Pizza Hut franchise a good investment? Know the costs and billings.

Thus, it achieved success, established itself in other countries and arrived in Brazil in 2011, quickly becoming a reference for culinary excellence. Therefore, more and more new restaurants are opening here in Brazil, but not in a franchise model, but in a partnership between partners. Do you want to know more about how negotiations are done and how much does it cost to open an Outback? Keep reading!

Can I open an Outback restaurant?

Yes you can! But for that, you must show interest in becoming a partner-owner of the brand in the opening process called Joint Ventura. In this process, there will be a commercial agreement between the two interested parties and the signing of a business commitment.

Therefore, the first step for those who want to open an Outback restaurant is to send a resume with personal data and income to the company that will evaluate your request. Although it does not have a fixed value like franchise stores, this format will require the partner to make even greater investments than the owner of a franchise would.

How much does it cost?

To open an Outback restaurant in your city, the restaurant will require between 600 and 700 square meters of parking space. Due to the difficulty in finding a good place with parking, the partners generally chose to open the restaurants in shopping malls.

However, rent values ​​in shopping centers are not cheap. Together with the requirement of BRL 60,000 in cash as an initial cost, the complete investment can reach BRL 5 million. However, the full amount would not be paid at once, only the requested fee. As for revenue, there is a great possibility of profit.

This is because, being one of the largest restaurant chains in the country, Outback is already renowned, which guarantees a clientele interested in consuming. In this way, it may be that in less than a year you will get the entire investment value back with advantageous additions.