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  1. Home
  2. Brands
  3. Food Service & Restaurants
  4. Bonefish Grill
Bonefish Grill logo
Food Service & Restaurants

Who Owns Bonefish Grill?

Bonefish Grill is owned by Bloomin' Brands Inc. (NASDAQ: BLMN), a publicly traded casual dining restaurant company headquartered in Tampa, Florida. Bloomin' Brands acquired Bonefish Grill in October 2001 when it had three locations. The chain now operates 158 restaurants in the United States and is known for its Bang Bang Shrimp and wood-grilled seafood. Bloomin' Brands also owns Outback Steakhouse, Carrabba's Italian Grill, and Fleming's Prime Steakhouse.

Parent Company

Bloomin' Brands Inc.

Acquired

2001

Status

Publicly Traded

Headquarters

Tampa, Florida, USA

Bonefish Grill Timeline

1988
Bloomin' Brands Inc.

Parent company established in Tampa, Florida, USA

Company Founded
2000

Bonefish Grill

Founded by Tim Curci, Chris Parker

Founded
2001
Acquired by Bloomin' Brands Inc.

Bloomin' Brands Inc. acquired Bonefish Grill

Acquired
mid rangepremiumUnited StatesOfficial Website

Who Owns Bonefish Grill?

  • Parent Company: Bloomin' Brands Inc.
  • Ownership Type: Wholly owned
  • Acquisition Year: 2001
  • Company Type: Publicly Traded
  • Stock Ticker: NASDAQ: BLMN
BrandParent CompanyOwnership Type
Bonefish GrillBloomin' Brands Inc.Wholly owned

History of Bonefish Grill

  • Founded: 2000
  • Founders: Tim Curci, Chris Parker
  • Acquired by Bloomin' Brands Inc.: 2001

Bonefish Grill was founded on January 15, 2000, in St. Petersburg, Florida, by best friends Tim Curci and Chris Parker. The two shared a passion for fishing, cooking, and serving fresh fish. Their first restaurant opened at 5901 4th Street North in St. Petersburg. The concept focused on market-fresh fish hand-cut in-house daily, wood-grilled preparations, and hand-crafted cocktails in a polished casual atmosphere.

The restaurant quickly gained a following. Within the first year, Curci and Parker opened a second location in Sarasota, Florida, and a third in Clearwater (Safety Harbor). By October 2001, OSI Restaurant Partners, the parent company of Outback Steakhouse, acquired the three-location chain. The deal was structured as a partnership, with OSI investing approximately $7 million for a controlling stake. The acquisition gave Curci and Parker access to OSI's infrastructure, supply chain, and real estate expertise while allowing them to continue developing the brand.

Growth accelerated under OSI ownership. By 2004, Bonefish Grill had 40 locations across 10 states, with 38 more planned. That same year, co-founder Chris Parker died in a boating accident on January 25, 2004, when his boat flipped while traveling at high speed near the Gandy Bridge in Tampa Bay. He was 37 years old.

The chain reached its 100th restaurant in 2006. At its peak in the mid-2010s, Bonefish Grill operated approximately 200 locations. Revenue reached approximately $619 million in 2017. The brand became known for its Bang Bang Shrimp appetizer, a fried shrimp dish tossed in a spicy mayonnaise-based sauce, which became one of the most recognized menu items in casual dining.

In recent years, Bonefish Grill has contracted. Bloomin' Brands closed 41 underperforming locations across its portfolio in early 2024, including several Bonefish Grill restaurants. In 2025, the company closed 21 additional U.S. restaurants and decided not to renew leases on 22 more. Bonefish Grill specifically lost 8 locations in Q4 2025 alone, dropping from 166 to 158. The brand's same-store sales declined 5.8% in Q2 2025, the worst performance among Bloomin' Brands' four concepts.

In Q4 2025, Bloomin' Brands recorded a $28.2 million goodwill impairment charge specifically for the Bonefish Grill reporting unit. The impairment reflected management's reassessment of the brand's carrying value given declining sales and ongoing location closures. Despite these challenges, Bonefish Grill remains the largest casual seafood chain in the Bloomin' Brands portfolio.

About Bloomin' Brands Inc.

What does Bloomin' Brands own?
Bloomin' Brands owns and operates four restaurant concepts: Outback Steakhouse (700+ locations), Bonefish Grill (~180 locations), Carrabba's Italian Grill (~170 locations), and Fleming's Prime Steakhouse and Wine Bar (~65 locations). The company operates over 1,450 restaurants in 46 US states, Guam, and approximately 12 countries. The majority of locations are company-operated, with franchising used primarily for international markets.

Is Bloomin' Brands publicly traded?
Yes. Bloomin' Brands Inc. trades on NASDAQ under the ticker symbol BLMN. The company went public in 2012 in an IPO that raised approximately $176 million at $11 per share. Bloomin' Brands is a component of the Russell 2000 Index. The company has no parent company and no controlling shareholder.

Who founded Bloomin' Brands?
Bloomin' Brands was founded in 1988 by Chris Sullivan, Bob Basham, Tim Gannon, and Trudy Cooper, who opened the first Outback Steakhouse in Tampa, Florida. The founders built the company through organic growth and strategic acquisitions, including Carrabba's Italian Grill (partnership formed 1993), Bonefish Grill (acquired 2001), and Fleming's Prime Steakhouse (acquired 2002).

Where is Bloomin' Brands headquartered?
Bloomin' Brands is headquartered in Tampa, Florida. The corporate headquarters houses executive leadership, finance, legal, supply chain, and shared service functions supporting the global restaurant network. Tampa has been the company's headquarters since its founding in 1988.

How many brands does Bloomin' Brands own?
Bloomin' Brands operates four restaurant brands: Outback Steakhouse, Bonefish Grill, Carrabba's Italian Grill, and Fleming's Prime Steakhouse and Wine Bar. The company previously operated Roy's restaurant chain, which was sold in 2017.

Who owns Bloomin' Brands?
Bloomin' Brands has no parent company and no controlling shareholder. The company is publicly traded on NASDAQ under BLMN and is owned by institutional investors including BlackRock, Vanguard Group, and Dimensional Fund Advisors, each holding single-digit percentage stakes. The founders retain small equity positions but are not involved in day-to-day management.

What is Bloomin' Brands' turnaround strategy?
In November 2025, Bloomin' Brands announced a turnaround strategy under CEO Mike Spanos focusing on three pillars: operational excellence at Outback Steakhouse, menu simplification across all brands, and technology investment including digital ordering and loyalty programmes. The company suspended its quarterly dividend of $0.24 per share to reallocate approximately $50 million annually toward strategic initiatives and debt reduction. Q3 2025 results showed early success, with all four brands achieving positive comparable sales growth.

What is Bloomin' Brands' revenue?
For FY2025, Bloomin' Brands' total revenue was approximately $4.0 billion, down from approximately $4.3 billion in FY2024. Q3 2025 revenue was $928.8 million, with an adjusted diluted loss of $0.03 per share. The company does not provide forward revenue guidance but has indicated that the turnaround strategy is expected to stabilise sales and improve margins over time.

  • Founded: 1988
  • Headquarters: Tampa, Florida, USA
  • Company Type: Publicly Traded
  • Stock: NASDAQ: BLMN
  • Revenue: ~$4.0 billion (FY2025 estimated)
  • Employees: ~90,000

Visit Bloomin' Brands Inc. website

View full company profile for Bloomin' Brands Inc.

Where Is Bonefish Grill Made / Based?

  • Headquarters: Tampa, Florida, USA

Bonefish Grill Categories & Tags

SeafoodCasual DiningRestaurant ChainAmerican BrandWood Grilled

Bonefish Grill Sustainability & Ethics

Bonefish Grill's sustainability efforts focus on seafood sourcing and marine conservation partnerships. The brand does not hold independently verified certifications such as B Corp status, Marine Stewardship Council certification, or Aquaculture Stewardship Council certification at the corporate level. Its sustainability activities are primarily partnership-based.

The brand has partnered with The Nature Conservancy to support coral reef restoration through the Plant a Million Corals Initiative. This partnership focuses on restoring coral reef systems that are critical to marine biodiversity and the seafood supply chain. Bonefish Grill has also partnered with Bonefish & Tarpon Trust, an organization dedicated to conserving bonefish, tarpon, and permit fisheries through science and advocacy.

Bloomin' Brands requires all seafood suppliers to meet corporate food safety, quality, and sourcing standards. However, these are internal company standards rather than third-party certifications. The company states that it works to improve traceability and transparency in its seafood supply chain.

As part of Bloomin' Brands, Bonefish Grill contributes to the parent company's workplace recognition, including being named to Newsweek's "Greatest Workplaces for Diversity" and Forbes' "Best Employers for Women" lists. These are employer awards rather than sustainability certifications.

No independently verified sustainability flags from recognized certifying bodies (such as Leaping Bunny, B Lab, or equivalent) apply to Bonefish Grill. The brand's conservation partnerships are factual but should not be confused with formal third-party certification of sourcing practices.

Bonefish Grill Recalls & Controversies

Goodwill Impairment and Brand Decline: In Q4 2025, Bloomin' Brands recorded a $28.2 million goodwill impairment charge for the Bonefish Grill reporting unit. The charge reflected management's reduced expectations for the brand's future financial performance. Same-store sales declined 5.8% in Q2 2025, the worst among Bloomin' Brands' four concepts.

Restaurant Closures: Bonefish Grill has been significantly affected by Bloomin' Brands' turnaround strategy. The brand lost 8 locations in Q4 2025 alone, dropping from 166 to 158. In October 2025, a Bonefish Grill in Gainesville, Virginia closed abruptly after 21 years in operation. A location in Richland, Washington closed in December 2025. Bloomin' Brands stated these closures were "business decisions that are part of our ongoing turnaround plan" based on factors including sales, traffic, and potential investment costs.

Food Safety Reports: Individual customer reports of food poisoning have been documented on consumer watchdog sites such as IWasPoisoned.com. These reports appear to be isolated incidents rather than systemic outbreaks. No major food safety recall or widespread contamination event has been associated with the chain.

Health Department Inspections: Florida Health Department inspections have been conducted at Bonefish Grill locations as part of routine restaurant oversight. No pattern of significant or recurring violations has been documented publicly.

Casual Dining Sector Pressures: Bonefish Grill faces the same industry-wide challenges affecting the broader casual dining sector, including declining restaurant traffic, rising labor and food costs, and competition from fast-casual chains and delivery platforms. These pressures have contributed to the brand's contraction and the parent company's decision to close underperforming locations rather than invest in turnaround efforts at those sites.

Brands Owned by Bloomin' Brands Inc.

Carrabba's Italian GrillFood Service Restaurants

Carrabba's Italian Grill

Owned by Bloomin' Brands Inc.

American casual dining restaurant chain specializing in Italian-American cuisine, owned by Bloomin' Brands. Over 200 U.S. locations. Carrabba's posted the strongest comparable sales growth of any Bloomin' Brands chain in 2025.

italian-restaurantcasual-diningbloomin-brands
Fleming's Prime Steakhouse and Wine BarFood Service Restaurants

Fleming's Prime Steakhouse and Wine Bar

Owned by Bloomin' Brands Inc.

Upscale American steakhouse chain known for prime beef and extensive wine selection, owned by Bloomin' Brands.

steakhousefine-diningrestaurant-chain
Outback SteakhouseFood Service Restaurants

Outback Steakhouse

Owned by Bloomin' Brands Inc.

American casual dining steakhouse chain with Australian theme, owned by Bloomin' Brands Inc.

steakhousecasual-diningaustralian-theme
View all brands owned by Bloomin' Brands Inc.

Bonefish Grill Ownership: Pros & Cons

Advantages

  • +Access to Bloomin' Brands' supply chain and purchasing power for seafood sourcing
  • +Shared corporate services including marketing, IT, and real estate support
  • +Established operational infrastructure from a company with 1,450+ restaurants
  • +Brand recognition for Bang Bang Shrimp and the polished casual seafood concept
  • +Parent company's turnaround resources and management attention

Considerations

  • -$28.2 million goodwill impairment in Q4 2025 signals reduced financial expectations
  • -Same-store sales declined 5.8% in Q2 2025, worst among Bloomin' Brands' brands
  • -8 locations closed in Q4 2025, with 22 additional leases marked for non-renewal across the portfolio
  • -No independently verified sustainability certifications for seafood sourcing
  • -Casual dining sector faces structural headwinds from fast-casual competition and changing consumer habits

Frequently Asked Questions About Bonefish Grill

Sources & Further Reading

  • Bloomin' Brands Q4 2025 Earnings Release, Investor Relations -
  • Bloomin' Brands 10-K Filing, SEC EDGAR -
  • Bonefish Grill Official Website -
  • Bonefish Grill History Page -
  • Bloomin' Brands Corporate Website -
  • Nation's Restaurant News, Bloomin' Brands Closures Coverage -
  • Wikipedia, Bonefish Grill -
  • Potomac Local News, Gainesville Closure -
  • Tri-Cities Business News, Richland Closure -
  • Tampa Bay Times, Chris Parker Search Coverage (2004) -

Competitors to Bonefish Grill

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
HootersHooters
Hooters Of America
USA
1983
Mass marketGlobalAll-ages
Freddy's Frozen Custard & SteakburgersFreddy's Frozen Custard & Steakburgers
Freddys Frozen Custard Steakburgers Inc
USA
2002
Mass marketUnited statesAll-ages
LongHorn SteakhouseLongHorn Steakhouse
Darden Restaurants
United States
1981
Mass marketUnited statesAll Genders
Red LobsterRed Lobster
Rl Investor Holdings
USA
1968
Mass marketUnited statesAll-ages
TGI Friday'sTGI Friday's
Tgi Fridays Inc
USA
1965
Mass marketGlobalAll-ages
Chi-Chi'sChi-Chi's
Hormel Foods
Minnesota (grocery/Hormel)
1975
Mass marketUnited statesAll Genders

Learn More About Competitors

HootersFood Service Restaurants

Hooters

Owned by Hooters of America, LLC

American casual dining restaurant chain known for chicken wings, seafood, and casual atmosphere. Reacquired by original founding group in October 2025 following Chapter 11 bankruptcy.

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Freddy's Frozen Custard & SteakburgersFood Service Restaurants

Freddy's Frozen Custard & Steakburgers

Owned by Freddy's Frozen Custard & Steakburgers, Inc.

American casual dining restaurant chain specializing in frozen custard, steakburgers, and hot dogs.

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LongHorn SteakhouseFood Service Restaurants

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American casual dining steakhouse chain with 591 company-owned locations, owned by Darden Restaurants Inc. (NYSE: DRI).

steakhousecasual-diningrestaurant-chain
Red LobsterFood Service Restaurants

Red Lobster

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American casual seafood dining chain founded in 1968, now owned by RL Investor Holdings after emerging from Chapter 11 bankruptcy in September 2024.

seafoodcasual-diningcheddar-bay-biscuits
TGI Friday'sFood Service Restaurants

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American casual dining restaurant chain known for its lively atmosphere, American cuisine, and bar offerings.

casual-diningamerican-cuisinebar-restaurant
Chi-Chi'sFood Service Restaurants

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Owned by Hormel Foods

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mexican-foodrestaurantgrocery-brand

Competitive Analysis

Market Positioning: Bonefish Grill competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Bonefish Grill

Looking for brands with different ownership structures? These similar brands are not owned by Bloomin' Brands Inc., giving you alternative choices that support different corporate structures.

HootersFood Service Restaurants

Hooters

Owned by Hooters of America, LLC

American casual dining restaurant chain known for chicken wings, seafood, and casual atmosphere. Reacquired by original founding group in October 2025 following Chapter 11 bankruptcy.

casual-diningchicken-wingsseafood
Privately Owned

Hooters is privately owned, unlike Bonefish Grill which is under a publicly traded parent company.

California Pizza KitchenFood Service Restaurants

California Pizza Kitchen

Owned by California Pizza Kitchen, Inc.

American casual dining restaurant chain known for innovative gourmet pizzas and California-inspired cuisine.

casual-diningpizzagourmet
Privately Owned

California Pizza Kitchen is privately owned, unlike Bonefish Grill which is under a publicly traded parent company.

Freddy's Frozen Custard & SteakburgersFood Service Restaurants

Freddy's Frozen Custard & Steakburgers

Owned by Freddy's Frozen Custard & Steakburgers, Inc.

American casual dining restaurant chain specializing in frozen custard, steakburgers, and hot dogs.

frozen-custardsteakburgerscasual-dining
Privately Owned

Freddy's Frozen Custard & Steakburgers is privately owned, unlike Bonefish Grill which is under a publicly traded parent company.

Red LobsterFood Service Restaurants

Red Lobster

Owned by RL Investor Holdings LLC

American casual seafood dining chain founded in 1968, now owned by RL Investor Holdings after emerging from Chapter 11 bankruptcy in September 2024.

seafoodcasual-diningcheddar-bay-biscuits
Privately Owned

Red Lobster is privately owned, unlike Bonefish Grill which is under a publicly traded parent company.

TGI Friday'sFood Service Restaurants

TGI Friday's

Owned by TGI Friday's, Inc.

American casual dining restaurant chain known for its lively atmosphere, American cuisine, and bar offerings.

casual-diningamerican-cuisinebar-restaurant
Privately Owned

TGI Friday's is privately owned, unlike Bonefish Grill which is under a publicly traded parent company.

Nando'sFood Service Restaurants

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Owned by Nando's Group Holdings Limited

International peri-peri chicken restaurant chain founded in Johannesburg in 1987, privately owned by the Enthoven family.

peri-perigrilled-chickenrestaurant-chain
Privately Owned

Nando's is privately owned, unlike Bonefish Grill which is under a publicly traded parent company.

Bloomin' Brands Inc. Stock Information

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team