Who Owns Fleming's Prime Steakhouse?
Fleming's Prime Steakhouse is owned by Bloomin' Brands Inc., a publicly traded American casual dining restaurant company headquartered in Tampa, Florida. Fleming's Prime Steakhouse was founded in 1998 and acquired by Bloomin' Brands in 2008. The chain operates over 70 locations globally and is known for its premium steaks and extensive wine selection.
Parent Company
Bloomin' Brands Inc.
Acquired
2008
Status
Publicly Traded
Headquarters
Tampa, Florida, USA
Who Owns Fleming's Prime Steakhouse?
- Parent Company: Bloomin' Brands Inc.
- Ownership Type: Wholly owned
- Acquisition Year: 2008
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: BLMN
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Fleming's Prime Steakhouse | Bloomin' Brands Inc. | Wholly owned |
History of Fleming's Prime Steakhouse
- Founded: 1998
- Founders: Bloomin' Brands (acquisition)
- Acquired by Bloomin' Brands Inc.: 2008
Fleming's Prime Steakhouse was founded in 1998 as an upscale steakhouse concept focused on premium beef, fine dining service, and an extensive wine selection. This founding vision demonstrated exceptional insight into the growing demand for premium dining solutions while establishing a distinctive approach that would define the fine dining steakhouse category for generations. The brand developed a reputation for offering high-quality steaks in an elegant, sophisticated atmosphere that appealed to business diners and special occasion customers. This strategic positioning demonstrated Fleming's Prime Steakhouse's exceptional ability to create differentiated dining solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades.
Throughout the 2000s, Fleming's Prime Steakhouse expanded across the United States, establishing itself as a significant player in the fine dining steakhouse segment. This period of excellence demonstrated Fleming's Prime Steakhouse's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple dining segments. The brand became known for its commitment to premium ingredients, attentive service, and curated wine programs. This strategic diversification demonstrated Fleming's Prime Steakhouse's exceptional ability to serve multiple customer segments while maintaining its core brand identity and market leadership in the fine dining industry.
In 2008, Bloomin' Brands acquired Fleming's Prime Steakhouse, adding it to its growing portfolio of casual dining and fine dining concepts. This strategic integration demonstrated Fleming's Prime Steakhouse's exceptional ability to integrate into larger restaurant corporations while maintaining its core brand identity and cultural significance in the fine dining steakhouse industry. This acquisition marked Bloomin' Brands' strategic expansion into the fine dining steakhouse segment. This strategic partnership demonstrated Fleming's Prime Steakhouse's exceptional ability to leverage corporate resources while maintaining its distinct dining identity and market leadership. Under Bloomin' Brands ownership, Fleming's Prime Steakhouse has continued to maintain its premium positioning while accessing Bloomin' Brands' operational expertise and resources. This continued excellence demonstrates Fleming's Prime Steakhouse's exceptional ability to maintain market leadership while adapting to changing fine dining dynamics and corporate requirements. The brand's continued success represents a significant milestone in the evolution of premium steakhouses and consumer-focused dining solutions.
About Bloomin' Brands Inc.
Who owns Bloomin' Brands?
Bloomin' Brands is an independent publicly traded company with no parent company. The company trades on NASDAQ under BLMN and is owned by institutional investors and individual shareholders.
What restaurants does Bloomin' Brands own?
Bloomin' Brands owns Outback Steakhouse, Bonefish Grill, Carrabba's Italian Grill, and Fleming's Prime Steakhouse.
Is Bloomin' Brands publicly traded?
Yes. Bloomin' Brands trades on NASDAQ under the ticker symbol BLMN. The company went public in 2012.
What is Bloomin' Brands' turnaround strategy?
In November 2025, Bloomin' Brands announced a formal turnaround strategy focused on menu simplification, operational improvements, and cost reduction to address same-restaurant sales declines and margin pressure.
When was Bloomin' Brands founded?
The company traces its origins to 1988, when Chris Sullivan, Bob Basham, Tim Gannon, and Trudy Cooper opened the first Outback Steakhouse in Tampa, Florida. The holding company Bloomin' Brands went public in 2012.
How many restaurants does Bloomin' Brands operate?
Bloomin' Brands operates over 1,450 restaurants across its four brands in 46 states, Guam, and approximately 12 countries.
- Founded: 1988
- Headquarters: Tampa, Florida, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: BLMN
Where Is Fleming's Prime Steakhouse Made / Based?
- Headquarters: Tampa, Florida, USA
- Manufacturing / Operations: United States, Canada
Brands Owned by Bloomin' Brands Inc.
- Bonefish Grill - American casual dining seafood and grill restaurant chain owned by Bloomin' Bran...
- Carrabba's Italian Grill - American casual dining Italian restaurant chain, owned by Bloomin' Brands Inc....
- Outback Steakhouse - American casual dining steakhouse chain with Australian theme, owned by Bloomin'...
Fleming's Prime Steakhouse Ownership: Pros & Cons
Advantages
- +Upscale dining network providing premium market positioning
- +Strong brand recognition in the fine dining steakhouse segment
- +Operational support and resources from Bloomin' Brands' shared services
- +Established supply chain and purchasing power for premium beef
- +Continuous innovation in menu and wine offerings
- +Significant scale in fine dining segment
Considerations
- -Company-owned model creates higher operational costs
- -Intense competition in the fine dining steakhouse industry
- -Dependence on Bloomin' Brands' strategic decisions and resource allocation
- -Premium beef sourcing and sustainability concerns
- -Economic sensitivity affecting fine dining segment
- -Changing consumer preferences toward healthier dining options
Frequently Asked Questions About Fleming's Prime Steakhouse
Competitors to Fleming's Prime Steakhouse
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Spur Corporation | South Africa | 1987 | Mass Market | Global | All Genders | |
| Famous Brands | South Africa | 1991 | Mass Market | Global | All Genders | |
| Hooters Of America | USA | 1983 | Mass Market | North America | All Genders | |
| Famous Brands | South Africa | 1992 | Mass Market | Global | All Genders | |
| Darden Restaurants | USA | 1982 | Mass Market | North America | All Genders | |
| Bloomin Brands | USA | 1988 | Mass Market | North America | All Genders |
Learn More About Competitors

John Dory's
Owned by Spur Corporation Limited
South African seafood casual dining restaurant chain, owned by Spur Corporation Limited.

Debonairs Pizza
Owned by Famous Brands Limited
South African pizza casual dining restaurant chain, owned by Famous Brands Limited.

Hooters
Owned by Hooters of America, LLC
American casual dining restaurant chain known for its seafood and American cuisine, featuring a distinctive brand identity.

Mugg & Bean
Owned by Famous Brands Limited
South African coffee shop and casual dining restaurant chain, owned by Famous Brands Limited.

Olive Garden Italian Restaurant
Owned by Darden Restaurants Inc.
American casual dining restaurant chain specializing in Italian-American cuisine, owned by Darden Restaurants Inc.

The Aussie Bar + Grill
Owned by Bloomin' Brands Inc.
Australian casual dining restaurant chain specializing in Australian cuisine and beer offerings, owned by Bloomin' Brands Inc.
Competitive Analysis
Market Positioning: Fleming's Prime Steakhouse 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.
Bloomin' Brands Inc. Stock Information
Jobs at Bloomin' Brands Inc.
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