Make us your home page
Instagram

Washington D.C. restaurant chain taps Outback Steakhouse talent to help with expansion

The parent company of Matchbox and Ted's Bulletin has brought on some Tampa Bay area talent to help prepare for an eventual restaurant expansion beyond the Washington, D.C. area.

The company's newly created board will include Outback Steakhouse co-founder Chris Sullivan, and Bill Allen, former chief executive of OSI Restaurants (now Bloomin' Brands), which oversees several chains including Outback Steakhouse and Carrabba's Italian Grill. Outback Steakhouse got its start in Tampa.

Win Sheridan, co-founder of Richmond Va.-based staffing firm Apex Systems, will also join the board.

All three are now minority investors in the company, although co-owner Ty Neal would not disclose how much money they had contributed, the Washington Post reported Tuesday.

"These are people who have been to the rodeo before," Neal said. "As small mom-and-pop restaurateurs, that's something we can learn from."

Neal co-founded Matchbox, which specializes in pizza and bistro-style dishes, with Mark Neal and Andrew Kim in 2003. The company has grown steadily since then, with locations in Rockville, Capitol Hill, Logan Circle and Merrifield, as well as Palm Springs, Calif.

Each new restaurant costs about $3 million to open, Neal said. He declined to disclose profit or revenue figures. It could be 2016 by the time the company begins looking to expand outside of the Washington market.

Washington D.C. restaurant chain taps Outback Steakhouse talent to help with expansion 03/11/14 [Last modified: Tuesday, March 11, 2014 12:33pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Carrollwood fitness center employs scientific protocol to help clients

    Business

    In 2005, Al Roach and Virginia Phillips, husband and wife, opened 20 Minutes to Fitness in Lakewood Ranch, and last month they opened the doors to their new location in Carrollwood.

    Preston Fisher, a personal fitness coach at 20 Minutes To Fitness, stands with an iPad while general manager/owner Angela Begin conducts an equipment demonstration. The iPad is used to track each client's information and progress. I also included one shot of just the equipment. The center recently opened in Carrollwood. Photo by Danielle Hauser.
  2. Olive Tree branches out to Wesley Chapel

    Business

    WESLEY CHAPEL — When it came time to open a second location of The Olive Tree, owners John and Donna Woelfel, decided that Wesley Chapel was the perfect place.

    The Olive Tree expands its offerings of "ultra premium?€ extra virgin olive oils (EVOO) to a second location in Wesley Chapel. Photo by Danielle Hauser.
  3. Massachusetts firm buys Tampa's Element apartment tower

    Real Estate

    TAMPA — Downtown Tampa's Element apartment tower sold this week to a Massachusetts-based real estate investment company that plans to upgrade the skyscraper's amenities and operate it long-term as a rental community.

    The Element apartment high-rise at 808 N Franklin St. in downtown Tampa has been sold to a Northland Investment Corp., a Massachusetts-based real estate investment company. JIM DAMASKE  |  Times
  4. New York town approves Legoland proposal

    News

    GOSHEN, N.Y. — New York is one step closer to a Lego dreamland. Goshen, a small town about fifty miles northwest of the Big Apple, has approved the site plan for a $500 million Legoland amusement park.

    A small New York town, Goshen approved the site plan for a $500 million Legoland amusement park. Legoland Florida is in Winter Haven. [Times file  photo]
  5. Jordan Park to get $20 million makeover and new senior housing

    Real Estate

    By WAVENEY ANN MOORE

    Times Staff Writer

    ST. PETERSBURG —The St. Petersburg Housing Authority, which bought back the troubled Jordan Park public housing complex this year, plans to spend about $20 million to improve the 237-unit property and construct a new three-story building for …

    Jordan Park, the historic public housing complex, is back in the hands of the St. Petersburg Housing Authority. The agency is working to improve the 237-unit complex. But the latest plan to build a new three-story building for seniors will mean 31 families have to find new homes. [LARA CERRI   |   Tampa Bay Times]