OLAMAIE, LP
Olamaie, LP operated a single-location upscale Southern fine dining restaurant in Austin, Texas from 2014 until its July 2024 closure, serving a $175 prix fixe tasting menu to individual diners and private event clients under parent MaieB Hospitality.
- Company typePrivate
- Founded2014
- HeadquartersAustin, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What OLAMAIE, LP does
Olamaie, LP operated a single-location upscale Southern fine dining restaurant at 1610 San Antonio Street in Austin, Texas from August 2014 until its announced closure on July 19, 2024. The restaurant offered a 4-course prix fixe tasting menu (3 savory courses plus 1 dessert) priced at $175 per person, with guests selecting from 3-4 options per course, plus curated wine, cocktail, and bar programs. Service ran Wednesday through Sunday from 5pm to 9pm, with reservations managed through Open Table and Tock for parties of up to six and full restaurant buyouts available for private events with 30 days notice. A $75 per person deposit was required at reservation. Gift cards were sold through the Toasttab platform. Olamaie was founded and led by Executive Chef Michael Fojtasek, with Chef de Cuisine Amanda Turner, and operated as a flagship property under parent company MaieB Hospitality, alongside sister concepts Maie Day, Gimme Burger, and Dining at Albert Hotel.
The restaurant earned three Austin American-Statesman "Best Restaurant in Austin" awards (2015, 2017, 2019), Michelin recognition, and multiple James Beard and Food & Wine accolades for its chef leadership, establishing it as one of Austin's most decorated independent fine dining concepts. The business model was a direct-to-consumer, single-venue hospitality operation with no technology platform layer, no delivery footprint, and no retail product line beyond gift cards. Revenue was generated entirely through on-premises dining covers, private event buyouts, and gift card sales — there is no evidence of catering, packaged goods, or licensing revenue streams. As a Limited Partnership domiciled in the United States, Olamaie, LP was privately held with no disclosed outside investment and was operated independently by the MaieB Hospitality group until its closure.
The restaurant's value proposition rested on chef-driven creative execution of modern Southern cuisine, scarcity-driven reservation economics (limited walk-in space, deposits required), and a 12-year track record of regional and national recognition. Marketing channels were modest and organic — a Squarespace-hosted website, an Instagram presence (@olamaieaustin), an email newsletter, and third-party reservation platforms. Following the July 2024 closure announcement, the company is no longer generating operating revenue, and the Olamaie brand is dormant.
OLAMAIE, LP firmographics
Firmographics- Name
- OLAMAIE, LP
- Legal name
- Olamaie, LP
- Website
- https://olamaieaustin.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Closed
- Headcount range
- 11–50 employees
- Short description
- Olamaie, LP operated a single-location upscale Southern fine dining restaurant in Austin, Texas from 2014 until its July 2024 closure, serving a $175 prix fixe tasting menu to individual diners and private event clients under parent MaieB Hospitality.
- Ownership category
- akta.pro rank
OLAMAIE, LP industry classification
Industry- Product category
- Fine Dining Restaurant
- NAICS
- Full-Service Restaurants (722511)
- SIC
- Retail-Eating & Drinking Places (5810)
- akta.pro primary industry
- Fine Dining Restaurants (THAFACAA)
- akta.pro secondary industry
- Chef’s Table & Tasting Menu Restaurants (THAFACAG)
Keywords
Where OLAMAIE, LP is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
OLAMAIE, LP business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- In-restaurant dining: Revenue generated from serving guests a 4-course prix fixe menu at $175 per person. Guests select from 3-4 options per course (3 savory and 1 dessert).
- Private events and buyouts: Revenue from full restaurant buyouts for private events and large gatherings. Offered with at least 30 days notice.
- Gift cards: Gift cards available for purchase through Toasttab platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Prix Fixe Dining Experience - $175 per person |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
OLAMAIE, LP product offering
Product offeringCore offering
Olamaie operated a single-location upscale fine dining restaurant serving a modern interpretation of Southern cuisine through a 4-course prix fixe menu ($175 per person) with 3-4 options per course. The restaurant also hosted full private event buyouts and sold gift cards as ancillary offerings.
Product overview
Olamaie is a single-location upscale Southern fine dining restaurant offering a prix fixe tasting menu experience. The restaurant operates as a unified dining concept with multiple menu modules (prix fixe, bar, beverages, wine) and hospitality services (private events, gift cards). All offerings are centered around the main Olamaie restaurant location at 1610 San Antonio St., Austin, TX 78701, part of the MaieB Hospitality group.
Differentiator
Problem solved
Functional benefit
Products and services
- Olamaie Fine Dining Experience Upscale Southern fine dining restaurant offering a 4-course prix fixe menu ($175 per person) with 3 savory courses and 1 dessert, featuring modern interpretations of Southern flavors. Open Wednesday-Sunday, 5-9pm.
- Special Events and Private Dining Buyouts Full restaurant buyouts available any day of the week with 30 days notice, catering to gatherings of 7 or more guests with personalized event planning.
- Gift Cards Digital and physical gift cards available for purchase through Toasttab, enabling guests to give the Olamaie dining experience.
Companies that use OLAMAIE, LP
Customer profileSegments1 record
Ideal customer profiles2 records
OLAMAIE, LP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OLAMAIE, LP partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- Open TablecoreOpen Table is used as the primary reservation platform for parties up to six guests. Customers can make reservations directly through Open Table.
- TockcoreTock is used as an alternative reservation platform for parties up to six guests. Part of the reservation system infrastructure.
- MaieB HospitalityflagshipParent company based in Austin, TX that operates Olamaie along with other properties including Dining at Albert Hotel, Gimme Burger, and Maie Day. Olamaie is a flagship property within the MaieB Hospitality portfolio.
Scale indicators2 records
Recent moves5 records
Expansion highlights1 record
OLAMAIE, LP competitors and assessment
Company assessmentBroad incumbents
- Per Se: Thomas Keller's three-Michelin-star New York tasting-menu restaurant. Comparable as a high-end American prix-fixe fine dining institution with similar pricing tier, format, and award profile to Olamaie's positioning.
- Eleven Madison Park: Three-Michelin-star New York tasting-menu restaurant. Comparable as a high-priced, chef-identity-led prix-fixe institution operating at the top of the U.S. fine dining market.
- The French Laundry: Thomas Keller's Yountville, CA three-Michelin-star tasting-menu restaurant. Comparable as the benchmark American prix-fixe fine dining institution — same tasting menu format, same Michelin/James Beard recognition tier, same chef-as-identity model.
Regional players
- June's All Day: Austin wine-focused restaurant from the McGuire Moorman Hospitality group. Operates in the same Austin upscale-dining market with adjacent positioning, overlapping chef and hospitality talent pools.
- Odd Duck: Austin chef-driven restaurant where Chef Amanda Turner previously worked. Comparable Austin upscale-casual peer with overlapping culinary talent pipeline and similar farm-to-table/modern American positioning.
Direct peers
- The Albert Hotel Dining: Fredericksburg, TX hotel restaurant operated under the same MaieB Hospitality group as Olamaie, with Fojtasek as Executive Chef. Sister concept that directly inherits Olamaie's chef talent, brand cues, and culinary positioning.
- Suerte: East Austin fine dining Mexican restaurant led by chef-driven tasting menus. Direct competitor in the Austin upscale dining market, sharing the same Michelin-recognized, James Beard-nominated competitive set as Olamaie.
- Uchi: Austin-based contemporary Japanese fine dining restaurant that directly competes with Olamaie for upscale diners, James Beard attention, and Michelin recognition in the same city. Both operate as full-service chef-driven concepts with tasting-menu-style offerings.
- Alinea: Chicago-based tasting-menu fine dining restaurant by Grant Achatz. Closely comparable format (multi-course prix fixe, chef-driven narrative) and award profile (Michelin-starred, James Beard recognized), serving as a national benchmark for the format Olamaie executed.
- Canlis: Seattle institution operating a single-location chef-driven fine dining concept with tasting-menu offerings. Highly comparable as a single-room, independently owned, multi-generational fine dining brand anchored by a founding family identity.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
OLAMAIE, LP social profiles
Digital presenceOLAMAIE, LP financial estimates
Financial estimateRevenue estimate
Valuation estimate
OLAMAIE, LP leadership team
Management profileNumber of profiles
OLAMAIE, LP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OLAMAIE, LP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OLAMAIE, LP
What does OLAMAIE, LP do?
Olamaie operated a single-location upscale fine dining restaurant serving a modern interpretation of Southern cuisine through a 4-course prix fixe menu ($175 per person) with 3-4 options per course. The restaurant also hosted full private event buyouts and sold gift cards as ancillary offerings.
Is OLAMAIE, LP a public or private company?
OLAMAIE, LP is a private company. It is classified as founder individual operated bootstrapped and is currently closed.
When was OLAMAIE, LP founded?
OLAMAIE, LP was founded in 2014. It employs 11 to 50 people.
Where is OLAMAIE, LP based?
OLAMAIE, LP is headquartered in Austin, United States, in the North America region.
How does OLAMAIE, LP make money?
Three revenue lines are on record. In-restaurant dining is the primary driver. The others are private events and buyouts and gift cards.
Who are OLAMAIE, LP's main competitors?
Broad incumbents on record are Per Se, Eleven Madison Park and The French Laundry. Regional players are June's All Day and Odd Duck. Direct peers are The Albert Hotel Dining, Suerte, Uchi, Alinea and Canlis.
Does OLAMAIE, LP have an API?
No public API is recorded for OLAMAIE, LP.
What industry is OLAMAIE, LP in?
OLAMAIE, LP's product category is Fine Dining Restaurant. Its primary akta.pro industry code is THAFACAA, Fine Dining Restaurants, with a secondary code of THAFACAG, Chef’s Table & Tasting Menu Restaurants. Its NAICS code is 722511 and its SIC code is 5810.