Quaker Steak & Lube® Supercharges Franchise Development Plans And Targets Nationwide Expansion
WESTLAKE, Ohio, Nov. 1, 2016 /PRNewswire/ -- The Best Wings USA award-winning family casual-dining franchise Quaker Steak & Lube®, known for its outstanding chicken wings and more than 20 unique wing sauces, announced today the brand has supercharged its franchise development efforts and is seeking entrepreneurs interested in opening multiple restaurants in states such as Colorado, Florida, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, South Carolina, Tennessee and Wisconsin. Plans for the popular restaurant chain include aggressive growth nationwide.
Earlier this year the TA Restaurant Group acquired Quaker Steak & Lube®. The TA Restaurant Group is a division of TravelCenters of America (Nasdaq: TA), a Fortune 500 company. The more than 750 locations in the TA Restaurant Group's operation include ten proprietary and nearly 30 franchised restaurant brands nationwide. Under the leadership the TA Restaurant Group and its experienced executive team, The Lube® has reinvigorated the brand, added a new executive chef, and improved the menu to enhance customer experience and to streamline operational efficiency.
"Quaker Steak & Lube® is a beloved American brand that has had a cult-like following from consumers for more than 40 years. We're thrilled to announce our efforts to find additional qualified franchisees to join us and our existing franchise network. We look forward to introducing the opportunity to multi-unit operators nationwide that are on the hunt for a fun, energetic brand to add to their portfolio," said John Ponczoch, a 30-year veteran of the restaurant industry, a Senior Vice President of TA and head of the TA Restaurant Group. "By utilizing the TA Restaurant Group's vast experience and its perspective as both a franchisor and multi-unit franchisee, Quaker Steak & Lube® now has expanded operations and infrastructure that will ignite our ability to grow and offer an invaluable support system to both new and existing franchisees."
To kick off the brand's re-launch, executives from Quaker Steak & Lube® will be available to discuss franchise opportunities with interested prospective franchise owners at the Restaurant Finance & Development Conference in Las Vegas, Nevada, on Nov. 14-16, booth #520. Candidates should have multi-unit ownership experience, preferably in the restaurant industry, at least $1 million in liquid assets and a minimum net worth of $3 million. Quaker Steak & Lube® offers building designs to capitalize on the square footage, both inside and outside of the building, which includes the Custom Cruiser (freestanding) and Power Lube (freestanding or endcap) with additional opportunities for conversions and non-traditional buildouts in stadium, college, kiosk or airport locations. The franchise currently boasts an average unit volume (AUV) of $3.1 million*.
For more information about franchise opportunities, contact Zeb Hastings at 1-877-MYLUBE1 (1-877-695-8231) or by email at [email protected], or visit www.LubeFranchising.com. Follow Quaker Steak & Lube® on Facebook, Twitter or Instagram for the latest news.
About Quaker Steak & Lube®:
Quaker Steak & Lube®, founded over 40 years ago in Pennsylvania (the Quaker State) in a renovated filling station, the chain now includes over 50 locations in fourteen states across the U.S. "The Lube"® combines unique décor, including gas station memorabilia, classic cars, motorcycles, and race cars suspended from the ceilings with crave-able food and high-octane entertainment & events appealing to guests of all ages. Quaker Steak & Lube® has won hundreds of national and international awards for its wings and more than 20 wing sauces. For more information about Quaker Steak & Lube®, please visit www.thelube.com.
About the TA Restaurant Group
Since opening its first restaurant in 1967, the TA Restaurant Group includes more than 750 quick service restaurants, full service restaurants and other food outlets, including ten proprietary restaurant brands. The TA Restaurant Group is a division of TravelCenters of America LLC, which offers diesel and gasoline fueling, restaurants, truck repair facilities, convenience stores and other services in 43 states and in Canada. For more information about TA and the TA Restaurant Group, please visit www.ta-petro.com.
*Figure reflects the AUV of 10 company-owned restaurants for the 53 week period ending on January 3, 2016. For supporting and additional information, please see Item 19 of our Franchise Disclosure Document dated August 29, 2016. There is no assurance that new franchisees will achieve the represented level of performance. This advertisement is not an offer for a franchise. An offer for a franchise can only be made by us after we have complied with disclosure requirements in your jurisdiction.
Media Contact:
Rachel Tabacnic
Fish Consulting
954-893-9150
[email protected]
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SOURCE Quaker Steak & Lube
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