Free Offer From FranchiseWorks.com

Sign Up For the FranchiseWorks.com Newsletter and Receive Our Free Consumer Guide to Buying a Franchise
Email Address:
Country:
State:


No Thanks
Twitter FranchiseWorks    FaceBook FranchiseWorks    Pinterest FranchiseWorks
Bookmark and Share    FranchiseWorks RSS Feeds

  My Franchise Cart
Thursday, 3/30/2017

Platinum Franchise
Gold Franchise
Silver Franchise

Business Opportunities
Multi-Unit Franchise
Home-Based Franchise
Franchises for Women

Resource Center
Visit the IFA web site
Franchise
Industry Categories
Top Ten Percent Mobile Marketing Franchise.
Own Your Own Packaging and Shipping Business With A Postal Annex Franchise. Today, Today, PostalAnnex+ is one of America's largest franchise networks of retail shipping and business centers. Decorating Den Interiors Franchise. Interior Decorating & Residential Design Franchise. Join A Leader In The Home Decorating Industry. Top Ten Percent Mobile Marketing Franchise.
• • • FRANCHISE NEWS STORY • • •

Date: 11/14/2011
More News Stories
Restaurant Franchise Quaker Steak & Lube® Experiences Unprecedented Growth In 2011
FranchiseWorks.com | Restaurant Franchise Quaker Steak & Lube® Experiences Unprecedented Growth In 2011. Rapidly Growing Casual Dining Franchise Chain Opens Eight New Restaurants; Signs Agreements for 35+ New Locations.

SHARON, PA. – November 2011 – The award-winning casual-dining franchise Quaker Steak & Lube® known for its Best Wings USA and over 21 sauce varieties, has experienced unprecedented growth in 2011 with the opening of eight new restaurants, and signed franchise agreements to develop more than 35 locations in the U.S. over the next several years. Currently, Quaker Steak & Lube® has 47 locations in 15 states and Canada with plans to open 12 new restaurants next year.

“2011 has been a tremendous year for our brand, and with these franchise development agreements and corporate restaurants, we are in a unique position to double our footprint in an extremely short time period,” said John Longstreet, president and chief executive officer, Quaker Steak & Lube®.  “Our high average unit volume, quality food and memorable dining experience are the keys to our success, and we look forward to continuing to grow and evolve our company in 2012.”

In October, the company opened its newest restaurant in Springfield, IL, marking the first Quaker Steak & Lube® location in Illinois. The company’s next restaurant will open in Pineville, NC during the first quarter of next year, and subsequent restaurants will be built in Northern New Jersey, and Upstate New York, New England, North Carolina, Virginia, the Dakotas and Texas.  The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has created a cult-like following for The Lube®.

“Our brand has endless heart and soul, which is evident the moment you walk into one of our restaurants,” said Longstreet.  “Our experienced management team and dedicated franchisees are committed to the company’s success and share a common goal of providing customers with a memorable and lasting dining experience.”

Today, Quaker Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won hundreds of national and international awards for its wings and 20 different wing sauces.  Most recently, Quaker Steak & Lube® has won the Cheers Beverage Excellence Award for 2012 for Best Beverage Merchandising for its signature Bar Jars.

Developers seeking to own and operate a Quaker Steak & Lube® franchises should possess a minimum liquidity of $1 million, a net worth of $3 million and willing to commit to multiple locations.  Prior restaurant operations or hospitality experience is strongly preferred.

About Quaker Steak & Lube®:
Founded in 1974 and built in an abandoned gas station in Sharon, Pa., the original Quaker Steak & Lube® began as a cook-your-own steak restaurant, before expanding to over 40 locations throughout the United States and Canada.  The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following.  Today, Quaker Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more hundreds of national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2010 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York.

If you would like more information about owning a restaurant franchise, go to http://www.franchiseworks.com.

About www.FranchiseWorks.com 
FranchiseWorks.com was established in 1999 with the goal of providing qualified prospective entrepreneurs with the right franchise or business opportunity that meets his or her needs. We showcase hundreds of franchise and business opportunities in a variety of industries including new start-ups to established companies. www.FranchiseWorks.com also has information on franchise financing sources, business opportunity and franchise trade show schedules along with the latest franchise news. For additional franchise information visit http://www.franchiseworks.com or the franchise blog - http://franchiseworks.blogspot.com. For information on visit www.quakersteakandlube.com.