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Quaker Steak And Lube Franchise Cost

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Pita Mediterranean Street Food

Quaker Steak & Lube Franchising

If youre looking to open a restaurant franchise with a Mediterranean focus, consider PITA Mediterranean Street Food. Founded in 2012, this chain has been expanding its locations in California, Georgia, South Carolina, and more.

PITA Mediterranean Street Food is dedicated to serving delicious and authentic Mediterranean food to its customers. Their handmade falafels, shawarma, and gyros keep hungry customers coming back for more.

If you choose to franchise with PITA Mediterranean Street Food, youll enjoy extensive franchisee support. Their team will help you choose the right location and will even assist with the architectural design. Moreover, their training program in management and operating POS systems help you learn the ins and outs of how to run a smooth business.

PITA Mediterranean Street Food requires their franchisees to have at least $100,000 in liquid assets and a net worth of $300,000. Depending on your location, the total investment can range from $175,000 to $350,000, making the cost significantly lower than other restaurant franchisees. If youre ready to bring delicious Mediterranean food to your customers, apply to be a franchisee through their website.

Quaker Steak & Lube Signs Franchise Agreement For New Restaurant Location

New franchise to open in Salem, Ohio

Westlake, OH Quaker Steak & Lube, one of the nations leading family casual-dining restaurant chains, has signed an agreement with new franchisees Brooke and Brandy Pidgeon to open a restaurant at the Timberlanes Complex in Salem, Ohio.

Quaker Steak & Lube has spent more than two years reshaping and redefining the brand to position it for strategic growth, much of which will come through franchise development. The restaurant chains leadership team has elevated the brand from new and improved menu offerings to enhanced service standards, all supported by a fully cohesive marketing strategy. These efforts are proving to be fruitful, as the brand continues to attract the attention of new franchisees around the country.

Entrepreneurs Brooke and Brandy Pidgeon will own and operate the new Salem, Ohio location. As part of the revitalization and remodeling of the historic Timberlanes Complex, Quaker Steak will be located in the lower level off of Penn Avenue, in a space formerly known as Wallabys. This Quaker Steak location will be a smaller version of the iconic restaurant offering the full line of burgers, wings and more. In addition to Quaker Steak, the Timberlanes Complex is also home to a hotel, an event center/ballroom and another full-service restaurant, all located at 544 East Pershing St. in Salem.

For more information about Quaker Steak & Lube franchising opportunities, visit https://lubefranchising.com/.

Contacts:

Best Seafood Business Franchise Opportunities For Sale And Their Cost

  • Contents

  • Quaker Steak & Lube®

    As one of the most brand differentiated restaurants in casual family dining, Quaker Steak & Lube®, has been a successful concept for over 40 years. The unique motor sports themed décor, including race cars suspended from the ceilings, motorcycles, Corvettes, and gas station memorabilia, combined with the enticing food and high-octane events has created a cult-like following for The Lube®.

    The original restaurant was built in an abandoned gas station in Sharon, PA in 1974. Quaker Steak & Lube® has grown to 50 locations throughout the United States with an aggressive expansion plan under way.

    Financial Requirements

    • Royalty Fee: 5%
  • Happys Pizza

  • At happys pizza, the food is amazing and the prices are unbeatable. The pizza is second to none, but the restaurants incredibly diverse menu featuring smoked ribs, barbecued chicken and seafood sets them apart. Restaurant franchising is a $60 billion a year industry and pizza accounts for one half of all Quick Service restaurant sales. Add to that, ribs, chicken and seafood and the company have got something for everyone in the family any day of the week.

    Financial Requirements

    • Total Investment: $295,880 $445,000
  • Captain Ds

  • Financial Requirements

    • Ad Royalty Fee: 1.1%
  • LemonShark Poke

  • Financial Requirements

    • Liquid Cash Requirement: $70,000
  • Cousins Maine Lobster

  • Financial Requirements

    • Initial Investment: $145,900 to $786,700
    • Net-Worth: $200,000
    • Total Investment: $145,900 to $786,700
  • DJs Clam Shack

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    About Quaker Steak & Lube:

    Founded in 1974 and built in an abandoned gas station in Sharon, PA, Quaker Steak & Lube® has expanded to more than 60 locations throughout the United States and Canada. The unique décor, including gas station memorabilia, classic cars, motorcycles, race cars and corvettes suspended from the ceilings 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 hundreds of national and international awards for its wings and more than 25 different wing sauces.

    Contacts:

    The Best Sandwich Franchises To Buy In 2021

    Quaker Steak &  Lube Franchise Costs and Franchise Info for ...

    Last time we looked at the best food franchises to buy in 2021, we had to start by considering whether buying a food franchise was even a good idea in the current economic environment. With certain delivery and take-out concepts booming, we started by looking at pizza franchises for sale.

    In this post, we’ll look at some of the best fast food franchises for sale, focusing on sandwich-based formats.

    Sandwich franchises have seen mixed performance in 2020, with some like Capriotti’s reporting strong Q2 sales while others have been forced to change concepts or search for more drive-through/take-out friendly locations. Below, we highlight the sandwich franchises that we believe are best poised for steady performance in the new normal era:

    Arby’s

    Arby’s has been franchising since 1965, and the company has seen more than its share of economic ups and downs. You might be surprised to learn that it’s the second-largest sandwich franchise in the world, operating 3,400 restaurants in eight countries. With such a strong foundation, Arby’s franchisees will benefit from continued support from a well-established operating model and known brand. Initial investment begins at $321,000, and if you’re interested in purchasing a franchise with Arby’s, you can learn more here.

    Burger 21

    Burger King

    Capriotti’s

    Culver’s

    Firehouse Subs

    Five Guys

    Hardee’s

    John Smith Subs

    McAlister’s Deli

    Mooyah

    Original Hot Dog Factory

    Port of Subs, Inc.

    Potbelly

    Sonic

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    Auction Alert The Original Quaker Steak & Lube

    My heart sank when I clicked on this reader-submitted auction tip and realized it was for the original Quaker Steak and Lube restaurant in Sharon, Pennsylvania. Quaker Steak opened in 1974 in a barely-altered Quaker State service station, and became a go-to destination for motorheads from as far away as Pittsburgh and beyond. I am pleased and relieved to report that the restaurant remains in operation! The auction is set to empty a warehouse of overflow memorabilia now owned by PennDOT, the Pennsylvania Department of Transportation, and includes the shells of two Corvettes. Both are listed as 1988 models though one is clearly a C3. Thanks to Alexander M. for spotting the auction here on equipmentone.com.

    Bidding on this C3 Corvette shell sits at $555 with nine days before the auctions close. On the occasion of my first wedding anniversary I called Hertz in Pittsburgh for a Premium Rental: a Chrysler LeBaron GTS convertible. My wife and I enjoyed a top-down cruise and a lovely dinner at the Quaker Steak and Lube. We parked the dark metallic green LeBaron next to a new Jaguar XK8 convertible in BRG and tan nearly our Chryslers twin. I remember the vast selection of chicken wing options and the 1936 Chevy that had been driven into a bay and raised on a lift, where it remained permanently enshrined above the diners.

    From The Franchise Disclosure Document Of Quaker Steak & Lube That Was Issued On May 21 2020

    As a franchisee, you will operate a QUAKER STEAK & LUBE® Restaurant featuring a variedmenu of chicken wings, chicken, hamburgers, salads, steaks, a retail area, and a full-service barwith a distinctive motor theme trade dress in a family fun casual dining atmosphere. You willbe required to sign both a franchise agreement and an area development agreement.

    Investiment Amount

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    Best Seafood Business Franchise Opportunities And Their Cost

    Do you want to start a seafood business by buying a franchise? If YES, here are 14 best seafood restaurant franchise opportunities for sale and their cost. Your chances of success in business are higher when you franchise in lieu of doing everything yourself. If you are thinking about opening a seafood business, you would be wise to investigate whether purchasing a franchise might help you avoid common entrepreneurial mistakes. Properly explained below are the top franchises you can consider when looking to start a seafood business in the united states.

    Quaker Steak & Lube Corporate Office Headquarters Hq

    Why Franchise with Quaker Steak & Lube

    Quaker Steak & Lube Corporate Office Headquarters HQhttps://www.corporateofficeheadquarters.com/2013/Quaker Steak & Lube Corporate Office Headquarters HQ Best Wings USA, Inc. Address: 101 Chestnut Street Sharon, PA 16146 USA Corporate Phone Number: 1-724-981-3123 Fax Number: 1-724-981-5946 Customer Service Number: 1-724-981-3123

    Quaker Steak & Lube Franchising Corp Company Profile and https://www.bloomberg.com/profile/company/0451921D:USCompany profile page for Quaker Steak & Lube Franchising Corp including stock price, company news, press releases, executives, board members, and contact information.

    Quaker Steak & Lube Company Profile: Acquisition https://pitchbook.com/profiles/company/98619-22Quaker Steak & Lube General Information Description. Operator of a motorsports-themed family restaurant chain intended to serve food. The company offers a range of products including salads, wings, steakburgers, sandwiches, steaks, and ribs, thus providing consumers with tasty food.

    Meet The Franchise Development Team | Quaker Steak & Lube®With more than 20 years of experience in food and beverage vendor relations, cost containment, training and marketing, Ms. Salupo joined the Quaker Steak & Lube ® team in May 2016. Her experience at Caesars Entertainments Horseshoe Cleveland, Hard Rock Café, The Darden Restaurant Group and local Cleveland restaurant Westpark Station has provided her a full 360-degree view of food and beverage

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    Quaker Steak & Lube Signs New Franchise Agreement For First Philadelphia Area Restaurant

    Fourth Franchise Deal Inked by Brand in 2019

    Westlake, OH Quaker Steak & Lube, one of the nations leading family casual-dining restaurant chains, has signed a franchise agreement with Philadelphia commercial construction developer John Tripodi to open a new restaurant in Bensalem, Pa., approximately 20 miles northeast of Philadelphia. The full-service Quaker Steak & Lube restaurant will be located at 2900 Street Road in a space formerly known as The Pub 2900.

    Evidenced by this agreement and three others that were signed during the previous 45 days, Quaker Steak & Lube is drawing the attention and interest of new franchisees nationwide as a result of the brand being repositioned for strategic growth. The restaurant chains leadership and support teams have elevated the brand through improved food and beverage offerings, heightened service and operations standards and an integrated marketing strategy set to position the chain for continued success.

    We are excited to be bringing Quaker Steak & Lubes award winning food to this new Pennsylvania market, said Bruce Lane, Vice President. Philadelphians are going to love our craveable wings, burgers, steaks and ribs, not to mention all of our handcrafted cocktails. We look forward to the success of this franchise and to becoming the new favorite restaurant in Bensalem and the surrounding area.

    For more information about Quaker Steak & Lube franchising opportunities, visit .

    About Quaker Steak & Lube®

    Does Quaker State Own Quaker Steak And Lube

    Does Quaker State own Quaker Steak and Lube?

    Why is Quaker Steak and Lube closing? Quaker Steak & Lube closed

    Due to circumstances facing the restaurant industry we have made the unfortunate decision to permanently close this location. When the truckstop chain announced the sale, CEO John Pertchik said Quaker Steak & Lube did not strategically fit within our long-term goals for the company.

    Is Quaker Steak & Lube a franchise? With a low average initial investment of $463,500-$3,241,000 and high growth potential, Quaker Steak & Lube is a rewarding franchise investment. The brand is backed by a corporate leadership team that provides significant support to franchises in all aspects of the business for maximum sales and franchise success.

    Did Quaker Steak and Lube go out of business? Travel Centers of America said it has agreed to sell its 41-unit Quaker Steak & Lube casual-dining chain to an unidentified buyer for about $5 million. The truck stop operator said the chain and its other full-service restaurants had dragged down revenues beyond its fuel pumps during 2020.

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    Quaker Steak & Lube Names Interim Chief Executive Officer

    SHARON, PA The Award-Winning casual-dining franchise Quaker Steak & Lube®, known for the Best Wings USA and more than 25 signature sauces, announced today that Frederick Dreibholz, current chief financial officer, has been named interim chief executive officer of the Quaker Steak & Lube® restaurant group, effective immediately.

    Dreibholz replaces John Longstreet who is stepping down as chief executive officer of the popular full-service restaurant chain. After serving on the board of directors since 2004, Longstreet became chief executive officer in 2010. This shift in leadership comes at a time when The Lube® has shown significant growth, expanding both in restaurants and new markets.

    “John embarked on a multipronged program when he took the helm of Quaker Steak & Lube®, which included improving all aspects of operations, creating a dynamic local restaurant marketing program and implementing a significant restaurant growth strategy,” said Debra Koenig, chairman of the board. “Fred and his team will build on these successes while targeting the specific challenges that face the restaurant industry today.”

    For more information, visit www.QuakerSteakandLube.com. Follow The Lube® on Twitter at and on Facebook at The Official Quaker Steak & Lube. Join Lube Nation today by signing up for our E-mail club at .

    Quaker Steak & Lube Fdd Summary

    Quaker Steak &  Lube Franchise Information: 2021 Cost, Fees ...

    Type of BusinessAs a franchisee, you will operate a QUAKER STEAK & LUBE® Restaurant featuring a varied menu of chicken wings, chicken, hamburgers, salads, steaks, a retail area, and a full-service bar with a distinctive motor theme trade dress in a family fun casual dining atmosphere.

    Corporate InformationQSL Franchise Systems LLC is a Maryland limited liability company that was formed on March 24, 2016. Their principal business address is 24601 Center Ridge Road,Westlake, Ohio 44145-5634. QSL is a wholly owned subsidiary of TravelCenters of America Holding Company LLC, a Delaware limited liability company.

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    Quaker Steak & Lube Opens New Location In Bensalem Pennsylvania

    First Philadelphia-Area Restaurant

    Westlake, OH Quaker Steak & Lube® , one of the nations leading family casual-dining chains, is celebrating the grand opening of a new restaurant in Bensalem, Pennsylvania, the companys first presence in the Philadelphia area. The full-service restaurant, located at 2900 Street Road, is a QSL franchise owned and operated by local businessman John Tripodi.

    The Bensalem QSL opens offering carry-out and delivery from 11 a.m. 7 p.m. daily. QSL is closely monitoring Pennsylvania state guidelines and will open the dining room to patrons when state law permits.

    The restaurant is located in a 10,000 square foot, standalone building that seats more than 200, and an outdoor patio that will provide capacity for an additional 40 guests. QSL offers a unique dining and entertainment option for the local community with its distinctive motor-themed décor. The broad food menu includes award-winning wings, burgers and sandwiches, and an ample beer, wine and cocktail selection. The array of entertainment options includes local musicians, karaoke, and a full schedule of exciting events such as Bike Nites and Car Cruise-Ins.

    Guests can order online at thelube.com or call 609- WING to place an order. Third party delivery services like UberEATS, GrubHub and DoorDash will soon be available as well. For more information on the Bensalem Quaker Steak & Lube, visit .

    About Quaker Steak & Lube®

    Media Contacts:

    Quaker Steak & Lube Delivers Award

    SPONSORED CONTENT

    What are the most important factors when deciding to invest in either a quick-service restaurant franchise or a full-service concept?

    First-time franchisees often look to QSR brands because of the simplified business model they commonly operate. On the other side of the coin, those with restaurant industry backgrounds recognize the higher earning potential of operating full-service restaurant franchises.

    The advantages of owning a full-service restaurant concept outweigh perceived barriers to entry, particularly when prospective franchisees consider the benefits a brand like Quaker Steak & Lube can offer. Here are just a few:

    Restaurant Franchise Profit Margins

    QSR Magazine put together a Top 50 list of quick-service concepts and the average unit sales they generate. For the top 10 concepts, the average sales per unit are roughly $1,391,629 per year. Across the fast-food industry, the average profit margin hovers around 3 percent.

    As a result, the actual profit the average QSR franchisee would take home at the end of the year is close to $42,000. Average annual profit margins and unit volumes vary among different QSR concepts, but the industry average demonstrates the slimness of margin many operators must face.

    Experience Over Transaction

    Restaurant franchise brands that deliver experience, value, and convenience are in the best position to attract and retain millennialsand other demographics with similar priorities.

    SPONSORED BY:

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    Q& a With Bruce Lane Vice President Of Operations And Franchise Services At Quaker Steak & Lube

    Published on March 8, 2019in Fast Casual Restaurant Franchise, Q & A Interview

    In this exclusive Q& A, we get to learn more about Quaker Steak & Lube from Bruce Lane, the companys vice president of operations and franchise services.

    Franchise Chatter : Can you please share a bit of background on the Quaker Steak & Lube concept including its founding story?

    Bruce Lane : In 1974, the United States experienced its first major gas crisis. The price of gasoline was off the charts and gas stations across the country were closing their doors. Carmakers began exploring new ways to develop vehicles that got better gas mileage and people across the country began leaving behind their gas guzzler cars for more fuel-efficient options.

    Where many people saw impractical vehicles, founders George Warren III and Gary Meszaros saw opportunity. So was born Quaker Steak & Lube, a Cook Your Own Steak restaurant in Mercer County, Pennsylvania that opened in an old filling station and gave some abandoned classic and muscle cars a permanent home, including a 1936 Chevrolet, frozen in time on the original hydraulic grease rack.

    FC: Can you tell us a little bit about your professional background before joining Quaker Steak & Lube?

    BL: I originally started my food service career at McDonalds as an hourly manager in my early 20s. As I continued my career at the famous chain, I rose through the ranks and eventually landed the position of General Manager at a franchise location in Louisiana.

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