Industry News | February 8, 2013
Quaker Steak & Lube Sets Its Sights on 17 Units in 2013
Quaker Steak & Lube, known for its Best Wings USA and more than 20 sauces, announced that it is continuing on the tremendous growth built from 2012, and is on track to open 17 new restaurants in 2013 in Texas, South Dakota, South Carolina, New Jersey, Pennsylvania, Wisconsin, and Florida, among other states.
Fueling this announcement is the recent grand opening of the company’s newest corporate Quaker Steak & Lube restaurant in Plano, Texas, with additional restaurants in Medina, Ohio, and Columbia, South Carolina, expected to open in the first quarter of the year.
“2012 was a momentous year for our brand as we welcomed four new franchisees into our Lube family and also signed 11 new agreements,” says John Longstreet, president and CEO, Quaker Steak & Lube. “We are well on our way to doubling our current footprint, and we’re extremely excited to bring The Lube to new markets like Rapid City, South Dakota, and also open four or five more corporate restaurants in 2013.”
The company experienced significant growth in 2012, with 11 restaurant openings, a 22 percent increase from the previous year and a 13 percent increase in systemwide revenues.
The company has nearly 60 locations to date, and began its Texas Takeover with three corporate openings in Waco, Carrolton, and Plano, Texas.
“It’s the unwavering support of our loyal Lubies, dedicated franchisees, and management team that has helped propel our brand to the head of the casual-dining segment this past year,” Longstreet says.
The compelling décor, including race cars suspended from the ceilings, motorcycles, Corvettes, and gas station memorabilia, combined with its crave-able food and super-charged events, has created a cult-like following for The Lube for more than 38 years.
Quaker Steak & Lube has quickly become one of the fastest-growing restaurant chains and has close to 60 locations open across 19 states and Canada.
Collectively, the company serves more than 80 million wings annually, along with burgers, ribs, steaks, salads, sandwiches, kids’ meals, signature beverages, and many more menu items.
The Lube is also known for creative food promotions and recently won the coveted MenuMasters award for its limited-time offer, Shake, Wrap & Roll.
Hand-crafted and hand-shaken beverages are also featured on the Blowout Beverages menu, including the industry 2012 Cheers Beverage Award-Winning Bar Jars.
Food & Beverage
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