百大连锁店-Rank no. 324 – 新移民致富之路

百大连锁店-Rank no. 324 – 新移民致富之路


Rank no. 324 – Quaker Steak & Lube –  US

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Products & Services: Chicken wings, burgers, salads, steaks

Number of Locations: 58

Total Investment: $1.14M – 4.15M

Founded: 1974

Began Franchising: 1997

About Quaker Steak & Lube

In 1974, with gas prices rising and gas stations closing around the country, George “Jig" Warren III and Gary “Moe" Meszaros sought to preserve the culture of those old gas stations by opening Quaker Steak & Lube, a “cook-your-own-steak" restaurant and decorating the restaurant with old muscle cars.

The company began franchising in 1997, and new locations continue to use vintage cars in their decor. The menu, meanwhile, has expanded beyond steaks to include chicken wings, hamburgers, sandwiches, salads, ribs, appetizers, desserts and more.

Franchise Units

YEAR U.S. CANADIAN INTERNATIONAL COMPANY OWNED
2013 45 1 0 12
2012 40 1 0 8
2010 33 1 0 6
2009 28 1 0 6
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $1,145,000 – $4,155,000
Franchise Fee: $40,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 20 years, renewable
FINANCIAL REQUIREMENTS

Net Worth: $3,000,000
Liquid Cash Available: $1,000,000

OPERATIONS

90% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 100 – 125. Absentee ownership of franchise is NOT allowed..

FINANCING TYPE IN-HOUSE THIRD PARTY
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 8-10 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #324 (2013), #286 (2011),
Quaker Steak & Lube
Quaker Steak and Lube.svg
Type Private
Industry Casual dining
Founded Sharon, Pennsylvania,
United States (1974)
Founder(s) George “Jig" Warren III,
Gary “Moe" Meszaros
Headquarters Sharon, Pennsylvania
Number of locations 59 (58 in the United States, 1 inCanada)
Area served North America
Website QuakerSteakandLube.com

Quaker Steak & Lube is a casual dining restaurant chain based in Sharon, Pennsylvania. The original restaurant was built in 1974 by George “Jig" Warren and Gary “Mo" Meszaros in an abandoned gas station in downtown Sharon, and decorated with license plates and old automobiles. Originally a “cook-your-own-steak" establishment, Quaker Steak’s signature dish is now its chicken wings and the variety of sauces used to season them.

The name is a play on that of the motor oil company Quaker State.

History[edit]

In 1974, gas stations across the country were closing in the aftermath of the 1973 oil crisis. George “Jig" Warren III and Gary “Moe" Meszaros came up with the idea of preserving the culture of old gas stations and high-powered muscle cars. They opened Quaker Steak & Lube, initially a “cook-your-own-steak" restaurant that showcased old muscle cars. The original location included a 1936 Chevrolet on the original hydraulic grease rack.[1]

Locations[edit]

As of 7 August 2013, there are 59 restaurant locations, with three additional locations scheduled to open soon (two in PA, one in WI). The majority of the current locations operate in eastern Ohio and western and central Pennsylvania. Locations do, however, span the United States including one location outside Denver, Colorado and another location in Clearwater, Florida.[2] There is also a Quaker Steak & Lube location inside the Rogers Centre in TorontoOntarioCanada. There are plans to open a location in Indianapolis at the former Loon Lake Lodge restaurant, which closed in June 2010.[3] There is one opening on the Frisco/Plano border in North Texas (Dallas). December, 2012 a restaurant opened in Fargo, ND. Rapid City SD recently added its own to the chain.

Wing sauce[edit]

A Quaker Steak and Lube restaurant located in Robinson Square, a shopping center outside of Pittsburgh, Pennsylvania.

The restaurant is known for its chicken wing hot sauce flavors, which are depicted on the Scoville scale. The hottest flavor is the “Triple Atomic Sauce", which is made from the ghost pepper. The Atomic flavor is sold individually in a dropper bottle sealed in an oversized childproof prescription container. Customers must sign a liability waiver[4]

Flavor Scoville units[4]
Triple Atomic[5] 500,000
Atomic 150,000
Super-Charged (formerly “Suicide"[6]) 30,000
Buckeye BBQ 5,000
Cajun 3,870
Hot 3,000
Arizona Ranch 2,050
Golden Garlic 2,030
Thai ‘R’ Cracker 1,850
Dusted Salt & Vinegar (Discontinued as of May 2011) 1,500
Medium 1,440
Thaisian (New for 2011) 1,400
Premium Garlic 1,300
Louisiana Lickers 1,220
Tequila Lime BBQ 1,150
Asian Sesame 930
Dusted Chipotle BBQ 900
Parmesan Pepper 870
Mild 740
Honey Mustard 310
BBQ 90
Ranch 90

Awards[edit]

As of 2009, the chain has won over 100 awards.[7]

Media[edit]

The Pittsburgh, Pennsylvania location was featured in the Travel Channel series Man v. Food.[8] The episode’s challenge was to consume six “Atomic" chicken wings, at the time the strongest wings on Quaker Steak’s menu.[8] Host Adam Richman completed the challenge in the allotted time and was awarded a commemorative bumper sticker and a place on the restaurant’s “Atomic Wall of Flame".