Quaker Steak & Lube Seeks Franchisees at Restaurant Leadership Conference in Phoenix April 9 - 12

Tuesday, April 04, 2017

The award-winning family casual-dining franchise Quaker Steak & Lube, known for its award winning food, including Best Wings USA and more than 20 sauces, announced today that it is seeking franchisees at the annual Restaurant Leadership Conference this month. The conference will be held at the JW Marriott Phoenix Desert Ridge Resort & Spa located in Phoenix from April 9 - 12, 2017.

The brand has supercharged its franchise development efforts and is seeking entrepreneurs interested in opening multiple restaurants across the country. Plans for the popular restaurant chain include aggressive growth nationwide.

"I am extremely thrilled to have the opportunity to meet with prospective franchisees at the Restaurant Leadership Conference and showcase the new Quaker Steak & Lube," said Zeb Hastings, Vice President of Franchise Development at Quaker Steak & Lube. "With our newly expanded operations and infrastructure, Quaker Steak & Lube offers an invaluable support system which enables new and existing franchisees to thrive within their own business. The conference will allow us to further explore our future growth plans for the brand and share all that Quaker Steak & Lube has to offer."

In 2016, TA Restaurant Group, a division of Fortune 500 company TravelCenters of America (NASDAQ: TA), acquired Quaker Steak & Lube and has begun to reinvigorate the 43-year-old brand, propelled by the addition of a new executive chef, Lance Matthews, and a new beverage program manager, Shannon Salupo. Later this month, Quaker Steak & Lube will introduce a new menu in all locations nationwide. TA Restaurant Group is also evolving Quaker Steak & Lube's restaurant design, while keeping the signature ambiance of suspended racecars from the ceilings and gas station memorabilia lining the walls. The brand will put a renewed focus on providing more flexible, non-traditional buildouts for franchisees to allow more aggressive growth in stadiums, colleges, kiosks, and airports.

During the Restaurant Leadership Conference, an executive from Quaker Steak & Lube will be available to discuss franchise opportunities with interested prospective franchise owners. 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), as well as conversions and non-
traditional buildouts in stadiums, colleges, kiosks, and airports. Quaker Steak & Lube has an AUV that's higher than most casual restaurants.

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 decor, 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.

About TA Restaurant Group:
Since opening its first restaurant in 1967, the TA Restaurant Group includes more than 850 quick service and full service restaurants and other food outlets, including ten proprietary restaurant brands.

*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.

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Quaker Steak & Lube Franchising Corporation
24601 Center Ridge Rd
Westlake, OH

Phone: (724) 981-3123
Toll Free: 1-877-695-8231
Fax: (724) 981-5946

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