Purchase of Quaker Steak & Lube by TravelCenters of America has been completed. THE TOWN OF WESTLAKE, Ohio — An anonymous bidder purchased Quaker Steak & Lube, a 42-unit stand-alone restaurant business owned by TravelCenters of America (TA). The purchase price was $5 million, according to the company.
Who owns the Quaker Steak and Lube Now?
In early 2021, JDK Management acquired Quaker Steak & Lube from TravelCenters for a total transaction price of $5 million.
Did Quaker Steak and Lube get sold?
Quaker Steak & Lube, a casual-dining franchise owned by Travel Centers of America (TCA), has agreed to be sold to an undisclosed bidder for around $5 million, the company announced. For the year 2020, the truck stop operator claimed that the chain and its other full-service eateries had driven down income from sources other than its gasoline pumps.
How many Quaker Steak & Lube locations are there?
Muscle cars, vintage automobiles, trucks, and a large assortment of custom and antique motorbikes are still being rescued by ″The Lube®″ and given new lives as wall and ceiling hangings in their more than 50 locations across the United States.
Is there a Quaker Steak and Lube in Texas?
The restaurant, which will be the second Quaker Steak & Lube® facility in Texas, will generate about 200 employment in the surrounding region. 2805 West Loop 340, Waco, TX 76712 will be the location of the new Lube & Oil.
How hot are Quaker Steak atomic wings?
What is the heat level of the Triple Atomic sauce? On the Scoville Scale, this is a 500,000. Atomic power is 150,000 watts!
Where is Quaker State and Lube?
Quaker Steak and Lube is a restaurant in Quakertown, Pennsylvania (10400 49th Street N., Clearwater, FL) Today’s race pits corvettes against Mustangs.
Why is it called Quaker Steak and Lube?
Originally known for its ‘cook-your-own-steak’ concept, Quaker Steak’s main dish is now its chicken wings, which are served with a choice of sauces to complement their flavor. A parody of the name Quaker State, which refers to the motor oil product of the same name.