Steak Escape

Last updated

Steak Escape
Company type Private
Industry Restaurants
Founded1982;42 years ago (1982)
FounderMark Turner
Headquarters Columbus, Ohio, United States
Products Cheesesteak [1]
Parent Escape Enterprises, Ltd. (EEL)
Website Steak Escape
Previous logo SteakEscape Logo2.png
Previous logo

Steak Escape is a restaurant chain based in Columbus, Ohio, United States. Locations are typically found in food courts in shopping malls as well as airports, [1] [2] all serving a variety of menu items, including cheesesteaks. [3] The company is known as the originator of the mall cheesesteak concept. [3] The chain is owned by Columbus, Ohio-based Escape Enterprises. [3]

Contents

History

The company was founded in Columbus, Ohio in 1982. [3] In 1983, parent company Escape Enterprises Limited was formed, and the company began franchising. [4]

By 1997, the company revenue was US$55.8M. [5]

In September 1998, the chain secured US$35M in franchise funding from financing Franchise Mortgage Acceptance Co. of East Brunswick, N.J. [5]

In 2004, Steak Escape began to open co-locations with Taco John's. [6]

In 2014, a Steak Escape store was opened in Karachi, Pakistan. [7]

Locations

As of 2015, the company operated restaurants in over 100 cities in 23 states and seven countries, including Lebanon, the UAE, and Russia. [3] [8] [9] [10]

See also

Related Research Articles

<span class="mw-page-title-main">Taco Bell</span> American fast-food chain

Taco Bell Corp. is an American multinational chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired foods, including tacos, burritos, quesadillas, nachos, novelty, and speciality items, and a variety of "value menu" items. As of 2023, Taco Bell serves over two billion customers each year, at 8,212 restaurants, more than 94 percent of which are owned and operated by independent franchisees and licensees.

Subway IP LLC, doing business as Subway, is an American multinational fast food restaurant franchise that specializes in submarine sandwiches (subs) and wraps. It was founded by Fred DeLuca and financed by Peter Buck in 1965 as Pete's Super Submarines in Bridgeport, Connecticut. After several name changes, it was renamed Subway in 1972, and a franchise operation began in 1974 with a second restaurant in Wallingford, Connecticut.

Quiz Holdings, LLC, doing business as Quiznos, is an American franchised fast-food restaurant based in Denver that specializes in offering toasted submarine sandwiches. It was founded in 1981 by Jimmy Lambatos and sold to Rick and Richard Schaden ten years later. It then grew to nearly 5,000 restaurants; by 2013, Quiznos was the second-largest submarine sandwich shop chain in North America, behind Subway. It filed for bankruptcy in 2014; by 2016, it had dropped to ninth place, and the number of Quiznos locations in the United States fell from a 2007 high of 4,700 to just 400 a decade later.

<span class="mw-page-title-main">Cheesesteak</span> Steak and cheese sandwich from Philadelphia

A cheesesteak is a sandwich made from thinly sliced pieces of beefsteak and melted cheese in a long hoagie roll. A popular regional fast food, it has its roots in the U.S. city of Philadelphia, Pennsylvania.

<span class="mw-page-title-main">Arby's</span> American sandwich chain based in Sandy Springs, Georgia

Arby's is an American fast food sandwich restaurant chain with more than 3,300 restaurants. The flagship property of Inspire Brands, it ranked third in systemwide sales in the United States in the quick-service and fast-casual restaurant industries in 2012, behind Subway and Panera Bread. In October 2017, Food & Wine called Arby's "America's second largest sandwich chain ".

<span class="mw-page-title-main">York Steak House</span> Former chain of American steakhouses

York Steak House was a national chain of steakhouse restaurants in the United States. It was among several chains owned at the time by cereal manufacturer General Mills. By 1982, there were nearly 200 restaurants in 27 states from Texas to Maine. Though popular in the late 1970s and early 1980s, the majority of its locations shut down in 1989.

<span class="mw-page-title-main">Pat's King of Steaks</span> Restaurant in Philadelphia

Pat's King of Steaks is a Philadelphia restaurant specializing in cheesesteaks, and located at the intersection of South 9th Street, Wharton Street and East Passyunk Avenue in South Philadelphia, directly across the street from rival Geno's Steaks. It was founded in 1930 by brothers Pat and Harry Olivieri, who are credited with the creation of the cheesesteak.

<span class="mw-page-title-main">Bojangles (restaurant)</span> American regional fast food chain

Bojangles OpCo, LLC., doing business as Bojangles, is an American regional chain of fast food restaurants that specializes in Cajun-seasoned fried chicken and buttermilk biscuits and primarily serves the Southeastern United States. The company was founded in Charlotte, North Carolina in 1977 by Jack Fulk and Richard Thomas.

<span class="mw-page-title-main">Blimpie</span> American submarine sandwich chain

Blimpie International, Inc., doing business as Blimpie, is an American submarine sandwich chain based in Scottsdale, Arizona. It was founded in Hoboken, New Jersey, in 1964, by three friends, and has since endured three ownership changes.

<span class="mw-page-title-main">Sbarro</span> American pizzeria chain

Sbarro, LLC is an American fast food restaurant that specializes in New York–style pizza sold by the slice and other Italian-American cuisine. In 2011, the company was ranked 15th in foreign sales among U.S.-based quick-serve and fast-casual companies by QSR Magazine. In 2008, Sbarro was rated the No. 1 Quick Service Restaurant in the Italian segment by Entrepreneur magazine. However, diners and critics have criticized the quality of the food, with some suggesting a link between food quality and the company's two bankruptcies. Sbarro has over 600 locations in 28 countries. Sbarro stores are located in shopping malls, airports, service areas, and college campuses, as well as in The Pentagon, American naval bases, and casinos.

<span class="mw-page-title-main">Taco John's</span> American fast-food chain

Taco John's International, Inc. is an American fast food restaurant. The chain serves Mexican-inspired fast food as well as the company's signature dish, Potato Olés, which are bite-sized deep-fried potato nuggets coated with a proprietary blend of spices and seasonings. Taco John's CEO is Heather Neary, and it is headquartered in Cheyenne, Wyoming. As of 2022, the restaurant chain had 380 restaurants in about 22 states, primarily in the Midwest and Mountain regions.

<span class="mw-page-title-main">Rax Roast Beef</span> American fast food chain, founded 1967

Rax Roast Beef is a regional U.S. fast food restaurant chain specializing in roast beef sandwiches. The company has been through many iterations, declaring bankruptcy more than once, rising to as many as 504 locations in 38 U.S. states in the 1980s and falling to fewer than 20 locations on more than one occasion. As of 2024, Rax is based in Ironton, Ohio, and has only six franchisee-owned restaurants still in operation in three states.

<span class="mw-page-title-main">Texadelphia</span> American restaurant chain

Texadelphia is a cheesesteak sandwich restaurant chain established in Austin, Texas in 1981 by Philadelphia native Joel Stanley. Texadelphia has had locations in and around Austin, San Antonio, Dallas, Houston, the Rio Grande Valley, and Oklahoma City. The name is a portmanteau of "Texas" and "Philadelphia".

<span class="mw-page-title-main">Penn Station (restaurant)</span> American restaurant chain

Penn Station is a chain of restaurants specializing in what it calls "East Coast subs." The first restaurant was opened in 1985 by Jeff Osterfeld in Cincinnati, Ohio. Currently, Penn Station has over 300 locations in 15 states.

<span class="mw-page-title-main">Charleys Philly Steaks</span> American restaurant chain

Charleys Philly Steaks is an American restaurant chain of Philly cheesesteak stores headquartered in Columbus, Ohio. Formerly known as Charley's Steakery and Charley's Grilled Subs, the franchise was established in 1986 on the campus of Ohio State University. By 2017 there were 600 locations in 45 states and in 19 countries. Charleys is believed to have doubled in size in 2021. In addition to traditional Philly cheesesteaks, the chain also has other steak based sandwiches and multiple grilled chicken sandwiches, among other grilled sandwiches.

<span class="mw-page-title-main">Stewart's Restaurants</span> Restaurant in the United States

Stewart's Restaurants are classic 1950s style fast-food restaurants located throughout the United States. Restaurants are branded as Stewart's Root Beer or Stewart's Drive-In or similar variations. Started in 1924 in Mansfield, Ohio by Frank Stewart, the chain became a franchise in 1931.

<span class="mw-page-title-main">Buffalo Wings & Rings</span> American sports restaurant franchise

Wings & Rings is an American sports restaurant franchise based in Cincinnati. It offers a menu of Buffalo wings, burgers, salads, and sandwiches.

Kahala Brands is a wholly owned subsidiary of Canada-based MTY Food Group Inc. of Montreal, Quebec. Based in Scottsdale, Arizona, Kahala is one of North America's largest holding company of franchise fast food restaurant companies. In May 2016, the publicly traded Canadian MTY Food Group announced a friendly takeover deal with the Kahala Brands. MTY agreed to pay about US$300 million to acquire Kahala. The two companies generated nearly $2 billion in revenues in the previous year. Jeff Smit was chosen to lead the US operations of MTY.

Hwy 55 Burgers Shakes & Fries is a fast casual restaurant chain that operates primarily in the state of North Carolina and other neighboring states on the east coast of the United States. Founded by Kenney Moore as Andy's Cheesesteaks and Cheeseburgers, the first location opened in Goldsboro, North Carolina, in 1991. In 2012, seeking to expand beyond North Carolina, the company changed their name to Hwy 55 and opened their first out-of-state restaurant in May of that year. As of February, 2022, the chain has a total of 108 locations in the United States, primarily in North Carolina (81) and South Carolina (12), with 15 other locations in the states of Florida, Georgia, Montana, Ohio, Tennessee, Texas, Virginia, and West Virginia. The restaurant serves hamburgers, cheesesteaks, sandwiches, salads, hand-dipped ice cream and milkshakes.

<span class="mw-page-title-main">Jim's South Street</span> Restaurant in Philadelphia, Pennsylvania, United States

Jim's South St., formerly a part of the Jim's Steaks franchise, is a Philadelphia restaurant located on South Street specializing in cheesesteaks. The original restaurant chain known as Jim's Steaks was founded in West Philadelphia in 1939, however in 2011 ownership of the location on South Street changed and was later renamed to Jim's South St.

References

  1. 1 2 "Steak Escape America's Favorite Cheesesteak". Steak Escape. Archived from the original on 21 May 2011. Retrieved 11 April 2011.
  2. "Find a Steak Escape location near you". Steak Escape. 2010. Archived from the original on 21 May 2011. Retrieved 11 April 2011.
  3. 1 2 3 4 5 "Steak Escape Debuts New Prototype Fast Casual". qsrmagazine.com. 8 May 2015. Retrieved 22 November 2017.
  4. "Steak Escape Sandwich Grill". entrepreneur.com. Retrieved 22 November 2017.
  5. 1 2 "Escape Enterprises Inc". sbnonline.com. 22 July 2002. Retrieved 22 November 2017.
  6. "Taco John's Launches First Co-Branded Store". Entrepreneur. 21 May 2004. Retrieved 11 April 2011.
  7. Afzal, Kiran (18 November 2014). "Steak Escape: Ohio's famous steak burgers make their way to Karachi". Dawn . Retrieved 14 November 2017.
  8. "Steak Escape passes true test of fast food". dailynebraskan.com. 27 November 2000. Retrieved 22 November 2017.
  9. "Steak Escape expands international push with deal in Russia". bizjournals.com. 6 May 2015. Retrieved 22 November 2017.
  10. "Steak Escape Spreads its Influence to Middle East, Asia". qsrmagazine.com. 18 October 2012. Retrieved 22 November 2017.