Steak Escape

Last updated

Steak Escape
Type Private
Industry Restaurants
Founded1982;41 years ago (1982)
FoundersKen Smith and Mark 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

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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.