Quaker Steak & Lube

Franchise Information

Analyzed filing: CA · File #15182

Filed: May 3, 2019

FDD Issued: Apr 1, 2019

Extracted: May 1, 2026

Analyzed

Franchisor Details

Name: QSL Franchise Systems LLC

Parent: TravelCenters of America Holding Company LLC

Address: 24601 Center Ridge Road, Westlake, Ohio 44145-5634

Phone: (440) 808-9100

Website: www.quakersteakandlube.com

Franchising Since: 1996

Industry & Qualifications

Industry

Food & Beverage

Training

8 weeks

Franchise Fee

$40,000

Royalty

5.0%

Ad Fund: 0.8%

Total Investment

$1.35M - $3.57M

Outlet Information

Total Outlets

Franchised

Company-Owned

Opened (Last Year)

Closed (Last Year)

-6

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Exclusive Territory

Yes

Protected Area described in Exhibit C of Franchise Agreement; Development Area u...

Item 19 (Financial Performance)

Disclosed

Table A: Company-owned restaurants only. AUV is average net revenue for 13 compa...

Financial Performance (Item 19)

Avg Unit Volume

$2,254,585

Median

$1,478,660

Highest

$3,858,778

Lowest

$1,169,115

% Achieving Avg

46.2%

Sample Size

13 units

Unit Economics

Labor Cost

37.0%

COGS

29.3%

Legal History

Litigation: Yes

QSL Portage, LLC v. QSL Franchise Systems LLC, Adv. No. 17-02062-jra (Bankr. N.D. Ind.). Settled May...

Bankruptcy: Yes

Predecessor Quaker Steak and Lube Franchising Corp. and affiliates filed Chapter 11 on November 16,...

Number	File name	Source State	Filing Date	Actions
15182	CA_15182.pdf Canonical 2019 analysis · newest filing	CA	May 3, 2019	Restricted
14312	CA_14312.pdf Alternate source copy	CA	Apr 5, 2019	Restricted
11260	CA_11260.pdf Canonical 2018 analysis	CA	Apr 11, 2018	Restricted
8347	CA_8347.pdf Canonical 2017 analysis	CA	Apr 24, 2017	Restricted
7096	CA_7096.pdf Canonical 2016 analysis	CA	Oct 10, 2016	Restricted

Showing 1–5 of 5 files.