Steak Escape

Steak Escape
Private
Industry Restaurants
Founded 1982
Founder Ken Smith and Mark Turner
Headquarters Columbus, Ohio, United States
Products Cheesesteak[1]
Parent Escape Enterprises, Ltd. (EEL)
Website Steak Escape

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]

History

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

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

In September 1998, the chain secured USD$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, Singapore, Dubai and Russia.[3][8][9][10]

See also

References

  1. 1 2 "Steak Escape America's Favorite Cheesesteak". Steak Escape. Retrieved 2011-04-11.
  2. ↑ "Find a Steak Escape location near you". Steak Escape. 2010. Retrieved 2011-04-11.
  3. 1 2 3 4 5 "Steak Escape Debuts New Prototype Fast Casual". qsrmagazine.com. 2015-05-08. Retrieved 2017-11-22.
  4. ↑ "Steak Escape Sandwich Grill". entrepreneur.com. Retrieved 2017-11-22.
  5. 1 2 "Escape Enterprises Inc". sbnonline.com. 2002-07-22. Retrieved 2017-11-22.
  6. ↑ "Taco John's Launches First Co-Branded Store". Entrepreneur. 21 May 2004. Retrieved 2011-04-11.
  7. ↑ Afzal, Kiran (November 18, 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. 2000-11-27. Retrieved 2017-11-22.
  9. ↑ "Steak Escape expands international push with deal in Russia". bizjournals.com. 2015-05-06. Retrieved 2017-11-22.
  10. ↑ "Steak Escape Spreads its Influence to Middle East, Asia". qsrmagazine.com. 2012-10-18. Retrieved 2017-11-22.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.