Quaker Steak & Lube®

The Lube® News

Quaker Steak & Lube® Announces Winner In Mayor Of Lube Nation Campaign

SHARON, PA – Quaker Steak & Lube® known for their Best Wings USA and over 20 Award-Winning sauce varieties recently concluded a nationwide search for the Mayor of Lube Nation. Gatesman+Dave of Pittsburgh created the application that housed the contest on the restaurant chain’s Official Facebook page. Lube Nation was given the chance to choose a Mayor that would represent them across the country. Fans could vote for their favorite candidates daily, as well as post questions to the candidates on Facebook and during a live twitter debate hosted by Quaker Steak & Lube® CEO, John Longstreet.

The Lube® used a variety of methods to promote the event, such as email blasts, four-walls marketing, Twitter hash tags, YouTube videos and the Facebook wall and cover photo. Over the course of the promotion, Quaker Steak & Lube® saw over 1,700 fans ‘like’ their Official Facebook page, collected 252 total candidate entries, over 5,000 votes and over 1,000 YouTube views.

Following the 15-week-long social media campaign in which Quaker Steak & Lube® searched for its biggest brand advocates, The Lube® inaugurated the first-ever "Mayor of Lube Nation", Kenneth Rumbaugh of Austintown, OH. Ken was sworn in as Mayor by CEO John Longstreet on Thursday November 8th, 2012. During the inauguration, Ken was joined by Quaker Steak & Lube® co-founder Gary Meszaros, and various members of The Lube® ‘s operations and marketing teams. Throughout his reign as Mayor, Ken will play an active role in The Lube® ‘s social media strategy, and will be a strong advocate for the brand. Along with the title of "Mayor of Lube Nation", Ken received over $500 in Lube sauces, gear and official memorabilia. Ken was also flown to Plano, TX to eat Quaker Steak & Lube® ’s Billionth Wing as part of a ground breaking ceremony at the future Plano location.

Following the success of the Mayor promotion, The Lube® is busy working on their next social media event. "Due to launch in February, our next promotion is for those loyal Lubies out there who don’t have a Quaker Steak & Lube® to call home," explains Marla Pieton, Vice President of Marketing for The Lube®.

"By using Facebook, Twitter, YouTube and TheLube.com we are going to listen to the resounding cry from Lube Nation saying: I want my Quaker Steak & Lube®!"

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to nearly 60 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2012 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.



QUAKER STEAK & LUBE® AWARDS PARAGON RESTAURANT GROUP, LLC AS 2012 FRANCHISEE OF THE YEAR

15 Additional Awards Given at Annual Quaker Steak & Lube® Franchise Conference in Clearwater Beach, FL,

SHARON, PA – The Award-Winning casual-dining franchise Quaker Steak & Lube®, known for its Best Wings USA and more than 20 sauces, awarded Paragon Restaurant Group, LLC with the coveted 2012 Franchisee of the Year Award at their annual franchise conference in Clearwater Beach, Fla. earlier this month. Led by Jim Combs, Paragon Restaurant Group owns and operates three Quaker Steak & Lube® restaurants. Two are located in Cincinnati, Ohio and their newest location opened in Florence, KY. this past October. The Franchisee of the Year award recognizes a person or company for their continued efforts inspiring other franchisees, being a leader in the Quaker Steak & Lube® system, practicing advanced business ethics, and their loyal commitment to the Quaker Steak & Lube® brand.

"Paragon Restaurant Group, LLC continues to live out our promise and mission statement," said John Longstreet, president and chief executive officer, Quaker Steak & Lube®. "Their operations are impeccable with an immaculately clean front and back of the house, and they continue to run at a consistent high level for food, quality and service. We couldn’t be happier to award this fantastic group with the Franchisee of the Year award!"

15 other awards given to vendors, outstanding restaurants and franchise groups at the Annual Quaker Steak & Lube® Franchise Conference included:

  • Lube "Bar" Cation Award: Fredericksburg, Va.
  • Ray Travaglini Award for Community Service: Scott Enterprises.
  • Impact Manager of the Year Award: Rocky Bauer, Mentor, Ohio
  • Food Vendor of the Year Award: Ken’s Food.
  • Non-Food Vendor of the Year Award: Trimark SS Kemp and Wasserstrom.
  • Best Creative Marketing Event Award: Middleton, Wis. for the Bud Light Extreme Summer Giveaway.
  • Brand Excellence Award for Highest Operational Standards:
    • Canton, OH
    • Greenville, SC
    • Harrisonburg, VA
    • Mentor, OH
  • Franchisee Developer of the Year Award: Nash Real Estate Group – Jack and Nancy Harvard.
  • Beverage Vendor of the Year Award: MillerCoors.
  • Most Improved LSM Program of the Year Award: Knoxville, TN
  • Most Improved Restaurant of the Year Award: Columbus, Ohio• New Restaurant of the Year Award: Brick, NJ
  • Cleanliness Award: Paragon Restaurant Group, LLC for Milford, Colerain & Florence.
  • Special Recognition Award: Scott Enterprises for the National Buffalo Wing Festival.
  • Unique Marketing Events Restaurant of the Year Award: Sharon, PA
  • Local Store Marketing Program of the Year Award: Valley View, OH

The awards ceremony was attended by over 300 including 27 franchise owners, 39 general managers from corporate and franchise locations, 13 franchise representatives and 130 additional representatives from 97 different companies.

Quaker Steak & Lube® has quickly become one of the fastest-growing restaurant chains in the country. The company is on track to open 12 restaurants this year and another 12 in 2013. The brand has signed development agreements in six new markets with five new franchise groups. Quaker Steak & Lube® currently has close to 60 locations open across 18 states and Canada.

The compelling décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with its craveable food and supercharged events, has created a cult-like following for The Lube®, as fans call it, for more than 38 years.

Collectively, the company serves more than 80 million wings annually along with burgers, ribs, steaks, salads, sandwiches, kid’s meals, signature beverages and many more flavorful menu items. The Lube® is also known for creative food promotions and recently won the coveted MenuMasters award for their limited time offer, Shake, Wrap & Roll. Hand-crafted and hand-shaken beverages are also featured on the Blowout Beverages menu including the industry 2012 Cheers Beverage Award-Winning Bar Jars.

“Haute” franchise opportunities in many territories are still available with the company.

For more information about franchise opportunities, please contact Zeb Hastings at 1-877-MYLUBE1 (1-877-695-8231) or by email at zhastings@thelube.com, or visit www.lubefranchising.com.

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to nearly 60 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2012 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.



QUAKER STEAK & LUBE® FINISHES 2012 WITH NEW RESTAURANT OPENING

Quaker Steak & Lube® continues its national expansion with first North Dakota location.

SHARON, PA – The Award-Winning casual-dining concept Quaker Steak & Lube® known for its Best Wings USA and over 20 sauce varieties will bring a new restaurant to Fargo, ND. The Lube® will open to the public Wednesday, December 12th at 3 pm. The restaurant will create close to 150 jobs for the area and will be the first Quaker Steak & Lube® location in North Dakota. The new Lube will be located at 1776 45th Street in South Fargo.

The new Lube will encompass a 9,930 square-foot design while accommodating seating for 370 people including a brickyard patio and two bars.

"We are very excited to open the first Quaker Steak & Lube® in North Dakota," said Jacob Wright, of High Peaks Hospitality. "Everyone in Fargo will now have the chance to enjoy The Lube® ’s fun atmosphere and award-winning food and service."

Highlights of the Fargo Lube restaurant include a 1934 Ford Custom Street Rod, 1974 Black on Black Corvette Stingray hanging from the ceiling in the Vette Room, Tony Stewart’s Home Depot #20 Race Shell and a 1986 Honda CR 250 Dirt Bike.

The Fargo Lube will feature appetizing menu selections and will hold supercharged events all week including, NFL Sunday Ticket, Kid’s Night, All You Can Eat Wings, Bingo, Gear Up Ticket Giveaways, Trivia Night, Karaoke, UFC Night and much more!

For convenient to-go food, the Fargo Lube will also be launching online ordering at www.lubewingstofly.com.

For more information about Quaker Steak & Lube®, please visit www.thelube.com.

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to nearly 60 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2012 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.



QUAKER STEAK & LUBE®’S GIFTS KEEP ON GIVING

The Perfect Gift for Everyone on Your List, Give `Em Lube Loot This Season!

SHARON, PA – The Award-Winning casual-dining concept Quaker Steak & Lube® brings back a Lubie holiday season favorite. From November 5th thru December 25th at any Quaker Steak & Lube® location a guest can purchase a $25 gift card and take home a FREE $5 Bonus Gift Card.

"Your Family, Friends and Co-workers will love getting Quaker Steak & Lube® gift cards! The Bonus gift card is great to give as a stocking stuffer paired with Lube sauce or to keep for yourself!" said Senior Director of Marketing, Marla Pieton.

Warning: Giving Quaker Steak & Lube® Loot will bring ridiculous amounts of joy to all those who receive. Symptoms include large smiles, bear hugs, use of repetitive phrases such as ‘thank you’ and ‘I love it’, immediate hunger and in extreme cases Gangnam Style dancing.

While Quaker Steak & Lube® is known for its Best Wings USA and over 20 sauce varieties, Lubies love all of the gear we have to offer. For other great gift ideas for everyone on your list, including the new 2012 Quaker Steak & Lube® Holiday ornament please visit www.lubegifts.com.

For more information about Quaker Steak & Lube®, please visit www.thelube.com.

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to nearly 60 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2012 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.



QUAKER STEAK & LUBE® GEARS UP FOR NEW JERSEY LOCATION TO OPEN OCTOBER 10

Quaker Steak & Lube® continues its national expansion with first New Jersey location.

SHARON, PA – The Award-Winning casual-dining concept Quaker Steak & Lube® known for its Best Wings USA and over 20 sauce varieties will bring a new restaurant to Brick, NJ. The Lube® will open to the public Wednesday, October 10th at 3 pm. The restaurant will create close to 200 jobs for the area and will be the first Quaker Steak & Lube® location in New Jersey. The new Lube will be located at 1036 Cedar Bridge Avenue Brick, NJ 08723.

The new Lube will encompass A 6,880 square-foot design while accommodating seating for over 290 people including the brickyard patio and two bars.

"We are very excited to open the first Lube in New Jersey." said Ed Choe, President of the New Jersey based franchise group, Lube-It-Up! "We are sure that The Lube® will awe the local Brick community from the fun atmosphere, to the award-winning food and service."

Highlights of the Brick Lube restaurant are a 305 Sprint Car donated by Jeff Taylor, a hanging 72 Sportster Harley Davidson, license plate collage including all 50 states and a Red Corvette for the Vette Room.

The Brick Lube will feature appetizing menu selections and will hold supercharged events all week including, Happy Hour, NFL Game Day Specials, Monday Night 50¢ Wings during Football, All You Can Eat Wings on Tuesday, Breaded Boneless Thursdays, Live Entertainment, Bike Nite starting in the spring and much more!

For convenient to-go food the Brick Lube will also be launching online ordering at www.lubewingstofly.com.

For more information about Quaker Steak & Lube®, please visit www.thelube.com.

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to over 50 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2012 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.



QUAKER STEAK & LUBE® ROLLS INTO THE BLUE GRASS STATE WITH NEW LOCATION OPENING OCTOBER 3

Quaker Steak & Lube® continues its national expansion with first Kentucky location.

SHARON, PA – The Award-Winning casual-dining concept Quaker Steak & Lube® known for its Best Wings USA and over 20 sauce varieties will bring a new restaurant to Florence, KY. The Lube® will open to the public Wednesday, October 3rd at 3 pm.

The restaurant will create close to 200 jobs for the area and will be the first Quaker Steak & Lube® location in Kentucky. The new Lube will be located at 8025 Action Blvd. Florence, KY 41042.

Built in the Lube Classic design, it will encompass an 11,000 square-foot area while accommodating seating for over 400 people including a heated brickyard patio and three bars. "We are very excited to open the first Quaker Steak & Lube® in the state of Kentucky, right here in Florence Y’All. Everyone will have the chance to enjoy live music every Friday night on our outdoor heated patio, amongst a large list of other events and promotions we will be hosting." said Jim Mills of Paragon Restaurant Group.

Highlights of the Florence Lube, hung from the ceilings and the walls of the restaurant, are a Rolling Corvette Chassis, Dan Weldon’s Indy Car, a Sprint Car, Rusty Wallace’s H-D 2000 NASCAR and more!

The Florence Lube will feature appetizing menu selections and will hold supercharged events all week including, All You Can Eat Wings on Tuesday, Breaded Boneless Wednesdays, ThursdayBike Nites, Live music and Sunday Car Cruisin’. The Lube® will be Northern Kentucky’s hottest spot to catch all sporting events on 48 TV’s-featuring three 80 inch LED High Def. Flat Screens.

For convenient to-go food the Florence Lube will also include a Pickup Wingo Area and the restaurant will be launching online ordering at www.lubewingstofly.com.

For more information about Quaker Steak & Lube®, please visit www.thelube.com.

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to over 50 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2012 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.



QUAKER STEAK & LUBE® WINS NATIONAL BUFFALO WING FESTIVAL FAVORITE

The Lube® is crowned Festival Favorite at the National Buffalo Wing Festival in addition to two other awards.

Sharon, PA. – The Award-Winning motor-sports themed restaurant, Quaker Steak & Lube added another award to its ever growing list of honors when it took home the 2012 Festival Favorite at the National Buffalo Wing Festival. The two-day event took place on September 1st and 2nd at Coca-Cola Field in Buffalo, NY.

"We are thrilled to win this year’s Festival Favorite award, and to have the support of Lube Nation," said John Longstreet, Chief Executive Officer of Quaker Steak & Lube®. "Being named Festival Favorite confirms that we truly are Best Wings USA!"

Every year at the National Buffalo Wing Festival restaurants enter their sauces into 3 of 7 categories. A panel of judges then decides which restaurants have the best sauce based on a blind taste test.

Quaker Steak & Lube® took home 1st place awards in the Best Creative Sweet Category with the new Dusted Mango Habanero and in the Best Traditional X-Hot for the Triple Atomic. This is The Lube®’s second Festival Favorite victory having also won the honor in 2010.

For more information about Quaker Steak & Lube®, please visit www.thelube.com.

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to over 50 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2012 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.



QUAKER STEAK & LUBE® GEARS UP FOR NEW JOHNSTON LOCATION

Quaker Steak & Lube® continues its national expansion with new Johnston, PA location.

SHARON, PA. – The Award-Winning casual-dining concept Quaker Steak & Lube® known for its Best Wings USA and over 20 sauce varieties will bring a new restaurant to Johnstown, PA. The Lube® will open to the public Wednesday, September 19th at 3 pm. The restaurant will create close to 200 jobs for the area and will be the 12th Quaker Steak & Lube® location in Pennsylvania. The new Lube will be located at 1425 Scalp Ave. Johnstown, Pa. 15904.

The new Lube encompasses a 5,500 square-foot design while accommodating seating for over 170 people including the brickyard patio and bar.

"We are very excited to open the Johnstown location so new guests can enjoy our Award-Winning food, real motorcycles, authentic cars and tons of family fun!" said Ray Joll, of Quaker Steak & Lube®.

Highlights of the new Johnstown Lube include a Flamed-up 1976 Corvette Stingray, a spinning Bourgets Pro-street Motorcycle, a 1973 Jaguar XK2 E-type, license plate collection including all 50 states and Jeff Gordon Autographed racing gear.

The Brickyard patio has table and bar seating and guests can watch their favorite teams on the flat screen TVs throughout the restaurant.

The Lube® will feature appetizing menu selections and will hold super-charged events all week including All-You-Can-Eat Wings every Tuesday, Karaoke, Live Entertainment, Breaded Boneless Night, NFL Sunday Ticket and more!

For convenient to-go food the Johnstown Lube will also feature a Pickup area and the restaurant will be launching online ordering at www.lubewingstofly.com.

For more information about Quaker Steak & Lube®, please visit www.thelube.com.

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to over 50 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2012 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.



QUAKER STEAK & LUBE® GEARS UP FOR NEW TEXAS LOCATION

Quaker Steak & Lube® continues its national expansion with new Waco, TX location.

SHARON, PA – The Award-Winning casual-dining concept Quaker Steak & Lube® known for its Best Wings USA and over 20 sauce varieties will bring a new restaurant to Waco, TX. The Lube® will open to the public Wednesday, September 12th at 3 pm. The restaurant will create close to 200 jobs for the area and will be the second Quaker Steak & Lube® location in Texas. The new Lube will be located at 2805 West Loop 340, Waco TX 76712.

The new Lube encompasses a 7,300 square-foot design while accommodating seating for over 342 people including the brickyard patio and two bars.

"By opening two new Texas locations within two weeks we are really stampeding across the state," said John Longstreet, President and Chief Executive Officer of Quaker Steak & Lube®. "We know the Waco community will enjoy our Award-Winning food and beverages, real motorcycles, authentic cars and be a welcome addition to the great state of Texas!"

Highlights of the new Waco Lube include 2 Harley’s hung from the ceiling, a 1972 Corvette StingRay and a Tony Stewart NASCAR. The Back Yard Buddy, an automotive lift that allows for full access to the bottom of a vehicle will be displayed over the Buffet. All vehicles displayed will be filled with Vegetable oil.

The Brickyard patio has seating for 16 at its bar and guests can watch their favorite teams on 34 32" TVs, including 4 70" LEDs, throughout the restaurant.

The Waco Lube will feature appetizing menu selections and will hold supercharged events all week including, All-You-Can-Eat Wings on Tuesday, Wednesday Bike Nites, Breaded Boneless Thursdays, Car Cruise-ins on Sundays and an All you Can Eat lunch buffet Monday thru Friday.

For convenient to-go food the Waco Lube will also feature a Pickup Wingo Window and the restaurant will be launching online ordering at www.lubewingstofly.com.

For more information about Quaker Steak & Lube®, please visit www.thelube.com.

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to over 50 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named the 2012 Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.



FRED DREIBHOLZ TO JOIN QUAKER STEAK & LUBE® AS CHIEF FINANCIAL OFFICER

Award-Winning Franchise Adds Industry Veteran to Management Team

SHARON, PA – The Award-Winning casual-dining franchise Quaker Steak & Lube®, known for its Best Wings USA and more than 20 sauces, announced today it has appointed Fred Dreibholz as Chief Financial Officer effective November 1st. Dreibholz is a 20-year industry veteran, most recently working with Champps Entertainment and FLIK International.

Dreibholz has extensive experience transforming small companies into large enterprises, achieving triple-digit revenue growth and dramatic expansion in the U.S. and global markets while maintaining a strong focus on cost control and profit enhancement. He has focused his expertise in the retail, restaurant and hospitality segments.

"Fred has a wealth of experience with a long, proven track record of success, and we’re excited to have him on board," said John Longstreet, president and chief executive officer, Quaker Steak & Lube®. "Adding a talent like Fred to our team is one more part of our strategic plan and dedication to continue to expand Lube Nation and grow the brand in markets across the country."

Over the past few years, Dreibholz has worked with several of the top private equity firms in the country including Sun Capital, Lincolnshire Management, Castanea Partners and Enhanced Equity Partners. Dreibholz is a Certified Public Accountant and earned an MBA in finance and accounting from Marquette University, and received an undergraduate degree from Cornell University.

"It’s an honor to join Quaker Steak & Lube as their Chief Financial Officer, and I look forward to working with the company leadership and franchisee community to help drive the brands’ growth forward," said Fred Dreibholz.

Quaker Steak & Lube has quickly become one of the fastest-growing restaurant chains in the country. The company is on track to open 13 restaurants this year and has signed development agreements in six new markets with five new franchise groups. Quaker Steak & Lube currently has over 50 locations open across 15 states and Canada.

The compelling décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with its craveable food and SuperCharged events, has created a cult-like following for The Lube, as fans call it, for more than 38 years.

Collectively, the company serves more than 80 million wings annually along with burgers, ribs, steaks, salads, sandwiches, kid’s meals, signature beverages and many more flavorful menu items. The Lube is also known for creative food promotions and recently won the coveted MenuMasters award for their limited time offer, Shake, Wrap & Roll. Hand-crafted and hand-shaken beverages are also featured on the Blowout Beverages menu including the industry 2012 Cheers Beverage Award-Winning Bar Jars.

About Quaker Steak & Lube®:

Founded in 1974 and built in an abandoned gas station in Sharon, PA, the original Steak & Lube® began as a cook-your-own steak restaurant, before expanding to over 50 locations throughout the United States and Canada. The unique décor, including race cars suspended from the ceilings, motorcycles, Corvettes and gas station memorabilia, combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won more than 100 national and international awards for its wings and 20 different wing sauces. Most recently it was named Festival Favorite at the National Buffalo Wing Festival in Buffalo, New York. For more information visit www.thelube.com.





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