A popular breakfast chain is closing a prime location after suddenly closing, selling the space to Quaker Steak and Lube.
Formerly bankrupt chain Quaker Steak and Lube has decided to make a comeback in Pennsylvania at a former IHOP location.
The IHOP was reportedly purchased by Scott Enterprises in 2021 in hopes of developing a new Quaker Steak and Lube concept.
“The COVID-19 pandemic has changed trends in the restaurant industry,” Nick Scott Jr., vice president of Scott Enterprises, said in a statement to CBS affiliate WBTW-TV.
“Over the last few years, more and more brands have entered the breakfast category, and the pandemic collapsed demand as more people worked from home.
“We believe this restaurant location will be ideal for a family-oriented restaurant that can offer better options with indoor dining and an outdoor patio, as well as takeout and delivery.”
Nick Scott Sr. was very excited about introducing the brand to the new location, especially given the new changes that were to be made at the restaurant.
“We’re doing it on steroids, so to speak, meaning it will be a deluxe model with different menu options,” the brand president told Earie Times.
The Pennsylvania location was given a unique opportunity to upgrade the menu by adding new burgers and wings.
This luxury has not always been afforded to the owners of individual chain restaurants.
“We have permission to make changes,” Scott said. “We can benefit a little from our hospitality to, in our opinion, bring about improvements
In March 2022, Scott Enterprises received approval to add a 700-square-foot addition to the building as well as a 300-square-foot patio for outdoor dining.
Quaker Steak and Lube have come a long way since filing for Chapter 11 bankruptcy in 2016.
Although it seemed like the franchise was over, TA Restaurant Group invested about $5 million in the business to make needed improvements, according to FSR Magazine.
“There were a lot of structural requirements that had to be met to give the brand the image we wanted to operate. But we’re not done with this piece yet,” says Ponczoch.