Steak Escape

Steak Escape
Company typePrivate
IndustryRestaurants
Founded1982; 42 years ago (1982)
FounderMark Turner
HeadquartersColumbus, Ohio, United States
ProductsCheesesteak[1]
ParentEscape Enterprises, Ltd. (EEL)
WebsiteSteak Escape
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]

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

References

  1. ^ a b "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. ^ a b c d e "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. ^ a b "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.


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