QUAKER STEAK & LUBE(R) SIGNS FOUR RESTAURANT FRANCHISE AGREEMENT IN ORLANDO, FLORIDA WITH WINGNUTZ, LLC

SHARON, Pa., July 9, 2014 (GLOBE NEWSWIRE) -- The Award-Winning casual-dining franchise Quaker Steak & Lube®, known for its Best Wings USA and more than 25 sauces, announced today it signed an area development agreement with Wingnutz, LLC to develop four restaurants throughout Central Florida. Based in Altamonte Springs, Wingnutz, LLC group plans to open Quaker Steak & Lube® locations in Orlando, Daytona Beach, Ocala and Kissimmee, Fla. over the next several years.

"Lube Nation is ready to take over Central Florida, and we're excited to become a popular destination for residents and visitors alike as we expand our presence throughout the Sunshine State," said Greg Lippert, president and chief executive officer, Quaker Steak & Lube®. "Our growth during our 40th anniversary this year is a true testament to our area developers, like Wingnutz, LLC, and we look forward to continued success with them on board."

The first restaurant is projected to open in Summer 2015 with the remainder opening through 2018. Wingnutz, LLC was formed by long-time Florida residents, Joe Carroll and Bob Picerne, who bring more than 25 years combined expertise in the hotel and restaurant industries.

"We are excited to be joining Quaker Steak & Lube® as its newest franchise group to help them develop in Central Florida," said Joe Carroll, Wingnutz, LLC's vice president. "We look forward to leveraging our experience in the restaurant industry to supply Lube-a-licious favorites including Award-Winning wings to families visiting and living in the area looking for a fun, automotive-theme environment to enjoy with their children."

There is currently one Quaker Steak & Lube® Restaurant in Clearwater, Fla. Throughout the first half of the year, Quaker Steak & Lube® opened six new restaurants in Louisiana, Texas, Virginia, Pennsylvania, Ohio and New Jersey. The compelling décor, including race cars suspended from the ceilings, motorcycles, Corvettes and motor-themed memorabilia, combined with its craveable food and SuperCharged events, has created a cult-like following for The Lube® for 40 years. The company has more than 60 locations across 20 states and Canada.

For more information, visit www.QuakerSteakAndLube.com. Follow The Lube® on Twitter at @QuakerSteak and on Facebook at The Official Quaker Steak & Lube. Join Lube Nation today by signing up for our E-mail club at http://thelube.com/qsl/email_club.html.

For more information about franchise opportunities, 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., Quaker Steak & Lube® has expanded to more than 60 locations throughout the United States and Canada. The unique décor, including gas station memorabilia, classic cars, motorcycles, race cars and corvettes suspended from the ceilings combined with the crave-able food and high-octane events has afforded The Lube® a cult-like fan following. Today, Quaker Steak & Lube® has become one of the fastest-growing restaurant chains in the country, and has won hundreds of national and international awards for its wings and more than 25 different wing sauces.