Travel Centers selling Quaker Steak & Lube
An iconic restaurant chain with its roots in Sharon is being sold to an as-yet-undisclosed buyer.
Travel Centers of America announced that it has entered an agreement to sell its Quaker Steak & Lube, or QSL, business, which includes 41 of its standalone restaurants, for approximately $5 million.
The sale, expected to close this month, is subject to certain conditions.
Started in 1974 with a single restaurant in Sharon, Quaker Steak & Lube serves more than 30 million wings each year at more than 50 locations in Ohio, Pennsylvania, and nine other states.
Locally, QS&L operates restaurants in Cortland, Boardman, Austintown, and Salem, as well as the original location in Sharon.