Quaker Steak eatery files for bankruptcy

Quaker Steak eatery files for bankruptcy

There are 2 comments on the Centre Daily Times story from Mar 26, 2008, titled Quaker Steak eatery files for bankruptcy. In it, Centre Daily Times reports that:

PATTON TOWNSHIP -- Bono Holdings Inc., doing business as Quaker Steak & Lube in State College, has filed for Chapter 11 bankruptcy.

Quaker Steak owner Larry Salone said in an e-mail that the filing will not affect the State College location, which opened at 2200 N. Atherton St., in January 2006.

He said that Chapter 11 filings are meant to correct 'larger' problems and allow businesses to reorganize and eventually emerge from bankruptcy.

'It will not affect the food, quality, service, etc. of the SC QSL in any way, sales are actually increasing over last couple weeks, and things look good,' he wrote in an e-mail. Read more

Join the discussion below, or Read more at Centre Daily Times.

Sue Breon

Frenchville, PA

#1 Mar 30, 2008
I really hope it is true that our State College Quaker Steak and Lube will not be affected at all by the bankruptcy filing. I really love the food and my servers (who all know me) at our local "Lube". I just earned my $75.00 gift card and have been eating at this restaurant ever since it opened. Their salads helped me to lose 80 lbs.!!!!! Thanks Quaker Steak and Lube, and a really big THANKS TO YOUR COOKS, SERVERS, AND HOSTS/HOSTESSES!!! I am a frequent diner and all the servers, hostesses, and most managers know me.
Stick around - we love you!!!

QSL Customer

University Park, PA

#2 Sep 19, 2008
My experience has been the total opposite. QSL in State College has extremely poor service. The staff is polite, but unfortunately, the owner has run his location into the ground and treats his staff so poorly, that the time between ordering and getting your food often takes an hour or more. This place likely won't get any better until it is sold to someone who knows how to run a restaurant.

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