Developer docs
API playgroundTry for free, no card

Search company profiles

TEAM Schostak Family Restaurants

Full company profile

uuid000gfzt

Namestring
TEAM Schostak Family Restaurants
Legal namestring
TEAM Schostak Family Restaurants
Company typeenum
Private
Founded yearint
1985
Descriptiontext

TEAM Schostak Family Restaurants is a fourth-generation, family-owned restaurant holding company headquartered in Livonia, Michigan. Founded in 1985 as a Burger King franchisee in small Michigan towns, the company has evolved into a multi-brand restaurant operator running 60 Applebee's casual dining locations (including IHOP/Applebee's dual-brand sites), 23 Olga's Kitchen and Olga's Fresh Grille family dining and fast-casual locations, and a MOD Pizza fast-casual pizza portfolio, all concentrated within Michigan. The Applebee's franchise rights were acquired in 2012, marking the company's transition into casual dining under a scaled franchised brand.

The company generates revenue through direct-to-consumer restaurant operations — dine-in, takeout, and catering — across its four brand concepts, with pricing set at the brand level rather than negotiated at the franchise level. Revenue mechanics are transaction-fee based across the portfolio. Underlying operations are supported by a centralized Support Center in Livonia, which provides shared services across the four brands, and the company holds proprietary brand assets including the registered Olgasauce® trademark and the secret Olga bread recipe that anchors the Olga's Kitchen menu. The company does not operate an app, does not offer a delivery-only or e-commerce channel, and distributes exclusively through physical restaurant locations.

TEAM Schostak serves casual dining, family dining, and fast-casual consumer segments across Michigan. Its go-to-market combines multi-brand franchise operation with community-driven marketing including dine-in restaurant fundraising (e.g., Dine to Donate via GroupRaise), charity partnerships (Alex's Lemonade Stand, Make-A-Wish Michigan, MDA, Breakthrough T1D), and organic social media presence. The company emphasizes workplace culture, internal promotion, and community engagement as primary competitive differentiators, having been recognized as a Top Workplace USA employer for four consecutive years and Top Workplace employer for seven consecutive years.

Short descriptiontext

TEAM Schostak Family Restaurants is a fourth-generation, family-owned multi-brand restaurant operator headquartered in Livonia, Michigan, running 60 Applebee's, 23 Olga's Kitchen/Olga's Fresh Grille, and MOD Pizza locations serving Michigan consumers through dine-in, takeout, and catering.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersLivonia, United States
HQ citystring
Livonia
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
casual dining restaurants, restaurant franchise operations, fast casual pizza, family dining concepts, multi-brand restaurant portfolio
Industry1 code
1Family-Style Restaurants
CodeTHAFACACPrimaryYes
NAICS code2 codes
  • Full-Service Restaurants722511
  • Limited-Service Restaurants722513
SIC code2 codes
  • Retail-Eating & Drinking Places5810
  • Retail-Eating Places5812
Product category
Multi-Brand Casual and Fast Casual Restaurant Operations
Social media profiles3 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Applebee's Restaurant Operations
TypeTransaction Fee
Description

Casual dining restaurant operations through 60 Applebee's franchise locations including IHOP/Applebee's brand combination locations in Michigan.

teamschostak.com
2Olga's Kitchen Restaurant Operations
TypeTransaction Fee
Description

Family dining operations through 23 Olga's Kitchen and Olga's Fresh Grille locations featuring their signature Olga bread and Original Olga item.

teamschostak.com
3MOD Pizza Restaurant Operations
TypeTransaction Fee
Description

Fast casual pizza operations featuring individual artisan-style pizzas made on demand with fresh-pressed dough and over 30 toppings, cooked in 800-degree ovens.

teamschostak.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure, Technology or R&D
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 4 records shown
1Applebee's
Description

Casual dining restaurant chain with 60 locations in Michigan, including IHOP/Applebee's brand combinations.

teamschostak.com
+3 more records
Core offering1 text field

TEAM Schostak Family Restaurants operates a multi-brand portfolio of restaurant franchises in Michigan, including 60 Applebee's casual dining locations, 23 Olga's Kitchen and Olga's Fresh Grille family dining locations, and MOD Pizza fast casual locations. The company runs dine-in, takeout, and catering operations across these brands through company-operated storefronts, supported by a centralized Support Center in Livonia, Michigan.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

TEAM Schostak Family Restaurants is a fourth-generation family-owned restaurant holding company operating a portfolio of casual dining, family dining, fast casual, and quick service restaurants throughout Michigan. The company operates three distinct restaurant brands: Applebee's (casual dining with 60 locations including IHOP/Applebee's dual-brand sites), MOD Pizza (fast casual artisan pizza with hand-cooked individual pizzas), and Olga's Kitchen/Olga's Fresh Grille (23 locations featuring signature Olga bread-based entrees). The company also operates a Support Center providing centralized support for all brands.

Product and service4 records
1Applebee's Restaurants
CategoryCasual dining restaurants
Description

Casual dining restaurant franchise offering American food in a neighborhood setting with attentive service at accessible value; TSFR operates 60 Applebee's locations in Michigan, including IHOP/Applebee's brand combination sites.

2MOD Pizza Restaurants
CategoryFast casual pizza restaurants
Description

Fast casual pizza restaurant chain featuring individual artisan-style pizzas made on demand with fresh-pressed dough, signature sauces, and over 30 toppings, hand-cooked in an 800-degree oven in under three minutes.

3Olga's Kitchen Restaurants
CategoryFamily dining restaurants
Description

Family dining restaurant chain featuring the signature Original Olga sandwich made with secret Olga bread, seasoned beef and lamb, vine-ripened tomato, sweet onion, and homemade Olgasauce; TSFR operates 23 Olga's Kitchen locations with an expanded menu of bold-flavored entrees.

4Olga's Fresh Grille Restaurants
CategoryFast casual restaurants
Description

Fresh grill concept operated under the Olga's brand serving fresh, bold-flavored entrees made daily on Olga's famous bread.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership honoring Alexandra Scott who started lemonade stands at age 4 while battling neuroblastoma. TSFR participates in supporting childhood cancer research through this initiative.

2Olga Loizon Memorial Foundation
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Foundation founded in honor of Olga Loizon who created the Olga's Kitchen concept. Focuses on assisting entrepreneurial women, continuing her legacy of perseverance and business achievement.

teamschostak.com
Strategic tierMinorTypeStrategic or Co-development Partner
Description

TSFR supports Make-A-Wish Michigan through guest donations to help grant wishes to children on the medical eligibility waiting list.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

TSFR participates in MDA's annual Shamrock Program, collecting donations to aid Michigan residents with muscular dystrophy and related illnesses.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

TSFR supports Breakthrough T1D through paper sneaker sales and guest donations to fight Type 1 Diabetes and its complications.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Platform partner enabling Applebee's Dine to Donate fundraising program, connecting local organizations with restaurant fundraising events.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers9 records
TypeDirect peer
Description

Largest Applebee's franchisee in the U.S., also operating Taco Bell, Arby's, Panera, and Wendy's. Closely comparable to TSFR as a multi-brand restaurant franchisee with a mix of proprietary and franchised concepts and large headcount.

TypeDirect peer
Description

Major Applebee's and IHOP franchisee on the East Coast. Directly comparable as a multi-state franchisee of the same brands TSFR operates in Michigan.

TypeDirect peer
Description

One of the largest Burger King franchisees and also operates Popeyes. Directly comparable to TSFR's history as a Burger King franchisee that grew into a multi-brand restaurant operating company.

TypeBroad incumbent
Description

Owner of Outback Steakhouse, Carrabba's, Bonefish Grill, and Fleming's. Broad incumbent in multi-brand casual/family dining with overlapping customer segments to TSFR's Applebee's and Olga's Kitchen concepts.

TypeBroad incumbent
Description

Owner of Chili's Grill & Bar and Maggiano's Little Italy. Broad casual-dining incumbent operating a comparable family/casual dining portfolio targeting similar value-conscious families and individuals.

TypeBroad incumbent
Description

Owner of Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, and Capital Grille. Large-scale multi-brand full-service operator with overlapping dine-in family dining customer segments.

TypeBroad incumbent
Description

Casual-dining chain with a strong family/casual dining value proposition comparable to Applebee's. Operates a national footprint of family-oriented restaurants serving a similar value-driven customer base.

TypeEmerging player
Description

Parent brand of one of TSFR's three core concepts. Comparable as the franchisor of the fast-casual artisan pizza concept that TSFR operates in Michigan, and relevant for understanding brand-level economics and growth trajectory.

TypeOthers
Description

Multi-brand restaurant parent (owner of Arby's, Buffalo Wild Wings, Sonic, Jimmy John's, Dunkin', and Applebee's via acquisition). Indirect comparator as the parent organization of the Applebee's brand that TSFR franchises.

Market position
Strengths1 record

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

TEAM Schostak Family Restaurants

Multi-Brand Casual and Fast Casual Restaurant Operationsteamschostak.com

TEAM Schostak Family Restaurants is a fourth-generation, family-owned multi-brand restaurant operator headquartered in Livonia, Michigan, running 60 Applebee's, 23 Olga's Kitchen/Olga's Fresh Grille, and MOD Pizza locations serving Michigan consumers through dine-in, takeout, and catering.

What TEAM Schostak Family Restaurants does

TEAM Schostak Family Restaurants is a fourth-generation, family-owned restaurant holding company headquartered in Livonia, Michigan. Founded in 1985 as a Burger King franchisee in small Michigan towns, the company has evolved into a multi-brand restaurant operator running 60 Applebee's casual dining locations (including IHOP/Applebee's dual-brand sites), 23 Olga's Kitchen and Olga's Fresh Grille family dining and fast-casual locations, and a MOD Pizza fast-casual pizza portfolio, all concentrated within Michigan. The Applebee's franchise rights were acquired in 2012, marking the company's transition into casual dining under a scaled franchised brand.

The company generates revenue through direct-to-consumer restaurant operations — dine-in, takeout, and catering — across its four brand concepts, with pricing set at the brand level rather than negotiated at the franchise level. Revenue mechanics are transaction-fee based across the portfolio. Underlying operations are supported by a centralized Support Center in Livonia, which provides shared services across the four brands, and the company holds proprietary brand assets including the registered Olgasauce® trademark and the secret Olga bread recipe that anchors the Olga's Kitchen menu. The company does not operate an app, does not offer a delivery-only or e-commerce channel, and distributes exclusively through physical restaurant locations.

TEAM Schostak serves casual dining, family dining, and fast-casual consumer segments across Michigan. Its go-to-market combines multi-brand franchise operation with community-driven marketing including dine-in restaurant fundraising (e.g., Dine to Donate via GroupRaise), charity partnerships (Alex's Lemonade Stand, Make-A-Wish Michigan, MDA, Breakthrough T1D), and organic social media presence. The company emphasizes workplace culture, internal promotion, and community engagement as primary competitive differentiators, having been recognized as a Top Workplace USA employer for four consecutive years and Top Workplace employer for seven consecutive years.

TEAM Schostak Family Restaurants firmographics

Firmographics
Name
TEAM Schostak Family Restaurants
Legal name
TEAM Schostak Family Restaurants
Website
https://teamschostak.com
Company type
Private
Founded year
1985
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
TEAM Schostak Family Restaurants is a fourth-generation, family-owned multi-brand restaurant operator headquartered in Livonia, Michigan, running 60 Applebee's, 23 Olga's Kitchen/Olga's Fresh Grille, and MOD Pizza locations serving Michigan consumers through dine-in, takeout, and catering.
Ownership category
akta.pro rank

TEAM Schostak Family Restaurants industry classification

Industry
Product category
Multi-Brand Casual and Fast Casual Restaurant Operations
NAICS
Full-Service Restaurants (722511), Limited-Service Restaurants (722513)
SIC
Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)
akta.pro primary industry
Family-Style Restaurants (THAFACAC)

Keywords

  • Casual dining restaurants
  • Restaurant franchise operations
  • Fast casual pizza
  • Family dining concepts
  • Multi-brand restaurant portfolio

Where TEAM Schostak Family Restaurants is headquartered

Location

Headquarters

HQ city
Livonia
HQ country
United States
HQ region
North America

Offices1 record

Markets served

TEAM Schostak Family Restaurants business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

  1. Applebee's Restaurant Operations: Casual dining restaurant operations through 60 Applebee's franchise locations including IHOP/Applebee's brand combination locations in Michigan.
  2. Olga's Kitchen Restaurant Operations: Family dining operations through 23 Olga's Kitchen and Olga's Fresh Grille locations featuring their signature Olga bread and Original Olga item.
  3. MOD Pizza Restaurant Operations: Fast casual pizza operations featuring individual artisan-style pizzas made on demand with fresh-pressed dough and over 30 toppings, cooked in 800-degree ovens.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

TEAM Schostak Family Restaurants product offering

Product offering

Core offering

TEAM Schostak Family Restaurants operates a multi-brand portfolio of restaurant franchises in Michigan, including 60 Applebee's casual dining locations, 23 Olga's Kitchen and Olga's Fresh Grille family dining locations, and MOD Pizza fast casual locations. The company runs dine-in, takeout, and catering operations across these brands through company-operated storefronts, supported by a centralized Support Center in Livonia, Michigan.

Product overview

TEAM Schostak Family Restaurants is a fourth-generation family-owned restaurant holding company operating a portfolio of casual dining, family dining, fast casual, and quick service restaurants throughout Michigan. The company operates three distinct restaurant brands: Applebee's (casual dining with 60 locations including IHOP/Applebee's dual-brand sites), MOD Pizza (fast casual artisan pizza with hand-cooked individual pizzas), and Olga's Kitchen/Olga's Fresh Grille (23 locations featuring signature Olga bread-based entrees). The company also operates a Support Center providing centralized support for all brands.

Differentiator

Problem solved

Functional benefit

Brands

  • Applebee's: Casual dining restaurant chain with 60 locations in Michigan, including IHOP/Applebee's brand combinations.
  • Olga's Kitchen
  • Olga's Fresh Grille
  • MOD Pizza

Products and services

  • Applebee's Restaurants Casual dining restaurant franchise offering American food in a neighborhood setting with attentive service at accessible value; TSFR operates 60 Applebee's locations in Michigan, including IHOP/Applebee's brand combination sites.
  • MOD Pizza Restaurants Fast casual pizza restaurant chain featuring individual artisan-style pizzas made on demand with fresh-pressed dough, signature sauces, and over 30 toppings, hand-cooked in an 800-degree oven in under three minutes.
  • Olga's Kitchen Restaurants Family dining restaurant chain featuring the signature Original Olga sandwich made with secret Olga bread, seasoned beef and lamb, vine-ripened tomato, sweet onion, and homemade Olgasauce; TSFR operates 23 Olga's Kitchen locations with an expanded menu of bold-flavored entrees.
  • Olga's Fresh Grille Restaurants Fresh grill concept operated under the Olga's brand serving fresh, bold-flavored entrees made daily on Olga's famous bread.

Companies that use TEAM Schostak Family Restaurants

Customer profile

Segments3 records

Ideal customer profiles3 records

TEAM Schostak Family Restaurants technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

TEAM Schostak Family Restaurants partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered minor and core.

  • Alex's Lemonade Stand FoundationminorStrategic or Co-development PartnerPartnership honoring Alexandra Scott who started lemonade stands at age 4 while battling neuroblastoma. TSFR participates in supporting childhood cancer research through this initiative.
  • Olga Loizon Memorial FoundationcoreStrategic or Co-development PartnerFoundation founded in honor of Olga Loizon who created the Olga's Kitchen concept. Focuses on assisting entrepreneurial women, continuing her legacy of perseverance and business achievement.
  • Make-A-Wish MichiganminorStrategic or Co-development PartnerTSFR supports Make-A-Wish Michigan through guest donations to help grant wishes to children on the medical eligibility waiting list.
  • Muscular Dystrophy Association (MDA)minorStrategic or Co-development PartnerTSFR participates in MDA's annual Shamrock Program, collecting donations to aid Michigan residents with muscular dystrophy and related illnesses.
  • Breakthrough T1D (formerly JDRF)minorStrategic or Co-development PartnerTSFR supports Breakthrough T1D through paper sneaker sales and guest donations to fight Type 1 Diabetes and its complications.
  • GroupRaiseminorGTM or Marketing PartnerPlatform partner enabling Applebee's Dine to Donate fundraising program, connecting local organizations with restaurant fundraising events.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

TEAM Schostak Family Restaurants competitors and assessment

Company assessment

Direct peers

  • Flynn Restaurant Group: Largest Applebee's franchisee in the U.S., also operating Taco Bell, Arby's, Panera, and Wendy's. Closely comparable to TSFR as a multi-brand restaurant franchisee with a mix of proprietary and franchised concepts and large headcount.
  • Apple-Metro Inc. Major Applebee's and IHOP franchisee on the East Coast. Directly comparable as a multi-state franchisee of the same brands TSFR operates in Michigan.
  • Carrols Restaurant Group: One of the largest Burger King franchisees and also operates Popeyes. Directly comparable to TSFR's history as a Burger King franchisee that grew into a multi-brand restaurant operating company.

Broad incumbents

  • Bloomin' Brands: Owner of Outback Steakhouse, Carrabba's, Bonefish Grill, and Fleming's. Broad incumbent in multi-brand casual/family dining with overlapping customer segments to TSFR's Applebee's and Olga's Kitchen concepts.
  • Brinker International: Owner of Chili's Grill & Bar and Maggiano's Little Italy. Broad casual-dining incumbent operating a comparable family/casual dining portfolio targeting similar value-conscious families and individuals.
  • Darden Restaurants: Owner of Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, and Capital Grille. Large-scale multi-brand full-service operator with overlapping dine-in family dining customer segments.
  • Cracker Barrel Old Country Store: Casual-dining chain with a strong family/casual dining value proposition comparable to Applebee's. Operates a national footprint of family-oriented restaurants serving a similar value-driven customer base.

Emerging players

  • MOD Pizza: Parent brand of one of TSFR's three core concepts. Comparable as the franchisor of the fast-casual artisan pizza concept that TSFR operates in Michigan, and relevant for understanding brand-level economics and growth trajectory.

Others

  • Inspire Brands: Multi-brand restaurant parent (owner of Arby's, Buffalo Wild Wings, Sonic, Jimmy John's, Dunkin', and Applebee's via acquisition). Indirect comparator as the parent organization of the Applebee's brand that TSFR franchises.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

TEAM Schostak Family Restaurants social profiles

Digital presence

TEAM Schostak Family Restaurants financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TEAM Schostak Family Restaurants leadership team

Management profile

Number of profiles

Profiles7 records

TEAM Schostak Family Restaurants subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

TEAM Schostak Family Restaurants funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

TEAM Schostak Family Restaurants M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TEAM Schostak Family Restaurants

What does TEAM Schostak Family Restaurants do?

TEAM Schostak Family Restaurants operates a multi-brand portfolio of restaurant franchises in Michigan, including 60 Applebee's casual dining locations, 23 Olga's Kitchen and Olga's Fresh Grille family dining locations, and MOD Pizza fast casual locations. The company runs dine-in, takeout, and catering operations across these brands through company-operated storefronts, supported by a centralized Support Center in Livonia, Michigan.

Is TEAM Schostak Family Restaurants a public or private company?

TEAM Schostak Family Restaurants is a private company. It is classified as family owned and is currently operating.

When was TEAM Schostak Family Restaurants founded?

TEAM Schostak Family Restaurants was founded in 1985. It employs 5,001 to 10,000 people.

Where is TEAM Schostak Family Restaurants based?

TEAM Schostak Family Restaurants is headquartered in Livonia, United States, in the North America region.

How does TEAM Schostak Family Restaurants make money?

Three revenue lines are on record. Applebee's Restaurant Operations are the primary driver. The others are olga's Kitchen Restaurant Operations and MOD Pizza Restaurant Operations.

Who are TEAM Schostak Family Restaurants's main competitors?

Direct peers on record are Flynn Restaurant Group, Apple-Metro Inc. and Carrols Restaurant Group. Broad incumbents are Bloomin' Brands, Brinker International, Darden Restaurants and Cracker Barrel Old Country Store. MOD Pizza is listed as an emerging player. Inspire Brands is listed as an others.

Does TEAM Schostak Family Restaurants have an API?

No public API is recorded for TEAM Schostak Family Restaurants.

What industry is TEAM Schostak Family Restaurants in?

TEAM Schostak Family Restaurants's product category is Multi-Brand Casual and Fast Casual Restaurant Operations. Its primary akta.pro industry code is THAFACAC, Family-Style Restaurants. Its NAICS code is 722511 and its SIC code is 5810.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
PR NewswireTEAM SCHOSTAK FAMILY RESTAURANTS RECOGNIZED AS 2022 TOP WORKPLACES USA NATIONAL AWARD WINNERTEAM Schostak Family Restaurants, a Michigan-based family-owned restaurant group operating chains including Applebee's, Olga's Kitchen, MOD Pizza, Del Taco, and Wendy's, was named a 2022 Top Workplaces USA national award winner, ranking 22nd out of 50 companies in the large business category among more than 2,500 applicants. The award, based entirely on employee engagement survey feedback measuring factors like leadership, communication, and career opportunities, recognizes the company's people-centered culture and commitment to training and development. The company employs more than 6,500 people across Michigan and was previously recognized as a Top Workplace in Michigan for four consecutive years.PR NewswireTEAM SCHOSTAK FAMILY RESTAURANTS RECOGNIZED AS 2021 MICHIGAN TOP WORKPLACES WINNER FOR FOURTH CONSECUTIVE YEARTEAM Schostak Family Restaurants, a Michigan-based family-owned restaurant group operating brands including Applebee's, Olga's Kitchen, MOD Pizza, Del Taco, and Wendy's, was recognized by the Detroit Free Press as one of Michigan's 2021 Top Workplaces for the fourth consecutive year. The company, which employs more than 6,500 employees throughout Michigan, ranked 14th in the large business category (organizations with 500+ employees) out of 174 total recognized workplaces. The award was determined solely through employee survey results measuring 24 factors including company leadership, communication, career opportunities, and pay and benefits.GlobeNewswireDel Taco Opens Newest Michigan Location in Detroit AreaDel Taco opened a new location at 11386 Telegraph Road in Taylor, Michigan, its eighth in the Detroit area. The restaurant is the 10th Del Taco in Michigan, operated by franchise group TEAM Schostak Family Restaurants. The company plans several more locations in the region.PR NewswireEnvoy Stable Income Fund Acquires Its First Property - a Wendy's Restaurant in Grand Ledge, MI.Envoy Stable Income Fund, LLC (ESI Fund) has acquired a Wendy's quick service restaurant in Grand Ledge, Michigan under a long-term lease, marking the fund's first property acquisition. The 3,595 sq. ft. restaurant is 100% leased to Team Schostak Family Restaurants, a Wendy's franchisee operating over 50 locations primarily in Michigan, and the all-cash purchase was completed in 42 days from offer to closing. The fund, managed by Envoy Fund Management, LLC, aims to produce a projected 7.0% annual cash return for investors through its diversified portfolio of net lease properties.PR NewswireTEAM Schostak Family Restaurants Recognized As 2020 Michigan Top Workplaces WinnerTEAM Schostak Family Restaurants (TSFR) has been recognized as one of The Detroit Free Press' 2020 Top Workplaces, marking the third consecutive year the Michigan-based restaurant group received this honor. The recognition is based on employee survey results measuring various factors such as company leadership and career opportunities, with TSFR ranking 22nd in the large business category for organizations with over 500 employees. The award highlights the company's commitment to its workforce, particularly in a challenging year.GlobeNewswireDel Taco Ramps Up Michigan Expansion With Existing Franchise PartnerDel Taco announced an expansion agreement with franchisee Team Schostak Family Restaurants for 12 new Michigan locations. The deal covers Macomb and parts of Wayne County, bringing Team Schostak's total Del Taco units to 18. The franchisee also operates over 65 Applebee's restaurants in Michigan.PR NewswireDineEquity, Inc. Announces First Co-Branded IHOP® Restaurant And Applebee's Grill and Bar® To Open At Detroit's Millender Center In 2017DineEquity, Inc. announced plans to open the first co-branded IHOP and Applebee's restaurant at Detroit's Millender Center in late 2017, combining both brands under one roof for the first time. The approximately 11,939-square-foot, 300-seat restaurant will be owned and operated by franchisee TEAM Schostak Family Restaurants, with construction expected to begin in April 2017 pending municipal approvals, and is projected to employ over 100 people.