TEAM Schostak Family Restaurants Featured as Franchise Times’ Cover Story
As the leader in the restaurant industry, we were fortunate to have our company, our restaurants and our leaders featured as the cover story in a recent issue of Franchise Times magazine. We are dedicated to investing in our portfolio of restaurants and the talented teams that work hard every day to proudly delight our guests.
Below, please find an excerpt from the article, titled “Fresh & Seasoned: Building the Schostak Empire in Michigan.”
The Schostaks have it all figured out: the restaurant operator is a testament to culture, hard work and smart planning. No. 60 on the Restaurant 200 is thriving with 65 Applebee’s, eight MOD Pizzas and five Del Taco restaurants. It also owns non-franchised Olga’s Kitchen, a regional restaurant and Detroit-area institution. This year TEAM Schostak, as the group is called, reported sales of $176.8 million.
The family itself is a local institution. The Schostak Brothers & Company is a well-known real estate firm based in Livonia, Michigan, with holdings across 24 states. It was in that family incubator that the franchise operation began under the name TEAM Schostak Family Restaurants in 1981.
Since then, the franchise operation has become an industry heavyweight. It checks all the boxes of successful franchise organizations: experienced management, access to capital, close community ties and a strong, systemized culture. It does a few unique things too, like self development to ensure great locations for all its brands and big savings when co-locating multiple concepts.
Click here to read the full story.