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Great Steak and Potato Company

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Great Steak and Potato Company
Formerly
Great Steak & Fry Company
Subsidiary
ISIN🆔
IndustryFood
Founded 📆1982; 42 years ago (1982) in Dayton, Ohio as Great Steak & Fry Company
Founder 👔Nicola "Nick" Lanni
Headquarters 🏙️Scottsdale, Arizona, U.S.
Number of locations
251 (2004)[1]
Area served 🗺️
United States
Members
Number of employees
ParentKahala Brands
🌐 Websitewww.thegreatsteak.com
📇 Address
📞 telephone

Great Steak (formerly Great Steak and Potato Company) is a chain of fast-food restaurants specializing in cheesesteaks and potato dishes. Great Steak is a wholly owned subsidiary of Kahala Brands of Scottsdale, Arizona. The chain was founded in Dayton, Ohio, in 1982. As of 2010, Great Steak had nearly 160 locations in the United States and abroad.[2][3]

History[edit]

Italian-born and Canadian-raised Nicola "Nick" Lanni left his job as a manager at a private resort island in the Bahamas after meeting his future wife while she was vacationing at the sort. He relocated to Hamilton, Ohio, in order to marry her. In 1982, Lanni used his skills in food and hospitality management to open a Philadelphia-style cheese steaks restaurant in the food court in the Dayton Mall that eventually became Great Steak. The initial name of the business was called Great Steak & Fry Company. By 1992, Lanni's company had 110 locations, 80 of which are franchised.[4] The company had changed its name to Great Steak & Potato Company sometime before 2000when it had 225 locations worldwide.[5]

Lanni sold the company to Kahala Brands for an undisclosed amount in 2004. At the time of the sale, the company had 251 restaurants in the United States, Canada, and the Middle East. Lanni retained nine corporate-owned stores in Greater Cincinnati and development rights in the area and became a Cincinnati-area franchisee.[1]

The following year, Kahala signed a deal to expand the brand into South Korea.[6]

References[edit]

  1. 1.0 1.1 Tucker, Randy (April 3, 2004). "Great Steak & Potato Co. sold". Cincinnati Enquirer.
  2. Williams, C. (2012). Management. Cengage Learning. p. pt332. ISBN 978-1-111-96981-3. Retrieved November 16, 2017. Search this book on
  3. "Great Steak - About Us - Our History". 2010-04-14. Retrieved 2010-04-14.
  4. Kent, Jennifer (August 19, 1992). "Great Steak & Fry Chain Continues to Sizzle Rivals". Cincinnati Post. p. 6B. Alternate Link via NewsBank
  5. Fasig, Lisa Biank (February 2, 2000). "Big Sky sold; one store closed". Cincinnati Enquirer.
  6. "Kahala signs 30-restaurant deal with South Korean developer". Phoenix Business Journal. December 29, 2004.

External links[edit]



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