Penguin Point (restaurant chain) facts for kids
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| Subsidiary | |
| Industry | Restaurant |
| Founded | 1950 |
| Founder | Wallace and Mary Stouder |
| Headquarters | Warsaw, Indiana |
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Number of locations
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19 |
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Area served
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Northern Indiana, North Carolina, and Kentucky |
| Products | Burgers, fried chicken, tenderloin sandwich, fries, drinks, salads, seafood, and shakes. |
| Parent | US Assets, Inc. |
Penguin Point is a popular fast-food restaurant chain in the United States. It started in Northern Indiana and now has restaurants in Kentucky and North Carolina too. Wallace and Mary Stouder opened the very first Penguin Point in Wabash, Indiana. Later, a company from Texas bought Penguin Point, which helped it grow and open new locations.
Contents
The Story of Penguin Point
How Penguin Point Started in Indiana
On June 6, 1950, Wallace and Mary Stouder created Penguin Point. They opened their first restaurant in Wabash, Indiana. This first spot was a "carhop drive-in." This means servers would bring food right to your car. It was only open during the summer months.
In 1961, Wallace and Mary gave the company to their brothers, Lloyd and Heleta Stouder. Wallace Stouder then became the main boss, or CEO, of Penguin Point.
In the spring of 2018, a company called US Assets, Inc. bought Penguin Point. This company is from Dallas, Texas. After this, a new CEO named Meier took over. The new owners wanted to try new things. One big change was adding breakfast to the menu. They first tried this at the Penguin Point in Warsaw, Indiana. In the fall of 2020, new restaurants opened in North Manchester and Columbia City, Indiana.
Penguin Point Grows Beyond Indiana
Before US Assets bought the company, a few Penguin Point restaurants had opened in other states. These included Florida, Michigan, Ohio, and Texas. However, these restaurants eventually closed down.
In May 2019, a new Penguin Point restaurant was planned for Fayetteville, Arkansas. It officially opened its doors on May 8, 2019. Later in August 2019, Penguin Point shared plans for even more new restaurants. These new locations would be in Owensboro, Kentucky, Louisville, Kentucky, and Jacksonville, North Carolina.
What's on the Menu?
Penguin Point is well-known for its tasty burgers and chicken. They also serve fish, pork, french fries, and salads. Their burgers are called "Wally" burgers. This name honors Wallace Stouder, one of the founders. These burgers come with the chain's special "Wally" sauce.
Penguin Point is most famous for its pork tenderloin burger. As of April 2019, only the restaurant in Warsaw offered breakfast. The breakfast menu includes sandwiches, burritos, and even chicken on waffles. They also added fish to their regular menu.
For a long time, the menu didn't change much since 1950. This is because when they tried new foods, people often didn't buy them. For example, they once had sandwich wraps. But because not many people bought them, they were taken off the menu for good.
