Point Franchise Systems, Inc. began as a carhop
drive-in on June 6, 1950 by two Stouder families,
Wallace and Mary Stouder and his brother Lloyd and
Heleta Stouder was only open during the summer. The
present corporation was formed by the two brothers in
June 1961 and now operates 13 restaurants in northern
Indiana, a catering company, and a restaurant equipment
restaurant was opened at the junction of State Roads 13
and 15 in Wabash and stills operates today as one of the
top units in the chain. Penguin Point is famous for
their Tenderloin sandwich that was developed at this
location in the early 50ís by the company founder,
Wallace E. Stouder Sr. Penguin Point has also become
widely known for fresh chicken, Idaho French Fries and
their double deck Big Wally sandwich. Quality, Variety,
and Service continue to be their focus for growth.
Restaurant Equipment Corporation was acquired in 1964
and is primarily engaged in engineering, design, and
installation of institutional kitchens for schools,
hospitals, jails, and nursing homes. They also have a
12,000 square foot showroom featuring new and used
equipment, supplies and gifts for the professional or
home cooking enthusiast.
CATERING was started in 1968 to provide in-house
feeding for special events at factories. Today,
the Catering Division continues with in-house feeding
and has developed a strong following in formal events
such as weddings, honor dinners, and holiday banquets.
Services are available anywhere in northern Indiana for
groups from 30 to 3000, just click on the Catering link
for a sample menu.