This Philly Cheesesteak Shop Started with One Small Cart
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What if a simple steak sandwich could turn into a $9 million business? That’s exactly what happened to Pat’s King of Steaks, home of what many consider the best cheesesteak in Philadelphia! And it all started 96 years ago with two brothers selling hot dogs on the streets.
Pat and Harry Olivieri weren’t trying to create the next big thing. They were just trying to make a living when they decided to grill some chopped ribeye and onions, put them on Italian bread, and serve it to a cab driver. That simple meal eventually became the Philly cheesesteak we know today. Sometimes, a good business idea really can be that simple!
Frank Olivieri was just 11 when he started helping at the family shop. He could’ve gone to culinary school in France, but instead chose to stay and help his father. He worked his way up from employee to owner, learning the business along the way. Within 10 years, he grew annual sales from $2.5 million to over $9 million. Today, his cheese steak business brings in as much as $1 million a month!
In this episode, Frank shares what it’s like running a restaurant that never closes, the challenges of keeping a family business going, and why he’s stuck with the same cheese steak recipe for decades. His story shows that you don’t need a complicated idea to build something big. Sometimes, you just need to do one thing really well.
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👉 Check out Fankie’s website - https://www.patskingofsteaks.com/
Timestamps:
00:00 - Start
01:04 - A new King of Steaks in town?!
02:35 - Since 1930
03:38 - “Forget about the hotdogs!”
04:21 - Is anything broken today?
04:58 - An olympic pool FULL of cheese
05:55 - Only the best, no less
06:31 - Rib-eye done RIGHT
07:37 - The first influencer… EVER
08:20 - A legendary cameo in Rocky?!
09:31 - 11 and working
11:52 - “They use it, we don’t!”
13:09 - A cheesy discovery in 1956
15:58 - Watch the LEGEND come to life
17:57 - Never a dull moment at Pat’s
20:10 - 30 boxes of beef on a usual Monday…
21:31 - Sharing is caring
22:22 - Onion of choice
22:59 - Doing it for the love of the game
24:19 - On the presiden’t speed dial
24:56 - It all comes down to a number
26:29 - Turning nostalgia into $$$
27:39 - Let’s talk numbers
30:12 - Profit margins, no filter!
31:43 - A masterclass from the man himself
32:43 - Let the challenge begin!
34:10 - The King of Steaks met his match?!
35:29 - Good food, seven days a week!
36:02 - The ONLY non-negotiable
37:30 - Outro
#steak #phillycheesesteak #cheesesteak
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