About
Penguin 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 14 restaurants in northern Indiana, a catering company, and a restaurant equipment company. The first 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 50’s by the company founder, Wallace E. Stouder Sr. Penguin...