Penguin Point Restaurant Group LLC, commonly referred to as Penguin Point, was an American regional fast-food restaurant chain that is mainly located in Northern Indiana.

[5][6] In spring of 2018, the restaurant chain was purchased by US Assets, Inc., a company located in Dallas, Texas.

[7] In the fall of 2020, new restaurants were opened in North Manchester and Columbia City, Indiana.

[9] In May 2019, a Penguin Point restaurant was planned to be opened on Fayetteville, Arkansas.

[13] In November 2022, US Assets suddenly closed 7 locations, leaving 9 still in operation throughout Northern Indiana.

[14] However, those remaining locations permanently closed on November 12, 2023, citing economic challenges.