How many PENN STATION, EAST COAST SUBS franchise locations are there?

As of the 2024 FDD, PENN STATION, EAST COAST SUBS has 314 franchise locations.

Is PENN STATION, EAST COAST SUBS a good franchise to buy?

PENN STATION, EAST COAST SUBS shows several positive indicators: established brand with 314+ locations. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

PENN STATION, EAST COAST SUBS

Penn Station East Coast Subs franchises upscale, fast-casual restaurants featuring prepared-to-order East Coast-style cheesesteaks and submarine sandwiches as main menu items. The franchisor grants licenses to franchisees to operate under the Penn Station System, including training, confidential operating manuals, and periodic updates to maintain consistency across locations. These restaurants serve the general public in suburban strip-shopping centers, business districts, and busy streets, competing in the fast-casual and fast-food dining market.

314

Locations

$508K–$859K

Investment

Food & BeverageMilford, OHwww.penn-station.comDisclaimer

Franchise Costs

Franchise Fee

$25,000

Item 5 of FDD

Initial Investment Range

$507,500 – $858,750

Low: $507,500High: $858,750

Item 7 of FDD

Royalty Rate

2.00%

of gross sales

Brand Fund

2.00%

Item 6 of FDD

Tiered royalty (2%-8% of monthly net sales based on sales volume) + 2% national fund (up to 4%)

Financial Performance

Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How PENN STATION, EAST COAST SUBS Compares

Key Insights

Top 10 largest franchise system in Fast Casual

Franchise	Investment	Fee	Royalty	Locations
PENN STATION, EAST COAST SUBS Current	$508K – $859K	$25K	2.0%	314
Tropical Smoothie Cafe	$300K – $721K	$35K	6.0%	1,371
TROPICAL SMOOTHIE CAFÉ	$300K – $721K	$35K	6.0%	1,371
FIREHOUSE SUBS RESTAURANTS (UNIT)	$379K – $1.4M	$20K	6.0%	1,248
Zaxby's	$1.4M – $3.8M	$35K	6.0%	826
Qdoba	$548K – $1.3M	$40K	5.0%	652
Fast Casual Average 107 franchises	$532K – $1.2M	$39K	5.6%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States

1OH

110

2IN

3KY

4MO

5MI

6TN

7NC

8IL

9WV

10PA

11NE

12VA

13SC

14KS

15GA

Franchisee Contacts

244 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

244 Contacts Available

Unlock all PENN STATION, EAST COAST SUBS franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a PENN STATION, EAST COAST SUBS franchise ranges from $507,500 to $858,750. This includes a franchise fee of $25,000. Ongoing royalty fees are 2.0% of gross sales.