Penn Station Franchise

Penn Station East Coast Subs, founded by Jeff Osterfeld in 1985, brought a unique twist to fast-casual dining with the concept of preparing meals directly in front of customers using only fresh ingredients. Initially started in Cincinnati, Ohio, the brand quickly grew into a beloved local favorite and expanded its franchise operations in 1987.

Known for its mouthwatering cheesesteaks and sandwiches, Penn Station East Coast Subs features a signature menu that includes grilled and cold deli sandwiches made with high-quality ingredients on freshly baked bread. Additional menu items include fresh-cut fries, hand-squeezed lemonade, and chocolate chunk cookies, all freshly prepared in the presence of customers, providing a memorable dining experience.

Why Choose Penn Station East Coast Subs Franchise?

• Proven Track Record: Historically ranked in Entrepreneur’s Franchise 500, Penn Station East Coast Subs showcases a legacy of strong performance, driven by over 37 years of industry experience.
• Expansive Network: With over 300 locations across the United States, Penn Station aims to expand further, targeting areas like Arkansas, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Michigan, Missouri, North Carolina, Nebraska, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia.
• Attractive Business Model: The franchise offers a simple operational model and strong unit-level economics, making it an enticing option for experienced multi-unit franchisees.

Financial Requirements & Initial Investment

• Initial Franchise Fee: $25,000
• Initial Investment: $366,693 - $823,526
• Net Worth Requirement: $500,000
• Cash Requirement: $300,000
• Ongoing Royalty Fee: up to 8%
• Ad Royalty Fee: 2% - 3%

Training & Support

Penn Station East Coast Subs offers comprehensive training and ongoing support to ensure the success of its franchisees:

• On-The-Job Training: 202-209 hours
• Classroom Training: 25-33 hours
• Ongoing Support:
  • Purchasing Co-ops
  • Newsletter
  • Meetings & Conventions
  • Grand Opening Support
  • Online Support
  • Security & Safety Procedures
  • Field Operations
  • Site Selection
  • Proprietary Software
  • Franchisee Intranet Platform

Marketing Support

• Co-op Advertising
• Ad Templates
• National Media
• Regional Advertising
• Social Media
• SEO
• Website Development
• Email Marketing

Steps to Becoming a Franchisee

1. Submit an online inquiry form.
2. Participate in a pre-qualification interview if you are seen as a potential fit.
3. Complete the franchise application and attend an online exploration seminar.
4. Visit Penn Station East Coast Subs headquarters in Milford, Ohio, to meet with the team.
5. Sign the franchise agreement and kick off your journey with Penn Station East Coast Subs.

Key Takeaways

• Founded in 1985, Penn Station East Coast Subs focuses on fresh ingredients and in-front-of-customer meal preparation.
• Initial franchise fee is $25,000 with an estimated initial investment ranging from $366,693 to $823,526.
• Comprehensive training and support programs are provided to franchisees.
• Extensive marketing support helps boost brand visibility and ensure franchise success.
• Penn Station East Coast Subs is targeted for expansion in several U.S. states.

Explore this exciting franchise opportunity by downloading the franchise disclosure document or filling out the free information request form on this page.