Penn Station
Cherry Franchise Broker
Total investment:
$ 290,984
Franchise fee:
$ 25,000
Royalty fee:
6%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1985
Franchise since: 1987
Company owned units:
Franchise owned units: 314
Total number of units:
Number of employees per unit: 15
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEPenn Station is a chain of restaurants specializing in what it calls “East Coast subs.” Locations are found throughout the Midwestern United States.
The company was founded in 1985 and its headquarters is in Milford, Ohio.
Penn Station East Coast Subs also offers franchise opportunities. As of 2018, the company operates 314 franchises in the United States.
On-The-Job Training: 202 – 299 hours
Classroom Training: 25 – 33 hours
Net-worth Requirement: $500,000
Liquid Cash Requirement: $300,000 Ad Royalty Fee: 0.25%
Cherry Franchise Broker
Languages: 
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