Franchising

Penn Station East Coast Subs adding 49 locations

March 7, 2022

Penn Station East Coast Subs signed multiple new agreements in January with new and existing franchisees for a total of 49 restaurants in Indiana, Kansas City and Ohio.

"This has been an exciting way to start the year and we hope to continue to build on our momentum," COO Craig Dunaway said in a company press release. "We are seeing multi-unit, multi-concept owners taking notice of Penn Station's targeted markets for growth.

People love Penn Station for our amazing food and we have expanded our brand messaging to target prospective franchisees within available markets where we want to open. We invested a lot of time in 2021 revamping our growth focus and overall development strategy. Southern Indiana, Columbus and Kansas City are now sold out with new development agreements."

The 49 units will open over the next five years and will join the 50 units that the brand signed last year.

"We are also very excited to see new franchisees from other concepts add our brand to their current portfolio," Dunaway said. "They believe Penn Station fits well with their current infrastructure and culture and we have availability to build stores in markets where their other concepts are fully saturated."

Penn Station has a Target Growth Area Development Incentive Program, which offers 0% royalty for six months and 50% off initial franchise fees to both current and new franchisees that sign a development agreement to open one or more restaurants in target growth areas.

Penn Station has over than 310 locations.