Penn Station East Coast Subs to Continue Steady Concentric Growth in 2013

Penn Station East Coast Subs to Continue Steady Concentric Growth in 2013

Fast Casual Restaurant Passes 250 Locations in 2012

December 17, 2012 // Franchising.com // Milford, OH - Penn Station East Coast Subs, the fast casual restaurant known for its legendary Philadelphia Cheesesteak Sub sandwich, served hot and made-to-order on freshly baked French bread, opened 21 restaurants in 2012 with plans to open 40 more next year. Penn Station entered several new markets this year, including Chattanooga, Tenn.; Columbia, Mo.; Grand Rapids, Mich.; and Lansing, Mich.

“We have made each restaurant’s success our main priority, which is why we are able to offer such an outstanding return on investment to our franchisees and why we boast a 99.9 percent success rate,” said Craig Dunaway, president of Penn Station, Inc. “We will continue to look for qualified multi-unit franchisees who have restaurant management experience. Our growth strategy has been focused on growing concentrically from our home base in Cincinnati, and—based on the success of 2012—we will continue that method next year.”

Building on the success of their multi-unit franchisees, Penn Station is seeking entrepreneurs with prior restaurant experience as well as small, active investment groups to open at least five restaurants. Penn Station will continue to focus on smart growth in targeted markets with the franchisees that are the right fit for the company. Key growth markets for 2013 include Atlanta, Washington, D.C., Chicago, Detroit, Nashville, Tenn., Richmond, Va., and North and South Carolina.

About Penn Station

Penn Station serves a variety of hot and cold subs, as well as fresh, hand-cut French fries, hand-squeezed lemonade and chocolate chunk cookies baked fresh in the restaurant. Penn Station has more than 250 restaurants in 13 states including Ohio, Illinois, Indiana, Kansas, Kentucky, Michigan, Missouri, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia. All but two locations are franchised. Projections call for the opening of 40 restaurants in 2013 and 45 in 2014.

Media Contact:

Sanderson & Associates, Ltd.
Caitlin Varley
312-829-4350
caitlin@sandersonpr.com

 

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Arby's
Fast Crafted® Restaurant Brand Specializing in Freshly-Sliced, Deli-Inspired Meats & Sandwiches 
BirthdayPak
BirthdayPak is an award-winning marketing platform that brings local upscale businesses together with their best customers.
Sbarro, LLC
An award-winning franchise company, Sbarro is known for selling XL NY pizza by the slice with dough made in-house daily & 100% Whole Milk...
Sunny Street Cafe
A bright spot in your neighborhood for breakfast, brunch, and lunch. Discover the freedom and balance of owning your own Sunny Street Café: we've...
Saladworks
Saladworks leads the exploding fast-casual salad space, with nine consecutive quarters of positive same-store sales growth through 2017. America's...
Share This Page

Subscribe to Franchising Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.