Cardinal Cheesesteaks Buys Two Additional Penn Station Subs Locations In Louisville Area
Louisville Franchisee Now Has 20 Restaurants
September 24, 2018 // Franchising.com // LOUISVILLE, KENTUCKY - Cardinal Cheesesteaks, a franchisee of Penn Station East Coast Subs, the fast-casual restaurant known for its grilled, made-to-order sub sandwiches, has purchased the Elizabethtown and Radcliff Penn Station locations, bringing its total to 20 restaurants in the Louisville area.
“We’re excited to keep growing our business in Louisville,” said Don Robinson, partner and managing owner of Cardinal Cheesesteaks. “Buying the Elizabethtown and Radcliff restaurants expands our territory to the outskirts of Louisville, and we’re happy to keep providing great food to the people in Elizabethtown and Radcliff.”
Cardinal Cheesesteaks owns 20 of the 23 Penn Station restaurants in the Louisville area.
“This acquisition makes Cardinal Cheesesteaks one of the largest franchisees in the entire Penn Station system,” said Penn Station President Craig Dunaway. “Don and his team are doing a great job of serving Louisville residents and expanding the Penn Station brand in the area.”
About Penn Station East Coast Subs
Founded in Cincinnati, Ohio in 1985, Penn Station serves a variety of grilled and cold deli sandwiches made to order with high-quality ingredients on freshly baked bread. The menu also includes fresh-cut fries, hand-squeezed lemonade made throughout the day and chocolate chunk cookies baked in the restaurant.
Penn Station has more than 315 locations in 15 states including Ohio, Georgia, Illinois, Indiana, Kansas, Kentucky, Michigan, Missouri, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and West Virginia. All but one location is franchised. As a franchisor, Penn Station is known for its outstanding profitability and return on investment. Penn Station was named one of the Best Franchises to Buy by Forbes in 2016 and 2018 and one of the Best Franchise Deals by QSR Magazine in 2016 and 2017.
Projections call for the opening of approximately 15 restaurants nationwide in 2018. Penn Station is targeting Kansas City, Atlanta, Chicago, Pittsburgh, Nashville, Cleveland and Raleigh for franchise expansion. For more information, visit www.penn-station.com.
SOURCE Penn Station East Coast Subs