Penn Station East Coast Subs To Open Four New Restaurants In Nashville
New restaurants part of overall rapid growth plan for market
October 16, 2020 // Franchising.com // NASHVILLE, TENNESSEE - Penn Station East Coast Subs will open four new restaurants this year in the Nashville market. The new restaurants will be in Tullahoma, Shelbyville, Madison and Dickson.
There are currently seven restaurants in the Nashville and Bowling Green area: one in Bowling Green, two in Murfreesboro, one in Hendersonville, one in Clarksville, one in Hermitage and one in Bellevue. All are owned by NV Ventures, who purchased the restaurants earlier this year. They plan to open an additional three to four restaurants each year moving forward to fill out the market, focusing on growing from the outer parts of the market in toward the city of Nashville.
“We plan to grow rapidly and build out the Penn Station brand in the Nashville market over the next few years,” said Jason Day, managing owner of the Nashville restaurants. “We have a great team in place to oversee the growth and strong financials, so we are ready to keep opening three to four new restaurants each year. Nashville is one of the hottest markets in the country right now and relatively close to Penn Station’s home base of Cincinnati, so we think this can be a really strong market for the brand.”
The new restaurants in Tullahoma (1609 Jackson Street) and Shelbyville (1735 Main Street) are slated to open in October. The Madison restaurant (143 South Gallatin Pike) will open in November, and the Dickson restaurant (404 Dickson Highway 46 South) is scheduled to open in early December.
About Penn Station East Coast Subs
Founded in Cincinnati, Ohio in 1985, Penn Station serves an assortment of fresh-grilled and cold deli sandwiches, wraps and salads made to order with high-quality ingredients. The menu also includes fresh-cut fries, hand-squeezed lemonade made throughout the day and fresh-baked chocolate chunk cookies baked in the restaurant.
Penn Station has more than 310 locations in 15 states including Ohio, Georgia, Illinois, Indiana, Kansas, Kentucky, Michigan, Missouri, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, West Virginia and now Nebraska. A brand that prides itself on longevity, Penn Station is celebrating 35 years in business in 2020.
With all but one store being franchised, Penn Station focuses on franchisee’s profitability and return on investment. This mentality led to Penn Station being named one of the Best Franchises to Buy by Forbes in 2016, 2018 and 2019 and one of the Best Franchise Deals by QSR Magazine in 2016 and 2017.
Penn Station supports the National Down Syndrome Adoption Network (NDSAN) annually with a donation. In addition to this support, Penn Station partners with local Down syndrome associations to raise money. Each March, Penn Station hosts a systemwide campaign to raise money for the local Down syndrome associations across the Midwest and Southeast, donating almost $300,000 in 2019 and 2020.
Projections call for the opening of eight to 12 restaurants nationwide in 2020. Penn Station is targeting Kansas City, Omaha, Charlotte, Detroit, Pittsburgh, Nashville, Richmond and Raleigh for franchise expansion. For more information, visit the Penn Station website.
SOURCE Penn Station
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances