Ranked as one of the top 200 Franchise Opportunities in the U.S. by Entrepreneur Magazine in its 2006 Annual Franchise 500 listing.
Ranked #1 Restaurant Franchise Company by Success Magazine in its October 2000 Annual ranking of the top 200 American franchises.
Investment Information:
Average Initial Investment(1)
$327,614
Royalty-variable
4% to 8%
Franchise Fee
$25,000
(1) Based on the average investment of franchisees who opened stores during 2005 taken from our 2006 Uniform Franchise Offering Circular. We estimate an initial investment range of approximately $229,640 to $434,709 (excluding any rent for the business location). Items 5 and 7 of our Uniform Franchise Offering Circular provide more information regarding the investment.
COMPREHENSIVE STORE OPENING SUPPORT
Our extensive Opening Checklist covers all of the nuts and bolts of opening a new restaurant, thereby guiding you toward a successful Grand Opening for your store. A team of seasoned restaurant professionals provides assistance with site evaluation, lease negotiation, marketing and advertising support and training.
Customized floor plans for decor and equipment placement and specifications are provided as part of our pre-opening support.
Training in our unique One-on-One Program is performed over a three week span in a Penn Station Restaurant.
On-site assistance is provided during the intial weeks your store is open.
ASSISTANCE AFTER YOUR RESTAURANT OPENING
Our Area Supervisors consult with the franchisees regularly, work on site with the management staff and provide guidance in the areas of operations, marketing, food preparation techniques and cost management.
We negotiate national purchase contracts with approved suppliers for food, equipment and other services which offer you the benefit of lower costs.
All vendor rebates taken as income by many franchisors are used to offset the product cost to the franchisee or retained in a National Fund for the direct benefit of the Penn Station® System.
MARKETING AND ADVERTISING SUPPORT
Pre and Post Grand Opening Planning
Applicable ongoing national and local advertising co-op support
Broadcast and Print Creative
In-store POS materials
National Website and Email Programs
COMMITMENT TO QUALITY OPERATIONS
Our unique General Manager and ownership program is the backbone of our system and provides the framework for instilling a true owner's mentality in your franchise. An "Owner-Operator" mentality behind the counter results in the highest quality product and service provided to our customers.
The Penn Station Operating Manual is our template for success. It defines our systems, techniques and policies which ensure that all customers receive the same high-quality dining experience at each and every unit.
A Franchise Advisory Council provides a forum for franchisees to offer suggestions and input towards improving the system which positively impacts operations and customer relations.
SINGLE AND MULTI-UNIT OPPORTUNITIES
We are looking for entrepreneurs with prior restaurant experience, seeking growth opportunities for their capital in a proven system with potential for expansion.
Franchise opportunities are available throughout the Midwest and Southeast United States. Under certain circumstances, we may consider granting franchises outside these areas.