Penn Station East Coast Subs Achieves Notable Franchise Ranking
Penn Station East Coast Subs Climbs in National Ranking
Penn Station East Coast Subs, renowned for its delicious grilled subs and crispy hand-cut fries, has made notable strides in its franchise performance. The brand has achieved recognition by ascending six positions on the Franchise Times Top 400 list, currently holding the impressive rank of No. 208.
Commitment to Excellence
According to Lance Vaught, the President of Penn Station East Coast Subs, this achievement underscores the dedication of their corporate team, franchise affiliates, and loyal customers. He stated, "It is a privilege to secure a position once again on the Franchise Times Top 400 list," emphasizing the integral role that trust and commitment play in their success.
Overview of the Franchise Times Top 400
This annual ranking evaluates franchise systems based on their systemwide sales from the previous year. With over 320 locations across the United States, Penn Station collectively reported an impressive $267 million in sales in the previous year, reflecting a $3 million increase from the year before.
Understanding Customer Needs
Craig Dunaway, the COO, highlighted that a core factor fueling their achievements lies in understanding customer behavior and enhancing experiences. "It is critical for brands to understand how customers order," he explained, noting the recent launch of a loyalty app designed to deepen customer engagement while simplifying the ordering process.
Quality Ingredients and Unique Offerings
For nearly 40 years, Penn Station has pridefully served high-quality ingredients in its sandwiches while ensuring a unique dining experience. Their menu, featuring irresistibly crafted sandwiches, includes hand-squeezed lemonade, freshly baked bread, and premium meats that are prepared right in front of customers. This commitment to quality has positioned them as a competitive player in the fast-casual dining arena.
Success on Multiple Platforms
The accolade of being included in the Franchise Times Top 400 is just one of the recent achievements for Penn Station. The brand also received recognition in Franchise Business Review's list of Most Profitable Franchises and was named a contender in QSR Magazine's Top QSR Contenders for 2024, further solidifying its standing among leading fast-casual franchises.
About Penn Station East Coast Subs
Founded in 1985 by Jeff Osterfeld, the brand has evolved into a leading sandwich franchise with over 320 locations nationwide. Penn Station East Coast Subs does not just focus on serving sandwiches; it emphasizes delivering quality and taste through every bite. The dedication to providing high-quality products has led them to earn numerous accolades throughout the years.
Recently Acclaimed Franchise Performance
The Franchise Times Top 400 is a critically recognized survey rating the largest franchise-based businesses. To qualify, a franchise must be a legal U.S. corporation, and at least 10 percent of its units are franchise-owned. This year’s rankings were the result of a rigorous evaluation process focused on the performance and sales figures of franchises from the past year.
Frequently Asked Questions
1. What prompted Penn Station to climb the franchise rankings?
Penn Station climbed the rankings due to increased sales and customer engagement strategies, which include launching a new loyalty app.
2. How does the Franchise Times Top 400 ranking work?
The Franchise Times Top 400 ranks franchises based on systemwide sales from the previous year, emphasizing their growth and market presence.
3. What are some unique menu items offered by Penn Station?
Penn Station offers freshly grilled subs, hand-squeezed lemonade, and fresh-cut fries, all made to order.
4. Who founded Penn Station East Coast Subs?
Jeff Osterfeld founded the franchise in 1985, with the first franchise established three years later.
5. How many locations does Penn Station have?
As of now, there are over 320 Penn Station East Coast Subs locations across the United States.
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