Franchise News
Franchising.com: Penn Station East Coast Subs Finishes 2018 Strong
The sandwich franchise’s president explains what’s next for the brand as it heads into the new year.
Penn Station East Coast Subs is kicking off the new year on a high note. The brand ended 2018 by seeing systemwide sales increase by more than five percent in October and November compared to last year. Penn Station also managed to perform above industry average for the second half of the year.
In a release published on Franchising.com, Penn Station President Craig Dunaway said, “The last 18 months have been a transitional period set to poise Penn Station for growth in the next 5 to 10 years. We expect to open 10 to 15 new restaurants next year, which amounts to 3 to 5 percent growth. Many of these are already planned for 2019 by existing franchisees who see the advantages of continuing to grow with Penn Station. In fact, two franchisees who have been in the system for more than 20 years will open new restaurants in early 2019.”
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