Start-Up Costs and Fees |
||
| Penn Station East Coast Subs | Repicci's Italian Ice | |
| Investment | 383844 - 613764 | 40350 - 162850 |
| Franchise Fee | ||
| Royalty Fee | to8% | $3,600 per year |
| Advertising Fee | 2-3% | |
| Year Founded | 1985 | 1998 |
| Year Franchised | 1988 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Penn Station East Coast Subs | Repicci's Italian Ice | |
| Experience | ||
Financing Options |
||
| Penn Station East Coast Subs | Repicci's Italian Ice | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Penn Station East Coast Subs | Repicci's Italian Ice | |
| Training | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours | * Available at headquarters: 3 days * At franchisee's location: 2 days |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | * Franchise can be run from home * Number of employees needed to run franchised unit: 1 - 2 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Penn Station East Coast Subs | Repicci's Italian Ice | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion | Argentina, Brazil, Canada, Chile, Colombia, Ecuador, Mexico, Peru, Venezuela |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Penn Station East Coast Subs | |
| Repicci's Italian Ice | |
| Franchise Fee | |
| Penn Station East Coast Subs | |
| Repicci's Italian Ice | |
| Royalty Fee | |
| Penn Station East Coast Subs | to8% |
| Repicci's Italian Ice | $3,600 per year |
| Advertising Fee | |
| Penn Station East Coast Subs | 2-3% |
| Repicci's Italian Ice | |
| Year Founded | |
| Penn Station East Coast Subs | 1985 |
| Repicci's Italian Ice | 1998 |
| Year Franchised | |
| Penn Station East Coast Subs | 1988 |
| Repicci's Italian Ice | 2005 |
| Term Of Agreement | |
| Penn Station East Coast Subs | 5 years |
| Repicci's Italian Ice | 10 years |
| Renewal Fee | |
| Penn Station East Coast Subs | $2,500 |
| Repicci's Italian Ice | $2,000 |
Business Experience Requirements |
|
| Experience | |
| Penn Station East Coast Subs | |
| Repicci's Italian Ice | |
Financing Options |
|
| Franchise Fees | |
| Penn Station East Coast Subs | No |
| Repicci's Italian Ice | No |
| Start-up Costs | |
| Penn Station East Coast Subs | |
| Repicci's Italian Ice | |
| Equipment | |
| Penn Station East Coast Subs} | |
| Repicci's Italian Ice | |
| Inventory | |
| Penn Station East Coast Subs | |
| Repicci's Italian Ice | |
| Receivables | |
| Penn Station East Coast Subs | |
| Repicci's Italian Ice | |
| Payroll | |
| Penn Station East Coast Subs | |
| Repicci's Italian Ice | |
Training & Support |
|
| Training | |
| Penn Station East Coast Subs | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours |
| Repicci's Italian Ice | * Available at headquarters: 3 days * At franchisee's location: 2 days |
| Support | |
| Penn Station East Coast Subs | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Repicci's Italian Ice | |
| Marketing | |
| Penn Station East Coast Subs | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Repicci's Italian Ice | |
| Operations | |
| Penn Station East Coast Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
| Repicci's Italian Ice | * Franchise can be run from home * Number of employees needed to run franchised unit: 1 - 2 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Penn Station East Coast Subs | |
| Repicci's Italian Ice | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Penn Station East Coast Subs | 0 |
| Repicci's Italian Ice | |
| International Expansion | |
| Penn Station East Coast Subs | |
| Repicci's Italian Ice | Argentina, Brazil, Canada, Chile, Colombia, Ecuador, Mexico, Peru, Venezuela |