Start-Up Costs and Fees |
||
| Penn Station East Coast Subs | Toastique | |
| Investment | 383844 - 613764 | 280750 - 482200 |
| Franchise Fee | ||
| Royalty Fee | to8% | |
| Advertising Fee | 2-3% | |
| Year Founded | 1985 | 2018 |
| Year Franchised | 1988 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Penn Station East Coast Subs | Toastique | |
| Experience | ||
Financing Options |
||
| Penn Station East Coast Subs | Toastique | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Penn Station East Coast Subs | Toastique | |
| Training | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours | |
| 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 | |
Expansion Plans |
||
| Penn Station East Coast Subs | Toastique | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Penn Station East Coast Subs | |
| Toastique | |
| Franchise Fee | |
| Penn Station East Coast Subs | |
| Toastique | |
| Royalty Fee | |
| Penn Station East Coast Subs | to8% |
| Toastique | |
| Advertising Fee | |
| Penn Station East Coast Subs | 2-3% |
| Toastique | |
| Year Founded | |
| Penn Station East Coast Subs | 1985 |
| Toastique | 2018 |
| Year Franchised | |
| Penn Station East Coast Subs | 1988 |
| Toastique | 2019 |
| Term Of Agreement | |
| Penn Station East Coast Subs | 5 years |
| Toastique | |
| Renewal Fee | |
| Penn Station East Coast Subs | $2,500 |
| Toastique | |
Business Experience Requirements |
|
| Experience | |
| Penn Station East Coast Subs | |
| Toastique | |
Financing Options |
|
| Franchise Fees | |
| Penn Station East Coast Subs | No |
| Toastique | No |
| Start-up Costs | |
| Penn Station East Coast Subs | |
| Toastique | |
| Equipment | |
| Penn Station East Coast Subs} | |
| Toastique | |
| Inventory | |
| Penn Station East Coast Subs | |
| Toastique | |
| Receivables | |
| Penn Station East Coast Subs | |
| Toastique | |
| Payroll | |
| Penn Station East Coast Subs | |
| Toastique | |
Training & Support |
|
| Training | |
| Penn Station East Coast Subs | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours |
| Toastique | |
| 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 |
| Toastique | |
| Marketing | |
| Penn Station East Coast Subs | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Toastique | |
| Operations | |
| Penn Station East Coast Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
| Toastique | |
Expansion Plans |
|
| US Expansion | |
| Penn Station East Coast Subs | |
| Toastique | 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 |
| Toastique | |
| International Expansion | |
| Penn Station East Coast Subs | |
| Toastique | |