Penn Station East Coast Subs vs Pretzel Time Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Penn Station East Coast Subs vs Pretzel Time including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Penn Station East Coast Subs Franchise
Pretzel Time Franchise
Investment $383,844 - $613,764$145,000 - $254,000
Franchise Fee $25,000$25,000
Royalty Fee to8%7%
Advertising Fee 2-3%1-3%
Year Founded 19851991
Year Franchised 19881992
Term Of Agreement 5 years7 years
Term Of Agreement 5 years7 years
Renewal Fee $2500-


Business Experience Requirements
 
Penn Station East Coast Subs Franchise
Pretzel Time Franchise
Experience --

Financing Options
 
Penn Station East Coast Subs Franchise
Pretzel Time Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/YesNo/Yes
Start-up Costs No/YesNo/Yes
Equipment No/YesNo/Yes
Inventory No/YesNo/Yes
Receivables No/YesNo/No
Payroll No/YesNo/No

Training & Support
 
Penn Station East Coast Subs Franchise
Pretzel Time Franchise
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 Franchise
Pretzel Time Franchise
US Expansion --
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Penn Station East Coast Subs

We pride ourselves in developing the best concept for our consumers and our franchisees. Unlike other concepts we run ONE company unit. Our focus is solely on you and growing your business. Our food is unmatched and cravable and we don’t tamper with what works. This keeps operations simple. We cultivate an owner mentality in all aspects of our operation - this is how we consistently produce unparalleled Return on Investment.
Ranked as one of the top 200 Franchise Opportunities in the U.S. by Entrepreneur Magazine in its 2007 Annual Franchise 500 listing. Ranked #1 Restaurant Franchise Company by Success Magazine in its October 2000 Annual ranking of the top 200 American franchises. Ranked as one of the top 40 Movers and Shakers by Fast Causual Magazine in its 2007 and 2008 Annual Movers and Shakers listing.

#271 in Franchise 500 for 2020.

About Pretzel Time

Pretzel Time introduced their famous soft pretzel in 1991 and have grown to become leaders in the soft pretzel category, specializing in offering steaming hot, fresh-baked, fresh twisted pretzels, pretzel dogs, freshly squeezed lemonade, and cold beverages all over the world. Pretzel Time operates over 190 stores located in 30 states and five international locations. NexCen added Pretzel Time to its QSR segment in August 2007. With the brand's commitment to fresh quality products and innovative new menu items, NexCen's marketing and branding experts will build the pretzel business beyond "just the pretzel concept in the mall," into a unified brand with strong positioning, a product innovation focus and a compelling look and feel. NexCen plans to elevate the pretzel business in consumers' minds in both the domestic and international marketplace. For more information, please visit www.pretzeltime.com