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Updated RecentlyPenn Station East Coast Subs vs Au Bon Pain Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Penn Station East Coast Subs vs Au Bon Pain including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $383,844 - $613,764 | $2,000,000 - $3,000,000 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | to8% | 5% |
| Advertising Fee | 2-3% | 2% Marketing commitment |
| Year Founded | 1985 | - |
| Year Franchised | 1988 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $2500 | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
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 Au Bon Pain
Because we want to prepare our franchise partners for optimal success from the beginning, we only sign Area Development Agreements (ADA) based on a territorial market with a minimum unit potential of 10-20 locations. (We do not sell single unit agreements.) This ADA multi-unit potential enables our franchisees to build a significant business in an area with solid earnings potential.
In order to be considered for an Au Bon Pain franchise, you must have the financial and management resources necessary to develop multiple cafes
Criteria include:
* Open cafes in one of the listed expansion areas.
* Offer quality real estate sites in the selected territory.
* Sign an ADA for a minimum of 10 units.
* Have a liquid net worth of $350k per unit, or approximately $2-3M.
* Provide poof of financing from a bank or other financial institution.
* Offer multi-unit restaurant business experience.
* Offer an established management infrastructure within the market you wish to franchise.
* Willingness to adhere to the Au Bon Pain system.
* A strong desire to succeed, work hard and be part of a winning team.