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Updated RecentlyPenn Station East Coast Subs vs Sofi's Crepes Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Penn Station East Coast Subs vs Sofi's Crepes 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 | $106,033 - $254,500 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | to8% | 6% |
| Advertising Fee | 2-3% | 2% local +1%Nat'l |
| Year Founded | 1985 | - |
| Year Franchised | 1988 | - |
| Term Of Agreement | 5 years | 5 years+5+5+5 |
| Term Of Agreement | 5 years | 5 years+5+5+5 |
| 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 | The initial training covers all material aspects of the operations of a SOFI'S CREPES franchise and is comprised of classroom and on-the-job training. |
| 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 | SOFI'S CREPES offers you the opportunity to operate a restaurant offering quickly prepared specialty crepes and a variety of other delicious European and internationally inspired foods and beverages in a pleasant and comfortable environment in which customers can see the crepes being made. |
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 Sofi's Crepes
Delicious and versatile, crepes can be
described as "the ultimate French comfort
food." Perhaps this helps explain why the
joy of crepes has spread across the Atlantic
to America!
Of equal consideration,
today's customers are increasingly
sophisticated and value-conscious, profiles that crepes answer to nicely.
Additional trends shaping the restaurant industry are convenience, cuisines and favors, and healthful options.
Crepes offer a healthy,
reasonably priced, tasty alternative to "fast food," eliminating the need to sacrifice quality and nutrition to satisfy our love of fast and fresh.Sofi's Crepes support the "green" movement, which is growing in
restaurants nationwide.
In addition to global benefits, following "green"
practices can help minimize costs and
improve the bottom line.
The creation of crepes consumes few production
resources; a plus for our environment, a convenience for franchise operators, and a refection of our core beliefs.
Among other wise practices, Sofi's recycles, uses predominantly
fresh ingredients and sources from local vendors, whenever
possible. The "green" concept resonates with customers as well; when diners who enjoy the food and wonderful service, find out a restaurant is also green, a loyal customer is born!
In crafting the Sofi's concept, Ann did her homework, which included traveling to France to visit crepe shops and talk with their owners.
The result is a fluid
business system that serves as a blueprint for operating a Sofi's Crepes cafe.
When you are awarded a Sofi's Crepes franchise, you'll use this system to create a delightful cafe of your own!