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Updated RecentlyPenn Station East Coast Subs vs Shuckin' Shack Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Penn Station East Coast Subs vs Shuckin' Shack 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 | $252,700 - $841,750 |
| Franchise Fee | $25,000 | $45,000 |
| Royalty Fee | to8% | 3.5-5.5% |
| Advertising Fee | 2-3% | 1.5% |
| Year Founded | 1985 | 2007 |
| Year Franchised | 1988 | 2014 |
| 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 | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/Yes | -/Yes |
| Payroll | No/Yes | -/Yes |
Training & Support |
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| Training | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours | On-The-Job Training: 80 hours Classroom Training: 64 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line 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 | Ad Templates 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 | Absentee Ownership Allowed Number of Employees Required to Run: 20 |
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 Shuckin' Shack
!["Shuckin]("https://fddexchange.com/wp-content/uploads/2020/08/Shuckin-Shack-300x103.jpg")
When the founders opened the first Shuckin’ Shack in 2007, their goal was to provide the highest quality seafood and drinks while removing all the pre-conceived notions of only getting great food a few times per year. Opening the second location in Historic Wilmington in 2012 brought similar success, even in a market flooded with seafood restaurants, taverns, and bars. One thing remained clear - Shuckin’ Shack was different than the tired “fry it all” seafood houses found all over the Southeastern United States. After a warm reception and a number of awards, as well as being featured in Coastal Living Magazine’s “22 Best Seafood Dives in America,” 2014 brought a new adventure: franchising. Sticking with the same mantra that brought two successful restaurants in North Carolina,
Shuckin’ Shack Oyster Bar can now be found in multiple states with over a dozen locations. The formula that works for “The Shack” can be found in their mission statement: “To show each guest ‘A Good Shuckin’ Time’ through fresh seafood, high-quality spirits, and exceptional customer service.”
Are you ready to bring ‘A Good Shuckin’ Time’ to your community?
Seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District
of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas,
Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri,
Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New
Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South
Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia and Wyoming