Penn Station East Coast Subs vs Barry's Cheesesteaks Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Penn Station East Coast Subs vs Barry's Cheesesteaks 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
Barry's Cheesesteaks Franchise
Investment $383,844 - $613,764$223,262 - $439,767
Franchise Fee $25,000$30,000
Royalty Fee to8%-
Advertising Fee 2-3%-
Year Founded 19852019
Year Franchised 19882019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2500-


Business Experience Requirements

 
Penn Station East Coast Subs Franchise
Barry's Cheesesteaks Franchise
Experience --

Financing Options

 
Penn Station East Coast Subs Franchise
Barry's Cheesesteaks Franchise
  In-House/3rd PartyIn-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

 
Penn Station East Coast Subs Franchise
Barry's Cheesesteaks 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
Barry's Cheesesteaks Franchise
US Expansion -Yes
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 Barry's Cheesesteaks

"Barrys

"Concept

Offers franchises to operate a quick-serve restaurant offering authentic Philly Cheesesteaks, burgers and wings, as well as the opportunity offer catering and/or delivery where appropriate designed by Barry’s Cheesesteaks under the trade name Barry’s Cheesesteaks and More. The franchisor offers 2 purchase options: a Single Unit Franchise or a Multi-Unit Development Agreement, under which you must open a minimum of two locations within a specified period of time.

The total investment necessary to begin operation of a single unit Barry’s Cheesesteaks and More franchised business is between $223,262 and $427,267. This includes between $30,000 and $40,000 that must be paid to the franchisor or its affiliate(s).
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
The total estimated initial investment under a Multi-Unit Development Agreement for two outlets, including the costs to build and equip the first outlet is $235,762 to $439,767. This includes $42,500 to $52,500 that must be paid to the franchisor and/or its affiliates.