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Updated RecentlyPenn Station East Coast Subs vs Toastique Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Penn Station East Coast Subs vs Toastique 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 | $280,750 - $482,200 |
| Franchise Fee | $25,000 | $45,000 |
| Royalty Fee | to8% | - |
| Advertising Fee | 2-3% | - |
| Year Founded | 1985 | 2018 |
| Year Franchised | 1988 | 2019 |
| 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 | - | 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 Toastique
!["Toastique]("https://fddexchange.com/wp-content/uploads/2021/01/Toastique.jpg")
A fresh new take on a beloved favorite, Toastique elevates toast from
classic side dish to health-focused power meal. In doing so, we’ve
created a business model that has done what few health food franchises
have before it - generated over $1 million in the first year of operation!
Our customizable gourmet toasts provide guests with a wholesome, convenient
meal option that can’t be found at any other fast-casual restaurant.
Along with an array of all-natural smoothies, cold-pressed juices, and
açaí bowls, Toastique’s unique menu of healthy, grab-and-go meals and
snacks makes us truly unlike any other health-focused franchise on
earth.
The estimated initial investment necessary to begin operation of a Toastique Restaurant under a Franchise Agreement is $280,750 to $482,200. This includes $57,000 to $60,000 that must be paid to the
franchisor or its affiliates.
The estimated initial investment necessary
to begin operation of a Toastique Restaurant under a Franchise
Agreement with a 1-3 Multi-Franchise Addendum is $330,750 to $532,200.
This includes $107,000 to $110,000 that must be paid to the franchisor
or its affiliates.
The initial investment necessary to begin operation
of a Toastique Restaurant under a multi-unit development agreement
depends on the number of Restaurants that you are authorized to develop
and is $379,750 to $614,200. This includes $111,000 to $147,000 that
must be paid to the franchisor or its affiliates and a development fee
of $33,000 for each additional Restaurant that you are authorized to
establish under the multi-unit development agreement.