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Updated RecentlyPenn Station East Coast Subs vs The Halal Guys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Penn Station East Coast Subs vs The Halal Guys 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 | $231,600 - $834,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | to8% | - |
| Advertising Fee | 2-3% | - |
| Year Founded | 1985 | 1990 |
| 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 | - | 5-10 Units Minimum Commitment · $1M liquid capital · $2M total net worth. Liquidity Note: Franchisees must have clear access to at least $1M for the minimum 5-unit franchise, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores. |
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 | Yes |
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 The Halal Guys
The world famous The Halal Guys has created major global buzz with media and fans alike after announcing franchise deals for 225 new units in their first year of franchising! The concept originated with a humble food cart in Manhattan in 1990, and quickly grew into a leading tourist and native New Yorker destination for mouth-watering American Halal fare, including their signature chicken, gyro and falafel platters over rice and their world-famous white sauce. This original food cart is known as NYC's never-ending line! Due to overwhelming consumer demand and constant requests from fans, The Halal Guys is now franchising worldwide.
Franchisees must have clear access to at least $1M for the minimum 5-unit franchises, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores.
Franchisees must have clear access to at least $1M for the minimum 5-unit franchises, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores.