Franchise Facts Report

Franchise Facts Reportbrands → East Coast Subs | Penn Station | Penn Station, East Coast Subs

East Coast Subs | Penn Station | Penn Station, East Coast Subs franchise — is it worth it?

Quick-service restaurant · FDD-based assessment · registered 2024

Risk level — in the report

East Coast Subs is a quick-service restaurant franchise with a growing network and a moderate investment range of $507,500 to $858,750.

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Total initial investment
$507,500 – $858,750
Above the quick-service restaurant median · median $555,750
Initial franchise fee
FDD Item 5
Royalty
8%
FDD Item 6
Item 19 earnings
Disclosed
figures locked
Litigation (Item 3)
Disclosed
in Item 3
Outlet network
322 units
+4 last year
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Figures above are as disclosed in East Coast Subs | Penn Station | Penn Station, East Coast Subs's most recent FDD (registered 2024). Source: California Dept. of Financial Protection and Innovation — Franchise Registration · filing app-31614. The risk level, the Item 19 figures, how it compares to peers, and the litigation & churn detail are in the full report.

How much does a East Coast Subs | Penn Station | Penn Station, East Coast Subs franchise make?

East Coast Subs | Penn Station | Penn Station, East Coast Subs is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The average revenue East Coast Subs | Penn Station | Penn Station, East Coast Subs reports, what that figure does and doesn't include, and where it ranks against quick-service restaurant peers are in the full report. See every quick-service restaurant brand that discloses earnings in the Fast food & quick-service restaurant franchises with disclosed Item 19 earnings ranking.

East Coast Subs | Penn Station | Penn Station, East Coast Subs franchise profit vs. revenue

Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come East Coast Subs | Penn Station | Penn Station, East Coast Subs's 8% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a East Coast Subs | Penn Station | Penn Station, East Coast Subs franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "East Coast Subs | Penn Station | Penn Station, East Coast Subs franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. The full report sets East Coast Subs | Penn Station | Penn Station, East Coast Subs's disclosed revenue against its total ongoing fee load, so you can see what that revenue has to cover before anything reaches you.

East Coast Subs | Penn Station | Penn Station, East Coast Subs lawsuits & legal history (FDD Item 3)

East Coast Subs | Penn Station | Penn Station, East Coast Subs's most recently filed Franchise Disclosure Document (2024) does disclose legal proceedings in Item 3 . Item 3 is the item where a franchisor must put its material legal history on the record. Two things it is not: it covers the franchisor and its predecessors, parents and affiliates, so a disclosed case is not necessarily a suit against East Coast Subs | Penn Station | Penn Station, East Coast Subs itself; and a disclosure is a fact, not a finding of wrongdoing — most entries are contract disputes with former franchisees, which every large system accumulates. The full East Coast Subs | Penn Station | Penn Station, East Coast Subs report lists each case with what it was about and how it ended, separates franchisee disputes from corporate and securities matters, and flags the ones a franchisee started — the split that actually matters, because franchisees suing their franchisor is the signal a buyer is looking for.

East Coast Subs | Penn Station | Penn Station, East Coast Subs closures & failure rate

Before you sign, East Coast Subs | Penn Station | Penn Station, East Coast Subs will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what East Coast Subs | Penn Station | Penn Station, East Coast Subs's most recent filing shows, and whether it's normal for a quick-service restaurant of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. East Coast Subs | Penn Station | Penn Station, East Coast Subs's latest tables show a growing franchised network. The actual closure and termination counts, and how East Coast Subs | Penn Station | Penn Station, East Coast Subs's churn ranks against quick-service restaurant peers, are in the full report.

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The actual Item 19 earnings, every figure ranked against quick-service restaurant peers, litigation and churn detail — emailed as a PDF.

Who owns East Coast Subs | Penn Station | Penn Station, East Coast Subs?

East Coast Subs | Penn Station | Penn Station, East Coast Subs's franchise is offered by Penn Station, Inc. — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2024), and the entity a franchisee actually signs with. That name comes straight off the filing at CA DFPI; it identifies the franchisor, not necessarily the ultimate parent company behind it.

Quick-service restaurant franchises at a similar investment level

Anyone weighing East Coast Subs | Penn Station | Penn Station, East Coast Subs is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

Earl of Sandwich$28,000 – $80,000Egg Drop$201,500 – $311,500Wahoo's Fish Taco$546,500 – $792,500Yogis Grill$436,800 – $903,600 · Item 19 disclosedCopper Branch | Copper Branch Restaurant$493,600 – $849,500Batter Up Pancakes$502,800 – $840,900Lucha Libre$431,000 – $915,000 · Item 19 disclosedMiami Grill$365,000 – $985,000 · Item 19 disclosedBarberitos Franchising Co.$521,000 – $830,360 · Item 19 disclosedSaladworks$590,000 – $764,500 · Item 19 disclosedEgg N Bird$506,000 – $920,000Dos Kimsinvestment not disclosed

East Coast Subs | Penn Station | Penn Station, East Coast Subs franchise — frequently asked

Who owns East Coast Subs | Penn Station | Penn Station, East Coast Subs — who is the franchisor?

East Coast Subs | Penn Station | Penn Station, East Coast Subs's most recently filed FDD (2024) names Penn Station, Inc. as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.

How much does a East Coast Subs | Penn Station | Penn Station, East Coast Subs franchise cost?

East Coast Subs | Penn Station | Penn Station, East Coast Subs's most recently filed FDD (Item 7) puts the total estimated initial investment at $507,500 – $858,750 and a 8% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. The full report breaks down every fee line and benchmarks it against quick-service restaurant peers.

How much profit does a East Coast Subs | Penn Station | Penn Station, East Coast Subs franchise make?

East Coast Subs | Penn Station | Penn Station, East Coast Subs discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties (8% of gross for East Coast Subs | Penn Station | Penn Station, East Coast Subs), the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any East Coast Subs | Penn Station | Penn Station, East Coast Subs franchise profit number quoted elsewhere is an estimate. The full report shows the disclosed revenue against the full ongoing fee load it has to cover.

Does East Coast Subs | Penn Station | Penn Station, East Coast Subs disclose financial performance (Item 19)?

Yes — East Coast Subs | Penn Station | Penn Station, East Coast Subs reports unit-level earnings in Item 19. The full report shows the actual revenue figures and how they rank against quick-service restaurant peers.

Are there lawsuits against East Coast Subs | Penn Station | Penn Station, East Coast Subs?

East Coast Subs | Penn Station | Penn Station, East Coast Subs's most recently filed FDD (2024) discloses legal proceedings in Item 3. Item 3 covers the franchisor, its predecessors, parents and affiliates — so a disclosed case is not necessarily a suit against East Coast Subs | Penn Station | Penn Station, East Coast Subs itself, and a disclosure is not a finding of wrongdoing. The full report lists each case, separates franchisee disputes from corporate and securities matters, and flags the franchisee-initiated ones.

Is East Coast Subs | Penn Station | Penn Station, East Coast Subs a good franchise to buy?

That comes down to how East Coast Subs | Penn Station | Penn Station, East Coast Subs's investment, earnings, litigation and franchisee churn stack up against quick-service restaurant peers — which is exactly what the full report answers. For $99 you get the risk level and what's driving it, the actual Item 19 earnings (disclosed in this FDD), where every figure ranks against peers, and the specific questions to ask the franchisor before you sign.

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Everything the sections above point to, in one place: East Coast Subs | Penn Station | Penn Station, East Coast Subs's risk level and what's driving it, the actual Item 19 earnings, every figure ranked against quick-service restaurant peers, and the litigation & churn detail — with the questions to put to the franchisor before you sign.

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Get a free email when something changes on East Coast Subs | Penn Station | Penn Station, East Coast Subs or quick-service restaurant: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same registries every report is built on.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.