After meeting with Penn Station management for the first time, I was immediately impressed with their attention to detail and strong systems. Their continuous emphasis on the systems along with the solid return on investment has allowed me to grow with the concept.
– Bob Shingleton | 13 Unit Penn Station Franchisee | Lexington & St. Louis
Qualifications
We’ve developed a strategy proven over Twenty Seven years that supports our Franchisees.
Our Franchisees have a passion for the restaurant industry and all embrace a commitment to growing and enhancing the Penn Station brand.
Our best candidates have investment capital in place and are driven to build profitable Penn Station restaurants utilizing our proven system.
We require the full time operating partner to have a minimum of 3 years restaurant management experience.
Candidates must meet the following minimum requirements:
Single Unit
- Liquid Investment Capital of $150,000
- Net Worth of $300,000
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Multi Unit
(3-5)- Liquid Investment Capital of $350,000
- Net Worth of $600,000
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Multi Unit (5+)
- Liquid Investment Capital of $500,000
- Net Worth of $900,000
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The total investment necessary to begin operation of a Penn Station franchise (excluding the amount of any territory fee) ranges from $301,822 to $484,040. This includes the $25,000 franchise fee that must be paid to Penn Station, Inc.