Question 1

Is Penn Station East Coast Subs or Sub Station II cheaper to open?

Accepted Answer

Penn Station East Coast Subs costs $473,793–$764,940 and Sub Station II costs $318,000–$926,000 to open (FDD Item 7). Sub Station II has the lower entry cost.

Question 2

Which earns more, Penn Station East Coast Subs or Sub Station II?

Accepted Answer

Penn Station East Coast Subs reports $815,155 average annual unit revenue vs $600,466 for Sub Station II (FDD Item 19). Penn Station East Coast Subs is higher. For Penn Station East Coast Subs: Reported as net sales, not gross sales. For Sub Station II: Reported as net sales, not gross sales.

Question 3

Which is safer, Penn Station East Coast Subs or Sub Station II?

Accepted Answer

SBA 7(a) charge-off rate is 0.0% for Penn Station East Coast Subs and 30.0% for Sub Station II. Lower is safer, so Penn Station East Coast Subs has the stronger loan-repayment record.

Question 4

Which is the better franchise, Penn Station East Coast Subs or Sub Station II?

Accepted Answer

FranchiseVerdict grades Penn Station East Coast Subs A and Sub Station II C, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Metric	Penn Station East Coast Subs	Sub Station II
Verdict Grade	AStrongest tier	CAverage
Investment Range	$474K – $765K	$318K – $926K
Franchise Fee	$25K	$20K
Royalty Rate	2.0%	5.0%
Average Revenue (Item 19)	$815K	$600K
SBA Charge-Off Rate	0.0% (14 loans)	30.0% (13 loans)
Total Units	322	35
Unit Growth (YoY)	-1 units	+1 units
Year Began Franchising	1987	1976
FDD Year	2025	2026

Penn Station East Coast Subs vs Sub Station II