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Penn Station East Coast Subs company history timeline

1985

Jeff took his innovative ideas on quick service dining to downtown Cincinnati where he opened his first Penn Station® Restaurant in 1985.

1988

In 1988, Jeff's vision for an upscale, quick -service dining experience revolving around "fresh ingredients and display cooking" was formulated into a franchising concept.

2014

The Rise And Fall Of Penn Station was a Public Broadcasting documentary, which first aired on February 28, 2014.

2016

As recently as early 2016 an article in Forbes by Justin Shubow, entitled "It's Time To Rebuild New York's Original Penn Station," argues for the restoration of the original terminal albeit slightly altered to meet today's technological and modern needs.

2020

Before the pandemic struck in March 2020, 60% of its sales was consumed off premises.

2021

Because of the pandemic and its ensuring supply chain and construction delays, its rapid expansion slowed down in 2021 when only four new locations debuted.

To entice new franchisees in 2021, it offered, in newer, less established markets, a deal with zero percent royalty for six months and 50% off initial franchise fees.

2022

But it expects to pick up speed in 2022 and anticipates 18 to 25 openings.

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Founded
1985
Company founded
Headquarters
Milford, OH
Company headquarter
Founders
Jeff Osterfeld
Company founders
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Penn Station East Coast Subs competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Sonic Drive-In1953$423.6M5,0004,478
Culver's1984$3.2B20,000585
Qdoba1995$437.2M16,0001,137
Cook Out1989$125.0M13,000-
Firehouse Subs1994$695.0M2,0001,633
Jason's Deli1976$500.0M50114
Jersey Mike's Subs1956$6.3M801,768
Quiznos1981$170.0M1,500-
Subway1965$16.1B5,000711
White Castle1921$720.6M10,000434

Penn Station East Coast Subs history FAQs

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Penn Station East Coast Subs may also be known as or be related to Penn Station, Penn Station East Coast Subs, Penn Station Inc, Penn Station Inc. and Penn Station, Inc.