Penn Station, Inc. vs QDOBA RESTAURANT CORPORATION
Compare franchise fees, investment range, royalties, SBA lending performance, unit growth, and Item 19 transparency with a permanent shareable URL.
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Penn Station, Inc.
QSR
Investment
$474K to $765K
Franchise fee
$25,000
Item 19 status
Full Disclosure
Units
322
QDOBA RESTAURANT CORPORATION
QSR
Investment
$477K to $1.1M
Franchise fee
$30,000
Item 19 status
Revenue Only
Units
406
Lower entry cost
Leans left
Based on minimum initial investment.
Better disclosed economics
Even
Uses Item 19 availability and transparency status.
Lower SBA default risk
Even
Treat low-loan brands carefully, sample size matters.
| Metric | Penn Station, Inc. | QDOBA RESTAURANT CORPORATION |
|---|---|---|
Franchise Fee | $25,000 | $30,000 |
Min Investment | $474K | $477K |
Max Investment | $765K | $1.1M |
Royalty Rate | 8.0% | 5.0% |
Ad Fund Rate | 2.0% | 1.3% |
Total Ongoing Burden Royalty plus ad fund when available. | 10.0% | 6.3% |
Median Revenue (Item 19) | $771K | $1.3M |
Cash-on-Cash Return Estimated when revenue and margin assumptions are available. | 3.7% | 10.8% |
Payback Period | 26.8 yrs | 9.2 yrs |
Revenue per Dollar Invested | 1.25x | 1.60x |
Franchised Units | 322 | 406 |
1-Year Net Unit Change | -1 | -2 |
Net Unit Growth Rate | -0.3% | -0.5% |
Net Closure Rate Net closure proxy based on disclosed unit change. | 0.3% | 0.5% |
SBA Default Rate | 0.0% | 0.0% |
SBA Loan Count Use this to judge whether SBA default data is statistically meaningful. | 14 | 16 |
Average SBA Loan Size | $427K | $847K |
Item 19 Status | Full Disclosure | Revenue Only |
Has Item 19 | ✓ Yes | ✓ Yes |
Data Quality Score | 100 | 100 |
What stands out
- • Penn Station, Inc. opens at $474K to $765K, while QDOBA RESTAURANT CORPORATION ranges from $477K to $1.1M.
- • Penn Station, Inc. shows an Item 19 disclosure; QDOBA RESTAURANT CORPORATION shows an Item 19 disclosure.
- • Penn Station, Inc. has 322 franchised units versus 406 for QDOBA RESTAURANT CORPORATION.
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Last updated: April 2026