FDD-based startup cost, franchise fee, revenue, profit, SBA default rate, and investment risk signals for Penn Station - Initial Filings.
Based on 2023 FDD · 1 filing in corpus
This page is using 2023 FDD source data. Verify the franchisor's current FDD before relying on costs, fees, or Item 19.
Cost and profit at a glance
Based on FDDIQ's FDD corpus, a Penn Station - Initial Filings franchise shows an estimated initial investment of $367K – $820K. Reported owner economics show $71K. Use the links below to compare the cost, revenue, SBA loan history, and ROI against other franchises before you request the full FDD.
Quick fee read: $25K franchise fee · 11% royalty/ad burden. These figures are directional screening data, not a substitute for reading the current FDD and speaking with existing operators.
Penn Station - Initial Filings requires a total initial investment of $367K to $820K (midpoint approximately $593K), with an initial franchise fee of $25K. The ongoing fee burden is 11% (8% royalty plus 3% advertising fund). This is below the industry average of approximately 14.2%, leaving more margin for the operator.
According to Item 19 of the 2023 FDD, the median revenue for Penn Station - Initial Filings locations is $785K. The implied franchisee EBITDA is approximately $71K, based on the margin assumptions disclosed in the FDD. The estimated cash-on-cash return is 11.9% with a payback period of approximately 8.4 years.
Penn Station - Initial Filings operates approximately 7 franchised units.
Prospective franchisees should verify all figures against the most recent FDD, conduct validation calls with multiple existing franchisees, and consult with a franchise attorney before signing any agreement.
Analysis based on 2023 FDD filing. FDDIQ Editorial Team · Methodology
Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.
Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.
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