ScorecardWorth It?HistoryDatabaseDistress Signals
QSRItem 19: ✓ DisclosedHigh Confidence · 85/100FDD data: 2023 · Stale

Penn Station - Initial Filings Franchise Cost and Profit

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.

FranchiseIQ Score
53
C
Moderate Risk
Composite score from 3 risk dimensions. Click for breakdown ↓
Full analysis unlocks:
✓ Cash-on-Cash return
✓ Payback period
✓ SBA default rate
✓ Red flags assessment
✓ Comparable franchises
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Cost and profit at a glance

How much does a Penn Station - Initial Filings franchise cost and make?

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.

Startup Cost
$367K – $820K
Total initial investment
Profit / Revenue
$71K
FDD Item 19 signal
Payback Signal
8.4 years
Modeled return metric
SBA Default Rate
No matched SBA history
Loan repayment history
Compare franchise costs →Estimate franchise ROI →Check SBA default rates →Browse QSR franchises →Compare similar franchises →

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.

Free decision snapshot

Before you talk to Penn Station - Initial Filings, check the numbers buyers usually miss.

The unlocked report ties this brand's FDD disclosures to SBA outcomes, Item 20 movement, fee load, missing-data labels, and buyer assumptions — so you can decide whether this is worth deeper diligence.

FDD disclosure qualitySBA default outcomesItem 20 unit movementFee/cost stressComparable brands
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Penn Station - Initial Filings Franchise Analysis

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

Total Investment Range$367K – $820K
MinMid: $593KMax

Key Metrics

Franchise Fee
$25K
Royalty Rate
8%
Ad Fund Rate
3%
Total Burden
11.0%
Royalty + ad fund
Units (2023)
7
Net Unit Growth
→ -
Year over year
Cash-on-Cash Return
11.9%
Annual estimated return
Payback Period
8.4 yrs
Break-even timeline
SBA Default Rate
~3–8%
Fewer than 50 loans on record
Median Revenue
$785K
Item 19 disclosed
Red Flags Assessment
MEDIUM: Royalty burden above 10% · LOW: Single-year corpus
MED ×1LOW ×1
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CoC ReturnPayback PeriodSBA Default RateMedian RevenueEbitda MarginRisk Score
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Estimated using sector-average margins. Actual franchise economics vary by location, operator, and market conditions.

Penn Station - Initial Filings vs. QSR Average

MetricPenn Station - Initial FilingsQSR Avg
SBA Default Rate - 9.4%
Cash-on-Cash Return11.9%▼14.2%
Total Investment$593K$380K

Industry averages based on FranchiseIQ corpus benchmarks. ▲ = better than avg, ▼ = worse.

Penn Station - Initial Filings Franchise FAQs

Common questions buyers ask about Penn Station - Initial Filings, answered from FDD and SBA data.

How much does a Penn Station - Initial Filings franchise cost?

The total initial investment for a Penn Station - Initial Filings franchise ranges from $367K to $820K, according to their Franchise Disclosure Document.

What are Penn Station - Initial Filings franchise royalty fees?

Penn Station - Initial Filings charges a 8% royalty fee on gross sales.

What is the Penn Station - Initial Filings franchise fee?

The initial franchise fee for Penn Station - Initial Filings is $25,000.

How many Penn Station - Initial Filings franchise locations are there?

There are approximately 7 Penn Station - Initial Filings franchise locations as of 2023.

How much profit does a Penn Station - Initial Filings franchise make?

The median revenue for a Penn Station - Initial Filings franchise is $785K, with a cash-on-cash return of 11.9%, according to FDD Item 19 data.

What is the SBA loan default rate for Penn Station - Initial Filings?

SBA loan default rate data for Penn Station - Initial Filings is not currently available in the SBA database.

Is a Penn Station - Initial Filings franchise worth it?

Whether a Penn Station - Initial Filings franchise is worth it depends on total startup cost, royalty burden, FDD Item 19 economics, SBA loan performance, and local operator execution. FDDIQ compares these signals against similar franchises so buyers can screen the opportunity before paying for diligence.

Similar Franchises · QSR

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$427K – $2.3M
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Questions to Ask Before You Sign

5 data-driven questions every Penn Station - Initial Filings franchise buyer should ask.

  1. 1.What is Penn Station - Initial Filings's SBA default rate compared to its competitors?Learn more →
  2. 2.Does Penn Station - Initial Filings disclose Item 19 financial performance representations?Learn more →
  3. 3.What is the net unit growth trend over the past 3 years?Learn more →
  4. 4.What is the franchisee termination and transfer rate per Item 20?Learn more →
  5. 5.What do the FDD litigation disclosures (Item 3) reveal about franchisor legal history?Learn more →
Generate attorney questions for Penn Station - Initial Filings →Validation call guide →
Data sourced from publicly filed Franchise Disclosure Documents (FDDs) submitted to state franchise regulators. SBA loan data from public SBA 7(a) records. Information reflects the most recent FDD filing in our database and may not reflect current terms. Always verify with the franchisor's current FDD before making any investment decision. Not legal or financial advice.

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