Penn Station East Coast Subs: Initiating At Strong Buy

TheFranchiseHound:

Sector Summary: The Sandwich category is a highly competitive sector within the food industry. Competition is fierce and consists of both franchised and non-franchised outlets. Generally, sandwich stores are easy to operate and only demand a limited number of employees. With that said, the revenue potential is also limited due to the sector catering mainly to lunch crowds only. Generally speaking, we like the sector because stores are scalable, easy to operate and training times are lower than other sectors.

Investment Summary: Penn Station East Coast Subs is mostly a Midwest brand with over 230 locations. Most locations are located in Indiana, Ohio and Kentucky. There are a lot of good reasons to invest in this brand given the high quality operations and focus on the franchise model. Read on.

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