---
title: "Management Group Buys 18 Penn Station East Coast Subs Restaurants In Ohio"
url: https://burnaze.com/article/e4e5bb31-26ed-42f1-ad58-3bec006db665
source: "Franchising.com"
original_url: https://www.franchising.com/articles/management_group_buys_18_penn_station_east_coast_subs_restaurants_in_ohio.html
author: "Multi-Unit Franchisee"
category: "Sandwich & sub"
industry: "Restaurants"
segment: "Sandwich & sub"
published: 2019-10-10T09:00:00.000Z
modified: 2026-11-01T04:12:28.853Z
image: https://imgs.franchising.com/art/articles/4881_plate.jpg
---

# Management Group Buys 18 Penn Station East Coast Subs Restaurants In Ohio

**TL;DR:** Quaker Hospitality Holdings has purchased 18 Penn Station East Coast Subs restaurants in Ohio, expanding their portfolio in the Dayton and Cincinnati areas. The group, led by Andrew Brennan, Lachlan McLean, and Keith Gavin, now operates 14 Penn Station restaurants in Dayton and four in Cincinnati's suburbs.

*By Multi-Unit Franchisee, originally published in Franchising.com on 2019-10-10. [Read the original](https://www.franchising.com/articles/management_group_buys_18_penn_station_east_coast_subs_restaurants_in_ohio.html).*

## Story

Quaker Hospitality Holdings has purchased 18 Penn Station East Coast Subs restaurants in Ohio. The group is led by Andrew Brennan, Lachlan McLean, and Keith Gavin. They now operate 14 Penn Station restaurants in the Dayton area and four more in the suburbs of Cincinnati.

"We were looking for a strong brand with community engagement and existing profitable operations, and we found that with these restaurants," said Brennan. "We're eager to support the continued growth of these restaurants and to use our investment experience, including substantive fast casual restaurant experience, as hands-on owners." McLean added, "I appreciate the strength of the Penn Station brand and its product and service reputation.

As we dug deeper, the culture of the business impressed me. The team we have inherited is tremendous, and this business fits perfectly with our investment strategy." Brennan and McLean have extensive backgrounds in investment banking and business acquisition.

Quaker Hospitality Holdings' managing owner is Keith Gavin, who has been involved with the Penn Station brand for 24 years. The Cincinnati-based Penn Station East Coast Subs now has more than 310 locations in 14 states including Ohio, Georgia, Illinois, Indiana, Kansas, Kentucky, Michigan, Missouri, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia.

## Entities

- Franchising.com (publication)
- Restaurants (sector)
- franchise expansion (topic)
- fast casual (topic)
- Multi-Unit Franchisee (person)
- ohio (location)
- cincinnati (location)
- Penn Station (company)
- Dayton (location)
- restaurant acquisition (topic)

---
Originally reported by Multi-Unit Franchisee, Franchising.com (https://www.franchising.com/articles/management_group_buys_18_penn_station_east_coast_subs_restaurants_in_ohio.html). Summarized by Burnaze (https://burnaze.com/article/e4e5bb31-26ed-42f1-ad58-3bec006db665).