---
title: "Penn Station Recognized on Franchise Times’ Top 200+ List for 2019"
url: https://burnaze.com/article/ffcc747c-d1bc-49b9-8762-ff53d76a572d
source: "1851 Franchise"
original_url: https://1851franchise.com/penn-station-recognized-on-franchise-times-top-200-list-for-2019-2712328
category: "Sandwich & sub"
industry: "Restaurants"
segment: "Sandwich & sub"
published: 2020-02-19T02:21:35.000Z
modified: 2026-11-01T02:29:50.837Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/62bf1edb36141f114521ec4bb41755791884.jpg
---

# Penn Station Recognized on Franchise Times’ Top 200+ List for 2019

**TL;DR:** Penn Station has been named to the Franchise Times' Top 200+ List for 2019, ranking 242nd in global systemwide sales. The ranking is based on global systemwide sales, using a combination of data and processes including companies' voluntary reports and publicly available data.

*originally published in 1851 Franchise on 2020-02-19. [Read the original](https://1851franchise.com/penn-station-recognized-on-franchise-times-top-200-list-for-2019-2712328).*

## Story

Penn Station has been named to the Franchise Times’ Top 200+ List for 2019, taking the 242nd spot. Now in its 20th year, The Franchise Times Top 200+ annually ranks 500 of the largest franchise systems in the United States according to global systemwide sales, based on last year’s performance. The Top 200+ ranks using a combination of data and processes including companies’ voluntary reports and publicly available data, as well as the franchises’ most recent franchise disclosure documents and SEC filings.

Founded in Cincinnati, Ohio in 1985, Penn Station serves up a variety of East-Coast-inspired, grilled and cold deli sandwiches, using only high-quality ingredients on freshly-baked bread. The sandwich shop’s menu also features fresh-cut fries, hand-squeezed lemonade and chocolate chunk cookies, all made in each restaurant location.

“We’re honored to be included on the Franchise Times Top 200+ list,” said Craig Dunaway, President of Penn Station. “This list is a great resource for candidates looking into franchising opportunities, and we’re proud to be ranked among the best of the best.”

The current initial investment for a Penn Station location ranges from $347,955 to $556,804, with a franchise fee of $25,000.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- franchise ranking (topic)
- Franchise Times (publication)
- award recognition (topic)
- Penn Station (company)
- systemwide sales (topic)
- Craig Dunaway (person)

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Originally reported by 1851 Franchise (https://1851franchise.com/penn-station-recognized-on-franchise-times-top-200-list-for-2019-2712328). Summarized by Burnaze (https://burnaze.com/article/ffcc747c-d1bc-49b9-8762-ff53d76a572d).