Are you considering the prospect of owning a catering franchise restaurant? Whether it’s a banquet occasion, an office celebration or even just a casual gathering, catering helps feed large groups. It can be a savvy market to get into. According to an Expert Market Research (EMR) report, the United States’ catering market size is estimated to grow at a CAGR of nearly 6% between 2023 and 2028, bringing the entire market value to more than $99 billion by 2028. Here are a few perks to owning a catering restaurant.
1. Diversified Revenue Streams
Just owning a restaurant or just owning a catering business may not allow you to fully tap into the potential sales opportunities from both sides. The catering franchise restaurant model can be a way to diversify income channels by adding a valuable convenience service to customers. A standalone catering business may sometimes be at risk to seasonality and other business fluctuations. A restaurant business that offers dine-in, to-go and catering options is positioned to serve customers year-round with catering as an added component.
2. Amplified Revenue Potential
A Nation’s Restaurant News article published in October 2022 by Alicia Kelso, reports before the pandemic, catering was outpacing overall industry growth by 50%. Plus, catering, according to the same article, can sometimes represent up to 20% of sales at a restaurant. When you only have a restaurant operation with no catering services, you might miss out on additional business opportunities off your premises. From local gatherings to corporate functions and private celebrations, a restaurant that offers catering can serve many different events and potentially increase revenue streams.
3. Operational Efficiency
When you own and operate an existing restaurant without catering capabilities, adding the service could be a challenge. New equipment, extra staff and new menu options might all have to be added. However, with a deli franchise model such as Penn Station East Coast Sub’s, efficiency is always key. You cater what you already prepare from your menu, so there is no need for extra equipment. Our franchises are built to include catering as a service to local consumers. While integrating catering into an existing restaurant may sometimes be a big challenge to tackle, a Penn Station East Coast Subs sandwich franchise is already prepared to cater to hungry customers on and off-premises. Your regular operations seamlessly integrate with catering services, ensuring impeccable service, streamlined logistics, and cost-effective management.
Penn Station East Coast Subs Caters to You Too
At Penn Station East Coast Subs, catering is more than an additional service; it’s an extension of our brand’s commitment to quality. The Party Sub Trays house 20 party-sized Deli Subs – perfect for feeding any hungry crowd. Our box lunches come complete with a full lunch and can feed any crowd on the go. And, of course, no Penn Station East Coast Subs experience would be complete without our warm cookies and fresh-squeezed lemonade. Our delicious food and efficient processes ensure our franchisees have the catering opportunities to harness more revenue. If you’re looking for a catering business for sale but want to cash in on all the rest a traditional restaurant can offer too, Penn Station East Coast Subs may be for you.
Penn Station East Coast Subs caters to hungry crowds at special events and we cater to our franchisees too!. Our ongoing support system includes:
- Site selection
- Restaurant design and construction support
- IT and online ordering
- Operations and training
- Marketing
- Financial reporting
Ready to get started with more than a restaurant? Request information today to become a Penn Station East Coast Subs franchise owner.
The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document. Certain jurisdictions require registration prior to the offer or sale of a franchise. We only offer franchises in jurisdictions where we are registered or are exempt from registration. Penn Station, Inc. 1226 US Highway 50, Milford, OH 45150. Penn-Station.com
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