Penn Station Subs was founded in 1985 by Jeff Osterfeld. He already owned Jeffrey’s Deli in Ohio, but while on a trip to Philadelphia, Pennsylvania, he discovered the Philly cheesesteak sandwich. He tried out the recipe at his deli and found that the popularity was overwhelming. He opened his first Penn Station Sub shop in Cincinnati, Ohio.
Today, Penn Station Subs operates a chain of sandwich shops which feature the cheesesteak sandwich, 14 different sandwiches, hand-cut French fries, sourdough bread, salads, and fresh squeezed lemonade. As of 2015, the company had 308 franchises in 15 states.
The company was named #146 on Entrepreneur Magazine’s list of Top 500 Franchises in the US. In mid-2018, Penn Station Subs announced that it planned an aggressive expansion of their locations, including tripling the number of restaurants in Philadelphia, Pennsylvania.
Headquarters are located in Milford, Ohio.