From the Penny University website: The first coffeehouses that originated in London in the 17th century were called Penny Universities. People would pay a penny to enter and once inside had access to coffee, the company of others, newspapers, bulletins and the latest news and gossip. So, who are we? Frankly, we are your modern day Penny University. We aren’t interested solely in bearded hipsters who munch on kale – at Penny’s everyone is welcome. We want you to come in, feel at home, and leave with enlightened taste buds.