F&M Deli Express vs Charleys Philly Steaks Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of F&M Deli Express vs Charleys Philly Steaks including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
F&M Deli Express Franchise
Charleys Philly Steaks Franchise
Investment $145,000 - $285,000$253,231 - $637,568
Franchise Fee $30,000$24,500
Royalty Fee 5%6%
Advertising Fee -0.25%
Year Founded 19681986
Year Franchised 20051991
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee 50% of then franchise fee$5K


Business Experience Requirements

 
F&M Deli Express Franchise
Charleys Philly Steaks Franchise
Experience -
  • General business experience

  • Financing Options

     
    F&M Deli Express Franchise
    Charleys Philly Steaks Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    F&M Deli Express Franchise
    Charleys Philly Steaks Franchise
    Training -On-The-Job Training: 120 hours Classroom Training: 60 hours
    Support Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertisingCo-op advertising, Ad slicks
    Operations

    Absentee ownership of franchise is allowed.

    Number of employees needed to run franchised unit: 20

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    F&M Deli Express Franchise
    Charleys Philly Steaks Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About F&M Deli Express

    NO LONGER FRANCHISING

    About Charleys Philly Steaks

    Visits to his relatives near Philadelphia inspired Charley Shin's entrepreneurial spirit, and he saw his future in cheesesteak sandwiches. In 1986, Shin opened his first Charley's Steakery at Ohio State University. The then-22-year-old's restaurant became an instant hit with professors and students. Since then Shin has expanded to locations nationwide. In 1999, he was named Entrepreneur of the Year by Ernst & Young.

    The #1 Cheesesteak in the World

    The total investment necessary to begin operation of CPS Restaurant is $253,231 to $570,540 (excluding real estate and related costs). This includes $24,500 that must be paid to the franchisor.
    The total investment necessary to begin operation of a CPSC Restaurant is $458,996 to $637,568 (excluding real estate and related costs). This includes $24,500 that must be paid to the franchisor.

    Veteran Incentives   50% off franchise fee

    ""  "Entrepreneur
    #126 in Franchise 500 for 2020.
    #294 in Franchise 500 for 2021.