Charleys Philly Steaks vs Jerry's Subs & Pizza Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Charleys Philly Steaks vs Jerry's Subs & Pizza including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Jerry's Subs & Pizza Franchise
Investment $253,231 - $637,568$250,000 - $350,000
Franchise Fee $24,500$25,000
Royalty Fee 6%6%
Advertising Fee 0.25%-
Year Founded 19861954
Year Franchised 19911980
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee $5K$25K


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Jerry's Subs & Pizza Franchise
Experience
  • General business experience

  • General business experience
  • Good interpersonal skills
    		•

    Financing Options
     
    Charleys Philly Steaks Franchise
    Jerry's Subs & Pizza Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Charleys Philly Steaks Franchise
    Jerry's Subs & Pizza Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 60 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformNewsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicksCo-op advertising
    Operations

    Number of employees needed to run franchised unit: 20

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

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    Expansion Plans
     
    Charleys Philly Steaks Franchise
    Jerry's Subs & Pizza Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    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.







    About Jerry's Subs & Pizza

    The first Jerry's Subs opened in Wheaton, Maryland, in 1954, selling over-stuffed submarine sandwiches and New York-style pizza. Since it started franchising in 1980, the company has grown to include locations along the East Coast, as well as in the Caribbean and Central America.