Charleys Philly Steaks vs Togo's Eateries, LLC Franchise Comparison

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

Start-Up Costs and Fees

 
Charleys Philly Steaks Franchise
Togo's Eateries, LLC Franchise
Investment $253,231 - $637,568$240,500 - $545,700
Franchise Fee $24,500$30,000
Royalty Fee 6%5%
Advertising Fee 0.25%3%
Year Founded 19861971
Year Franchised 19911977
Term Of Agreement 10 years10 years, renewable
Term Of Agreement 10 years10 years, renewable
Renewal Fee $5K-


Business Experience Requirements

 
Charleys Philly Steaks Franchise
Togo's Eateries, LLC Franchise
Experience
  • General business experience
  • We're looking for franchisees with an entrepreneurial spirit and the willingness to work hard. Franchisees invest in us because they know how great our sandwiches are and how much our loyal guests love them. To invest in our great organization, a single restaurant development requires $150,000 in liquid assets and a net worth of $300,000. Three or more restaurant developments require $450,000 in liquid assets and a net worth of $900,000.

    Financing Options

     
    Charleys Philly Steaks Franchise
    Togo's Eateries, LLC Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/No
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/Yes
    Payroll No/Yes-/Yes

    Training & Support

     
    Charleys Philly Steaks Franchise
    Togo's Eateries, LLC Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 60 hours As Togo's sandwich franchise owner, you and/or your designated manager will be enrolled in an extensive training program that covers all aspects of restaurant operations - running and marketing the business. The training includes eight hours of food safety certification; a week of classroom training at our headquarters in San Jose, which covers business operations, bookkeeping, marketing, and systems for overseeing and managing your business; three weeks of on-the-job operations training at a Togo's restaurant, learning to make sandwiches, manage inventory, and use the point of sale system. On-The-Job Training: 120 hours Classroom Training: 24 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 PlatformOur ongoing support sets Togo's apart. We group our restaurants into three districts: Northern California, Southern California, and New and Emerging Markets. Each group is overseen by a Vice President of Franchise Operations, who manages a team of Franchise Business Consultants. The Franchise Business Consultants help franchisees track key performance indicators, solve operational challenges, and boost performance. We also provide support with: Purchasing 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 advertising, Ad slicksCo-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations

    Number of employees needed to run franchised unit: 20

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

    Number of Employees Required to Run: 14 - 25

    Expansion Plans

     
    Charleys Philly Steaks Franchise
    Togo's Eateries, LLC Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    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 Togo's Eateries, LLC

    Togo's has been a true West Coast original since 1971. Our friendly, non-corporate personality and our demand for fresh, high-quality food has been bringing guests to our sandwich franchises for more than four decades.
    Our sandwich franchise began when a young college student with a big appetite and a little money bought a small sandwich shack in San Jose where he started making sandwiches the way he liked them -- big, made to order and stuffed with fresh ingredients.


    Seeking new franchise units in the following regions/states:
    Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah and Washington
    Veteran Incentives  50% off franchise fee

    "Entrepreneur
    #342 in Franchise 500 for 2020.