Charleys Philly Steaks vs East Coast Subs Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
East Coast Subs Franchise
Investment $253,231 - $637,568$99,000 - $175,000
Franchise Fee $24,500$12,500
Royalty Fee 6%6%
Advertising Fee 0.25%4%
Year Founded 19861991
Year Franchised 19912008
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K20% of current franchise fee


Business Experience Requirements
 
Charleys Philly Steaks Franchise
East Coast Subs Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Charleys Philly Steaks Franchise
    East Coast Subs Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Charleys Philly Steaks Franchise
    East Coast Subs Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 60 hours We offer support & training that is covered in detail in our Franchise Disclosure Document and Operations Manual.
    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 Platform-
    Marketing Co-op advertising, Ad slicks-
    Operations

    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
     
    Charleys Philly Steaks Franchise
    East Coast Subs 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 East Coast Subs

    NO LONGER FRANCHISING

    East Coast Subs was opened in Murray, Utah on November 1, 1991. It was initially set up as an association amongst Ray and Carla Quintana, a couple. The Murray area is still claimed and worked by the Quintanas, who together have over 60 years involvement in the eatery business. An East Coast Subs Franchisee will offer astounding Philadelphia style subs and other sustenance things. We are best known for our steak subs, and the best way to truly comprehend is to have one. When you do you will comprehend why our clients continue returning. Clients are offered a few assortments of steak subs and different sandwiches, each of which comes in 2 sizes with 2 sorts of bread to browse. Sandwiches are made by client's wishes.