Charleys Philly Steaks vs Melt Shop Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Melt Shop Franchise
Investment $253,231 - $637,568$368,240 - $698,800
Franchise Fee $24,500$35,000
Royalty Fee 6%6%
Advertising Fee 0.25%2%
Year Founded 19862010
Year Franchised 19912017
Term Of Agreement 10 years5 Years +5+5+5
Term Of Agreement 10 years5 Years +5+5+5
Renewal Fee $5K-


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Melt Shop Franchise
Experience
  • General business experience
    		• Melt Shop is seeking well capitalized partners who are entrepreneurial and have a strong knowledge of their market. The ideal franchisee is a proven multi-unit operator in the restaurant industry. At this time we are not offering sub-franchises.

    Financing Options
     
    Charleys Philly Steaks Franchise
    Melt Shop Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    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
    Melt Shop Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 60 hours On-The-Job Training: 224 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 PlatformNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicksCo-op Advertising Ad Templates Regional Advertising Social media 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: 15

    Expansion Plans
     
    Charleys Philly Steaks Franchise
    Melt Shop Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    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 Melt Shop

    Melt Shop believes that one quality, more than any other, determines the success of a concept: the strength of the brand and its connection to guests.
    Melt Shop was built upon that premise
    Seeking multi-unit franchisees with strong restaurant and hospitality experience and a shared dedication to operational excellence who have a strong knowledge of their market. The ideal franchisee is a proven multi-unit operator in the restaurant industry. At this time we are not offering sub-franchises.