Charleys Philly Steaks vs Dagwoods Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Dagwoods Franchise
Investment $253,231 - $637,568$200,000 - $250,000
Franchise Fee $24,500$25,000
Royalty Fee 6%6%
Advertising Fee 0.25%3%
Year Founded 1986-
Year Franchised 1991-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Dagwoods Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Charleys Philly Steaks Franchise
    Dagwoods 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
    Dagwoods Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 60 hours

    Hands-on in-store training at one of our locations. You will learn all aspects of management, product preparation, quality and service.

    Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews.

    You will work at a Dagwoods location in Montreal for at least six weeks. During this time, you will learn all aspects of management, product preparation and quality, and service. Once you are ready to open your store, you will be assigned a Dagwoods trainer to ensure that you and your staff are ready to give the best possible service to your valuable customers. You will receive ongoing visits and on-site consultations and reviews. You will attend informative franchisee meetings as well as slicer, safety and service clinics, which are held every six months. Training for you and your staff is of utmost importance for Dagwoods. The key to our success is our great sandwiches, the consistency that we have maintained over the years and our fast and friendly service.
    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
    Dagwoods Franchise
    US Expansion Yes-
    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 Dagwoods

    Follow your dream and become your own boss! Dagwoods is presently seeking dynamic individuals who aren’t afraid of working hard to realize their dreams. These individuals will help maintain the success that Dagwoods has enjoyed for more than 25 years.

    If you’re interested in joining our team of Dagwoods franchisees, here are a few things you should know:

    Dagwoods’ concept is simple and easy to operate. Its low start-up costs and low overhead allow you to develop your business quickly and enjoy the day-to-day interactions with your customers and staff.

    Dagwoods provides all our franchisees with hands-on in-store training at one of our locations. You will learn all aspects of management, product preparation, quality and service.

    Dagwoods offers a popular catering service, allowing you to increase your sales with add-on business that not only helps you add on to the bottom line but also promotes your store in your area. You will also benefit from online catering orders generated through the Dagwoods website.