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Updated RecentlyCharleys Philly Steaks vs NYC Bagel & Sandwich Shop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Charleys Philly Steaks vs NYC Bagel & Sandwich Shop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $253,231 - $637,568 | $119,000 - $208,000 |
| Franchise Fee | $24,500 | $29,500 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 0.25% | $300 - $600 |
| Year Founded | 1986 | - |
| Year Franchised | 1991 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | On-The-Job Training: 120 hours Classroom Training: 60 hours | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu |
| 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 | NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas. |
| Marketing | Co-op advertising, Ad slicks | NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location. |
| 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 |
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| US Expansion | Yes | 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
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#126 in Franchise 500 for 2020.
#294 in Franchise 500 for 2021.
About NYC Bagel & Sandwich Shop
Looking for a food franchise that has incredible growth potential and over 20 years of proven success?
Look No Further. NYC Bagel & Sandwich Shop, the #1 bagel and sandwich franchise in the country could be the franchise opportunity you have been looking for!!
At NYC Bagel & Sandwich Shop, we take great pride in our food and our exceptional franchise opportunity. We strive to provide our franchisees with the best tools and knowledge to run a successful local business, and we encourage owners to learn the skills that will allow them to own multiple units.
NYC Bagel & Sandwich Shop is the brainchild of an enterprising upstate New Yorker who saw the opportunities back in 1994 for making inroads in the franchise fast-food market. Now, you can find a NYC Bagel Franchise location in an area near you up and down the east coast and even out to Texas.
Look No Further. NYC Bagel & Sandwich Shop, the #1 bagel and sandwich franchise in the country could be the franchise opportunity you have been looking for!!
At NYC Bagel & Sandwich Shop, we take great pride in our food and our exceptional franchise opportunity. We strive to provide our franchisees with the best tools and knowledge to run a successful local business, and we encourage owners to learn the skills that will allow them to own multiple units.
NYC Bagel & Sandwich Shop is the brainchild of an enterprising upstate New Yorker who saw the opportunities back in 1994 for making inroads in the franchise fast-food market. Now, you can find a NYC Bagel Franchise location in an area near you up and down the east coast and even out to Texas.
What Makes NYC Bagel & Sandwich Shop Franchise Bagels Taste So Good?
- All NYC Bagel & Sandwich Shop locations get the bagels delivered to your store par-baked, so you don't have to "make them", just bake them. It's all in the New York water. You will be getting a "True New York Bagel" baked fresh daily no matter where you are across the US, ensuring you are getting a hot/fresh bagel each and every day.
- All NYC Bagel & Sandwich Shop locations get the bagels delivered to your store par-baked, so you don't have to "make them", just bake them. It's all in the New York water. You will be getting a "True New York Bagel" baked fresh daily no matter where you are across the US, ensuring you are getting a hot/fresh bagel each and every day.
- All NYC Bagel Franchise locations use premium Boars Head Meats and Cheese
products to live up to the "Sandwich Shop" name. With breakfast and
lunch served ALL DAY, who wouldn't want to go to NYC Bagel &
Sandwich Shop all hours of the day?
Why is NYC Bagel & Sandwich Shop growing rapidly across the US?
- Great Food
- Location Flexibility
- Low Investment, Start-Up Costs & Fees
- Location Flexibility
- Low Investment, Start-Up Costs & Fees
- Proven Operational and Control Systems