Charleys 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

 
Charleys Philly Steaks Franchise
NYC Bagel & Sandwich Shop Franchise
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

 
Charleys Philly Steaks Franchise
NYC Bagel & Sandwich Shop Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Charleys Philly Steaks Franchise
    NYC Bagel & Sandwich Shop 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
    NYC Bagel & Sandwich Shop Franchise
    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 PlatformNYC 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 slicksNYC 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

     
    Charleys Philly Steaks Franchise
    NYC Bagel & Sandwich Shop 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 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. 

    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 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
    - Proven Operational and Control Systems