Charleys Philly Steaks vs Planet Grilled Cheese Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Planet Grilled Cheese Franchise
Investment $253,231 - $637,568$200,000
Franchise Fee $24,500$30,000
Royalty Fee 6%6%
Advertising Fee 0.25%-
Year Founded 19862016
Year Franchised 19912017
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Planet Grilled Cheese Franchise
Experience
  • General business experience
    		• -

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

    Planet Grilled Cheese is an innovative and unique grilled cheese concept. We offer a low-cost and scalable franchise that features gourmet grilled cheese and various delicious treats.

    Our concept was built to respond to the main challenges in the food industry: quality, simplicity and excellent service. Thanks to our unique concept we combine these three keys to success.

    Because of our experience in multiple domains, we are able to provide our franchisees with a complete turnkey business, full assistance and guidance to help you succeed in this new venture.
     
    Veteran Incentives    15% off franchise fee