Taste of Philly vs Barry's Cheesesteaks Franchise Comparison

One item that has made Philadelphia famous and has been enjoyed by its natives is the hoagie. It reflects the strong presence of Italian heritage that began primarily in South Philadelphia, around the original colonial settlements. Some will dispute its origin, but no one can dispute its popularity there and in the surrounding region. Legend has it that the name involves Philadelphia’s Hog Island and originated during World War I. Italian shipyard workers combined meats and cheeses on long rolls and named them after the island. Others contend that the sandwich size was enough to fill a hog. While the legend, either this or others, may not be real, the strong ties to the community are undeniable.

Each of our restaurants is individually owned and operated. We are always looking to open new restaurants and expand. A dozen high-volume stores currently stretch from Denver to Colorado Springs, and Taste of Philly is now looking beyond Colorado. We have a good market in Denver, and we are going to take a more rapid approach to expanding.

Offers franchises to operate a quick-serve restaurant offering authentic Philly Cheesesteaks, burgers and wings, as well as the opportunity offer catering and/or delivery where appropriate designed by Barry’s Cheesesteaks under the trade name Barry’s Cheesesteaks and More. The franchisor offers 2 purchase options: a Single Unit Franchise or a Multi-Unit Development Agreement, under which you must open a minimum of two locations within a specified period of time.

The total investment necessary to begin operation of a single unit Barry’s Cheesesteaks and More franchised business is between $223,262 and $427,267. This includes between $30,000 and $40,000 that must be paid to the franchisor or its affiliate(s).
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.

The total estimated initial investment under a Multi-Unit Development Agreement for two outlets, including the costs to build and equip the first outlet is $235,762 to $439,767. This includes $42,500 to $52,500 that must be paid to the franchisor and/or its affiliates.