Charleys Philly Steaks Franchise

Quick-service restaurant specializing in Philadelphia cheesesteak sandwiches


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.

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Please Note: The operators of Charleys Philly Steaks, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Charleys Philly Steaks website.

How much does it cost to open a Charleys Philly Steaks Franchise?

The investment required to open a Charleys Philly Steaks Franchise is between $225,581-$532,172. There is an initial franchise fee of $24,500 which grants you the license to run a business under the Charleys Philly Steaks name.

Individual Unit Costs

  • Initial Investment:
    $225,581-$532,172
  • Initial Franchise Fee:
    $24,500
  • Royalty Fee:
    6%
  • Advertising Fee:
    0.25%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $5K


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Charleys Philly Steaks News & Press Releases

When did the first Charleys Philly Steaks open? 1986
When did Charleys Philly Steaks start Franchising? 1991

United States: Nationwide

International: Worldwide

Expense In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

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

Number of employees needed to run franchised unit: 20

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Business Experience:

  • General business experience

  • Your income potential as a Charleys Philly Steaks Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

    Listing Tags

    fast food, restaurant, sandwich, cheesesteak, charleys grilled subs
    Charleys Philly Steaks Franchise Opportunity viewed 10719 times by investors.

    Legal Disclaimer: This information is not a franchise offering for Charleys Philly Steaks and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Charleys Philly Steaks franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Charleys Philly Steaks

    Charleys Philly Steaks

    Charley's Grilled Subs
    2500 Farmers Dr., #140
    Columbus, OH
    43235

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