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.

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 Franchise 500 ranking badge for Sky Zone

#126 in Franchise 500 for 2020.

#294 in Franchise 500 for 2021.

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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 $253,231-$637,568. 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:
$253,231-$637,568
Initial Franchise Fee:
$24,500
Royalty Fee:
6%
Advertising Fee:
0.25%
Term of Agreement:
10 years
Renewal Fee:
$5K

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News and Press Releases

Charley's Grilled Subs Adds The Asiago Chicken Caesar Club
Charleys Philly Steaks (and Charley's Grilled Subs) adds the Asiago Chicken Caesar Club to their menu for a limited time through the holiday season. The sub sandwich features Asiago cheese, hickory-smoked bacon, Caesar dressing, sliced chicken, grilled onions, lettuce, and tomato. The price on...

Charleys Ranked Among The Franchise Elite In Entrepreneur's Prestigious 34th Annual Franchise 500
Charleys was recently ranked in Entrepreneur magazine's 2013 Franchise 500, the world's first, best and most comprehensive franchise ranking. Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500 placed Charleys at #91 for its exceptional performance...

Charley's Ranked No. 139 In The Technomic Top 500 Report
Charley's Grilled Subs, the 457-unit franchise best known for its Philly Steak sandwiches, has been ranked No. 139 in an annual list of the top 500 largest U.S. restaurant chains � moving up 44 spots since the ranking last year. According to data released by Technomic Inc., the 500 largest U.S. r...

Charley's Grilled Subs Kicks Off Super Bowl-inspired "grill-iron Classic" Competition
Charley's Grilled Subs, the 450�unit franchise best known for its Philly Steak Sandwiches, is kicking off a new football-themed Facebook campaign just in time for the Super Bowl. The Grill-Iron Classic campaign, which runs from January 16 to February 20, will pit the "champion" East coast Philly...

Charley's Grilled Subs Secures A Spot In The Top 100 In 2012 Entrepreneur's Franchise 500
Charley's Grilled Subs, home of the world's best Philly Steak sandwich for more than 24 years, ranked No. 93 in Entrepreneur magazine's 2012 Franchise 500. Entrepreneur‘s Franchise 500� is the world's first, best and most comprehensive franchise ranking based on objective, quantifiable measu...

Charleys Philly Steaks News & Press Releases

Charleys Philly Steaks Franchise Growth History

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

Charleys Philly Steaks Franchise Expansion Plans

United States: Nationwide

International: Worldwide

Financing Options

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 & Support

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

Business Operations

Number of employees needed to run franchised unit: 20

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

Qualifications & Business Experiences

Business Experience:

General business experience

How much does a Charleys Philly Steaks Franchise owner make?

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

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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.