Charleys Philly Steaks vs The Wow! What a Sub!! Boyz Subs & Steaks Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Charleys Philly Steaks vs The Wow! What a Sub!! Boyz Subs & Steaks including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Charleys Philly Steaks Franchise
The Wow! What a Sub!! Boyz Subs & Steaks Franchise
Investment $253,231 - $637,568$187,500 - $249,000
Franchise Fee $24,500$17,500
Royalty Fee 6%4%
Advertising Fee 0.25%-
Year Founded 19861990
Year Franchised 19912004
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee $5K50% of then franchise fee


Business Experience Requirements

 
Charleys Philly Steaks Franchise
The Wow! What a Sub!! Boyz Subs & Steaks Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Charleys Philly Steaks Franchise
    The Wow! What a Sub!! Boyz Subs & Steaks Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/Yes
    Payroll No/YesNo/Yes

    Training & Support

     
    Charleys Philly Steaks Franchise
    The Wow! What a Sub!! Boyz Subs & Steaks 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 PlatformGrand opening, Security/safety procedures, Field operations/evaluations
    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)

    Absentee ownership of franchise is allowed.


    Expansion Plans

     
    Charleys Philly Steaks Franchise
    The Wow! What a Sub!! Boyz Subs & Steaks Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    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 The Wow! What a Sub!! Boyz Subs & Steaks

    NO LONGER FRANCHISING

    In 1989, two business visionaries restless to construct an independent venture acknowledged there was a clear requirement for a sub/sandwich shop that exemplified quality. In view of this the idea is offer just crisp cut meats and cheeses just before your eyes and permitting every client to see their sandwich made to their own inclination.

    For more than 20 years and serving more than one million clients, organizers Ken Mark still yearning to bring each client unprecedented subs and steaks day by day. Stop in today and appreciate a really awesome sub or steak of your decision.