Charleys Philly Steaks vs Atlantic City Sub Shops Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Atlantic City Sub Shops Franchise
Investment $253,231 - $637,568$100,000 - $275,000
Franchise Fee $24,500$15,000
Royalty Fee 6%5%
Advertising Fee 0.25%-
Year Founded 19861986
Year Franchised 19911995
Term Of Agreement 10 years3 years
Term Of Agreement 10 years3 years
Renewal Fee $5K-


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Atlantic City Sub Shops Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Charleys Philly Steaks Franchise
    Atlantic City Sub Shops Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    Charleys Philly Steaks Franchise
    Atlantic City Sub Shops Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 60 hours Available at headquarters, Available at franchisee's location
    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, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicksAd 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)

    		 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 13 - 15

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

    Expansion Plans
     
    Charleys Philly Steaks Franchise
    Atlantic City Sub Shops 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 Atlantic City Sub Shops

    Brett Perlman, Scott Perlman and Santo Formica founded Atlantic City Sub Shops in 1986, opening their first store in Egg Harbor Township, New Jersey, just west of the shoreline destination. From that location, the partners began serving submarine sandwiches for customers who would eat in, take out or order delivery.

    The company overnights sandwiches made in the Egg Harbor store to customers who don't have an Atlantic City Sub Shop location near them.