Charleys Philly Steaks vs Sub Connection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Charleys Philly Steaks vs Sub Connection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$253,231 - $637,568 | $198,175 - $362,350 |
Franchise Fee |
$24,500 | $19,500 |
Royalty Fee |
6% | 5% |
Advertising Fee |
0.25% | 2% |
Year Founded |
1986 | 1999 |
Year Franchised |
1991 | 2004 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$5K | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
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 | - |
Operations |
Number of employees needed to run franchised unit: 20
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
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
#126 in Franchise 500 for 2020.
#294 in Franchise 500 for 2021.
About Sub Connection
Sub Connection lets you get in on toasted subs and the healthy, fresh
appeal of this quick service segment. Customers want fresh-made food
with healthy ingredients...just what you'll serve up at your own
SubConnection restaurant.
- Sub Connection offers flexible build-out options, including an express model for food courts.
- Subs are a major component of the quick service segment, with solid
performance and steady growth. With over 90 locations nationwide
already, SubConnection has market visibility and is poised for rapid
growth.
- We offer ongoing brand development.
- We offer a broad range of menu categories and choices so you can tailor your product mix to your market and cover all dayparts.
- You get the resources of a leading global foodservice provider behind
you in systems development, procurement, product development and
marketing.
Sub Connection includes a variety of cold subs, wraps, salads, soup and breakfast items. Don't forget toasted subs, the latest and hottest trend!