Charleys Philly Steaks vs Big Town Hero Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Big Town Hero Franchise
Investment $253,231 - $637,568$73,550 - $245,200
Franchise Fee $24,500$20,000
Royalty Fee 6%-
Advertising Fee 0.25%-
Year Founded 19861982
Year Franchised 19911989
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Big Town Hero Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Charleys Philly Steaks Franchise
    Big Town Hero Franchise
      In-House/3rd PartyIn-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
     
    Charleys Philly Steaks Franchise
    Big Town Hero 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 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
     
    Charleys Philly Steaks Franchise
    Big Town Hero Franchise
    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

    ""  "Entrepreneur
    #126 in Franchise 500 for 2020.
    #294 in Franchise 500 for 2021.







    About Big Town Hero

    Our story begins in 1981: Big Town Hero was then just a twinkle in the eye of a young college student. His idea: to provide a healthy, better-tasting alternative to fast-food restaurants - a sandwich shop that served great food with great service to match.

    Our founder created his experience in the sandwich business in the college town of Corvallis, Oregon. His unique, fresh sandwiches on homemade bread were an immediate success, and the Big Town legend was born (Campus Hero back then).

    Today, Big Town Hero is a culinary destination throughout the western United States; each store features an on-site bakery where we prepare our fabulous, famous bread efficiently from scratch daily. Our stores are growing as fast as our reputation: The Ultimate Sandwich is back and better than ever!

    Through our growth and expansion, one thing will always remain unchanged - our unwavering commitment to fresh quality and legendary service.