Charleys Philly Steaks vs Capt. Sub Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Capt. Sub Franchise
Investment $253,231 - $637,568$120,000 - $160,000
Franchise Fee $24,500$20,000
Royalty Fee 6%-
Advertising Fee 0.25%-
Year Founded 19861972
Year Franchised 19911972
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Capt. Sub Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Charleys Philly Steaks Franchise
    Capt. Sub 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
    Capt. Sub 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
    Capt. Sub Franchise
    US Expansion Yes-
    Canada Expansion NoYes
    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 Capt. Sub

    "The Toast Masters!"

    Capt. Sub is the right concept at the right time.

    The sandwich category is exploding in foodservice and Capt. Sub is poised to offer customers what they are looking for - value, quality products, served hot and fresh.

    Since our inception on Kent Street in Charlottetown back in 1972, over the past 5 decades Capt. Submarine has become known as THE authentic Atlantic Canadian sub franchise. You’ll find the proof right there on top of our freshly baked breads; we offer the kinds of flavours and recipes that Atlantic Canadians love.The Captain Submarine is considered, by industry standards, a low investment compared to many other similar systems. The Capt. Sub brand franchise offers a good return on investment for successful operators. Grinner's Food Systems Limited has been franchising in Canada for over 25 years. Based in Atlantic Canada, their executives are well versed in what Canadians want. Grinner's has one of the largest franchise service infrastructure systems in Eastern Canada with over 30 people at Head Office, always available to assist you in your day-to-day operations. Grinner's offers volume purchasing, quality professional marketing materials and operational expertise that are second to none in the Canadian Foodservice arena. Grinner's Food Systems Limited is the Franchisor of the highly successful 159-unit Greco Pizza Restaurant chain.