Charleys Philly Steaks vs Sandwich Tree Restaurants Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Sandwich Tree Restaurants Franchise
Investment $253,231 - $637,568$90,000 - $120,000
Franchise Fee $24,500$10,000 - $17,500
Royalty Fee 6%5%
Advertising Fee 0.25%3%
Year Founded 19861978
Year Franchised 19911979
Term Of Agreement 10 years5 years +5
Term Of Agreement 10 years5 years +5
Renewal Fee $5K-


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Sandwich Tree Restaurants Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Charleys Philly Steaks Franchise
    Sandwich Tree Restaurants 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
    Sandwich Tree Restaurants Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 60 hours Headquarters 2 Weeks
    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 PlatformCentral Data Processing: At Additional Cost

    Central Purchasing

    Field Operation Evaluation

    Field Training

    Initial Store Opening

    Inventory Control

    Franchisee Newsletter

    Regional or National Meetings

    800 Telephone Hotline
    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)

    		Average Number of Employees: 4 Full-time, 7 Part-time

    Passive Ownership: Allowed, But Discouraged

    Expansion Plans
     
    Charleys Philly Steaks Franchise
    Sandwich Tree Restaurants 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 Sandwich Tree Restaurants

    The challenges and rewards of operating your own business are like no other. Franchising will not reduce the fear of taking the next step into operating a business. It will not reduce the time and effort necessary to create success. What franchising offers is a business format that allows you to capitalize on the results of others. It affords the opportunity to be fully equipped to launch and grow within a proven concept. Sandwich tree provides a full service of tools, training, and support to compliment your efforts. The level of independence and success you achieve will be up to you. The benefits associated with Sandwich Tree and the information needed to make an informed decision about your business future are available for the asking. For further information, simply call 604-220-4566