Charleys Philly Steaks vs Carusos Sandwich Company Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Carusos Sandwich Company Franchise
Investment $253,231 - $637,568$110,000 - $250,000
Franchise Fee $24,500$30,000
Royalty Fee 6%-
Advertising Fee 0.25%-
Year Founded 1986-
Year Franchised 1991-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Carusos Sandwich Company Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Charleys Philly Steaks Franchise
    Carusos Sandwich Company Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/-
    Start-up Costs No/YesNo/-
    Equipment No/YesNo/-
    Inventory No/YesNo/-
    Receivables No/YesNo/-
    Payroll No/YesNo/-

    Training & Support
     
    Charleys Philly Steaks Franchise
    Carusos Sandwich Company 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
    Carusos Sandwich Company 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 Carusos Sandwich Company

    Our goal is to help people run profitable businesses that contribute to a healthy lifestyle for the owners, employees and community. We will work "hands on" with the store owners to ensure that successful operating policies and procedures are passed on.Caruso's Franchise Corporation is more than a company, We are a family! Quality food, great service, a fun atmosphere, and a great work environment create a quality business.