Charleys Philly Steaks vs Primo Hoagies Franchise Comparison

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

Start-Up Costs and Fees
 
Charleys Philly Steaks Franchise
Primo Hoagies Franchise
Investment $253,231 - $637,568$215,500 - $554,500
Franchise Fee $24,500$15,000
Royalty Fee 6%6%
Advertising Fee 0.25%2%
Year Founded 19862002
Year Franchised 19912002
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Charleys Philly Steaks Franchise
Primo Hoagies Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Charleys Philly Steaks Franchise
    Primo Hoagies Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/Yes-/Yes
    Payroll No/Yes-/Yes

    Training & Support
     
    Charleys Philly Steaks Franchise
    Primo Hoagies Franchise
    Training On-The-Job Training: 120 hours Classroom Training: 60 hours On-The-Job Training: 112 hours Classroom Training: 8 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 PlatformPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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
    Primo Hoagies 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 Primo Hoagies

    We are very enthused and excited to be able to offer, to certain qualified individuals, an opportunity to purchase one of a limited number of PrimoHoagies franchises. Our venture into franchising has been made possible, and somewhat necessitated, by an increasingly hard to manage workload at our existing locations. This is the result of a growing recognition and demand for our product in the outlying areas of Philadelphia.
     
    This offer presents the opportunity to own and operate your own business, with the security of having a name and product recognition that is well established, along with a formula that has proven to be greatly successful. Through on-going consultation, you will benefit greatly from the knowledge and expertise provided by the people who originated PrimoHoagies and subsequently established it as one of the most popular retail food institutions throughout the area and beyond.  
     
     
    We enthusiastically believe that our unique and diverse menu, along with our widespread reputation for unconditional quality, will be a springboard for success in this franchise opportunity. We will not, however, make any claims of instant prosperity based solely on the reputation that Primo has established up to this point. The end result will ultimately depend on your diligent work and total commitment to achieve success in your business and eventually reap the benefits of your accomplishments.

    Seeking franchisees for strategic national growth.
    Veteran Incentives  10% off franchise fee