Franchise FAQ

how much philly cheese steak franchise

by Trace Kihn PhD Published 1 year ago Updated 1 year ago
image

What does a Philly’s Best Cheesesteaks Franchise Cost? Total Investment $211,500 - $426,000 Cash Required $100,000

Charleys Philly Steaks is one of the most affordable franchise opportunities in the QSR industry. The total cost to invest in a Charleys Philly Steaks franchise ranges from $242,137 to $668,000.

Full Answer

How much is a Charley's cheesesteak franchise?

Charleys Philly Steaks charges a franchise fee of First unit is $24,500 ($15,000 for each additional unit). They also offer financing via 3rd party as well as a discount for veterans (50% off of the Initial Franchise Fee).

How much does it cost to open a Charleys Philly steak?

Charleys Philly Steaks Franchise Costs & FeesName of FeeLowHighInitial Franchise Fee$24,500$24,500Leasehold Improvements$100,000$580,000Equipment/Furniture/Fixtures$60,931$180,000In-Restaurant Music/Media System$0$1,20010 more rows

How much do charleys franchise owners make?

The estimated total pay for a Franchise Owner at Charleys Philly Steaks is $107,310 per year.

How much is a Philly's best franchise?

What our franchisees say about Philly's Best >ExpenditureEstimated RangeFranchise Fee$38,000Royalties6% of Gross SalesMarketing Fund Fee2% of Gross SalesInitial Investment$221,500-$436,000

What is the cost of a Subway franchise?

How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.

Who owns Charley's cheesesteaks?

Charley ShinCharleys Philly Steaks founder and CEO Charley Shin tasted his first Philly Cheesesteak back in 1985 while attending The Ohio State University. As a young undergrad with an appetite for success, Shin knew he wanted to share this sandwich experience with others in a big way.

How many Philly's best locations are there?

A uniquely Philly brand and concept, Philly's Best has grown to 21 locations throughout California. For more information, visit the company's website at www.eatphillysbest.com, call (949) 206-9724, “Like” them on Facebook, or follow on Instagram and Twitter.

About Us

Charleys Philly Steaks was founded in 1986 by our CEO, Charley Shin, and has since become the world’s largest Philly cheesesteak franchise.

Our opportunity

Our 30+ years of experience in franchising means that we have significant experience in helping our franchise owners select the perfect location. This is why we have developed several restaurant models to offer our franchise owners flexibility and versatility.

Ideal Candidate

If you’re passionate about owning a business that provides an authentic philly cheesesteak experience in your community, we want to talk to you!

Bring Authentic Philly's Best Cheesesteaks to YOUR Town!

For over 20 years, Philly's Best Cheesesteaks has remained committed to our tradition of delivering the authentic Philadelphia cheesesteak experience to our loyal customers. From our award-winning cheesesteaks to our mouth-watering hoagies, our proprietary recipes and ingredients set us apart from our competition.

About

Since 1992, Philly's Best Cheesesteaks served millions of award-winning Philly cheesesteaks! Real Philly...Real Good.

Training and Support

Helping you succeed as a Philly's Best Cheesesteak store owner is our #1 priority.

Ideal Owners

We're looking for energetic entrepreneurs with the passion, people skills and commitment to build a successful business. Previous restaurant experience is a plus but is not required. We are awarding franchises across the US.

Growth Opportunities

Philly's Best Cheesesteaks has locations throughout southern California, and opportunities exist on a nationwide basis. If you're interested in a specific area, please inquire today.

Other Franchises Looking For Owners Like You in Washington

Own the World’s #1 Math-Only Tutoring Center, With a Proven Record of Success, for Under $150K.Mathnasium offers a low-cost investment, simple startup, and a proven business model with a successful track record. For under $150K, you receive an exclusive,…

How Much Does A Charleys Philly Steaks Franchise Cost?

Do you find yourself craving for thinly-sliced beefsteak and melted cheese in a soft hoagie roll every now and then? You’re surely not alone! No wonder Charleys Philly Steaks is a sought-after franchise nationwide.In this article, we’ll discuss Charleys Philly Steaks franchise cost as well as the duties that come with opening your own store.

What is The Mr. Appliance Franchise Cost?

For your home and office appliance needs and repairs, there’s only one name you can trust if you’re in the United States or Canada. Mr. Appliance is a reliable company with decades of experience. The company has been offering franchising opportunities since 1996. So, if you want a money-making venture, learn more about Mr.

What is The Real Cost of A Lemonshark Poke Franchise?

Fast-casual restaurants are profitable franchises because of their tried-and-tested business model. Big-name fast-casual restaurants like Subway, McDonald’s, and KFC can become an easy choice. However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run.

Overview

To open a location, you should have $15,000 available as liquid capital.

Related

Cheese Steak is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $20,000 .

Charleys Philly Steaks Franchise Is A Low

Going into business for yourself is one of the most important decisions youll ever have to make but it doesnt have to break the bank. Charleys Philly Steaks is committed to helping as many entrepreneurs thrive in business as possible by keeping the barriers to entry low.

About Charleys Philly Steaks

Charleys Philly Steaks foFranchises Under and CEO Charley Shin tasted his first Philly Cheesesteak back in 1985 while attending The Ohio State University. As a young Franchises Undergrad with an appetite for success, Shin knew he wanted to share this sandwich experience with others in a big way.

Charleys Philly Steaks Corporate Office

Charleys Signature Philly Cheesesteaks Make Up Just One Portion Of Our Incredible Menu Try One Of Our Grilled Subs Today

Charleys Philly Steaks Menu Prices

Charleys Philly Steak menu includes Philly steak deluxe, Philly ham and swiss, Philly ham and swiss, grilled steak, Philly snack and many other items.

Charleys Philly Steaks Jobs And Careers

At Charleys Philly Steaks restaurants, basic restaurant jobs are available in addition to management jobs that are more complex. The most popular entry-level jobs at Charleys Philly Steaks are cashier, teammember, cook, and sandwichmaker.

Obligations And Terms Of Agreement

The franchisee must appoint a principal owner, one who has the capabilities to handle the operational responsibilities. Their responsibilities only extend to a managerial capacity, to which they are expected to dedicate their full time to. They should also at least own 50% of voting rights and equity.

Sba Loan For Charleys Philly Steaks Details

Please visit the SBA Loan Franchise Directory for the latest details on each franchise and its SBA loan eligibility.

Company Overview

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 Grilled Subs at Ohio State University. The then-22-year-old's restaurant became an instant hit with professors and students.

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Charleys Philly Steaks franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Franchise 500 Ranking History

Compare where Charleys Philly Steaks landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Charleys Philly Steaks ranked on other franchise lists? Find out below.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9