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Charleys Philly Steaks Franchise Cost

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How Does A Casual Dining Brand Guarantee A Great Guest Experience Consistently While Maintaining A Growth Rate To Establish 1000 Units

Charley’s Philly Steaks

In 2015, Charleys had the hallmarks of an organization that had organically grown from a single unit to several hundred units over the course of 30 years. Charleys technology was a bit out of date with disjointed systems across its ecosystem. They lacked online ordering, mobile ordering, digital consumer engagement, and enterprise back of house systems. They used an Excel sheet for back of house solutions and multiple POS systems, which all lacked enterprise features and functionality.

POS is the lynchpin of a restaurant systems technology, said Matthew Son, Charleys VP of Information Systems. We vetted dozens of the best of breed, as well as up and coming systems. We developed a requirements matrix to methodically evaluate our POS options and narrowed our list to three vendors.

The selection committee did not elect PAR Brink POS Software as the first choice. In performing due diligence and prototyping the first choice, the Charleys team quickly discovered that the other vendor could not deliver many of the promised features. They lacked the stability and strength Charleys required.

Delighted to find that Brink could implement the menu of a sister brand in under 2 weeks and at less than 5% of the implementation cost of the first choice vendor, Charleys methodically rolled out the PAR Brink implementation.

They refined the POS flows and screens, and discovered a 60% performance improvement over the existing POS. .

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.

Aside from that, the franchise should also designate a general manager, who will take over as the principal owner in case they cant fulfill their duties. Theyre also not required to have any voting rights or equity.

As for selling, the franchisees must strictly follow what is mandated by the franchisor. Items such as gaming, vending machines, payphones, ATMs, internet kiosks, mechanical and electrical items are prohibited unless approved by the franchisor.

An initial franchise term for any LemonShark Poke franchise is 10 years. But, the franchisor can grant an additional 10-year period if a franchisee fulfills all requirements.

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.

For the last 30 years, they are committed to quality over the years and it is the worlds no. 1 cheesesteak made with ingredients, like USDA choice steak, all-white meat chicken, all-natural cheeses, and hand-cut vegetables always grilled and fresh.

Apart from steaks, you will find drinks and dessert on the menu, which is affordable and all the dishes lie between $3 to $32. So, without waiting more, lets check out the latest Charleys Philly Steaks menu with prices.

The Cheesesteaks

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Contact Us Today For A Due Diligence On All Current And Past Sba Loans Issued To Charleys Philly Steaks

As part of our due diligence process for franchises, we review the SBA loan success ratio. This is a fundamental indicator for measuring past success for a given franchise brand. We review SBA loan data for the past 30 years . If you engage our services, we will vet Charleys Philly Steaks for items that influence the business success should you decide to buy a Charleys Philly Steaks franchise. The SBA loan success ratio is an important factor we consider along with other items included on our franchise search & due diligence page.

Contact us today

Ideal Candidate & Qualifications

Charleys Philly Steaks Franchise Cost &  Opportunities 2021

We enjoy talking to people who have the same passion for Philly cheese steaks as we do! It’s always been about that love and joy from the first day. If you are already a successful entrepreneur or restauranteur and you like the idea of joining our team of capable owners, then we’ll be happy to discuss opening one or several Charley’s Philly Steaks restaurants with you.While our training is comprehensive and people from all previous walks of life have succeeded at building a Charley’s, if you have marketing and advertising skills, have run a staff of people, especially chefs, and are a great communicator, then we know you’ll be successful in our proven system.

Recommended Reading: Mcdonalds Steak Bagel Sauce Recipe

Charleys Philly Steaks 2021 Franchise Disclosure Document

$29.99

The Franchise Disclosure Document or FDD for Charleys Philly Steaks is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the U.S. Download the latest FDD for the Charleys Philly Steaks franchise here.

  • Charleys Philly Steaks 2021 FDD
  • Essential document for potential franchisees or buyers of a Charleys Philly Steaks franchise
  • In-depth legal framework of the Charleys Philly Steaks franchise
  • Great resource for investors, private equity firms, franchisors

Detailed Estimates Of Charleys Philly Steaks Franchise Costs Based On Item 7 Of Charleys 2021 Franchise Disclosure Document

  • Except as otherwise noted, none of these payments are refundable. The cost estimates are approximate amounts for a Restaurant your actual costs may vary.
  • The franchisor does not offer financing for your initial investment. The availability and terms of financing with third party lenders will depend on factors such as the availability of financing generally, your creditworthiness, and policies of lending institutions concerning the type of business to be operated.
  • The chart below provides an estimate of your initial investment to develop a Charleys Philly Steaks Restaurant on a leased strip center, mall food court, airport, or military base.

1. Initial Franchise Fee: $24,500

  • The initial franchise fee is reduced to $15,000 for your second and any subsequent Restaurant.

2. Leasehold Improvements: $120,000 to $334,840

  • Your costs for leasehold improvements will depend on many varying factors such as the type of location , the size and condition of the premises of your Restaurant, and other local factors, including labor and material costs.
  • The low end of the estimate is for a mall food court location that does not need in-Restaurant dining while the high end of the estimate is for an in-line or standalone location that has in-Restaurant dining and higher labor costs of a unionized labor force.

3. Equipment/Furniture/Fixtures: $60,931 to $115,500

  • You also will be responsible for shipping and handling costs, which are included in the estimate.

4. POS System: $5,206 to $10,700

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Building A Cheesesteak Empire

Charleys 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. After experimenting with countless ingredients and perfecting his recipe, Shin turned his entrepreneurial dreams into reality in 1986 when he opened his first restaurant called Charleys Steakery, a 450-square foot space near The Ohio State University campus. With the support of his mother, Charleys Steakery became an instant hit with college students who craved the made-fresh Philly Cheesesteaks, loaded Gourmet Fries and all-natural Lemonades.

As the customers rolled in, Shin worked on a growth plan. In 1991, Charleys started franchising with like-minded partners to share the Philly Cheesesteak love. In 2002, Charleys Steakery became Charleys Grilled Subs, putting emphasis on our grilled-fresh-in-front-of-you transparency. In 2021, Charleys Cheesesteaks is serving our favorite cheesesteaks, fries, and real-fruit lemonades at every Charleys. Select locations also serve classic and boneless wings, fried appetizers, and frozen sweet treats.

No matter the name, weve stayed committed to quality over the past 30 years.

With over 600 locations in 46 U.S. states and in 17 countries, Charleys can be found in retail shopping centers, airports, strip centers, and Army & Air Force bases worldwide.

Great Steak Grows Market Share With Its Attractiveness To Millennials And All Other Ages

Charleys Philly Steaks

Great Steak appeals to a wide variety of people, but we are especially appealing to the millennial demographic, Combs adds. Our food is affordable, with an average ticket of $8-$10. Plus, our use of high-quality ingredients is evident the moment a customer steps up to the counter. We dont prepare meals in advance. Our customers tell us how they want their food, and then we cook their meal in front of them. Its dinner and a show!

Don’t Miss: Sam’s Club Philly Cheese Steak

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. After experimenting with countless ingredients and perfecting his recipe, Shin turned his entrepreneurial dreams into reality in 1986 when he opened his first restaurant called Charleys Steakery, a 450-square foot space near The Ohio State University campus. With the support of his mother, Charleys Steakery became an instant hit with college students who craved the made-fresh Philly Cheesesteaks, loaded Gourmet Fries and all-natural Lemonades.

As the customers rolled in, Shin worked on a growth plan. In 1991, Charleys started franchising with like-minded partners to share the Philly Cheesesteak love. In 2002, Charleys Steakery became Charleys Grilled Subs, putting emphasis on our grilled-fresh-in-front-of-you transparency. In 2012, as a nod to its core menu offering, all domestic locations became branded as Charleys Philly Steaks.

No matter the name, weve stayed committed to quality over the past 30 years. The #1 Cheesesteak in the World is made with only premium ingredients, like 100% USDA choice steak*, 100% all-white meat chicken, all-natural cheeses, and hand-cut vegetablesalways grilled-fresh-to-order.

Why Franchise?

Here is what we will help you with:

Work At Charleys Philly Steaks

Every person desires the best on the topics they give the highest importance to. For example, Charleys Philly Steaks gave importance to grilling the #1 cheesesteak in the world, and they achieved this. If you want to find the best job for yourself, heres a chance. Seize the opportunity and join the Charleys team today and work at a company that will awaken the best in you.

Minimum Age to Work: 16

Hours of Operation: Monday-Saturday 10:30am-9:00pm, Sunday 11:00am-9:00pm

Recommended Reading: Country Fried Steak Sam’s Club

Purchasing A Charley’s Philly Steaks Franchise

Charley’s is great as a location in shopping centers, airports, military bases, and wherever else foot traffic is at a high premium. Fast-casual restaurants, where food is cooked to order as the customers wait, is currently the most successful kind of eatery franchise in the industry right now.We’re positioned to continue our success story for decades to come, and we are interested in continuing our global expansion to put a Charley’s Philly Steaks in virtually every country in the world, as well as continuing our dominance in the hot subs category with more locations throughout the United States.

About Charley’s Philly Steaks

Charley

The #1 spot for cheesesteak, Charley’s Philly Steaks have been a successful franchise since 1991. With an assortment of delicious hot subs and our fresh lemonade, Charley’s is world-renowned and continues to expand, sharing our unique recipes with cultures far and wide.Franchising has been a part of the culture at Charley’s for twenty-nine years. With successful business partners all over America, and then all over the globe, you can’t do better than investing in a Charley’s Philly Steaks of your own.

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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. You can apply for one of these positions if you dont have any restaurant employment experience but want to commence a career in a restaurant environment. The management-level jobs range from team coordinator and shift manager to general manager. If you apply for a management-level job at Charleys Philly Steaks, make sure that you have a strong background in terms of education and supervisory experience.

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How A Korean Immigrant Amassed A Food Empire By Serving An American Favorite

Charley Shin, founder of Charleys Philly Steaks.

Courtesy of Charleys Philly Steaks

Charley Shin is 15 minutes late to his interview in New York with Forbes Asia. He rushes in apologetically with his wife, Mary, to Gramercy Tavern, a favorite restaurant in Manhattan. It turns out the cab driver was preoccupied with a call from his mother. He couldnt find it in his heart to interrupt.

The waiter recommends the tomato salad and striped bass as her personal favorites. Without another look, he folds the menu and cheerfully accepts.

This easily receptive side of Shin contrasts with the meticulous planning that has gone into his own eateries. Shin, 54, is the Korean-American founder of Charleys Philly Steaks, a sandwich chain founded 33 years ago in Columbus, Ohio, and now boasting 600 locations across 45 U.S. states and 19 countries.

Privately-held Charleys, whose sub options include the classic philly cheese steak and others like an Italian deluxe and chicken teriyaki, maintains an average growth rate of 7% over the past three years and is expected to close 2017 with $500 million.

Mostly franchised, Charleys enjoys a niche predominantly in regional malls, airports and military bases across the U.S., with 503 locations there. The United Arab Emirates is second with 24 locations followed by Saudi Arabia with 10. In Asia it is only present in South Korea and Japan, where it each has 5 locations. Most of the locations overseas are in malls and military bases.

Also Check: Omaha Steaks Chicken Cordon Bleu Cooking Instructions

Charleys Philly Steaks Franchise For Sale Information

    https://www.businessbroker.net/franchises/franchise/charleys-philly-steaks
    Providing incredible customer service As a franchise opportunity, Charleys Philly Steaks cant be beat. With a chic, new restaurant design, the addition of wings to our menu, streamlined operations, and exceptional training, Charleys Philly Steaks is ready for national expansion.

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Heres The Full Breakdown Of Costs & Fees Associated With Owning A Charleys Philly Steaks Franchise

I tried Charleys Philly Steaks GOURMET FRIES! Full Menu Review!

For a deeper dive into the costs & fees of owning a Charleys Philly Steaks franchise, please view Item 7 from our most recent Franchise Disclosure Document. The chart below provides an estimate of your initial investment to develop a CPSC Restaurant on a leased inline strip center or free standing site:

TYPE OF EXPENDITURE

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The Worlds Largest Philly Cheesesteak Franchise Is Rapidly Expanding Throughout The United States

Are you ready to build your Philly cheesesteak empire? Charleys Philly cheesesteak franchise, the worlds largest Philly cheesesteak chain, is ready to help you turn your dream into reality. Since our founding in 1986, Charleys Philly Steaks has served the No. 1 Cheesesteak in the World, and over 30 years later, Charleys has more than 630 locations open in the United States and around the world. Charleys Philly Steaks has won millions of fans by:

  • Focusing on quality ingredients, including 100% USDA choice steak
  • Implementing a simple menu
  • Providing incredible customer service

As a franchise opportunity, Charleys Philly Steaks cant be beaten. With a chic, new restaurant design, the addition of wings to our menu, streamlined operations, and exceptional training, Charleys Philly Steaks is ready for national expansion. Philly cheesesteaks are one of the most popular comfort food sandwiches people seek out when they do crave a cheesesteak, nothing else will do! We pride ourselves on making authentic cheesesteak sandwiches and a variety of popular sides such as our loaded fries that customers LOVE!

If you want to own a QSR business that specializes in a hard-to-get and much-loved comfort food and you want a business that can handle drive-through, third party delivery, and contactless curbside pickup, Charleys is a smart investment to make!

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.

Vetted Biz has reviewed the SBA Loan Data for Charleys Philly Steaks. Charleys Philly Steaks is available for SBA financing. Charleys Philly Steaks’s SBA Franchise Identifier Code was issued on October 1, 2017. Charleys Philly Steaks also meets the Federal Trade Commission’s definition of a franchise.

SBA Loan Information
Relevant Articles
Detailed Sba Loan Data Request

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Owners Of The Iconic Philly Cheesesteak Franchise Open Up About What They Love About Their Businesses

The Charleys Philly cheesesteak franchise has been helping entrepreneurs thrive in business for more than three decades. While the majority of our franchise owners had no prior experience making cheesesteaks before franchising with us, our longevity speaks volumes about their commitment to the brand, their fellow owners and their communities.

Were constantly inspired by how passionate our franchise owners are about their businesses and delivering the best cheesesteak experience to their customers, and we want to share some of their stories with you.

Here are a few of our franchise owners talking about what they love about their businesses:

I cant believe how many people love Charleys Philly Steaks!

Amgad Attalla, multi-unit franchisee in FL, VA and DE

Charleys is the best franchise! We receive so much support and guidance!

Eddy Chan, multi-unit franchisee in NY, NJ, MD, MA and VA

Get Contact Details & Mailing List Of Charleys Franchisees

Charleys Philly Steaks Franchise Information: 2020 Cost, Fees and Facts ...

The difficult part of this step of the franchise buying due diligence process lies in obtaining a current list of Charleys franchise owners. Thats why we put together this complete mailing/telemarketing list containing contact the names, phone numbers and physical addresses of business owners in the franchise system and certain former franchise operators. Its the easiest way to get honest reviews from franchisees that have already invested in the franchise opportunities youre considering buying.

Order now to get instant access to the complete QSR mailing list of Charleys Grilled Subs franchise owners.

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