Charleys Philly Steaks & Wings

Available in Multiple Locations
Cash Required

$200,000

Min. Franchise Fee

$24,500

Total Number of Units

761

Franchising Since

1990

Corporate Headquarters

Columbus,OH

CEO Name

Charley Shin

Overview

Charleys Philly Steaks was founded in 1985 by our CEO, Charley Shin, and has since become the world’s largest Philly cheesesteak franchise. With more than 700 locations open throughout the nation and around the world, Charleys Philly Steaks has helped hundreds of entrepreneurs thrive in a business that emphasizes exceptional food, exceptional customer service, and community. With streamlined operations that maximize profitability, and a restaurant model for any location, Charleys Philly Steaks has your ticket to start or expand your portfolio.

Franchise Unit Trends and Revenue

Total Number of Units

761

New Units Opened

113

Average Unit Revenue

$942,354

* in 2023

Franchise Fees

Min. Franchise Fee

$24,500
Veteran's Fee: $12,250

Royalty Fee

6.0%
Gross Sales

Ad Fund Fee

1.0%
Gross Sales

Why Choose Charleys Philly Steaks & Wings?

Cheesesteaks and Wings are two popular offerings, that are still vastly underrepresented in a landscape of Fast Casual and QSR categories. The opportunity to immediately stand-out in communities, travel routes, and destination locations is hot with Charleys.

  • #1 Cheesesteak Franchise in The World
  • 30+ Years of Experience
  • 700+ Locations – With Room to Grow
  • 22 Consecutive Years of Net Positive Growth
  • Strong AUV’s
  • Growth Incentives

Starting Costs and Investment Requirements

Total Investment

$251,637 - $1,002,700

Net Worth Required

$500,000

Cash Required

$200,000

Training and Support
Financing Available
Multi Units

Training and Support

  • 3 Weeks
  • 2 Trainees
  • Combination of Hands-On and Classroom Training

History

In 1986 Charley Shin was able to turn his entrepreneurial dream into a reality when he opened his first restaurant called Charleys Steakery, a 450-sqft space near The Ohio State University’s campus. The restaurant became an instant community hit through crave-able offerings like Charleys signature Philly Cheesesteak, Gourmet Fries, and Fresh Lemonades. As customers and rave reviews rolled in, Charley worked to grow and share his brand with customers in Columbus, OH and beyond. In 1991, Charley began franchising his concept to accelerate growth in new markets. Our brand found early success in mall food courts, military bases. Recently our growth has expanded into strip-centers, free-standing, fuel centers, and select Walmart locations. This is how we quickly became and will continue to be a leader within the cheesesteak category with a nationwide presence. Today, Charleys Philly Steaks continues to grow with over 700+ Charleys locations in 47 states.

Ideal Candidate

  • Passionate about business ownership
  • Leader
  • Adaptable
  • Action Oriented
  • Enjoys People and Serving the Community

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