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Charleys Philly Steaks
- Gosh Enterprises, Inc.
Columbus, OH 43235
USA
- (80) 043-8325 / (614) 923-4700
- (614) 923-4701 (Fax)
- Ms. Elias Moaikel, Vice President of Operations and Training
- [email protected]
CHARLEYS is the world’s #1 Philly Cheese Steak brand. In 1986, Charleys redefined the Philly Cheese Steak. Today, more than 520 locations in 47 states and 20 countries serve up the world’s number one Philly Cheese Steak. Made with fresh, quality ingredients grilled-to-order the Charleys way. Also known for its gourmet fries smothered in deliciousness and refreshing natural lemonades, the restaurant franchise is quickly expanding to serve the world’s favorite Cheese Steaks across the globe. (Please note: all Charley's Grilled Subs locations will transition to Charleys Philly Steaks by the end of 2015).
Franchisor Background
Year Established: 1990
Franchising Since: 1990
Operating Units
| Franchised Units | 423 | 89.8% |
|---|---|---|
| Company-Owned Units | 48 | 10.2% |
| Total Operating Units | 471 | 100% |
Geographic Distribution
| USA | 417 | 81.8% | In 46 States |
|---|---|---|---|
| Canada | 4 | 0.8% | In 1 Provinces |
| International | 89 | 17.5% | In 19 Foreign Countries |
| Total | 510 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | 83 |
|---|---|
| Franchises Owned by Multi-Unit Operators | 418 |
North American Unit Density
| Density | Units |
|---|---|
| California | 49 |
| Florida | 41 |
| Ohio | 19 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | Yes |
| Franchisee Association? | Yes, is a member |
| Size of Corporate Staff | 75 |
| Site Selection Assistance |
Yes |
| Lease Negotiation Assistance | Yes |
| Financial Assistance | Yes, Indirect |
Marketing Support
| Co-Op Advertising | No |
|---|---|
| National Advertising | No |
| Regional Advertising | No |
| Local Advertising | No |
Ongoing Support
| Central Data Processing | N/A |
|---|---|
| Central Purchasing | N/A |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | Yes, at additional cost |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Yes, at additional cost |
| 800 Telephone Hotline | N/A |
Training
| Columbus, OH | 3 Weeks |
Financial Requirements
Investment
| Minimum Net Worth | $300K |
|---|---|
| Cash Investment | $100K |
| Total Investment | $162.9-475.9K |
| Average Total Investment | $319K |
Fees
| Initial Franchise Fee | $24.5K |
|---|---|
| Average Franchise Fee | $24K |
| On-Going Royalty | 6% or $300/Wk. |
| Average Royalty | 6% |
| Advertising Fee | 3% |
Site Information and Requirements
| Average Number of Full-Time Employees | N/A |
|---|---|
| Average Number of Part-Time Employees | 12-15 |
| Space Needs (in square feet) | None |
| Preferred Site Types | Regional Mall |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | No |
| Listed in the SBA Registry? | Yes |
Franchisee Qualifications
| Financial Net Worth | 4 |
|---|---|
| General Business Experience | 5 |
| Specific Industry Experience | 2 |
| Formal Education | 2 |
| Psychological Profile | 2 |
| Personal Interviews | 5 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Not Allowed |
| Area Development Agreements? |
No |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 50 |
|---|---|
| USA | Yes, All United States |
| Canada | Yes |
| Overseas | Yes, All Countries |
