Business Description

Quick service restaurant and ice cream parlor. "The Cheesesteak Champion" serves fresh, high quality products prepared to order in front of customers. On premises, take out, drive though, delivery. May operate in strip shopping centers, convenience stores, free-standing buildings and "end cap" space. Franchisor helps in site location, lease negotiation, equipment purchasing, grand opening, initial and on-going training, toll free helpline.

Franchisor Background

Year Established:  1984

Franchising Since:  1987

Operating Units:
Franchised Units:	175	99.4%
Company-Owned Units:	1	0.6%
Total Operating Units:	176	100.0%
Geographic Distribution: U.S.: 176 100% In 7 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 176 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Florida	10
2. Georgia	68
3. Texas	19

Registered in Following Registration States: Florida, Illinois, Indiana, Virginia

Financial Requirements

Investment:
Minimum Net Worth:	$150K
Cash Investment:	$35-50K
Total Investment:	$130-198.5K
Average Total Investment:	$164K
Fees:
Initial Franchise Fee:	$20K
Average Franchise Fee:	$20K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	4%

Average Number of Employees: 2 Full-time, 10 Part-time

Space Needs (in square footage): 1,100-1,600

Preferred Sites: Strip Center

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	3
Specific Industry Experience:	3
Formal Education:	2
Psychological Profile:	2
Personal Interview(s):	3
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	No
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	15
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Not Applicable
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Included in Fees
Training:
1. Atlanta, GA	80 Hours
Expansion Plans
Projected New Units Over Next 12 months: 40 U.S.: Yes, SE,TX,IL,VA,KY,IN,OH,NJ Only Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Philly Connection.