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Charleys Named Top Philly Cheesesteak Franchise Opportunity

Entrepreneur Magazine Ranked Charleys As The Top Cheesesteak Franchise

When Charleys Philly Steaks was founded in 1986, it had two goals in mind: to make the best cheesesteak ever and create a business model that thrives. Well, mission accomplished: Charleys Philly Steaks was ranked as the top Philly cheesesteak franchise opportunity by Entrepreneur magazine, one of the leading publications in the franchise industry. The ranking was based on the evaluation of more than 150 data points in key areas, such as costs and fees, size and growth, franchisee support, brand strength, as well as financial strength and stability.

“Charleys Philly Steaks has grown into more than 600 locations, with legions of diehard fans across the country,” Entrepreneur magazine wrote. “They offer 100% USDA choice steak, a no-frills menu, and unparalleled customer service. Charleys Philly Steaks is one of the biggest Philly steaks franchises in the country.”

Entrepreneur magazine went on to say Charleys Philly Steaks has an ambitious plan to hit 3,000 new stores in the coming years. With franchise reinvestments (multi-unit ownership) responsible for more than half of the franchise’s growth, if you’re looking for a tested and proven business opportunity, Entrepreneur magazine said Charleys Philly Steaks may be a catch for potential franchisees.

top philly cheesesteak franchise opportunity

Why is Charleys the Top Rated Cheesesteak Franchise?

For one, Charleys Philly Steaks is nationally recognized as the top restaurant for the famed Philly cheesesteak. Competitors just simply cannot match that kind of brand recognition built over the past three-plus decades. The most significant advantage Charleys Philly Steaks has had all these years is its standout menu. We offer high-quality, fresh made-to-order food that’s also affordable, which is one of the reasons why we’ve grown to more than 715+ locations around the world.

Charleys has also remained committed to helping as many entrepreneurs realize their dreams of small business ownership as possible by keeping initial investment costs low. As a result, the total cost to invest in a franchise can run as low as $251,637-$1,002,700 – making Charleys Philly Steaks one of the most affordable franchises in the QSR market. With more than three decades of experience in helping our franchise owners thrive, you can rest assured you will receive best-in-class training and support from day one and for the life of the franchise. With little competition in the Philly cheesesteak market, our franchisees are primed to dominate in a food segment that’s a fan favorite among customers.

Ready to Invest in the Top Philly Cheesesteak Franchise Opportunity?

Charleys Philly Steaks is ready to roll on expanding in wide-open territories in prime markets throughout the U.S., and we’re looking for the right fits to bring the franchise into the next chapter. If you think your market would be a good fit for Charleys Philly Steaks, fill out the information request form here, and we’ll reach out as soon as possible! For more information, we invite you to check out our research pages here. We look forward to seeing if your dreams of business ownership can be met by investing in a Charleys Philly Steaks franchise!