What’s the Best Philly Cheesesteak Franchise to Buy?
Charleys Philly Steaks franchise is ready to rapidly expand across the nation
If you’re interested in investing in a Philly cheesesteak franchise, it pays to do your research. While the once regional sandwich was only available in the City of Brotherly Love, the Philly cheesesteak has become one of the most popular sandwiches in the nation.
In recent years, the cheesesteak has been popping up on menus from the most high-end restaurants to popular sub chains and giant fast-food pizza concepts. But one thing is for sure: there’s no substitute for the real thing. While the cheesesteak is incredibly popular nationwide, getting an authentic cheesesteak is hard to come by in most markets.
With such a pent-up demand, it’s not surprising that there are a few cheesesteak franchise opportunities – but that doesn’t mean they’re equal. When you’re researching a cheesesteak franchise, you have to answer the following questions:
- Does this brand have a track record of success?
- Does the brand have a product customers love?
- Is the business model easy to scale and simple to run?
- Does the brand provide exceptional ongoing support?
For Charleys Philly Steaks, the world’s largest Philly cheesesteak franchise, the answers to all of these questions are, “Yes!”
What Makes Charleys Philly Steaks Franchise a Wise Investment?
You don’t get to become the world’s largest cheesesteak franchise without getting a few things right. Charleys was founded more than 30 years ago by Charley Shin, who is still our CEO and actively involved in our brand and is deeply committed to our franchise owners.
“Our only priority is to ensure that our franchisees are profitable,” Shin says. “We have developed a strong culture of support that helps our franchisees in every aspect of running their businesses, and we’re enormously proud of their achievements. We can’t wait to welcome more entrepreneurs into our franchise family as we continue to expand across the United States.”
Our exceptional support is why 70% of our growth comes from our existing franchise owners. This is a testament to the simplicity of our business model, as well as our focus on profitability and strong unit economics. It’s also the reason why we ranked high on Entrepreneur magazine’s, “Franchise 500,” list of the top franchise opportunities for 2020.
“Our goal is to reach 3,000 stores in the coming years,” says Charley Shin, CEO and founder of Charleys Philly Steaks. “We’ve been growing at about 60 stores a year for the past several years, and about 70% of our growth comes from our existing franchisees reinvesting in the brand – which is extremely positive. We exist to help our franchisees become successful in business, and we want to help as many entrepreneurs as we can. This brand has never been more successful than it is today, and we’ve never been more excited about the future.”
The other reason for our growth is our product. Charleys has millions of fans and incredible brand recognition. Not only focus on serving high quality ingredients, including 100% USDA choice steak, but we also focus on providing incredible customer service. Now that we have added wings, Charleys is even more attractive as a franchise opportunity, as wings increase profit-potential and drive customer traffic.
The other reason for our growth is our affordability. The total cost to invest in a Charleys Philly Steaks franchise ranges from $253,231 to $637,568. Our low-operation costs make business ownership accessible to more entrepreneurs – and this is the goal. At Charleys’, we believe that more entrepreneurs should have a career that you can be passionate about, that makes a difference in your community, and allows you to realize your dreams.
This is why we’re the No. 1 Philly cheesesteaks franchise in the world.