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Charleys

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1986
  • Franchising Since 1991
  • 700 US Franchises
  • $202,059 - $668,967 Investment Range
  • $942,354 Average Gross Revenue
  • 6% Royalty Fee
  • $24,500 Franchise Fee
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Brand Description

Charleys, established in 1986, has grown into one of America's beloved fast-food franchises, specializing in made-to-order Philly cheesesteaks, gourmet fries, and signature lemonades. What began as a single location has evolved into a nationwide sensation, known for delivering an exceptional quick-service dining experience that combines quality ingredients with outstanding customer service.

At the heart of Charleys' success is their commitment to fresh, high-quality ingredients and made-to-order preparation. Their signature Philly cheesesteaks feature premium graded beef, fresh-baked rolls, and real cheese, all grilled to perfection right in front of customers. The menu extends beyond traditional cheesesteaks to include innovative variations like buffalo chicken and teriyaki options, appealing to diverse taste preferences.

The brand distinguishes itself through its dedication to customer experience, with consistently positive reviews highlighting friendly staff, cleanliness, and efficient service. Their loaded fries, featuring various creative toppings, have become a customer favorite, while their fresh-made fruit lemonades offer a refreshing complement to any meal.

Charleys' business model emphasizes operational excellence, quality control, and customer satisfaction. The franchise provides comprehensive training and support systems, enabling franchisees to maintain consistent food quality and service standards across all locations. Their successful track record and growing presence in shopping malls, standalone locations, and other retail environments demonstrate the concept's versatility and appeal to diverse markets.

DID YOU KNOW?

How much does it cost to start a franchise with Charleys?

$202,059
$668,967
Did you know that bringing Charleys' famous Philly cheesesteaks and loaded grill subs to your community requires a total investment between $202,059 and $668,967, which includes the $24,500 franchise fee plus all the equipment, buildout, and working capital needed to launch your own piece of this beloved sandwich empire?
Financial Summary
Franchise Fee
$24,500
Investment Range
$202,059 - $668,967
Investment Midpoint
$435,513
Minimum Cash Required
$202,059
Royalty Fees
6%
Brand Fund
3%
Brand Bragging Rights
38 years proven franchise experience
761 locations nationwide market presence
Signature Philly cheesesteak menu differentiation
Lower investment barrier entry point
Streamlined counter-service operational model
Established supply chain infrastructure
Financial Analysis
Charleys presents an accessible entry point into the fast-food franchise sector with investment requirements of $202,059 to $668,967, positioning significantly below the sub-sector average range of $713,504 to $1,813,121. This lower barrier to entry makes the concept attractive for first-time franchisees or investors seeking portfolio diversification without premium capital commitments.

The sandwich shop segment benefits from consistent consumer demand for quick-service options, with Philly cheesesteaks representing a differentiated menu position within the crowded fast-food landscape. The reported gross revenue of $942,354 trails the sub-sector average of $1,149,168, though this may reflect the brand's focus on accessible investment levels and operational efficiency.

With 761 units and 38 years of operation since 1986, Charleys demonstrates substantial system maturity and franchising experience. This extensive operational history suggests refined business processes, established supply chains, and proven unit economics across diverse markets.

The counter-service model offers operational simplicity with limited seating requirements and streamlined labor needs. However, investors should consider the competitive intensity within fast-casual dining and the importance of securing high-traffic locations for success.

Ideal candidates possess $200,000+ liquid capital with food service experience or strong operational backgrounds. The brand suits investors seeking established franchise systems with lower entry costs and proven market presence. Multi-unit development opportunities may appeal to experienced operators looking to scale within defined territories.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Charleys. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
Founded in 1986, Charleys has grown to numerous locations across multiple states and has established an international presence, as evidenced by locations like their highly-rated Muscat City Center outlet (4.8 rating). The franchise shows strong concentration in the Mid-Atlantic and Southeast regions, with notable presence in Virginia, Florida, Texas, and significant market penetration in California and Maryland.

The franchise maintains positive customer satisfaction ratings across thousands of customer reviews, with some locations like Muscat demonstrating exceptional performance potential. Regional success appears strongest in densely populated urban and suburban areas, particularly in shopping centers and high-foot-traffic locations.

Market analysis suggests expansion opportunities in both domestic and international markets. Within the U.S., the franchise's strongest performance typically occurs in locations with high daytime population density and proximity to retail centers.

For prospective franchisees, ideal locations should prioritize:
- High-visibility retail corridors with substantial foot traffic
- Shopping centers or malls with strong anchor tenants
- Areas with diverse demographic mix and steady daytime population
- Regions with growing quick-service restaurant demand

With over 35 years of operational experience and a proven track record in various markets, Charleys continues to demonstrate strong potential for further expansion both domestically and internationally.
Total US Locations761
Open Franchises700
Corporate Locations61
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Charleys. Learn about the experience and expertise of the executive team guiding Charleys's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Charleys. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Charleys's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Charleys's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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