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Entrepreneur: Start & Grow Your Business

Charley's Grilled Subs

Philly cheesesteaks, grilled subs, fries, salads

Background

Founded: 1986 Franchising since: 1991
Visits to his relatives near Philadelphia inspired Charley Shin's entrepreneurial spirit, and he saw his future in cheesesteak sandwiches. In 1986, Shin opened his first Charley's Grilled Subs at Ohio State University. The then-22-year-old's restaurant became an instant hit with professors and students.

Since then Shin has expanded to locations nationwide. In 1999, he was named Entrepreneur of the Year by Ernst & Young.

2500 Farmers Dr., #140
Columbus, Ohio 43235
Phone:
(800)437-8325/ (614)923-4700

Franchisee Association
Charley's Grilled Subs Franchise Advisory Council

Franchisor is a privately-held company with 35 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 339 3 37 33
2008 299 3 27 32
2007 267 3 24 30
2006 241 4 18 27
2005 222 4 16 13

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Special Programs
Charley’s Grilled Subs supplies The Faith Mission, a Columbus-area shelter, with fresh sandwiches. Employees also donate money to Hunger Task Force.

Costs and Fees

Total investment: $146.5K-554.5K
Franchise fee: $24.5K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience

Operations
  • Number of employees needed to run franchised unit: 20
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 weeks
  • At franchisee's location: 7 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks

Other marketing support
  • Franchise community website & bulletin board

Rankings

Franchise 500® rank:
#132 (2009); #153 (2008); #122 (2007); #131 (2006); #327 (2005);

Ranked #1 in category in:
2009; 2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#99 (2009);

America's Top Global Franchises:
#103 (2009); #123 (2008); #101 (2006);